driving a culture of employee recognition -...

27
© AberdeenGroup 2011 Madeline Laurano Research Director, Human Capital Management December 10, 2013 Driving a Culture of Employee Recognition

Upload: lemien

Post on 06-Jul-2018

218 views

Category:

Documents


0 download

TRANSCRIPT

© AberdeenGroup 2011

Madeline LauranoResearch Director,

Human Capital ManagementDecember 10, 2013

Driving a Culture of Employee Recognition

© AberdeenGroup 2011 2

Webinar cohosts

Madeline LauranoResearch Director, Talent Acquisition Solutions, Aberdeen

Derek IrvineVice President, Client Strategy & Consulting, Globoforce

© AberdeenGroup 2011 3

Building Your Winning Culture of Recognition

© AberdeenGroup 2011 4

© AberdeenGroup 2011 5

Aberdeen Maturity Class Framework

What you need to do to become Best-in-Class What processes you

should have in place What you need to

measure Organizational changes

you might want to make Data / Knowledge

management considerations

Technologies you should evaluate

Best-in-Class

Industry Average

Laggard

P A C E

© AberdeenGroup 2011 6

Drawn from our World Class Research

Studying hundreds of organizations and their strategies

Covering a wide variety of industries and geographies

© AberdeenGroup 2011 7

Our Agenda

Current State of Employee Recognition

Impact on Employee Engagement

Key Trends in RecognitionSocial RecognitionAnalyticsSelecting the Right

Provider

© AberdeenGroup 2011 8

© AberdeenGroup 2011 9

Top Pressures

© AberdeenGroup 2011 10

Four Trends Impacting Today’s Workforce

© AberdeenGroup 2011 11

Do You Have a Formal Recognition Program?

© AberdeenGroup 2011 12

Barriers to Employee Recognition

© AberdeenGroup 2011 13

Employee Recognition Drives Engagement

95% of organizations stated that they believe rewards and recognition programs improve employee engagement

© AberdeenGroup 2011 14

The Greatest Impact on Engagement

© AberdeenGroup 2011 15

Fast Facts

50% of Organizations say HR is responsible for Employee Engagement

27% say the Lines of Business Managers are responsible

© AberdeenGroup 2011 16

Fast Facts

62% of Organizations are able to link organizational profitability to employee

engagement.

© AberdeenGroup 2011 17

Yet…

Only 42% of Employees Are More Engaged

© AberdeenGroup 2011 18

Key Trends to Employee Recognition

Rewards vs. Recognition Contingent Labor Strong Communication Company Culture Gamification The Power of Social Recognition Analytics The Role of Technology

© AberdeenGroup 2011 19

Rewards vs. Recognition

© AberdeenGroup 2011 20

Flexible Workforce Matters

© AberdeenGroup 2011 21

Gamification

TASK-BASED BEHAVIOR-BASED

© AberdeenGroup 2011 22

Social Recognition

© AberdeenGroup 2011 23

Analytics

© AberdeenGroup 2011 24

Fast Facts

60% of Organizations Have a Budget for Recognition

32% say their budget has increased this year

© AberdeenGroup 2011 25

Key Recommendations

Gain Executive Support

Communicate Your Recognition Strategy

Measure the Effectiveness

Invest in the Right Providers

© AberdeenGroup 2011 26

Key Criteria for Vendor Selection

© AberdeenGroup 2011 27

Thanks for your interest in our research!

Madeline LauranoResearch [email protected] 617-854-5304

Globoforcewww.globoforce.com888-743-6723 @globoforce