Whitepaper: Building an effective recognition strategy
Distinct from salary and benefits, recognition has an important role to play in motivating and engaging staff. Xexec gathered a panel of industry experts to develop a blueprint for those wanting to implement a meaningful recognition strategy.
- Having a clear vision of what you want to achieve is crucial in ensuring that the various elements of a recognition strategy work together.
- Fairness is a critical factor in keeping staff motivated. It is down to employers to define what fairness means to their business and to stick to those principles.
- Rewards should be tailored to the humour, tone and culture of an organisation.
- Trends should be monitored on an ongoing basis to inform strategy.
The whitepaper includes a case study from Anglian Water about its recognition programme.