Recognize This! – Increasing concerns around risks raised through reward practices now include employee engagement near the top.
The Chartered Institute of Personnel and Development (CIPD – similar to SHRM in the US) recently released research on Reward Risks. Considering the workplace environment, state of retention and recruiting, these were the top two concerns reported by reward professionals:
1. Employees don’t appreciate the value of total reward offering
2. Reward not engaging employees
“Rewards engaging employees” has moved up to the second slot from seventh place in 2011. That could have something to do with the impact of the UK’s Employee Engagement Task Force raising the visibility of engagement as well as offering tools and resources for engagement improvement (and more knowledge on how rewards should align to help address engagement).