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What Drives Employees To Perform? Part 4
Posted by Insightlink on 04/14/16
As our 10-part series continues, Robert Gray, President of Insightlink Communications identifies the 5th top driver of employee engagement according to Survey of the American Workforce, a recently completed national survey conducted annually by Insightlink.
Enjoying what you do was found to be the number one driver and the single most important motivator of job satisfaction in the US today. The 5th most important driver is Reward and Recognition and this it turns out, is the one nearly every employer blows. Fewer than four-in-ten employees give employers high marks for reward and recognition.
Still, a number of employers understand the importance of awards and incentives that highlight, validate and value outstanding work. Such programs keep employees motivated and are effective methods of reinforcing corporate expectations and objectives. To this end, research suggests that formally recognizing between 5 percent and 8 percent of a workforce every week is the tipping point between a forgettable recognition program and one that becomes strategic to the organization.
Effective programs include:
A successful reward and recognition program includes senior management commitment, clearly defined goals, effective promotion with consistent communications, appropriate incentives and rewards based on employees wants, needs and demographics and keeping current with industry trends and applicable tax laws and regulations.
Where does your company stand on each of the critical "4Cs" of employee engagement and satisfaction?
How many of each do you have?
AboutInsightlink Communications are experts in employee survey design, data collection and analysis. Since 2001 we've helped companies of all sizes measure and improve their employee satisfaction and engagement.
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