Presented By:- Deepak Agarwal

Employee Engagement through Rewards & Recognition“the Magic Motivator that many

Managers Overlook!”

Definition Employee engagement is the level of commitment and involvement

an employee has towards their organization and its values.

Role of an Employee when he is engaged:1. Job holder role – employees come to work and do the job that is

listed in their job description.2. Team member role – employees go “above and beyond” to help

members of their team work toward common goals.3. Entrepreneur role – employees come up with new ideas and

processes and try to get those ideas implemented.4. Career role – employees do things to enhance their career in the

organization; they learn, they adapt new skills, and more.5. Organization member role – employees do things that promote

and help the company even if it’s not part of their jobs or their team’s duties.

Employee Engagement

Do recognition programs influence employee attitudes?

Do recognition programs change employee performance?

Do recognition programs impact the company’s bottom line?

What makes a good employee recognition program?

Questions about Recognition

• Service/Anniversary awards• Performance awards• Spot awards for good citizenship behaviors• Safety • Sales performance • Suggestions & ideas • Attendance • Employee of the month/year awards• Retirement awards.

What types of employee recognition awards are there?

• In a staff meeting• During a performance review• In a public gathering, e.g. banquet• Wall of Fame • Mass media, e.g. newsletter• Spontaneous comments: supervisors or

peers• Mail, e.g. email or written notes.

When and How are Awards Given

Certificates or plaquesGift cardsPersonal praise and commendationPraise in publicMoneyMerchandiseTravel and vacations.

What Awards are Given?

Increase employee retention and reduce turnover

Increase employee loyaltyMake a statement about what’s important to

the companyBuild self esteem, reinforce desired behaviors,

create an atmosphere of appreciation and trust

Quality, continuous improvement and effective organizational change

“Bottom-line” concerns- increasing profitability and sales- are secondary.

Why do companies use Employee Recognition programs?

Recognition Tools

Recognition Boards

Thank you card

Lunches or after work events

Family days

Recognition Tools

Go – Look – See – Say Thank you !

Team meetings / briefs

Newsletters & Magazines

Team Awards

Divided equally among team members.

Divided proportionally to contribution determined by management.

Divided proportionally to contribution determined by the team.

Team Awards

Mr. Sandeep Banerjee, Managing Director & CEO Edenred - India said, "Companies have realized that increased compensation or monetary incentives are no longer the critical differentiator. Organizations are engaging and retaining their key talent with their innovative and structured Rewards & Recognition programs. The companies featured as ‘India's Best Companies for Rewards and Recognition' are committed and have succeeded in their rewards and recognition practices. They have gone beyond the HR process and have considered this as a key business strategy to motivate, retain and engage their talent.”

Source: http://www.eventfaqs.com/eventfaqs/wcms/en/home/pressrelease/INDIA-S-BEST-COMPANIES-FOR-REW

Speaker's view on Reward and Recognition Program in an Organization

1. TPG Software 2. Intuit Technologies Services3. American Express 4. Intel Technology5. Qualcomm6. Music Broadcast7. Reliance Commercial Finance8. SAP Labs9. JM Financial Services10. Aditi Technologies

Source: http://www.eventfaqs.com/eventfaqs/wcms/en/home/pressrelease/INDIA-S-BEST-COMPANIES-FOR-REW

Mumbai, 28th April 2012: Edenred, International leaders and India's foremost organization in work-life benefits, rewards and loyalty solutions and Great Place To Work Institute announced its first ever list of 'India's Best Companies for Rewards and Recognition' at a gala awards ceremony held in Mumbai.

Questions?