Rewards and recognition 2.0: What does it comprise of?

1. Title - Rewards and recognition 2.0: What does it compriseof? No one prefers to work in a place where there is only duty and no recognition for all of one's achievements. Employees' performance and devotion to the organization are valued by the firm, as seen by theirrecognition. A well-executed employee recognition programhas the potential to influence several areas of a company's operations, including engagement, turnover, profitability, enthusiasm, and mission. Employee appreciation programs that are non-existent, unintuitive, or poorly handled might have the opposite impact, lowering motivation and even driving away goodstaff. Traditional approaches made it impossible to embed business values in the whole workforce in a consistent and ongoing manner. Traditional systems of reward and recognition, such as generic awards or restricted appreciation, have severalflaws. To make Reward and Recognitioneasier, there are some things to know and follow, like knowing your employees, building peer to peer recognition program, Fix the criteria of winning and personalize it. You can also use some tricks like Gift of Gratitude, Short Holiday packages, Wall of Fame and Acknowledge Non-Work Achievements to appreciate and reward youremployees. Keywords: rewards and recognition, rewards and recognition program, r&r platform, employee recognition program, rewards and recognitionplatform,