I had recently reviewed the “Trends in Employee Recognition” research compiled and completed by the WorldatWork organization. This report summarizes the results of a survey used to gather information about current trends in recognition programs. Specifically, the research is designed to measure specific types of recognition programs and the impact on the workforce. It has some great information that I would like to share!
WorldatWork is a not-for-profit organization providing education, conferences, and research focused on global human resources issues including compensation, benefits, work-life and integrated total rewards to attract, motivate, and retain a talented workforce.
Overall, WorldatWork has found that recognition programs continue to be a big part of the total rewards toolkit. More than 86% of the organization’s surveys have a recognition program in place; “Years of Service” program being the more prevalent with “Recognition to Encourage a Specific Behavior” being the biggest gainer on the list. More and more companies are seeing the importance of behavior-based rewards and recognition!
According to the WorldatWork data, the following is the top five recognition goals of an organization:
- Recognize Years of Service
- Create a positive work environment
- Motivate high performance
- Create a culture of recognition
- Increase morale
WorldatWork also discovered that recognition is perceived to have positive effects on many key strategies such as increased engagement and retention, recruiting, and relationship to turnover. Now is the perfect time to create a culture of recognition!
For the full report of Trends in Recognition, click here. Does your company host a recognition program? If so, what is your organization’s goal?
Posted by Recognize Right 
