During challenging economic times, businesses often need to ask more of their employees with little to give in return in the way of bonuses and wage increases. Leaders are called upon to maintain their team’s morale and provide encouragement during difficult circumstances. Appropriate recognition for extra effort and dedication becomes more important than ever - not only to bolster flagging spirits, but as a strategic means to maintain productivity, profitability and retention of key employees.
We have all experienced the positive impact of recognition in our lives. In athletics, a word of praise from our coach vaulted us to higher levels of performance. The pursuit of a diploma made us bury our heads in our textbooks. In the workplace, recognition programs that are implemented correctly can have a significant return on investment. This presentation will demonstrate key findings on how recognition strategies impact business goals, and will provide practical strategies for implementing or enhancing a recognition initiative.
This webcast has been approved for 1.0 General credits through HRCI
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