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2012 Trends in Recognition Razor Suleman, CEO & Founder Monday, May 2 nd, 2011
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The Problem Lack of Employee Engagement
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The Experts… “Research has clearly and consistently proved the direct link between employee engagement, customer satisfaction and revenue growth” - Harvard Business Review
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“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…
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“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
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Theory of Human Motivation SELF ACTUALIZATION SELF ESTEEM BELONGING PHYSIOLOGICAL SAFETY SALARY & REWARDS CULTURE RECOGNITION ENGAGEMENT JOB SECURITY
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Driving Employee Engagement
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Trend 1: Results Based Recognition
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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
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Trend 2: Peer Recognition
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2,356 Peer Recognitions each month! 1,250 Employees
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Trend 2: Peer Recognition
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Trend 3: Social Recognition™
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Share on Facebook, Twitter & LinkedIn Drives Social Recruiting Authentically Builds Employer Brand Authentically Builds Employer Brand
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15 Bonus Trend: Social Recruiting
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ROI on Employee Engagement
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Thank You! Razor Suleman, CEO & Founder razor@iloverewards.com Monday, May 2 nd, 2011
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