PPB July 2020

Why Employee Recognition Matters • Incentives, such as promotional products, improve performance by an average of 22 percent. • Team incentives boost performance as much as 44 percent. • When businesses use incentives to promote smarter thinking, performance improves 26 percent. • Sales increase 26 percent when recognition programs use merchandise over cash. • The longer the recognition program, the better. Programs that run a year or longer increase performance by 44 percent. Source: Incentive Federation Recognizing Remote Workers Talk to your clients about ways to engage their remote workers. Employees who work from home are more likely to become disengaged and resign compared to their in-office counterparts. According to the Global Work Connectivity Study, only five percent of remote workers say they always or very often see themselves working at their company for their entire careers compared to 28 percent who never work remote. Sources: Future Workplace and Virgin Pulse Reasons Employees Want To Be Celebrated Success: 40% Knowledge or expertise: 24% Effort: 20% Living core values: 16% Source: Deloitte Knowledge or expertise Effort Living core values Success Room For Improvement Most employees (82 percent) say they don’t feel their supervisors recognize them enough for their contributions. According to a survey, workers reported an average of 50 days since they last felt recognized. Don’t let hard work go unnoticed. Talk to your clients about how they can use promotional items to celebrate their team’s wins—big and small. Source: OGO How Do Companies Celebrate Their Workers? • The average organization uses eight recognition programs, some are length of service (72 percent), exceptional performance (62 percent), customer service (34 percent), productivity (27 percent) and quality (27 percent). • The most common forms of employee recognition are gifts cards (62 percent) followed by clocks and watches (49 percent). • Nearly one in five organizations (18 percent) give employee-of-the-month awards. Sources: Maritz and World at Work Just Say Thank s All most employees need is a simple “thank you.” According to Deloitte, 85 percent of professionals appreciate when someone notices their work. When it comes to who says thanks, 37 percent of professionals say they want to be recognized by leaders above their direct supervisors, while 32 percent prefer recognition from their bosses. Skeleton Icon / Grapict Studio / Gonzalo Aragon / Shutterstock.com | JULY 2020 | 39 GROW