The ROI of Strategic Employee Recognition

Published by Workhuman

Research shows that a strong culture of recognition is critical to an organisation’s overall success. But in a turbulent global economy – with increased budget scrutiny – how can HR professionals make a compelling business case to senior leaders? It starts with data.

According to recent Gallup research, nearly half (46%) of senior leaders don’t know what percentage of their budget is allocated to recognition – and 10% don’t know whether the organisation even has an allocated recognition budget!

Get the tools and insights that you need to have informed, data-driven discussions about the business rationale for a strategic investment in recognition with senior leadership. During this session, you’ll:

• Take a deep dive into the analytics and outcomes of well-designed strategic recognition programmes.
• Learn how to model financial returns against productivity, retention, health and safety, and absenteeism through the ROI calculator tool.
• Gain access to an attendee-exclusive custom (and complimentary) interactive workshop with Workhuman’s Strategic Advisory team to explore and evaluate your employee recognition and total reward strategies.

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---------- Communication gap among employees Inefficient use of people analytics Lack of support from senior management A prevailing negative work environment Difficulty with measuring employee engagement

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Related Categories HR Software, HR Automation, HR Administration, Employee Rewards, Employee Benefits, Team Management