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Cost of Meaningful Employee Recognition

What does meaningful employee recognition cost?

employee recognition dollar value by role

Last month we ran an employee recognition survey. Response was terrific and we are still analyzing the results.

While we wait for the full report I thought I might share with you this snippet that looks at the cost of meaningful recognition.

In 2007, when we first surveyed respondents on the cost of their most meaningful recognition, 57 percent said it cost nothing. While that finding was significant, take a look at where we are today, hovering around 70 percent!

Stay tuned for more…

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Coaching for Success

Free Weekly Tips – Coaching for Success

I offer free weekly tips to help leaders motivate their teams. I love it when readers tell me about their successes. One of the tips is Coaching for Success. A reader says this tip helped employees to become more competent and engaged:

Coaching for success. When an employee comes to you with a problem do you do the fast and efficient thing by providing the solution? While it is efficient, this approach doesn’t build skills and it doesn’t demonstrate to employees that they are valued.

Instead, coach them on how to solve the problem and you help employees become more competent and more engaged. Try asking these questions:

  • What have you tried so far?
  • What are the possible solutions?
  • What else do you need in order to proceed?

Provide questions, provide resources, but try not to provide the answer. You might be surprised to discover that their solution is more elegant than yours!

Copyright Cindy Ventrice

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Are You Receiving Meaningful Recognition? New Survey

Are you receiving meaningful recognition?

Are you receiving meaningful recognition?

What makes recognition meaningful?

We want to motivate people to do their best work. The answers to these questions are key to motivation. The workplace is changing and evolving. It is time to update what we know about meaningful recognition.

Help us answer these questions by participating in our survey.

Next Generation Recognition

Over the past few years the methods of delivering recognition have expanded. There are now many virtual options. We have a new generation of recognition options as well as a new generation of workers.

Can we really say that a handwritten note delivered face to face is more meaningful than praise delivered within a software application? Does it depend on the generation? We don’t know. Let’s find out! Complete our survey.

Help us determine what makes recognition meaningful in today’s work environment. Complete the survey. Tell your coworkers and friends. We hope to get a large cross-section of industries and age groups. The larger the sample the better. Complete the survey now.

Results Unique to Your Organization

When you take the survey you might find yourself thinking,

“Hey, wouldn’t it be great to know what the people in our organization think is meaningful?”

Contact me. We can arrange  for your employees to take the survey and provide you with the results from your organization benchmarked against the general population.

Participate now. Final results will be posted in the months to come.

Thank you!

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