Online Webinar  – Recorded February 18th, 2016
Activity Type: Education – Online or Digital Media 1 PDU – Free
Provider: Human Capital Institute

Does Your Reward System Produce Results?

There is a $46 billion market for employee recognition and companies spend between 1-2% of their payroll on it.

With all the benefits experienced for these reward systems (such as, increased engagement, performance, and lower turnover), managers see them as an investment rather than an expense.

However, a rewards program that does not produce these benefits and align to the key performance indicators of an organization will be a waste of time and money and de-motivate employees.

Programs can fail or not produce desired results for many reasons such as:

  • Rewards are not personalized or meaningful to employees,
  • Rewards are not administered in a timely manner,
  • The program guidelines and rules are too complex,
  • Managers and peers are too busy to participate, or
  • Programs are not evaluated against organizational KPIs.

What are the greatest challenges for rewards and recognition programs and how can organizations ensure success?

With this research conducted in partnership between the Human Capital Institute and GC Incentives, we discover the new and effective ways employers are rewarding and recognizing employees’ performance.

From survey data and interviews with practitioners and thought leaders, Rick and Jenna will answer the following research questions:

  • What are the rewards and recognition practices organizations have in place?
    • What are their plans for their future use?
    • For what length of time are programs implemented?
    • What behaviors are they incentivize? Who is responsible for identifying and rewarding desired behaviors?
    • What resources (time and money) are spent on programs?
  • What roles do these programs play in the performance management and engagement strategies of organizations?
  • How successful are these programs at addressing the KPIs and organizational objectives?
  • What are the challenges experienced in getting buy-in, setting up/identifying KPIs, implementing and communicating the program, and measuring outcomes? What stages are the most difficult and how do organizations overcome these barriers?

Join Rick Buer, (LinkedIn profile) CEO & President at and Jenna Filipkowski (LinkedIn profile) Director of Research, Human Capital Institute, in this research webcast as they reveal results from the study and take questions from the audience.

Note: SHRM has pre-approved this webcast for 1 Professional Development Credits (PDCs) towards SHRM-CP℠ or SHRM-SCP℠ Certifications.

Click to register for:
Rewarding Simply:
Recognize Incentive Program Complexities

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