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Employee recognition remains one of the most effective ways to boost engagement, morale and retention. However, as today’s workforce spans five generations, from Traditionalists to Gen Z, organizations are realizing that a one-size-fits-all approach is no longer effective. Each generation brings different values, expectations and styles of communication to the workplace, including how they prefer to be recognized.

If you’re responsible for driving employee engagement and performance, you already know that recognition is a powerful tool. But how do you build a recognition budget that’s impactful and aligned with your company’s overall strategy? Our eBook, Best Practices for Building Employee Recognition Budgets, dives into that question, and offers a practical roadmap to help you build a recognition program that delivers measurable results.

Although the COVID-19 pandemic created a crisis for all organizations to navigate, nowhere was this more apparent than in healthcare. Frontline healthcare workers were asked to perform heroic acts of selflessness to protect and save the lives of others. Often, they needed to do this without the necessary supplies and equipment to protect themselves.

Recognition, in its simplest form, is acknowledging or rewarding someone for their efforts and achievements. Over the past decade, how employers and employees’ approach and value recognition has significantly changed, driven by cultural shifts, technological advancements, and evolving workplace dynamics.