Workplace recognition is not a new concept, however, traditionally its implementation has been incongruous, inconsistent, and ineffective.

According to a whitepaper by O.C Tanner, employees who receive strong recognition are 33% more likely to proactively innovate and generate 2x as many ideas per month, compared to those who are not recognised well. Happy employees are productive and contribute more to the company’s success. 79% of workers say they work harder when recognised, according to a study by Globoforce. It's important for employees to know that their contributions are being valued by their employer. It was found in the research that fundraisers “who heard her message of gratitude made 50% more fund-raising calls than those who did not.” One group made phone calls to ask alumni donations in their usual manner, but the second group of fund-raisers were told by the director of annual giving that she was grateful for their efforts. In the study, they randomly divided university fund-raisers into two groups. Harvard Medical School’s article ‘In Praise of gratitude’ highlights the impact of recognition as found by researchers at the University of Pennsylvania. Numerous studies have substantiated the positive impact of appreciation. Researchers and psychologists have long argued that positive affirmation is a great and effective way to increase productivity and engagement.

Prashant Khandelwal, Regional Compensation and Benefits Lead, APAC, Siemens, on the impact of workplace recognition and how Siemens implemented a timely, opportune and value-based programme for employees to recognise and get recognised.

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