What is Employee Recognition Software?

Introduction

Employee recognition software assists to enhance a company’s work culture by providing tangible motivations for performing quality tasks such as sales performance, content creation, customer service, etc. It is a behavior-driven platform that permits management to set qualifications or standards for rewards and track staff progress to find the winners. Advanced tools offer peer reward and recognition features. You can give out rewards for anything from a daily positive attitude to yearly tenure recognition.

Further, you can integrate employee recognition software with employee engagement solutions that are used to obtain feedback from personnel to make positive changes. Both tools come under the talent management software group which helps to track staff progress with the aim of driving innovation and developing a collaborative organizational culture.

Employee recognition software measures quantitative or qualitative metrics for the objective of finding award winners within teams and companies. It lets admins preset timelines and standards for rewards. Lastly, it automatically determines and reports on winners.

Features of Employee Recognition Software

Reward

HR staff and management can set reward parameters for personnel to strive toward. They can be given points for meeting goals that they can redeem for gifts.  

Recognition

Staff recognition can be done in the form of peer-to-peer or management-to-employee.

Customization

Employee recognition software is typically equipped with customizable functions, including anniversary and birthday bonuses, award and recognition, and others.

Automation

The software enables management to automate the recognition and reward selection procedure. Managers can set pre-decided standards, and personnel can get an automated message and reward after achieving the set targets. This eliminates manual work while ensuring dispersal of regular awards.

Reporting and Metrics

Employee recognition applications aid companies to understand how their workforce is contributing to corporate culture and goals. Reporting tools offer HR staff and management insight into the success of the employee recognition program.

Integrations

Leading employee recognition systems integrate with core HR, social collaboration, business workflow, and other platforms to facilitate effortless single sign-on.

Mobile Apps

Advanced solutions offer mobile apps for iOS and Android devices that allow you to update your profile, view rewards, offer recognition, spend e-gift cards, and more.

Profiles

With employee recognition software, you can create a personal profile for each employee that contains visible information on their position, badges, previous awards, and an updates feed. These profiles can perform the role of a social intranet and publicize positive behavior and awards.

Benefits of Employee Recognition Software

Minimizes Turnover

Employee recognition programs can help your firm to engage your workforce and keep them motivated. This can boost your retention rates. Turnover is expensive in terms of lost dollars in squandered business opportunities and staff investment. Recognition can have a direct impact on turnover rates.

Enhances Team Culture

Get rid of negative vibes with employee recognition software to inspire and motivate your workforce. A positive work environment fosters great relationships with staff members. Personnel recognition improves engagement and will make your employees love to come to work every day.

Builds Employee Cohesiveness and Teamwork

You can strengthen teamwork and boost productivity by recognizing and rewarding the achievements of your personnel. Further, as supervisors and team members also decide the winners, each employee will be motivated to perform at their best and at the same time build closer bonds with their colleagues.

Inspires Extra Effort

Your personnel will willingly go the extra mile in their daily work. They’ll stay back at 5 PM to take an important client call and address their needs. The best part is an employee recognition program can help to highlight and award these everyday tasks that might be otherwise ignored, creating resentment.

Sell Your Company

During hiring campaigns and interviews, you can inform potential recruits that your firm has an employee recognition program. This will excite the candidates as they’ll be assured of working in a challenging and inspiring environment. Plus, the recognition and awards initiatives will tell your potential employees that your organization cares for its staff members.