Top 4 Employee Rewards and Recognition Program Examples

Businesses in uncertain times must have a solid corporate culture to recruit and keep top-tier talent. Surveys suggest an 18x boost in the likelihood of exceptional work when employees feel recognized and valued at work. Individuals who create deep connections at work are 11x more likely to stay with their business for another year (and 3x more likely to stay three more years).

Find out how these programs were able to be so successful by studying the following case studies with employee rewards and recognition program examples:

1. Making Recognition an Experience

Rather than just a transaction, recognition should be an experience. It was essential to New York-Presbyterian to design a fun and exciting program for its employees to show them how much they are appreciated and appreciated. Employees and leaders may use their recognition platform to send notes, personalized messages, send eCards, earn points, and submit nominations at Mobile Appreciation Stations located around their hospitals. Employees at NYP hospitals now feel more appreciated, which has resulted in lower attrition.

2. Creating A Flexible Recognition Program 

Considering how innovative Bayer Canada is, the only system that could work for them would be another innovative one. Because their firm is continually expanding, they needed a more flexible recognition program to grow rather than relying solely on financial incentives. The remedy was their "You Make Life Better" program. As Bayer's varied workforce requirements increase, this system's ability to adapt. Innovativeness and excellence in work are now immediately and effectively recognized and rewarded, which has resulted in a 92% engagement rate among employees.

3. Reflecting Your Core Values In Your Recognition Program

When employees go above and above to show their values, they deserve recognition. People who believe in AGL Energy's renewable energy mission should be a part of the company's long-term success. As a result, its award program is based on its mission and core principles.

They needed to design a recognition program that supports and reinforces their principles and business goals of prospering in a carbon-constrained future and building consumer advocacy. Employees feel appreciated, and the company's values are reinforced through sharing stories of how employees embody those principles by recognizing them daily and using public recognition.

4. Building A Connection

Employees are more alienated from their employers and coworkers than ever due to years of workplace disruption and the continued use of remote work. Heritage Bank gives its employees and clients public acknowledgment to foster a sense of belonging and camaraderie between their staff and customers. Leaders and employees can show their appreciation for each other's efforts through its recognition program.

Heritage Bank's award program is designed to encourage employees and develop a sense of community, especially during difficult times. Leaders are aware of their branches' recognition and share success stories with their employees. This fosters a sense of belonging among workers, regardless of where they are physically located.

In Short:

After reviewing these employee rewards and recognition program examples, the time has come for you to re-imagine your incentive programs. Consider these employee recognition methods to help you create a thriving workplace culture of your own. With BRAVO it is possible to make a recognition program among the best in the industry. BRAVO believes that employees who feel appreciated and connected to their company are more likely to stay with the company, which is only possible if they are involved in meaningful recognition programs.

Head to our website to know more about how we can help you make your employees feel valued!

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