Understand the connection between motivation and reward, along with various types of incentives and rewards.
High employee turnover or churn is an expensive issue for any business. Estimates of the cost to fully replace employees over and above salary range towards $40,000, including advertising cost, recruiting, hiring, training, and loss of productivity outside annual salary. A pre-Covid 2017 study by Gallup, followed up by OC Tanner, reported 79% of employees who quit their jobs claim that a lack of appreciation was a major reason for leaving, with 65% of these employees claiming that they weren't recognized one-time by their managers or employers in the last year. And 60% say they are more motivated by recognition than money. This presentation will help leaders acknowledge their people by giving them the recognition they've earned, show genuine appreciation, and identify the unique things people have to offer and do and, by doing so, will see significantly better results in the future. The presentation also explains the idea of recognizing your people, covers various types of employee recognition, outlines the eight principles of recognition, and provides tips on developing a recognition plan.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Introduction
- Define Recognition and Reward
- Types of Recognition and Rewards
- Benefits of Recognition and Reward
- Types of Employee Recognition
Guiding Principles of Recognition
- Eight Guiding Principles of Recognition
- When and Where to Give Recognition
- Creating Employee Recognition Plans
- How Well Do You Know the Employee
- Dos of Providing Meaningful Recognition
- Don'ts When Providing Meaningful Recognition
Planning Your Recognition and Reward Discussion
- Achievement, Impact, Recognition
- Give Proper Acknowledgement
- Based on Significance of the Achievement
- Provide Meaningful Recognition
Questions/Answers, What Now, and Closing
- Questions and Answers
- What Now
- Closing
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More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on March 9, 2023.
Call 1-866-352-9540 for further credit information.
- ASA 1.0
- This program may qualify for 1.0 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]. Please retain proof of attendance in the event your CE record is audited.
HR Certification Institute 1.0
- This E-Learning program has been pre-approved for 1.0 (General) recertification credit hours toward aPHR®, aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM), and SPHRi(TM) recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
SHRM 1.0
- Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDC(s) for the SHRM-CP or SHRM-SCP.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
- Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Cheryl Grazier, M.S.I.D., M.P.A.
Cheryl Grazier Training and Consulting, LLC
- Principal of Cheryl Grazier Training & Consulting, LLC, which offers customized learning and development programs designed to increase the leadership and management capability of individuals, teams, groups, and organizations
- Over 20 years of business experience in both the public and private sectors as a trusted advisor in the areas of culture change, strategy implementation, program management, and team and leadership development
- Has worked in a variety of industries, including communications, government agencies, governmental contracting, and real estate
- Passionate about developing people skills and leadership capabilities for individuals and specializes in exposing people’s hidden aptitudes and talents, which enables those individuals to develop their known and recently found strengths and abilities
- Presents outstanding programs in the areas of leadership development, interpersonal communication skills, conflict management, performance management and conduct issues, and change management
- Holds several industry certifications, including MBTI, DISC, and FIRO-B
- Licensed as a real estate broker in both Missouri and Florida and holds a real estate instructor license in Florida
- Can be contacted at [email protected], 904-392-3427, or https://cherylgraziertraining.com
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More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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