Making Recognitionan Experience

Quick hello

Saul MeyerDirector

XexecEmployee Benefitsand Recognitionsince 2000

Do your staff care?

Not engaged

24%

63%

Actively disengaged

85%+

Decision to stay or leave within 6 months

At 5years

Many consideringa new start

How to improve engagement

Bonuses?Long Service?Salary Sacrifice?Discounts?Nice managers?Bean bags?Recognition?

What works best?

Recognition

of employers believe recognition programes have a positive effect

decrease in average turnover rate

82%

22%

A talking point

Making benefits fun, an experience – a talking point

Not just a tool

From simple programmes...

Bulk orders/fulfilmentVouchers

...to e-code redemptions...

Sent to staff and redeemed on bespoke portal

E-codes

...to ‘all bells & whistles’

Full automation

Easy to use Web-based Fully-hosted Fully audited

Make it bespoke

What behaviours?

For anytime anyonewants to give anything to anyone outside of payroll

A single interface

What behaviours? Long Service Recognition Team awards and events Core values Birthdays Maternity Project completions Training completions Sales performance Customer Service Staff idea/suggestions

Client introduction Leaver goodbye gift Wellbeing initiatives Completion of training or

surveys Recommend a friend for

job vacancy New starter welcome gift Fun Christmas Party

awards

Meaningful rewards

Choice: Experience days, electronics, retail vouchers, jewellery, spa treats, wine, flowers, chocolates, travel, theatre tickets, donating to charity…

Non-financial awards

Bespoke e-cards or printed cards and certificates

Promoting core values

Using MI reports to assess core value familiarity

Incorporating milestones

Celebratingpeople, friends, pride,

memories, photos, stories...

Over 85% of new hires make their decision to

stay or leave within the first

6 months

At 5 years, many

consider a new start

How long is long?

Social recognition

Gamification, badges, ‘Likes’, progress bars...

Celebrating success

Winners Wall, message colleagues

Best principles

Part of a broader programme Bespoke Quality over quantity Frequent and instant awards Core values Award choice Celebrate with social recognition Good communications Good MI Multiple award programmes in one interface

Thank you

Saul Meyer www.xexec.com 0208 201 6483