Posts Tagged ‘incentives’

Best Recognition and Rewards Programs for the Post-Recession Economy

February 23rd, 2010 by Jeremy Lurey

At Plus Delta Consulting, we are committed to creating a brighter future for those seeking to improve individual, group, and organizational performance as well as those focused on transforming organizations in ways that produce better business results. Broadly speaking, we are part of “OD” (Organization Development), but we also push the boundaries of the field and what many call “new OD” to connect communities of organizational professionals from other arenas. We not only seek but also strive to share new theories and practices that serve the 21st century organization with others. Towards that end, we launched a LinkedIn group called the “Future of Organization Development (OD)” last fall (see http://bit.ly/FutureOD) and regularly participate in other online conversations to facilitate these discussions.

Here is an excerpt of a recent discussion about the Best Recognition and Rewards Programs for the Post-Recession Economy:

[Jeremy Lurey]: A couple weeks ago, I facilitated a great session with a local NHRA (National Human Resources Association) chapter. The topic was Recognition and Rewards programs, and we used a World Cafe (see www.theworldcafe.com) format to bring everyone – and their richly diverse perspectives – into the room. During the World Cafe rounds, groups were asked the following 3 questions:

1. What are the top three MONETARY recognition and rewards approaches that you use in your company?
2. What are the top three NON-MONETARY recognition and rewards approaches that you use in your company?
3. What are the underlying assumptions of your recognition and rewards system, and does the absence of receiving a reward equate to PUNISHMENT?


Provided below are some of the key themes that emerged from the group. I’m curious if this is in line with your experiences or if you have other “best programs” you would recommend.

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