Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Although implementing a recognition program is low-cost way to reinforce corporate values and the employee value proposition, a fair number of companies have yet to offer them, says Laurie Bienstock, director of rewards for North America at Towers Watson, a global professional services company. In fact, according to a recent global study by Towers Watson, 59 percent of employers report having performance-based recognition programs, and 76 percent of respondents say they have service-based recognition programs. Given these figures, there is still plenty of room for more employers to consider offering recognition programs, but they must also develop effective communication strategies, which isn’t always the case.

“One of the main challenges many organizations face regarding recognition programs is that they are not used consistently throughout the organization,” Bienstock says. “Some parts of the organization and some managers may be solid users of the program whereas other parts of the org may not use the program as consistently.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.