Employee Recognition - what are the different pillars of your company's recognition scheme? Do you have names for the different awards? Best platform / system to encourage use of the programme?
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HI, we have a global program centered around our 4 company values. Our recognition program works as part of a total rewards whole, for on-the-spot point awards and ecards. This works along with short term incentives (rewarding annual business results), long term equity (rewarding long term compnay health), and merit increases (rewarding individual impact). We use Madison Performance Group.
We use our 5 company values as the basis for recognition. Currently, we have a peer to peer award with 76% of our employees utilizing each month. We use Motivosity as our recognition platform.
Our recognition program drives the recognition of staff who live our values. Based on nominations, we have monthly and quarterly winners. These winners are nominated for the CEO awards in 5 different categories each with a prize.
We also have created a recognition award budget where Exco can nominate staff who contributed towards the achievement of our strategy and the award is 3x their monthly pay. This is done annually
In our organization, recognition is primarily centered around global awards, conducted annually with each region having its own titles and prizes. These awards focus on individuals who consistently embody our values, going above and beyond in their contributions. The program is peer-nominated, emphasizing those who have delivered projects or programs that significantly impacted the organization. While we don't have a centralized global recognition platform, this approach allows us to celebrate and acknowledge achievements that align with our values across the decentralized structure.
We use BI worldwide for its global coverage, service delivery and tier 1 support capabilities. We already have a culture with instilled values and summarized those into 6 recognition program values for peer to peer recognition coupled with various employee of the quarter programs. We also leverage BI worldwide's technology for service anniversaries/awards. We currently do not use spot recognition monetary programs but easier to add this offering in the future once we centralize.