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New Gallup Research on How to Design Recognition Programs That Drive Business Impact

Author: 
Sarah Mulcahy
Publication date:
May 18, 2022
Article Summary: 

A new Gallup and Workhuman research report surveyed over 7,000 full-time and part-time workers in the US and more than 5,000 workers in Western Europe about their recognition experience in their professional lives. The report found that most companies are not providing a stand-out recognition experience for employees, with only 23% of employees agreeing their organization has a system in place to recognize professional milestones such as promotions and work anniversaries. The report also shows that creating a culture of recognition can save a company $16 million annually in employee turnover costs. The report suggests five pillars of recognition to help design a recognition program that's better for employees and better for your business. These pillars are fulfilling, embedded in culture, authentic, equitable, and personalized.

Keywords: 

Gallup, Workhuman, research report, recognition experience, professional lives, stand-out, employees, system, recognize, professional milestones, promotions, work anniversaries, culture of recognition, save, company, $16 million, employee turnover costs, pillars of recognition, design, better for employees, better for business, fulfilling, embedded in culture, authentic, equitable, personalized.

Source Citation: 
Sarah Mulcahy
New Gallup Research on How to Design Recognition Programs That Drive Business Impact
May 18, 2022
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