motivate europe live: making recognition and experience
Post on 10-Aug-2015
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Making Recognitionan Experience
Quick hello
Saul MeyerDirector
XexecEmployee Benefitsand Recognitionsince 2000
Do your staff care?
Not engaged
24%
63%
Actively disengaged
85%+
Decision to stay or leave within 6 months
At 5years
Many consideringa new start
How to improve engagement
Bonuses?Long Service?Salary Sacrifice?Discounts?Nice managers?Bean bags?Recognition?
What works best?
Recognition
of employers believe recognition programes have a positive effect
decrease in average turnover rate
82%
22%
A talking point
Making benefits fun, an experience – a talking point
Not just a tool
From simple programmes...
Bulk orders/fulfilmentVouchers
...to e-code redemptions...
Sent to staff and redeemed on bespoke portal
E-codes
...to ‘all bells & whistles’
Full automation
Easy to use Web-based Fully-hosted Fully audited
Make it bespoke
What behaviours?
For anytime anyonewants to give anything to anyone outside of payroll
A single interface
What behaviours? Long Service Recognition Team awards and events Core values Birthdays Maternity Project completions Training completions Sales performance Customer Service Staff idea/suggestions
Client introduction Leaver goodbye gift Wellbeing initiatives Completion of training or
surveys Recommend a friend for
job vacancy New starter welcome gift Fun Christmas Party
awards
Meaningful rewards
Choice: Experience days, electronics, retail vouchers, jewellery, spa treats, wine, flowers, chocolates, travel, theatre tickets, donating to charity…
Non-financial awards
Bespoke e-cards or printed cards and certificates
Promoting core values
Using MI reports to assess core value familiarity
Incorporating milestones
Celebratingpeople, friends, pride,
memories, photos, stories...
Over 85% of new hires make their decision to
stay or leave within the first
6 months
At 5 years, many
consider a new start
How long is long?
Social recognition
Gamification, badges, ‘Likes’, progress bars...
Celebrating success
Winners Wall, message colleagues
Best principles
Part of a broader programme Bespoke Quality over quantity Frequent and instant awards Core values Award choice Celebrate with social recognition Good communications Good MI Multiple award programmes in one interface
Thank you
Saul Meyer www.xexec.com 0208 201 6483
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