Trends in Employee Recognition Practices5/2/18 1 Trends in Employee Recognition Practices Alicia...
Transcript of Trends in Employee Recognition Practices5/2/18 1 Trends in Employee Recognition Practices Alicia...
5/2/18
1
Trends in Employee Recognition Practices
Alicia Jenkins, MA, CCP, GRP Lindsay Strack, MPH April 30, 2018
© 2018 WorldatWork. All rights reserved.
Survey Overview • Measured specific types of recognition programs and
the impact on the workforce • “Recognition” is defined as: “a spontaneous gesture of thanks
or a structured or planned program of recognition implemented to acknowledge employees and achieve desired performance.”
© 2018 WorldatWork. All rights reserved. 2
© 2018 WorldatWork. All rights reserved. 3
Demographics
Public sector 21%
Nonprofit/not-for-profit 18%
Private sector, publicly traded (stock ticker) 30%
Private sector,
privately held 32%
Sector
Finance and Insurance
Health Care and Social Assistance
All Other Manufacturing
Consulting, Professional
Services
Information
Industry
18% 10%
15% 14% 17% 12% 14%
<500 employees
500 to 999 1,000 to 2,499
2,500 to 4,999
5,000 to 9,999
10,000 to 19,999
20,000+ employees
Organization Size
5/2/18
2
Demographics (Cont.) of organizations track regrettable turnover
is the average regrettable turnover rate
• The average annual voluntary turnover for employees is
© 2018 WorldatWork. All rights reserved. 4
Recognition Program Prevalence
© 2018 WorldatWork. All rights reserved. 5
84%
87%
89% 89%
86%
88% 89% 89%
2002 2003 2005 2008 2011 2013 2015 2017
All or most of the same programs as
N. American employees
47% Some of their own
programs and some of the same
programs as N. American
employees 26%
Their own recognition programs
18%
A few of the same programs as N.
American employees
6%
No recognition programs
3%
Global Employees Participate in…
© 2018 WorldatWork. All rights reserved. 6
5/2/18
3
Frequently Used Programs
© 2018 WorldatWork. All rights reserved. 7
85% 77% 51% 49% 34%
Length of
Service
Above- and
Beyond Service
Programs Tied to
Business Initiatives
Peer-to-Peer
Retirement
Length of Program Usage
© 2018 WorldatWork. All rights reserved. 8
>5 Years • Retirement • Length of
service • Attendance
<12 Months • Peer-to-peer • Suggestions/
ideas • Programs to
motivate specific behaviors
1-5 Years • Programs that
improve biometric indices
• Peer-to-peer • Suggestions/
ideas
Number of Recognition Programs in Place
© 2018 WorldatWork. All rights reserved. 9
32%
42%
32% 34%
53% 50% 50% 49%
15%
7%
17% 18%
2011 2013 2015 2017
1-3
4-6
7+
5/2/18
4
Types of Recognition Programs
© 2017 WorldatWork. All rights reserved. 10
81% Company-wide 69% Individual 67% Department/Team
Recognition Program Activity
© 2018 WorldatWork. All rights reserved. 11
62% About the same as last year
34% More than last year
4% Less than last year
Award Items
© 2018 WorldatWork. All rights reserved. 12
80% 55% 45% 40% 39% Certificates or Plaques
Cash (not pay for
performance)
Gift Certificates for Product Purchases
Company Logo
Merchandise
Food Redeemable Points
25%
5/2/18
5
Strategic Alignment
• 55% have a written strategy behind their recognition programs
• 95% align with the overall organization strategy
© 2018 WorldatWork. All rights reserved. 13
Recognition Program Objectives • Recognizing years of service • Creating/maintaining a positive work environment • Creating/maintaining a culture of recognition • Motivate high performance
• of organizations feel their recognition programs are meeting these objectives.
© 2018 WorldatWork. All rights reserved. 14
Employees Recognized
3%
10%
11%
14%
17%
18%
21%
23%
25%
28%
32%
41%
Employee of the year, month, etc.
Suggestions/ideas
Retirement
Major family event
Length of service
Safety Performance
Above-and-beyond performance
Sales performance
Programs tied to business initiatives
Peer-to-Peer
Attendance
Programs that improve biometric indices
© 2018 WorldatWork. All rights reserved. 15
5/2/18
6
Measurement
© 2018 WorldatWork. All rights reserved. 16
57% 52%
43%
25%
16% 15%
5%
Employee satisfaction
surveys
Usage rates and/or
participation rates
Number of nominations
Turnover Productivity Customer surveys
Return on investment
(ROI)
Leadership Support
© 2018 WorldatWork. All rights reserved. 17
6% 7% 7% 6% 7% 6%
46% 57% 57% 54%
59% 57%
49% 36% 37% 41%
34% 37%
2005 2008 2011 2013 2015 2017
Low/no support Neutral support High level of support
Budget budget for
recognition programs • Mix of companywide vs.
department-specific
out of organizations budget between 0.1%-0.9% of payroll budget
budget 0.1%-0.3%
© 2018 WorldatWork. All rights reserved. 18
5/2/18
7
Recognition Program Styles
© 2018 WorldatWork. All rights reserved. 19
Culture of Recognition
© 2018 WorldatWork. All rights reserved. 20
13%
44%
31%
11%
Nonexistent Informal Strategic Deeply embedded
0-1 1-2 2-3 3-4
WorldatWork Case Study
© 2018 WorldatWork. All rights reserved. 21
Length of
Service
Above- and
Beyond Service
Programs Tied to
Business Initiatives
Peer-to-Peer
Retirement
5/2/18
8
Contact Us
© 2018 WorldatWork. All rights reserved.
Global Headquarters 14040 N. Northsight Blvd. Scottsdale, AZ 85260 USA
Washington, D.C., Office 1100 13th St. NW, Suite 800 Washington, D.C. 20005 USA
Telephone 877-951-9191 (United States and Canada)
+1 480-922-2020 (other countries)
Fax 480-483-8352
Email [email protected]
Website worldatwork.org
22