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Optimizing your employee recognition program

A recent study conducted by renowned research firm, The Cicero Group, produced surprising results. In looking at which parts of an employee appreciation program drive the most value, the study proved:

  • The most important element in a recognition program is NOT the formal recognition event
  • A majority of people would choose a physical award over cash
  • There are diminishing, and even negative returns to growing award menus
“When asking employees specifically what type of experience makes you feel more appreciated by your employer, the answers were clear; give us unique items that specifically reward us and don’t make us choose among a thousand items. Give us fifty to one hundred items that you believe demonstrate the value of what we did for the company” Dr. Trent Kaufman, Cicero Head Researcher
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