
Hundreds of employee engagement stats come out after the new year but these numbers usually tell the same story: Employees say they don’t get enough recognition from management and managers say they already give a lot of praise and don’t have time to give more. Unfortunately this is where the conversation usually ends. But here is a new number to think about this year: 5.32.
532% More Recognition Moments
Terryberry mined the employee usage data from our 360 Recognition clients and calculated exactly how impactful these programs can be. Based upon that research, our data scientists determined that each recognition moment is multiplied by (on average) a factor of 5.32. In other words, any single High-Five, Above & Beyond, 2 Years of Service or a Wellness Achievement is amplified by 5.32 unique reactions by way of applauds and comments by co-workers.
Any single recognition moment is amplified by 5.32 unique reactions as a result of applauds and comments by co-workers.
Not only does this impact the recipient of the recognition, but the social visibility in 360 Recognition means that each of those recognition moments reinforces the core values of our organization for everyone in the platform.
Get a Better Picture of Your Team’s Strengths
Managers might not be around to witness each and every employee achievement. Often fellow employees are the ones who experience their peers’ contributions first-hand. They might notice a situation when a co-worker stepped in to help in the eleventh hour. Or, they might know an employee who takes on extra tasks frequently and without complaining. By giving peers a voice to praise coworkers accomplishments, managers often gain better visibility into the strengths of individuals and their team as a whole.
Use Social Platforms to Increase Recognition Program Participation
"Let’s take this a bit further," says Terryberry's Western VP of Sales, Alex Allion. "If an organization without a social recognition platform collects 150 nominations, that’s pretty much where the recognition cycle ends. However if an interactive, mobile-enabled platform is in place those 150 recognition moments are increased to almost 800, thanks to the 5.32 accelerator. The best news is, this is achieved without any additional manager involvement!"
If your C-suite is looking for hard numbers to support investing in a platform like this, contact your Terryberry representative or check out some of our resources and whitepapers online.