Published: 15 June 2023
Attracting and retaining talent is a key challenge for many Tech CEOs. Implementing a recognition and reward program as part of the core talent strategy will positively impact company culture and employee well-being, performance and retention.
Recognition should acknowledge individuals for going the extra mile and for exhibiting behaviors in keeping with company values.
Rewards add impact and meaning by complementing recognition with monetary or nonmonetary benefit.
Technology will help to scale and deepen the impact of a recognition program, but a lack of technology shouldn’t limit tech CEOs from having a program.
Tech CEOs seeking to shape a culture for scale, performance and well-being should:
Ensure a recognition program is open to all by aligning recognitionwith company values rather than business goals and outcomes, which can vary by company function.
Add impact to recognition by
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