10 Myths of Employee Recognition & Rewards

January 27, 2012

Recognize This! -Recognition done right advances your business objectives.

I'm honoured to have an article included in the December issue of Candian HR Reporter in which I debunk 10 recognition and reward myths.

  1. Employee recognition is best given at an annual awards show.
  2. Cash is the best reward.
  3. Employee salaries should be reward enough.
  4. Determining "how" to recognize is the first step of appreciation.
  5. Appreciation and recognition are the exclusive territory of HR.
  6. Appreciation and recognition are only for the elite.
  7. Recognition takes time and energy.
  8. Recognition is expensive.
  9. Appreciation requires tight controls.
  10. Appreciation is a soft skill with no measurable business metrics.

The bottom line:

Recognition done right is a powerful, strategic method for advancing the business objectives most critical to your organization's success. Overcoming these myths to arrive at the truth about the role employee recognition can and should play in your talent management practices will help you get there faster.

What other myths do you see in recognition practices?

 

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