Rewards and Recognition Program: Benefits, Challenges, and Guidance
May 31, 2024
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Logan Mallory
Employee rewards and recognition programs explained
Rewards vs Recognition
Benefits of a rewards and recognition program
For Employees
1. Improves Workplace Relationships
2. Boost Overall Job Satisfaction
3. Increase Confidence in Company Culture
For Employers
1. Reduce Employee Turnover
2. Improve Recruitment
3. Boost Productivity
Program Challenges and How to Overcome Them
Losing Track of Spending and ROI
Relying Heavily on Top-Down Rewards and Recognition Programs
Missed Opportunities from Lack of Promotion
Lacking Employee Input or Feedback
Features of a great employee recognition program
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About the Author
Logan Mallory is the Vice President of Marketing at Motivosity. He has held roles previously at LogMeIn, Jive, and Workfront. Logan writes and speaks on leadership, culture, marketing, and HR topics. He is an adjunct professor at BYU's Marriott School of Business. Logan lives with his family in Utah, and has deep ties to Michigan, Washington, and Texas.
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