The importance of recognizing employees for their good acts has never been lost on HR leaders, but new research shows that meaningful recognition may be more important than ever in retaining top employees and keeping pace with competitors.
Such recognition isn’t possible for large employers without modern technology. Today’s employee-recognition vendor platforms can, at a minimum:
- Facilitate rapid peer-to-peer feedback.
- Create social media “walls”—like oversize Facebook pages—that amplify recognition by allowing more workers to celebrate their colleagues’ accomplishments publicly.
- Provide analytics that help leaders better understand the impact of recognition on employee engagement and business results.
