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More than just rewards

Date post: 23-Jul-2015
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David Gould Managing Director ...more than just rewards
Transcript

David GouldManaging Director

...more than just rewards

Creating successful

reward and recognition

programmes

Strategy Execution Adoption

What isyour vision?

What do you want your

programme to be?

You will have company

objectives to achieve, so does

the programme encourage the

drivers and behaviours to

deliver these?

When investing in a programme which

engages employees and drives the right

behaviours to achieve your company’s

goals, it makes sense for the programme to

be for the long term.

The vision must include an identifier which

everyone taking part can relate to.

Be clear about your vision at the outset and

ensure it is communicated at every possible

opportunity

“Plans are

nothing;

planning is

everything”- Dwight D. Eisenhower

In order to create a successful

programme, time needs to be

invested in the planning phase.

Planning is everything when creating

a programme and all too often this is

short circuited by the need to launch

as soon as possible, which can

prove to be a major inhibitor to

success

Project TimescalesDefine a base collection of

milestones, working collaboratively

through each stage to keep your

project on track and manage

expectations.

Here is an example of a typical

programme timescale.

It details the elements of planning

required, from scoping, through to the

design phase and ultimately the

implementation phase.

This example presents a timeline of 6

weeks, but in reality, it could take far

longer

Project Timescales

Results & ROI

All components of the programme

need to be put in place at the

outset to track performance.

Results & ROI

What do you want to achieve from the

programme?

Is this aligned to the development of your

organisation?

What is a good balance between investment

in time, money and resources versus output,

or return from that investment?

Results & ROI

Dashboard

reporting

Surveys &

feedback

Programme

specific KPIs

Results & ROIResults & ROI

Determine the measures of success and the

targets needing to be set early on, and what

that represents in terms of a step change to

current culture or performance.

Be clear about what you need to see to chart

the progress within the programme, so you

can see if you are on the right track.

Making it work

EngagementOne of the challenges is ensuring

that the programme captures the

attention of the target audience for

the full duration.

To make it work, engaging

participants is critical

CommunicationFrom a high impact launch to

consistent, regular, stimulating

communications, the aim is to

stimulate individuals to engage

with the programme.

Make people sit up and take notice

– create the hype and hit the spot!

Online

Offline

Events

Gamification

Hold your nerveSticking to the principles of the

programme is vital for embedding

it into an organisation so that it

becomes part and parcel of daily

life.

Spend more time

planning at the outset

…to ensure successful execution!

Contact us today

www.corporaterewards.co.uk

Email us: [email protected]

Call us:

0370 405 2020

Connect with us on LinkedIn:

corporate-rewards-uk


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