{"id":78746,"date":"2021-09-03T13:14:11","date_gmt":"2021-09-03T20:14:11","guid":{"rendered":"https:\/\/www.betterworks.com\/?p=78746"},"modified":"2023-11-15T04:53:43","modified_gmt":"2023-11-15T12:53:43","slug":"employee-recognition-ideas-to-drive-better-goal-alignment","status":"publish","type":"post","link":"https:\/\/www.betterworks.com\/magazine\/employee-recognition-ideas-to-drive-better-goal-alignment\/","title":{"rendered":"Employee Recognition Ideas to Drive Better Goal Alignment"},"content":{"rendered":"\n<p>Most people associate total rewards with compensation and benefits. These are crucial pieces of your rewards strategy, but they shouldn\u2019t be the sum total.&nbsp;<\/p>\n\n\n\n<p>Providing recognition and rewards to acknowledge great performance fuels an employee\u2019s investment in their goals on a more personal level. In fact, one study found that personal recognition is <a href=\"https:\/\/www.greatplacetowork.com\/resources\/blog\/creating-a-culture-of-recognition\" target=\"_blank\" rel=\"noreferrer noopener\">the most important driver of great work<\/a>. What employee recognition ideas will have the most significant impact on your organization\u2019s performance?<\/p>\n\n\n\n<p>Tiered recognition and rewards signal the value you place on specific achievements. Achieving a larger or more strategic goal might earn a bigger bonus, for example. A clear, intentional rewards infrastructure connects employees to their purpose and helps them prioritize their goals.<\/p>\n\n\n\n<p>Here are some employee recognition ideas to improve goal alignment at your organization.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-intentional-recognition-supports-goal-clarity\">Intentional Recognition Supports Goal Clarity<\/h2>\n\n\n\n<p>Recognition, or personalized employee appreciation, could be verbal praise at the monthly all-hands meeting or a feature on the company\u2019s careers site. This type of recognition is low-cost and can help employees achieve their goals.&nbsp;<\/p>\n\n\n\n<p>Be sure managers ask employees about their specific preferences for public recognition beforehand, though. Not everyone appreciates public acknowledgment, so that prospect may not incentivize employees to achieve their goals.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gallup.com\/workplace\/236441\/employee-recognition-low-cost-high-impact.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Recognition from the CEO<\/a> or a high-level leader is among the most meaningful and memorable for employees. A creative way to drive that recognition home is to give employees opportunities to earn lunch or coffee with a company leader.<\/p>\n\n\n\n<p>Tangible rewards could include earning additional time off, reimbursement for dinner and a movie, or a local attraction experience. These typically have some monetary value attached to them. Lean towards giving employees experiences over cash, since most employees will put cash rewards towards bills or family needs rather than themselves. Offer several <a href=\"https:\/\/www.betterworks.com\/5-best-practices-for-employee-recognition\/\" target=\"_blank\" rel=\"noreferrer noopener\">employee recognition ideas<\/a> employees can choose from rather than deciding for them.<\/p>\n\n\n\n<p>When employees can see the specific rewards attached to their performance goals, it\u2019ll drive home what their managers expect from their performance. To deliver that level of goal clarity, and an effective staff recognition program requires a transparent infrastructure. Each employee should know their goals and what they need to prioritize in their daily tasks to achieve them.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-employee-recognition-ideas-to-boost-engagement\">Employee Recognition Ideas to Boost Engagement<\/h2>\n\n\n\n<p>The more you incorporate recognition into your performance management system, the more you signal to employees that their work is valuable to the organization. That reinforces strategic organizational priorities on the individual level. When employees see that you\u2019re offering a tangible reward for achieving their goals, they\u2019ll feel a greater sense of purpose.<\/p>\n\n\n\n<p>That sense of purpose is crucial to effective goal alignment. Verbal recognition or public recognition on a kudos board are good options for an informal recognition program. Hearing from colleagues is incredibly effective, especially in a distributed work environment. Thanks from colleagues drive home the sense that the individual employee\u2019s work is part of something bigger than themselves.<\/p>\n\n\n\n<p>Be sure to build a company recognition program that\u2019s fair and accessible across the organization. Each employee should have an opportunity to work towards bigger goals, which qualify for more significant rewards. Set parameters for quarterly goal-setting so that managers help employees set one aspirational goal per quarter. <a href=\"https:\/\/www.betterworks.com\/the-best-employee-engagement-software-every-hr-leader-should-use\/\" target=\"_blank\" rel=\"noreferrer noopener\">Employee engagement software<\/a> can help you set expectations for recognition and reward tiers.<\/p>\n\n\n\n<p>When employees are rewarded for driving results at different levels, they\u2019ll feel more connected to the organization\u2019s strategic priorities. They\u2019re more likely to be engaged with their work. Recognition fuels engagement by giving employees something specific to work toward. Associating their reward with strategic results only makes it more meaningful and supports increased motivation.<\/p>\n\n\n\n<p>Employees who feel connected to the company\u2019s purpose, valued for what they do, and engaged in their work will be more productive than employees who don\u2019t have that sense of connection.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-managing-an-employee-recognition-program\">Managing an Employee Recognition Program<\/h2>\n\n\n\n<p>A clear rewards infrastructure aligned to your organizational priorities supports easier administration. Managers should know when they can authorize rewards and have the discretion to administer them. Set a designated budget for each manager to allot rewards to their teams.&nbsp;<\/p>\n\n\n\n<p>There are tax implications to running a recognition and rewards program. Depending on the value of the rewards earned, employees may bear the tax burden on their paycheck. <a href=\"https:\/\/www.irs.gov\/government-entities\/federal-state-local-governments\/de-minimis-fringe-benefits\" target=\"_blank\" rel=\"noreferrer noopener\">De minimis fringe benefits<\/a> are excluded from taxation, but what classifies can vary. In one case, the IRS ruled that a reward with value in excess of $100 can\u2019t be classified as a de minimis fringe benefit, setting a general precedent. Achievement awards for length of service or safety are typically excluded from taxation, but performance-based rewards are not.<\/p>\n\n\n\n<p>If you want to offer more significant rewards without passing the tax burden on to employees, which minimizes the reward\u2019s value, consider <a href=\"https:\/\/www.blueboard.com\/blog\/how-to-calculate-taxes-on-blueboard-employee-rewards-whats-the-411\" target=\"_blank\" rel=\"noreferrer noopener\">adding the cost of taxation to the employee\u2019s next paycheck<\/a>. Most payroll administration systems enable HR teams to make this adjustment reasonably easily.<\/p>\n\n\n\n<p>Not all employee recognition ideas cost money, though \u2014 recognition in a public company forum like your employee newsletter or a kudos board where employees can leave messages of praise for colleagues can often be more meaningful than something monetary.&nbsp;<\/p>\n\n\n\n<p>You can also use gamification to allow employees to accrue points over time. They can redeem points earned every quarter, for example, for a larger gift with monetary value at the end of the year. By consolidating rewards distribution at the end of the year, you can reduce administrative burdens.<\/p>\n\n\n\n<p>Investing in employee engagement software allows you to automate much of the reward distribution process. Integrating employee recognition software with your engagement and goal alignment software solidifies the connection between people, performance, and rewards.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-employee-recognition-ideas-for-remote-work\">Employee Recognition Ideas for Remote Work<\/h2>\n\n\n\n<p>When employees aren\u2019t altogether, it\u2019s even more critical for your recognition program to be intentional. In a remote or hybrid environment, it\u2019s easy for employees that get more exposure to managers and leaders to receive higher recognition \u2014 even if they\u2019re performing on par with their peers.<\/p>\n\n\n\n<p>Laying out a transparent infrastructure for what goals earn rewards and recognition is vital for a fair rewards program in a digital work environment. Robust processes minimize the occurrence of bias in rewards distribution.&nbsp;<\/p>\n\n\n\n<p>Remote and hybrid work also affect the types of rewards you give out. It\u2019s essential to give employees several choices to decide which is the best fit for where they are, both geographically and personally. Perhaps you want to offer your remote workers a physical and personalized gift after a job well done. Or, if you&#8217;re more interested in\u00a0<a href=\"https:\/\/snacknation.com\/blog\/employee-gift-cards\/\" target=\"_blank\" rel=\"noreferrer noopener\">maximizing morale with gift cards<\/a>\u00a0that are sent directly to your employee\u2019s email, that works, too. Both options are acceptable but have to suit the occasion.<\/p>\n\n\n\n<p>Develop some remote-friendly team recognition options, too. It may not be possible to bring everyone together for a team party, for instance. But managers can authorize custom picnic baskets for each of their team members so they can share a virtual picnic experience, no matter where they\u2019re located.<\/p>\n\n\n\n<p>An effective employee recognition and reward program <a href=\"https:\/\/www.betterworks.com\/performance-objectives\/\" target=\"_blank\" rel=\"noreferrer noopener\">fuels performance.<\/a> Build systems of employee appreciation into your daily routine, so that employees come to their work feeling valued and full of purpose.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employee recognition is a key success driver. Here are some ideas for fueling it in your orgnizatiuons.<\/p>\n","protected":false},"author":44,"featured_media":78747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[236,3307],"tags":[],"featured_location":[3311],"industry":[],"class_list":["post-78746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employee-engagement","category-performance-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Employee Recognition Ideas to Drive Better Goal Alignment - Betterworks<\/title>\n<meta name=\"description\" content=\"Recognizing and rewarding good performance is key when building a great team. 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