360° Recognition is a strategic approach to Employee Recognition and incentives that maximizes employee engagement and productivity while minimizing administration costs.

The recognition marketplace is in the early phase of a significant paradigm shift from a model where recognition programs are viewed as stand-alone and reactive, to a dynamic model where employee recognition and reward programs are used proactively to drive behaviors and are often linked on one web platform to improve employee engagement by generating synergy, excitement, and cost savings.

That is because proactive recognition has been proven to impact employee engagement and ROI, and organizations with engagement scores in the top quartile have 50% higher productivity, 13% lower turnover and 44% higher profits than those in the bottom quartile (Gallup Consulting).

360° Recognition

Because a dynamic recognition system circles employees with appreciation from peers, managers, and customers for a wide variety of behaviors and performance, Incentra calls this approach 360° Recognition.

In a 360° Recognition system, each employee has his/her own performance website to recognize peers, track recognition achievements, receive program communications, and order awards. As employees are recognized and rewarded, they receive points, credits, or dollars in an award bank that can be saved or spent on a wide range of award choices.

Fast, Easy, Cost-Effective

With today's recognition technology and Incentra's know-how guiding you every step of the way, it is possible to move to a 360° Recognition model in a matter of weeks, using existing recognition dollars for more impact and delivering:

• True recognition strategy that is tied to your "total rewards" strategy.
• Promotion of behaviors that drive your mission, vision, and values.
• Dramatic growth in recognition activities to impact employee engagement.
• Improved recognition communications for high program utilization.
• Measurable ROI through incentives that improve productivity and retention.
• A competitive edge in hiring and retaining outstanding talent.
• A more intelligent investment of employee recognition and incentive dollars.

Incentra's Program Solutions

Incentra offers a complete range of tactical employee recognition and incentive programs that may used in a stand-alone fashion or be integrated in a 360° Recognition technology platform, including

• Service Awards
• Onboarding Appreciation
• Milestone Recognition (off-year anniversaries, birthdays, etc.)
• Peer-to-Peer Recognition
• On-The-Spot Recognition
• Nomination Recognition
• Pinnacle "Best of the Best" Awards
• Individual/Team Performance Rewards
• Training Certification
• Productivity Incentives
• Customer-Initiated Appreciation
• Wellness Incentives
• Safety Incentive Programs
• Retirement Recognition
• Sales Incentives Programs
• Corporate Awards

Go Big or Start with Baby Steps

The beauty of a 360° approach to recognition is that an organization can start by easily adding a key recognition piece that is lacking - On-The-Spot Recognition for example – to quickly begin building a recognition culture. Or a more aggressive approach can be taken with today's recognition technologies to link all existing recognition initiatives in one integrated process. Either way, Incentra helps you each step of the way with our proven recognition ideas, experience, and capabilities.

So if you are ready to dramatically improve the impact of multiple Recognition Solutions, Service Awards, or Corporate Awards  through 360° Recognition, we really should be talking. . .