Employee engagement is of little value without a company’s courteous efforts to recognize the achievements of the workforce. Often, the HR professionals face flak from their employers in the event of the culture and values of the organization suffering a setback. It is, therefore, imperative for today’s organizations to explore innovative ways to attract, motivate, and retain the workforce. And this capability can be achieved by leveraging an employee recognition solution. With the advent of cutting-edge technologies, employee recognition is no longer restricted to a top-down approach. Brands can leverage technology-enabled platforms at every state of the organizational hierarchy to recognize hard-working and dedicated employees.
In response to growing dynamism in the HR expanse, solution providers are undertaking innovative approaches to build solutions that are focused on benefits, compensation, and work-life harmony. These solutions go a long way in assisting HR managers to formulate strategies to attract and retain the productive employees. Be it offering certification courses, crafting comprehensive educational programs or strengthening the community, an employee recognition solution makes the job of HR workforce easier in achieving better results. Wellness programs, on the other hand, are gaining momentum in the heat of the growing concern for living a healthy lifestyle. Today’s workforce look beyond money and power entrusted to them. What was once just an additional benefit, wellness programs—in conjunction with bespoke dietary programs customized to each employee—have transformed into an essential element of the package. Such an initiative improves business productivity and mitigates the overall health costs.
Employees feel encouraged and motivated when they receive “Thank you” note from their employer. As most enterprises hand out a generic award to each employee, it makes much more sense to them when their bosses recognize their specific achievements. While it becomes extremely cumbersome to carefully look at each employee’s history of achievements, deploying an employee recognition solution will benefit the small and large companies in keeping track of their achievements. Moreover, HR departments are also looking at offering experiences differently, especially when it comes to tackling stress in the office. For instance, bundling sabbatical and wellness benefits in a single package can help a great deal in improving employee experience.
Responding to the demand of robust human capital management solutions, many HR solutions providers are continuously building new capabilities with state-of-the-art technologies such as artificial intelligence, machine learning, virtual reality and chatbots. The influx of technologies improves employee experience and operational efficiency. To help enterprises find the list of employee recognition solutions providers, a distinguished selection panel comprising of CEOs, CIOs, VCs, industry analysts, and the HR Tech Outlook’s editorial board has selected a list of top 10 employee recognition solution providers that offer innovative strategies and programs.
We present to you HR Tech Outlook’s “Top 10 Employee Recognition Solution Providers 2019.”