How to Elevate Your Culture: Rewards and Recognition

The ‘Elevating Your Culture’ series continues today with our hosts, Keith, Maria, and Michelle discussing how to build rewards and recognition into your overall culture strategy. Given their vast amount of experience in this field, they’ve witnessed both the good and bad elements of these programs, and today they share these examples and their valuable advice for listeners as well. They begin by looking at what they feel is the key to a successful rewards and recognition program, providing some examples of such programs, and the issues with using cash or gift cards as rewards. Our hosts also offer advice for those planning on running such programs, recommend a great resource, and emphasize the importance of celebrating everybody within the organization. While it may be true that ‘most companies probably aren’t successful with rewards and recognition’, today’s episode and the expertise shared in it will provide all listeners with the tools to definitely put them on the right track.

The Finer Details of This Episode:

• The key to successful rewards and recognition programs
• Some examples of successful programs
• The issues with using cash/gift cards as rewards
• Advice for starting a rewards and recognition program
• Kouzes and Posner’s The Leadership Challenge
• The importance of celebrating everybody

Quotes: “I would say most companies probably aren’t successful with rewards and recognition.” “They are maintaining their program with unwavering consistency.” “Everybody in the joint got to see the recognition, but you didn’t have to necessarily announce it in a meeting or something.” “I’ve seen the simplest things show up as the employees’ favorite things.” “You’ve got to start somewhere, but you’ve got to start simple.” “Money...it really has an effective negative return.” “What part of today was great?” “Don’t forget your top performers.” “You’re communicating to them that you appreciate their contribution and that you celebrate the successes that they had.” “Crawl before you walk.”

Show Links: REL Talent: HR Consulting