Month: February 2023

After creating a brand-new vaccine in record time, leaders at Pfizer knew that if they wanted employees to continue innovating at the same level, they needed to make sure all 79,000 people felt valued and rewarded for their hard work. Since the company’s in-house recognition program could not be implemented everywhere at once – leaving some employees feeling less supported than others – Pfizer chose to partner with Workhuman Ò to produce BRAVO, an impactful Social Recognition Ò program that connected everyone around the globe.

Workhuman and Gallup partnered to discover the correlation between employee wellbeing and strategic employee recognition – and the resulting impact on overall company growth and success. In a large-scale study of more than 12,000 employees across 12 countries, Workhuman and Gallup found that recognition is one of the most effective and affordable ways to improve wellbeing, sparking cultural transformation and helping workplaces achieve exceptional performance.

Countless studies and volumes of research have proven the positive effects employee recognition has on many key business metrics that impact your bottom line. But there’s another area in which recognition has a meaningful impact: its ability to improve the process of managing individuals and teams. Here, we’ll look at 11 ways employee recognition can help your managers realize their full potential.

While there may be signs that the Great Resignation is easing slightly, it’s clear the exodus of workers is a challenge leaders will have to contend with for the foreseeable future. A Workhuman® iQ survey of more than 3,500 workers in the U.S., U.K., Ireland, and Canada offers some revealing insights into the root causes of why employees are leaving their jobs – and a road map on how companies of all sizes can retain more of their talented humans.

For new managers who are building or inheriting teams in today’s turbo-charged, digitally-enabled business environment, things are far more complicated than they were thirty years ago. They are also far more interesting, far more productive, and far more creative. But that doesn’t make managing a modern global team easy. Far from it. Yet with the challenges come extraordinary joys.