driving a culture of employee recognition

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© AberdeenGroup 2011 Madeline Laurano Research Director, Human Capital Management December 10, 2013 Driving a Culture of Employee Recognition

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© AberdeenGroup 2011

Madeline LauranoResearch Director,

Human Capital ManagementDecember 10, 2013

Driving a Culture of Employee Recognition

© AberdeenGroup 2011 2

Webinar cohosts

Madeline LauranoResearch Director, Talent Acquisition Solutions, Aberdeen

Derek IrvineVice President, Client Strategy & Consulting, Globoforce

© AberdeenGroup 2011 3

Building Your Winning Culture of Recognition

© AberdeenGroup 2011 4

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Aberdeen Maturity Class Framework

What you need to do to become Best-in-Class

What processes you should have in place

What you need to measure

Organizational changes you might want to make

Data / Knowledge management considerations

Technologies you should evaluate

Best-in-Class

Industry Average

Laggard

P A C E

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Drawn from our World Class Research

Studying hundreds of organizations and their strategies

Covering a wide variety of industries and geographies

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Our Agenda

Current State of Employee Recognition

Impact on Employee Engagement

Key Trends in Recognition Social Recognition Analytics Selecting the Right Provider

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Top Pressures

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Four Trends Impacting Today’s Workforce

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Do You Have a Formal Recognition Program?

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Barriers to Employee Recognition

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Employee Recognition Drives Engagement

95% of organizations stated that they believe rewards and recognition programs improve employee engagement

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The Greatest Impact on Engagement

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Fast Facts

50% of Organizations say HR is

responsible for Employee Engagement

27% say the Lines of Business Managers

are responsible

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Fast Facts

62% of Organizations are able to link

organizational profitability to employee engagement.

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Yet…

Only 42% of Employees Are More Engaged

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Key Trends to Employee Recognition

Rewards vs. Recognition Contingent Labor Strong Communication Company Culture Gamification The Power of Social Recognition Analytics The Role of Technology

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Rewards vs. Recognition

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Flexible Workforce Matters

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Gamification

TASK-BASED BEHAVIOR-BASED

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Social Recognition

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Analytics

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Fast Facts

60% of Organizations Have a Budget for

Recognition

32% say their budget has increased this

year

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Key Recommendations

Gain Executive Support

Communicate Your Recognition Strategy

Measure the Effectiveness

Invest in the Right Providers

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Key Criteria for Vendor Selection

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Thanks for your interest in our research!

Madeline Laurano

Research Director

[email protected]

617-854-5304

Globoforce

www.globoforce.com

888-743-6723

@globoforce