04/27/2012 1:30 pm - 2:30 pm
If Metrics are so Important, Why isn’t Everyone Doing it?
(Terryberry )Is your recognition program having the desired impact? Are you able to produce credible data and/or evidence that your recognition initiative impacts your bottom line?
Join Greg Butterfield
, Terryberry’s Senior Partner and Recognition University Coach to learn the best practices for determining the value of recognition
in your organization. This webcast provides tips for practical application and serves as a road map to guide your recognition and training efforts for years to come. There will be opportunities for you to get involved and be recognized with awards
along the way!
Is your recognition program aligned with the characteristics that your organization values most? Are you honoring the A
ehaviors and C
ontributions that make a difference where you work? All credible recognition programs must provide measureable, positive business impact. However, the benefits most often associated with recognition, such as engagement and employee/customer satisfaction are intangible assets, which can be difficult to quantify. Furthermore, the cost of traditionally accepted measures, such as formal ROI studies, can easily exceed the budget of the program it is designed to measure!
Learn what other strategies
you can use to evaluate the impact of your recognition efforts besides ROI. Find out how you can connect with your employees, especially Generation Y, on a deeper level to increase retention rates and avoid recognition program failure.
Learn that there is a linear connection
between recognition and profitability. Targeting employee recognition in your organization and building employee engagement can have a positive effect on improving employee/ customer satisfaction. These steps will lead to an increased bottom-line profitability for years to come.