While Service Awards are the foundation of a strong recognition program, performance improvement strategies are where most of your ROI resides. A well structured and consistently managed Performance Management component within an integrated and comprehensive Recognition & Incentive Strategy empowers your team to excel and reach their full potential. The best part is that they are often easy to measure and track so you can compare with benchmark data to show significant financial returns over time.
These programs provide the tools and motivation needed to enhance goal attainment, productivity and effectiveness while paying for the cost of your program and more. We’ve seen returns as high at 23:1 in some cases, but even if a program returns just enough to cover your cost it still brings with it reduced turnover, higher morale, better engagement and many other subtle benefits that save you money and pay dividends for years to come.
