Employee Recognition Could Improve in a Recession

November 20, 2008 RSS Feed Print
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If cost-cutting employers chop employee rewards programs during the downturn, will workers despair over the lack of recognition? Perhaps not--if the programs are replaced with something better.

Bob Nelson, an author and expert in employee motivation, talked with Harvard Management Update about employees' favorite kind of reward: praise.

An excerpt of the interview:

What kinds of recognition and rewards do employees want most?

I conducted an Internet survey that gave people choices of 52 items. The No. 1 factor they valued was "managerial support and involvement"--asking employees their opinions, involving them in decisions, giving them authority to do their jobs, supporting them when they make a mistake, and so forth. Also important were flexible working hours, learning and development opportunities, manager availability, and time.

Employees also want basic praise. In the top 10 factors, there were four types of praise: personal praise, written praise, public praise, and electronic praise. Those are the hottest ones for people, and none of them costs a dime!

 

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This is so true!! Our recognition program used to be completely monetary driven but our retention was actually getting worse. Once we started using a simple employee recognition tool, it was amazing how much people used it. The biggest surprise was how much employee-to-employee recognition happened. We didn't expect that as we were really looking for a tool for managers to recognize their team members. I'd say 70% of the Kudos sent now are between fellow employees and 30% from managers. Sorry, "Kudos" is the name of the program we use, I can't take credit for that term! (www.kudosnow.com is the site)

Julie

Julie Milton of CA 7:04PM November 27, 2008

This is an important part of retention. Praise is always desired, but it's so much better to have a CEO who is passionate about providing support to employees, as I had at Rubicon Consulting. I hope these types of actions and programs increase.

Marsha

Mint Resumes

http://mintresumes.wordpress.com

Marsha Keeffer of CA 2:19AM November 21, 2008

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