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Trends in rewards and recognition programs

Employee recognition has become a more structured and unified process among businesses in the modern era, as studies continue to indicate that the current workforce is more motivated by accolades than generations past.

Employee recognition has become a more structured and unified process among businesses in the modern era, as studies continue to indicate that the current workforce is more motivated by accolades than generations past. Although even the smallest, least flashy form of recognition can come back with powerful advantages for a company, organizations have largely started to expand upon their procedures for even more beneficial outcomes. 

Employee Benefits recently listed some of the top technologies being used by businesses to boost recognition program success and efficiency through online platforms. Considering the fact that today's employees are more technology-driven and fluent than any other group in the past, leveraging Internet-based tools has been a highly effective measure for the average rewards and recognition strategy, the news provider stated.

The source affirmed that mobile and social have started to play a more central role in recognition, especially as platforms become more user-friendly and capable of reaching a larger volumes of employees. Citing comments from experts in the field, Employee Benefits noted that smartphone targeting and social recognition frameworks can simultaneously boost program involvement while expediting the delivery of relevant communications. 

According to the news provider, instant recognition is also growing in popularity, largely stimulated by the increased prevalence of millennial workers demanding immediacy more than others. This process is characterized by the utilization of instant messages and other quick tools to provide the right level of recognition to higher-performing staff members. 

At the end of the day, the most effective recognition programs will be unique to each corporate culture and set of objectives, and this can be achieved by using a qualified and experienced provider of the various services. 

Additionally, there are many myths related to recognition out there that all companies should understand. If you want to learn more about the facts and fallacies involved in modern recognition programs, click here to download our white paper. 

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