Culture is the soul of your organisation. According to Gallup, 'Up to 84% of the value of an S&P 500 company rests in the talents, skills, knowledge, work ethic and even the health of employees.' But as people remain stressed in the face of economic uncertainty, how do you foster a strong company culture that reinforces values and inspires engagement?
Tom McMullen, senior client partner and total rewards expertise leader at Korn Ferry (a Workhuman® customer), says reward and recognition is one of the most important cultural reinforcement tools. Without it, 'the organisation and its employees are likely to have a skeptical view of the relevance and urgency' of change management initiatives, such as innovation, agility and inclusion. Further, when employees strongly agree that recognition is an important part of their organisation’s culture, they are 3.8x as likely to strongly agree they feel connected to that culture.
That makes recognition the rock-solid foundation of a winning company culture – and good financial sense, too.
Here are some tools and insights you can use to make informed, data-driven decisions about the business rationale for a strategic investment in recognition as a flexible and potent tool to shape and reinforce workplace culture, including real customer stories and a sample formula for building the business case.
3 Ways Recognition Combats Economic Uncertainty (EMEA)
During economic uncertainty, reinforce values and inspire engagement with employee recognition. Use insights from Korn Ferry and data from Gallup to build the business case for a strategic investment in recognition.
6 Steps to Cultivate People First Culture (EMEA)
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5 New Ideas to Extend DEI Beyond a One-Time Training (EMEA)
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4 Ways to Build a Connected Work Culture (EMEA)
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4 Keys to Building Today’s Human Workplace (EMEA)
Based on findings from a Workhuman® iQ survey, this guide provides proof points and practical advice for HR and business leaders to create magnetic, human-centred work cultures that boost engagement, performance and retention.
6 Reasons to Choose Workhuman (EMEA)
Here are 6 reasons to choose Workhuman as your best-in-class recognition provider.
5 Ways Leaders Can Amplify Employee Wellbeing With Recognition (EMEA)
This e-book highlights the power wellbeing can have on the emotional and professional lives of employees. Discover 5 ways to amplify wellbeing with recognition today.
4 Reasons Why Employee Recognition is Vital (EMEA)
Here are 4 ways to build a sustainable and far-reaching culture of connection at work.
6 Ways Recognition Drives Impact (EMEA)
Find 6 ways employee recognition drives business impact that will take your organisation to the next level.