Reasons to Invest in an Employee Recognition and Reward Platform

A program that offers recognition and rewards to employees who meet and/or exceed certain achievements is one of the best methods employers have at their disposal for creating and retaining happy and motivated employees. Employee recognition and rewards, as part of an employee engagement strategy, help sway workers to be more committed in the workplace.
The facts:

  1. Employees who are committed to their jobs and the success of their co-workers and company are usually the most productive.
  2. These employees are more likely to stay with a company for the long haul.
  3. Business owners who have committed employees usually spend less money on new hire searches and trainers than those who struggle in this area.

Doing it yourself versus doing it right

Yet, many employers don’t know how to implement and manage a program. They also often don’t have the tools and knowledge necessary to run and track a program in an efficient manner. In the downloadable PDF document titled “Do-it-yourself vs. Doing it right: Fueling employee engagement with a social recognition and reward platform,” Achievers Corp. offers a well-thought-out comparison of the pros and cons of “do-it-yourself” and “social recognition and reward platform” options.
Although Achievers offers a platform product, it doesn’t outline the cons of D-I-Y programs in a biased way. Instead, Achievers uses logic to show how D-I-Y programs waste time and money in areas like data tracking, budgeting, multiple rewards management and long-term program adoption. Achievers also supplies real-world examples of how social recognition and reward platforms have been critical to the success of several companies.
Learn more about how to use recognition and rewards technology to handle this aspect of your employee engagement strategy by downloading “Do-it-yourself vs. Doing it right: Fueling employee engagement with a social recognition and reward platform” today.
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