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Why Employee Reward & Recognition is Vital Now More Than Ever?
Evolution in Types of Rewards
Employees now value personalized rewards that cater to their wants and needs, enhancing their motivation and loyalty.
Increased Frequency of Recognition
Modern recognition programs allow for instant acknowledgment, boosting morale and engagement consistently throughout the year.
Changes in Work Environments
Today’s workplace encompasses diverse arrangements such as remote, hybrid, and full-time in-office roles, reflecting a shift towards flexibility and autonomy in work environments.
Changes in Workforce Hierarchy
Recognition and rewards have evolved from top-down management styles to include peer-to-peer, horizontal (across teams), and cross-departmental approaches.
Changes in Workplace Communication Tools
Companies are transitioning from rigid, in-house communication tools to more integrated platforms like Lark.
Shift in Workforce Dynamics
The rising workforce generations prioritize feeling valued and appreciated, making robust recognition programs crucial
