We’d like to think that billions of dollars spent on something can’t be wrong. But as we look at the changing landscape of employee recognition, it’s becoming more apparent to many organizations that their money is somewhat misplaced.
With billions being spent on recognizing employees, the vast majority of that spend (more than 80%, according to Bersin by Deloitte) is focused on just one thing – awarding employee loyalty.
We believe it can be done through continuous employee recognition, where employees are recognized when they do great things so that behavior is reinforced and reinforces company values.
Reward Gateway are out to disrupt the market of long service awards and one-time only recognition initiatives by creating a continuous recognition platform that gives managers and peers the opportunity to recognize each other when it matters most and show that they appreciate their hard work.
Also read Adapting to a Changing Workforce: The Impact of Continuous Employee Recognition
To see how SmartAwards™ creates a culture of continuous recognition, watch this short overview video:
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