Business commentators began the year by predicting that programmes to promote employee recognition as a transformative force for good will represent a key trend in 2013. Full Circle Motivation is way ahead of the field with the introduction of Awardbox Professional in support of its Recognition and Award programmes.
Given that the recession has caused widespread job losses across multiple industries, it comes as something of a surprise to learn that many firms are struggling to recruit workers with the right skills sets. Yet the New York Daily News reports that this is a common problem, particularly in the tech industry, which covers a wide range of sectors, including electronic and electrical equipment and mobile telecommunications.
Apparently, technology is advancing so rapidly that employers are investing in internal training programmes to keep pace and maximising the impact of the training by introducing recognition and award programmes for employees.
A Bersin by Deloitte study found that over a period of 12 months, company spending on skill development programmes increased by 12 per cent, and business commentators began the year by predicting that programmes to promote employee recognition as a transformative force for good will represent a key trend in going forward.
LinkedIn – the social networking site for business people – confirmed that their worldwide professional membership has passed the 500 million mark, with their new system of ‘endorsing’ fellow members soaring since its introduction and now generating more than 10 million peer to peer endorsements per day. This is a clear indication that people really do like their skills and achievements to be recognised and rewarded.
Businesses looking for suitable programmes should note that Full Circle Motivation is way ahead of the field with the introduction of Awardbox Professional in support of its Recognition and Award programmes. This is a fast, effective and fun way to recognise and reward outstanding employee performance. The customisable system increases employee satisfaction, loyalty and retention, and is both low cost and simple to use. And because it is measureable, a return on investment is a simple matter to calculate.
Awardbox Professional welds teams and improves quality actions. And according to Victor Tardieu, Director of Full Circle Motivation: “Quality employee actions are the precursor to companies achieving their twin quantity goals of sales and profit.”