Today's workforce has changed and the transformation is expected to continue with the growth of the millennial generation. This generation of workforce demands recognition more than ever. As a result, recognizing and rewarding employees has become an intimate part of every corporate culture. But for many companies especially for bigger ones, maintaining employee recognition programs is not easy.
According to Gallup, 65 percent of surveyed employees reported that they received no recognition over the last 12 months for their work. In the same report, 89 percent of employers feel that most employees leave their companies to earn more money. But, most workers who leave their jobs cite lack of employee recognition as a major concern.
Using digital platforms to recognize and reward employees is the answer to this problem.
Recognition for Employee Engagement
According to a recent research, not only does recognition increase employee's engagement, but multi-channel recognition leads to even higher levels of recognition. Digital platforms like wambi are the modern method for conferring recognition, but there any easy way to encourage multiple touchpoints of recognition – first from the employer, then from each employee.
Using digital platforms allow HR managers to check the relations between employee recognition and employee engagement.
Digital platforms to ease the pressure of employee recognition and engagement
Today, most companies face massive employee disengagement, resulting in part from a mismatch between the processes in place and the expectations of employees. As mentioned earlier, employees nowadays expect to be recognized and rewarded for their effort. Companies must choose the digital platforms to keep track of their performance and reward programs. In recent years, digitization has profoundly transformed the way companies operate. But in all digital transformation projects, the human component is the key to success. From this point of view, digitization represents a unique opportunity for employee recognition and engagement programs to reinvent themselves in a simpler and more organized way.