WHY REWARD EMPLOYEES?
Employee recognition is a communication tool that allows companies to reinforce and reward behaviors that are reflective of the organization’s core values and objectives. Recognition and retention programs also instill a climate of trust within the workforce. Companies must remember the people they employ are the foundation for the way the organization moves, grows, and is perceived in the marketplace. Companies that prioritize employee recognition demonstrate their interest in fostering a positive, productive, and innovative culture among their employees. Workers who feel appreciated are more positive about themselves and the contributions they make to the company’s success. Because organizations must retain employees to be successful, they need to have an effective recognition program in place. It’s critical to choose the correct program. Companies continue to reward their employees with cash awards due to convenience. Many companies don’t want to take the time or effort to design a
