Stacey C. Cunningham
In an incredible success story, one of our healthcare clients witnessed a remarkable 56% surge in reward and recognition within their organization. Through our transformative Culture of Excellence and Innovation program, they identified a critical opportunity to tackle retention issues and enhance engagement by addressing the under-utilization of their existing reward and recognition platform.
The Impact of Recognition:
Research conducted by Gallup has consistently shown that organizations with robust recognition programs experience a staggering 31% lower turnover rate. These organizations understand the significance of recognition and reward in fostering a culture of engagement and commitment. Furthermore, engaged workforces within such organizations demonstrate a remarkable 20% increase in productivity compared to their disengaged counterparts...
The Accountability Challenge:
While most leaders understand the importance of rewarding and recognizing their employees, the real question lies in who holds them accountable for consistent recognition. Although simple acts like notes, emails, or occasional gatherings are encouraged, they often fall short due to a lack of accountability for the consistency of their utilization. Leaving this crucial aspect unattended means missing out on a simple yet immensely impactful technique for driving employee engagement.
Driving Change: Lessons from Culture of Excellence & Innovation
Our Culture of Excellence & Innovation program equips organizations with the tools and strategies needed to sustain a great culture. One key approach adopted by our successful healthcare client was integrating training on available tools for rewards and recognition, ensuring staff members were aware and empowered to utilize them effectively. Moreover, they implemented measures to sustain awareness and accountability, including regular follow-ups and creating opportunities for peer-to-peer recognition.
Discover the Possibilities:
If you're eager to learn more about how our Culture of Excellence and Innovation program can drive engagement, ownership, and accountability within your organization, we invite you to contact us today.
Together, let's unlock the potential of reward and recognition to unleash a thriving and engaged workforce.