2012 Trends in Recognition Razor Suleman, CEO & Founder Monday, May 2 nd, 2011
The Problem Lack of Employee Engagement
The Experts… “Research has clearly and consistently proved the direct link between employee engagement, customer satisfaction and revenue growth” - Harvard Business Review
“Organizations with high engagement rate are 78% more productive & 40% more profitable than those organizations with low levels of engagement.” -Hewitt Quarterly, 2009 The Experts…
“Numerous studies have concluded that for people with satisfactory salaries, nonfinancial motivators are more effective than extra cash in building long-term employee engagement” - McKinsey & Company
Theory of Human Motivation SELF ACTUALIZATION SELF ESTEEM BELONGING PHYSIOLOGICAL SAFETY SALARY & REWARDS CULTURE RECOGNITION ENGAGEMENT JOB SECURITY
Driving Employee Engagement
Trend 1: Results Based Recognition
92% of Companies Offer Years of Service Awards Only 16% of the “Class of 2011” find them important 92% of Companies Offer Years of Service Awards Only 16% of the “Class of 2011” find them important
Trend 2: Peer Recognition
2,356 Peer Recognitions each month! 1,250 Employees
Trend 2: Peer Recognition
Trend 3: Social Recognition™
Share on Facebook, Twitter & LinkedIn Drives Social Recruiting Authentically Builds Employer Brand Authentically Builds Employer Brand
15 Bonus Trend: Social Recruiting
ROI on Employee Engagement
Thank You! Razor Suleman, CEO & Founder Monday, May 2 nd, 2011