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We recently spoke to Dave Bond, director of talentmanagement and total rewards at the Minto Group, to discuss how the home building and property management company modernized its approach to social recognition and saw immediate results in terms of employee reach. Recognition at Minto was spotty.
I’ve just been attending an event with Globoforce and the Conference Board on social recognition. It’s been a natural progression for Globoforce to move beyond strategic recognition into the growing social HR space with a focus on social recognition too - though in a sense, recognition has always been a social sort of thing. (We
Here’s a sneak peek at the 7 ways social recognition impacts business: It reinforces company values and culture. Managers of higher profitability companies are 12% more likely to have a strong focus on core values and corporate culture. It improves talentmanagement and performance data.
The Impact on PerformanceManagement: Let Employees Rate their Managers. One of the biggest issues facing HR departments today is the need to redesign the performancemanagement process. If a manager is particularly hard on his or her people, this feedback loop helps balance the system.
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