SlideShare une entreprise Scribd logo
1  sur  42
Michelle Pokorny
                                  Solution VP – Employee Engagement
                                            and Recognition
                                       Maritz Motivation Solutions


                                    HCI webcast, March 12, 2013


Via ohiiosci.org, Google images




                Science + Math = Recognition

                                            Proprietary and Confidential © 2013 Maritz
Channel Effectiveness
                            Maritz … a People Company




                                                                                       Effectiveness
                                                                                       Sales Force
Customer Experience
    Management




                                              Employee Recognition & Engagement

             We help businesses drive performance by developing more
                     meaningful relationships with their people

                                                                 Proprietary and Confidential © 2013 Maritz   1
Today’s Journey
• Impact of Recognition
• Why? Insights into Human Motivation
   – 4-Drive Recognition
      • What’s Love Got to Do With It?
   – Understanding Influence
   – The Value of Experiences
• Designing Awesome Recognition
• Do the Math




                                    Proprietary and Confidential © 2013 Maritz
                                 Proprietary and Confidential © 2013 Maritz      2
Why the Focus on Reward and
       Recognition?




                             Proprietary and Confidential © 2013 Maritz
                       Proprietary and Confidential © 2012 Maritz         3
LOW LEVELS
of Engagement




                Proprietary and Confidential © 2013 Maritz   4
1- 2012 Maritz Engagement Poll as well as numerous other sources




                                                                   Proprietary and Confidential © 20123Maritz   5
RECOGNITION drives
 ENGAGEMENT and
  PERFORMANCE




                     Proprietary and Confidential © 2013 Maritz   6
1   2012 Maritz Engagement Poll



                                  Proprietary and Confidential © 2013 Maritz
                                                                               7
Impact of Meaningful Reward and Recognition
    Of those who do feel                                                                   Of those who do not
        meaningfully                                                                        feel meaningfully
         rewarded &                                                                            rewarded &
         recognized                                                                             recognized
                82%                        would strongly endorse my                                       27%
                                             company to friends and
                                          family as a great place to work
                82%                           feel their workplace is a                                    30%
                                                great place to work.
                86%                          would stay with their                                         44%
                                          current company if given the
                                          chance to do the same work at
                                           the same pay for a different
                                                    company.
                86%                                     feel motivated to go                               40%
                                                       beyond my formal job
                                                     responsibilities to get the
Employee Insight Study of Over 1000 U.S. Employees
                                                                 job done.
                             Employee Insight Study of Over 1000 U.S. Employees Conducted by Maritz (October 2011)
Conducted by Maritz (October 2011)



                                                                                               Proprietary and Confidential © 2012 Maritz   8
1 2012 SHRM
2 2011 BlessingWhite Employee Engagement Report
3 2011 Aberdeen Group, “The Engagement/Performance Equation”
                                                               Proprietary and Confidential © 2012 Maritz   9
Why this Impact?




                  Proprietary and Confidential © 2013 Maritz
               Proprietary and Confidential © 2012 Maritz      10
Insights into Human Motivation

                      Proprietary and Confidential © 2013 Maritz                                    11
                                                      Proprietary and Confidential © 2013 Maritz   11
A bridge between the latest
human science research and the new normal
      of today‟s business environment.




                               Proprietary and Confidential © 2013 Maritz
                               Proprietary and Confidential © 2013 Maritz   12
People Principles
 People are
 rational and
 emotional.
 People are
 individual and
 social.
 People are driven by
 multiple
 motivators.




         Proprietary and Confidential © 2013 Maritz   13
People Are Driven By Multiple Motivators
                         acquire                                            bond

  Drive to acquire                                                                                                Drive to engage,
   stuff, status,                                                                                                cooperate, “fit in”
rewards, resources                                                                                               to the community



                                                  choice

  Drive to defend
   „what‟s ours‟:                                                                                               Drive to “create”
status, stuff, ideas,                                                                                           better self, team,
  relationships…                                                                                               organization, world


                          defend                                          create
                        Based on the work of Paul Lawrence and Nitin Nohria at Harvard Business School
                                        ©2012 The Maritz Institute. All rights reserved.
                                                                                                         Proprietary and Confidential © 2013 Maritz   14
Employees are People First


                        Proprietary and Confidential © 2012 Maritz   15
Recognition is a
vehicle for human
    potential.




       Proprietary and Confidential © 2013 Maritz   16
Four-Drive Impact of Reward & Recognition
                           acquire                                            bond

• Acquire status for                                                                                          • Connect, bond with
  expertise,                                                                                                    others
  contributions                                                                                               • Shape cultural
• Rewards create a                                                                                              norms, „drops‟
  memorable,                                                                                                  • Teams, Community
  associative                                                                                                   Celebrations
  experience
                                                    choice

• Fair and equitable                                                                                          • Mirror, see impact
  program                                                                                                     • Strategy, goals and
  parameters                                                                                                    values-alignment
• Defend program,                                                                                             • Learning and
  company, culture,                                                                                             growth
  relationships,
  status                                                                                                      • Experiences
                           defend                                          create
                       Based on the work of Paul Lawrence andNitin Nohria at Harvard Business School
                                       ©2012 The Maritz Institute. All rights reserved.
                                                                                                       Proprietary and Confidential © 2013 Maritz   17
                                                                                                                                                    17
What’s Love Got to Do With It?

Oxytocin
Brain Chemical
The Trust Hormone
The Love Molecule
“… simple peptide (that) allows
people to have empathy for and
sustain trust in those around
them.”

                    – “The Neurobiology of
                    Trust”, Dr. Paul Zak - 2008
                    Scientific American Inc.




                         Proprietary and Confidential © 2013 Maritz   18
Proprietary and Confidential © 2013 Maritz
Maritz Engagement Poll - 2012                  Proprietary and Confidential © 2013 Maritz   19
“Trust is the platform on which
employees interact with each other
        and with clients...”

 - Dr. Paul Zak, Neuroeconomics and the Firm




                                     Proprietary and Confidential © 2013 Maritz
                                                    Proprietary and Confidential © 2013 Maritz   20
“When trust is low, people focus
     their energy on their own
     protection and survival…”


“High trust companies have high
productivity and greater stock market
returns than low trust companies…”



        “Without trust,
        organizational goals will
        literally fall on deaf ears.”



                                                    Neuroeconomics and the Firm


                   Proprietary and Confidential © 2013 Maritz
                                  Proprietary and Confidential © 2013 Maritz      21
PAD-TEAA




Praise          Transparency
 Anticipation         Empathy Autonomy
         Delegation            Authenticity
                               Proprietary and Confidential © 2013 Maritz   22
Science of Influence

Principles of Ethical Influence


• Reciprocation

• Scarcity

• Authority

• Consistency and Commitment

• Liking (Friendship, Social Proof)

• Consensus




                                      Proprietary and Confidential © 2013 Maritz   23
Influence Through Recognition

Recognition facilitates…
• Liking and Social Proof – which
  drives behavior
• Consensus – through developing
  cultural norms
• Authority and Liking - which
  supports alignment and purpose




                                    Proprietary and Confidential © 2013 Maritz   24
The Value of Positive Experiences




                          Proprietary and Confidential © 2013 Maritz
Proprietary and Confidential © 2013 Maritz
Proprietary and Confidential © 2013 Maritz   27
Fredrickson, 2003 “The Value of Positive Emotions”




                                                     Proprietary and Confidential © 2013 Maritz
Proprietary and Confidential © 2013 Maritz   29
“I try to come into work everyday and be the
       person they described me to be…”


               trulyhumanleadership.com




                                          Proprietary and Confidential © 2013 Maritz
and

ALIGN



        Proprietary and Confidential © 2011 Maritz
How to Ensure Successful Recognition

Maritz’ Ten Tenets of Enterprise Recognition


• Commit from the Top
• Empower Managers
                                               * Tosti & Jackson 1994

• Ensure Meaningful Recognition
• Measure Success
• Consolidate Efforts
• Decentralize Ownership
• Recognize Real-Time Contributions
• Apply Consistently and Equitably
• Continuously Improve
• Align With Strategy, Culture



                                                            Proprietary and Confidential © 2013 Maritz   32
Design Impactful Programs and Experiences
•   Programs communicate and
    recognize aligned behaviors
•   Recognize leadership and trust-
    building behaviors
•   Empower employees to give both
    recognition and reward
•   Incorporate social strategies,
    celebrations, experiences
•   Skills: BET Recognition ModelSM
     • Behaviors – Recognize
         behaviors, process, effort
     • Effect – Express the impact
     • Thanks – Express sincere,
         authentic appreciation
•   Build recognition muscle
•   Understand preferences
•   Measure satisfaction              Proprietary and Confidential ©© 2013 Maritz
                                        Proprietary and Confidential 2013 Maritz    33
Measuring Impact
Baseline, Benchmark,         Program Engagement          Business Impact
      Modeling
• # employees                • Enrollment             • Program satisfaction
• Average salary             • Participation/           and attitudes
• Business groups and          recognitions           • Cultural behavior
  employee segments          • Reward earnings and      change
• Culture, criteria and        redemptions            • Employee
  behaviors                  • Goal attainment          engagement,
• Identify target impact     • Web activity             retention, productivity
  metrics (engagement,       • Training/Learning      • Return on Objective
  retention, productivity,   • Call center activity   • Return on Investment
  cSat)                      • Etc.                   • Etc.
• Participant attitudes
  and values




                                                            Proprietary and Confidential © 2013 Maritz   34
Simple Retention Impact Formula
1) Estimate Cost of Attrition:
Number of employees:         5,000
Annual attrition rate:       5%
Average salary:              $50,000     Investing $3.75M in
*Annual attrition cost: $31.25M             recognition can
*Cost to replace employee 2.5 x salary     produce attrition
                                          savings of $6.25M,
2) Estimate Investment:                    resulting in a net
R&R budget based                           benefit of $2.5M.
on x% of total salaries: 1.5%
Investment calculation:$3.75M

3) Estimate Retention Benefit:
Retention improvement: 20%
Calculated benefit:       $6.25M


                                                     Proprietary and Confidential © 2013 Maritz   35
Productivity Benefits

1                                                                                   2                                                                    3
                                                                                        What if you are able to improve your employees'                           So how much should you spend on
            What is your current situation?
                                                                                                         productivity?                                                 employee recognition?

How many employees do you have?                               15,000                    A value can be assigned to employee productivity based on your   Set aside 0.5%-3% of annual salaries
                                                                                                                                                                                                                  1.5%
                                                                                        employees' overall level of engagement and average salaries.^    for your employee recognition
What is their average annual salary?                          $50,000
                                                                                           Fully Engaged                        120%                     Your employee reward and
                                                                                                                                                                                                               $11,250,000
                                                                                          Normal Engaged                        100%                     recognition budget should be…
                                                                                        Somewhat Disengaged                     80%
                                                                                            Disengaged                          60%                      By investing $11,250,000 in employee recognition, and
                                                                                                                                                         generating an additional $37,500,000, your net
                                                                                                                                                         productivity gains could be $26,250,000.
                                                                                        What percent of your employees could           Which could be
         What percent of your employees are…*
                                                                                                        be…                               worth…
                                                                                                                                                         4
                 Fully Engaged                                   10%                         Fully Engaged                      15%     $45,000,000
                                                                                                                                                                    What is your return on investment?
               Normal Engaged                                    35%                       Normal Engaged                       45%     $75,000,000          $40,000,000Your  cost savings                  Your investment ROI
                                                                                                                                                                                                                       Your
                                                                                                                                                             $35,000,000   $37,500,000
                                                                                                                                                                              $37,500,000        $11,250,000 $26,250,000     #
           Somewhat Disengaged                                   35%                    Somewhat Disengaged                     25%     ($60,000,000)        $30,000,000
                                                                                                                                                                                                             $11,250,000     #

                   Disengaged                                    20%                          Disengaged                        15%     ($22,500,000)        $25,000,000
                                                                                                                                                                                                                    $26,250,000
                                                                                                                                                             $20,000,000
                       Total                                    100%                             Total                          100%                         $15,000,000

                                                                                        By better engaging your employees,                                   $10,000,000
                                                                                                                                        $37,500,000
                                                                                        you could generate an additional…                                     $5,000,000
* According to a 2011 BlessingWhite Employee Engagement Report and a Q3-2011
Employee Engagement Index, less than 1 in 3 employees worldwide are "engaged" and                                                                                    $0
nearly 1 in 5 are "disengaged".                                                     ^ http://www.thesocialworkplace.com, 2012
                                                                                                                                                                            Your cost savings   Your investment      Your ROI




                                                                                                                                                                    Proprietary and Confidential © 2013 Maritz            36
Proprietary and Confidential © 2012 Maritz   37
                                             37
Recent Article



                 “Engagement is forged
                 with different tools:
                 trust, loyalty, open
                 communication, clearly-
                 articulated goals and
                 expectations, shared
                 values and well-
                 understood reward
                 systems.”




                   Proprietary and Confidential © 2013 Maritz   38
Recognition is more than a nice thing to do, it is an
   act of leadership, a growth-producing, social
 interaction that creates both better business and
                    better lives.




                                       Proprietary and Confidential © 2013 Maritz   39
Thoughts?
Questions?




             Proprietary and and Confidential2013 Maritz
                Proprietary Confidential © © 2012 Maritz   40
@michpoko

www.maritzmotivation.com/blog




                          Proprietary and Confidential © 2013 Maritz   41

Contenu connexe

Tendances

What Drives Employee Engagement
What Drives Employee EngagementWhat Drives Employee Engagement
What Drives Employee EngagementECO Canada
 
Affinity Groups An Organizational Resource
Affinity Groups   An Organizational ResourceAffinity Groups   An Organizational Resource
Affinity Groups An Organizational ResourceSusan Woods
 
Emphasis introduction to km
Emphasis introduction to kmEmphasis introduction to km
Emphasis introduction to kmMohamed Rafique
 
Job Search 2.0 Using LinkedIn
Job Search 2.0 Using LinkedInJob Search 2.0 Using LinkedIn
Job Search 2.0 Using LinkedInBrent Dance
 
Pragmatic role of company offsite events
Pragmatic role of company offsite eventsPragmatic role of company offsite events
Pragmatic role of company offsite eventsGIO
 

Tendances (6)

What Drives Employee Engagement
What Drives Employee EngagementWhat Drives Employee Engagement
What Drives Employee Engagement
 
Affinity Groups An Organizational Resource
Affinity Groups   An Organizational ResourceAffinity Groups   An Organizational Resource
Affinity Groups An Organizational Resource
 
Emphasis introduction to km
Emphasis introduction to kmEmphasis introduction to km
Emphasis introduction to km
 
Job Search 2.0 Using LinkedIn
Job Search 2.0 Using LinkedInJob Search 2.0 Using LinkedIn
Job Search 2.0 Using LinkedIn
 
People
PeoplePeople
People
 
Pragmatic role of company offsite events
Pragmatic role of company offsite eventsPragmatic role of company offsite events
Pragmatic role of company offsite events
 

En vedette (9)

10 Do's and Don'ts of Gamification
10 Do's and Don'ts of Gamification10 Do's and Don'ts of Gamification
10 Do's and Don'ts of Gamification
 
Maritz 2014 Loyalty Social Survey for Loyalty Expo
Maritz 2014 Loyalty Social Survey for Loyalty ExpoMaritz 2014 Loyalty Social Survey for Loyalty Expo
Maritz 2014 Loyalty Social Survey for Loyalty Expo
 
Now + New + Next: Rethinking Rewards in the New Engagement Economy
Now + New + Next: Rethinking Rewards in the New Engagement EconomyNow + New + Next: Rethinking Rewards in the New Engagement Economy
Now + New + Next: Rethinking Rewards in the New Engagement Economy
 
Non-Cash Rewards: Accelerate & Reinforce OBM Strategies
Non-Cash Rewards: Accelerate & Reinforce OBM StrategiesNon-Cash Rewards: Accelerate & Reinforce OBM Strategies
Non-Cash Rewards: Accelerate & Reinforce OBM Strategies
 
Rpi maritz yo_fi_final 1-7
Rpi maritz yo_fi_final 1-7Rpi maritz yo_fi_final 1-7
Rpi maritz yo_fi_final 1-7
 
1 2-3-go live-h_rcomwebinar
1 2-3-go live-h_rcomwebinar1 2-3-go live-h_rcomwebinar
1 2-3-go live-h_rcomwebinar
 
Busting 5 Loyalty Myths
Busting 5 Loyalty MythsBusting 5 Loyalty Myths
Busting 5 Loyalty Myths
 
Top 5 Gamification Examples
Top 5 Gamification ExamplesTop 5 Gamification Examples
Top 5 Gamification Examples
 
Gamification in Banking & Financials Examples
Gamification in Banking & Financials ExamplesGamification in Banking & Financials Examples
Gamification in Banking & Financials Examples
 

Similaire à Science + math = recognition

Hearsay Social's Innovation Summit: Succeeding in the Relationship Era
Hearsay Social's Innovation Summit: Succeeding in the Relationship Era Hearsay Social's Innovation Summit: Succeeding in the Relationship Era
Hearsay Social's Innovation Summit: Succeeding in the Relationship Era Hearsay Systems
 
Rethinking Company Resources
Rethinking Company ResourcesRethinking Company Resources
Rethinking Company ResourcesProfiles Asia
 
Social media vacature_20120327
Social media vacature_20120327Social media vacature_20120327
Social media vacature_20120327Otolith
 
Webinar - The Connected Company
Webinar  - The Connected CompanyWebinar  - The Connected Company
Webinar - The Connected CompanyDachis Group
 
The Game Has Changed: Engaging Partners through Communities in the New Normal
The Game Has Changed: Engaging Partners through Communities in the New NormalThe Game Has Changed: Engaging Partners through Communities in the New Normal
The Game Has Changed: Engaging Partners through Communities in the New NormalMaritz
 
Social Customer Service Lessons Learned
Social Customer Service Lessons LearnedSocial Customer Service Lessons Learned
Social Customer Service Lessons LearnedAndrew Maher
 
Crowd sourcing
Crowd sourcingCrowd sourcing
Crowd sourcingRegalix
 
Kmg presentation brand yourself for career success
Kmg presentation  brand yourself for career successKmg presentation  brand yourself for career success
Kmg presentation brand yourself for career successLynn Hazan
 
Work Ethos, Purpose, and Productivity
Work Ethos, Purpose, and Productivity Work Ethos, Purpose, and Productivity
Work Ethos, Purpose, and Productivity Rawn Shah
 
5 Rules of Sales and Marketing in the Facebook Era
5 Rules of Sales and Marketing in the Facebook Era5 Rules of Sales and Marketing in the Facebook Era
5 Rules of Sales and Marketing in the Facebook EraHearsay Systems
 
Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity Bernard Marr
 
Few tips to make your workplace both efficient and exciting!
Few tips to make your workplace both efficient and exciting!Few tips to make your workplace both efficient and exciting!
Few tips to make your workplace both efficient and exciting!EdGE NetWorks
 
Create Demand for your Talent
Create Demand for your TalentCreate Demand for your Talent
Create Demand for your TalentLynn Hazan
 
Maintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult TimesMaintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult TimesSteve Mitchinson
 
NewsGator Social at ShareThePoint #auspc April 2013 Sydney
NewsGator Social at ShareThePoint #auspc April 2013 SydneyNewsGator Social at ShareThePoint #auspc April 2013 Sydney
NewsGator Social at ShareThePoint #auspc April 2013 SydneyCuneyt Uysal
 
The Return on Empathy (ROE)
The Return on Empathy (ROE)The Return on Empathy (ROE)
The Return on Empathy (ROE)Sean Hazell
 
Selling In A Social World
Selling In A Social WorldSelling In A Social World
Selling In A Social WorldAnneke Seley
 
Akron sm-presentation
Akron sm-presentationAkron sm-presentation
Akron sm-presentationcharleswpurdy
 
The Human Talent (HT) Transition: How Social Media Is Shifting HR And How Yo...
The Human Talent (HT) Transition:  How Social Media Is Shifting HR And How Yo...The Human Talent (HT) Transition:  How Social Media Is Shifting HR And How Yo...
The Human Talent (HT) Transition: How Social Media Is Shifting HR And How Yo...Adrienne Corn
 

Similaire à Science + math = recognition (20)

Hearsay Social's Innovation Summit: Succeeding in the Relationship Era
Hearsay Social's Innovation Summit: Succeeding in the Relationship Era Hearsay Social's Innovation Summit: Succeeding in the Relationship Era
Hearsay Social's Innovation Summit: Succeeding in the Relationship Era
 
Rethinking Company Resources
Rethinking Company ResourcesRethinking Company Resources
Rethinking Company Resources
 
Social media vacature_20120327
Social media vacature_20120327Social media vacature_20120327
Social media vacature_20120327
 
Webinar - The Connected Company
Webinar  - The Connected CompanyWebinar  - The Connected Company
Webinar - The Connected Company
 
The Game Has Changed: Engaging Partners through Communities in the New Normal
The Game Has Changed: Engaging Partners through Communities in the New NormalThe Game Has Changed: Engaging Partners through Communities in the New Normal
The Game Has Changed: Engaging Partners through Communities in the New Normal
 
Social Customer Service Lessons Learned
Social Customer Service Lessons LearnedSocial Customer Service Lessons Learned
Social Customer Service Lessons Learned
 
Crowd sourcing
Crowd sourcingCrowd sourcing
Crowd sourcing
 
Kmg presentation brand yourself for career success
Kmg presentation  brand yourself for career successKmg presentation  brand yourself for career success
Kmg presentation brand yourself for career success
 
Work Ethos, Purpose, and Productivity
Work Ethos, Purpose, and Productivity Work Ethos, Purpose, and Productivity
Work Ethos, Purpose, and Productivity
 
5 Rules of Sales and Marketing in the Facebook Era
5 Rules of Sales and Marketing in the Facebook Era5 Rules of Sales and Marketing in the Facebook Era
5 Rules of Sales and Marketing in the Facebook Era
 
The Making of a Movement
The Making of a MovementThe Making of a Movement
The Making of a Movement
 
Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity Can You Be The Real You At Work? The Importance Of Authenticity
Can You Be The Real You At Work? The Importance Of Authenticity
 
Few tips to make your workplace both efficient and exciting!
Few tips to make your workplace both efficient and exciting!Few tips to make your workplace both efficient and exciting!
Few tips to make your workplace both efficient and exciting!
 
Create Demand for your Talent
Create Demand for your TalentCreate Demand for your Talent
Create Demand for your Talent
 
Maintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult TimesMaintaining A Positive Culture In Difficult Times
Maintaining A Positive Culture In Difficult Times
 
NewsGator Social at ShareThePoint #auspc April 2013 Sydney
NewsGator Social at ShareThePoint #auspc April 2013 SydneyNewsGator Social at ShareThePoint #auspc April 2013 Sydney
NewsGator Social at ShareThePoint #auspc April 2013 Sydney
 
The Return on Empathy (ROE)
The Return on Empathy (ROE)The Return on Empathy (ROE)
The Return on Empathy (ROE)
 
Selling In A Social World
Selling In A Social WorldSelling In A Social World
Selling In A Social World
 
Akron sm-presentation
Akron sm-presentationAkron sm-presentation
Akron sm-presentation
 
The Human Talent (HT) Transition: How Social Media Is Shifting HR And How Yo...
The Human Talent (HT) Transition:  How Social Media Is Shifting HR And How Yo...The Human Talent (HT) Transition:  How Social Media Is Shifting HR And How Yo...
The Human Talent (HT) Transition: How Social Media Is Shifting HR And How Yo...
 

Dernier

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSkajalroy875762
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannaBusinessPlans
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...pujan9679
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book nowkapoorjyoti4444
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistanvineshkumarsajnani12
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGpr788182
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1kcpayne
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...ssuserf63bd7
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Availablepr788182
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 

Dernier (20)

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 

Science + math = recognition

  • 1. Michelle Pokorny Solution VP – Employee Engagement and Recognition Maritz Motivation Solutions HCI webcast, March 12, 2013 Via ohiiosci.org, Google images Science + Math = Recognition Proprietary and Confidential © 2013 Maritz
  • 2. Channel Effectiveness Maritz … a People Company Effectiveness Sales Force Customer Experience Management Employee Recognition & Engagement We help businesses drive performance by developing more meaningful relationships with their people Proprietary and Confidential © 2013 Maritz 1
  • 3. Today’s Journey • Impact of Recognition • Why? Insights into Human Motivation – 4-Drive Recognition • What’s Love Got to Do With It? – Understanding Influence – The Value of Experiences • Designing Awesome Recognition • Do the Math Proprietary and Confidential © 2013 Maritz Proprietary and Confidential © 2013 Maritz 2
  • 4. Why the Focus on Reward and Recognition? Proprietary and Confidential © 2013 Maritz Proprietary and Confidential © 2012 Maritz 3
  • 5. LOW LEVELS of Engagement Proprietary and Confidential © 2013 Maritz 4
  • 6. 1- 2012 Maritz Engagement Poll as well as numerous other sources Proprietary and Confidential © 20123Maritz 5
  • 7. RECOGNITION drives ENGAGEMENT and PERFORMANCE Proprietary and Confidential © 2013 Maritz 6
  • 8. 1 2012 Maritz Engagement Poll Proprietary and Confidential © 2013 Maritz 7
  • 9. Impact of Meaningful Reward and Recognition Of those who do feel Of those who do not meaningfully feel meaningfully rewarded & rewarded & recognized recognized 82% would strongly endorse my 27% company to friends and family as a great place to work 82% feel their workplace is a 30% great place to work. 86% would stay with their 44% current company if given the chance to do the same work at the same pay for a different company. 86% feel motivated to go 40% beyond my formal job responsibilities to get the Employee Insight Study of Over 1000 U.S. Employees job done. Employee Insight Study of Over 1000 U.S. Employees Conducted by Maritz (October 2011) Conducted by Maritz (October 2011) Proprietary and Confidential © 2012 Maritz 8
  • 10. 1 2012 SHRM 2 2011 BlessingWhite Employee Engagement Report 3 2011 Aberdeen Group, “The Engagement/Performance Equation” Proprietary and Confidential © 2012 Maritz 9
  • 11. Why this Impact? Proprietary and Confidential © 2013 Maritz Proprietary and Confidential © 2012 Maritz 10
  • 12. Insights into Human Motivation Proprietary and Confidential © 2013 Maritz 11 Proprietary and Confidential © 2013 Maritz 11
  • 13. A bridge between the latest human science research and the new normal of today‟s business environment. Proprietary and Confidential © 2013 Maritz Proprietary and Confidential © 2013 Maritz 12
  • 14. People Principles People are rational and emotional. People are individual and social. People are driven by multiple motivators. Proprietary and Confidential © 2013 Maritz 13
  • 15. People Are Driven By Multiple Motivators acquire bond Drive to acquire Drive to engage, stuff, status, cooperate, “fit in” rewards, resources to the community choice Drive to defend „what‟s ours‟: Drive to “create” status, stuff, ideas, better self, team, relationships… organization, world defend create Based on the work of Paul Lawrence and Nitin Nohria at Harvard Business School ©2012 The Maritz Institute. All rights reserved. Proprietary and Confidential © 2013 Maritz 14
  • 16. Employees are People First Proprietary and Confidential © 2012 Maritz 15
  • 17. Recognition is a vehicle for human potential. Proprietary and Confidential © 2013 Maritz 16
  • 18. Four-Drive Impact of Reward & Recognition acquire bond • Acquire status for • Connect, bond with expertise, others contributions • Shape cultural • Rewards create a norms, „drops‟ memorable, • Teams, Community associative Celebrations experience choice • Fair and equitable • Mirror, see impact program • Strategy, goals and parameters values-alignment • Defend program, • Learning and company, culture, growth relationships, status • Experiences defend create Based on the work of Paul Lawrence andNitin Nohria at Harvard Business School ©2012 The Maritz Institute. All rights reserved. Proprietary and Confidential © 2013 Maritz 17 17
  • 19. What’s Love Got to Do With It? Oxytocin Brain Chemical The Trust Hormone The Love Molecule “… simple peptide (that) allows people to have empathy for and sustain trust in those around them.” – “The Neurobiology of Trust”, Dr. Paul Zak - 2008 Scientific American Inc. Proprietary and Confidential © 2013 Maritz 18
  • 20. Proprietary and Confidential © 2013 Maritz Maritz Engagement Poll - 2012 Proprietary and Confidential © 2013 Maritz 19
  • 21. “Trust is the platform on which employees interact with each other and with clients...” - Dr. Paul Zak, Neuroeconomics and the Firm Proprietary and Confidential © 2013 Maritz Proprietary and Confidential © 2013 Maritz 20
  • 22. “When trust is low, people focus their energy on their own protection and survival…” “High trust companies have high productivity and greater stock market returns than low trust companies…” “Without trust, organizational goals will literally fall on deaf ears.” Neuroeconomics and the Firm Proprietary and Confidential © 2013 Maritz Proprietary and Confidential © 2013 Maritz 21
  • 23. PAD-TEAA Praise Transparency Anticipation Empathy Autonomy Delegation Authenticity Proprietary and Confidential © 2013 Maritz 22
  • 24. Science of Influence Principles of Ethical Influence • Reciprocation • Scarcity • Authority • Consistency and Commitment • Liking (Friendship, Social Proof) • Consensus Proprietary and Confidential © 2013 Maritz 23
  • 25. Influence Through Recognition Recognition facilitates… • Liking and Social Proof – which drives behavior • Consensus – through developing cultural norms • Authority and Liking - which supports alignment and purpose Proprietary and Confidential © 2013 Maritz 24
  • 26. The Value of Positive Experiences Proprietary and Confidential © 2013 Maritz
  • 28. Proprietary and Confidential © 2013 Maritz 27
  • 29. Fredrickson, 2003 “The Value of Positive Emotions” Proprietary and Confidential © 2013 Maritz
  • 30. Proprietary and Confidential © 2013 Maritz 29
  • 31. “I try to come into work everyday and be the person they described me to be…” trulyhumanleadership.com Proprietary and Confidential © 2013 Maritz
  • 32. and ALIGN Proprietary and Confidential © 2011 Maritz
  • 33. How to Ensure Successful Recognition Maritz’ Ten Tenets of Enterprise Recognition • Commit from the Top • Empower Managers * Tosti & Jackson 1994 • Ensure Meaningful Recognition • Measure Success • Consolidate Efforts • Decentralize Ownership • Recognize Real-Time Contributions • Apply Consistently and Equitably • Continuously Improve • Align With Strategy, Culture Proprietary and Confidential © 2013 Maritz 32
  • 34. Design Impactful Programs and Experiences • Programs communicate and recognize aligned behaviors • Recognize leadership and trust- building behaviors • Empower employees to give both recognition and reward • Incorporate social strategies, celebrations, experiences • Skills: BET Recognition ModelSM • Behaviors – Recognize behaviors, process, effort • Effect – Express the impact • Thanks – Express sincere, authentic appreciation • Build recognition muscle • Understand preferences • Measure satisfaction Proprietary and Confidential ©© 2013 Maritz Proprietary and Confidential 2013 Maritz 33
  • 35. Measuring Impact Baseline, Benchmark, Program Engagement Business Impact Modeling • # employees • Enrollment • Program satisfaction • Average salary • Participation/ and attitudes • Business groups and recognitions • Cultural behavior employee segments • Reward earnings and change • Culture, criteria and redemptions • Employee behaviors • Goal attainment engagement, • Identify target impact • Web activity retention, productivity metrics (engagement, • Training/Learning • Return on Objective retention, productivity, • Call center activity • Return on Investment cSat) • Etc. • Etc. • Participant attitudes and values Proprietary and Confidential © 2013 Maritz 34
  • 36. Simple Retention Impact Formula 1) Estimate Cost of Attrition: Number of employees: 5,000 Annual attrition rate: 5% Average salary: $50,000 Investing $3.75M in *Annual attrition cost: $31.25M recognition can *Cost to replace employee 2.5 x salary produce attrition savings of $6.25M, 2) Estimate Investment: resulting in a net R&R budget based benefit of $2.5M. on x% of total salaries: 1.5% Investment calculation:$3.75M 3) Estimate Retention Benefit: Retention improvement: 20% Calculated benefit: $6.25M Proprietary and Confidential © 2013 Maritz 35
  • 37. Productivity Benefits 1 2 3 What if you are able to improve your employees' So how much should you spend on What is your current situation? productivity? employee recognition? How many employees do you have? 15,000 A value can be assigned to employee productivity based on your Set aside 0.5%-3% of annual salaries 1.5% employees' overall level of engagement and average salaries.^ for your employee recognition What is their average annual salary? $50,000 Fully Engaged 120% Your employee reward and $11,250,000 Normal Engaged 100% recognition budget should be… Somewhat Disengaged 80% Disengaged 60% By investing $11,250,000 in employee recognition, and generating an additional $37,500,000, your net productivity gains could be $26,250,000. What percent of your employees could Which could be What percent of your employees are…* be… worth… 4 Fully Engaged 10% Fully Engaged 15% $45,000,000 What is your return on investment? Normal Engaged 35% Normal Engaged 45% $75,000,000 $40,000,000Your cost savings Your investment ROI Your $35,000,000 $37,500,000 $37,500,000 $11,250,000 $26,250,000 # Somewhat Disengaged 35% Somewhat Disengaged 25% ($60,000,000) $30,000,000 $11,250,000 # Disengaged 20% Disengaged 15% ($22,500,000) $25,000,000 $26,250,000 $20,000,000 Total 100% Total 100% $15,000,000 By better engaging your employees, $10,000,000 $37,500,000 you could generate an additional… $5,000,000 * According to a 2011 BlessingWhite Employee Engagement Report and a Q3-2011 Employee Engagement Index, less than 1 in 3 employees worldwide are "engaged" and $0 nearly 1 in 5 are "disengaged". ^ http://www.thesocialworkplace.com, 2012 Your cost savings Your investment Your ROI Proprietary and Confidential © 2013 Maritz 36
  • 38. Proprietary and Confidential © 2012 Maritz 37 37
  • 39. Recent Article “Engagement is forged with different tools: trust, loyalty, open communication, clearly- articulated goals and expectations, shared values and well- understood reward systems.” Proprietary and Confidential © 2013 Maritz 38
  • 40. Recognition is more than a nice thing to do, it is an act of leadership, a growth-producing, social interaction that creates both better business and better lives. Proprietary and Confidential © 2013 Maritz 39
  • 41. Thoughts? Questions? Proprietary and and Confidential2013 Maritz Proprietary Confidential © © 2012 Maritz 40
  • 42. @michpoko www.maritzmotivation.com/blog Proprietary and Confidential © 2013 Maritz 41

Notes de l'éditeur

  1. Connection to engagement, and key business metrics.
  2. Our Maritz Research Engagement Pollshowed again in 2012 top line engagement scores more than double when an employee is consistently and meaningfully recognized. We are more emotionally committed to our work when well recognized and rewarded
  3. Our Maritz Research Engagement Pollshowed again in 2012 top line engagement scores more than double when an employee is consistently and meaningfully recognized. We are more emotionally committed to our work when well recognized and rewarded
  4. The study confirmed a strong relationship exists between employees who feel meaningfully recognized and greaterengagement indicators. Statistics include:
  5. And when effective structured strategic recognition programs are in place in organizations, here are some numbers worth paying attention to: Companies can enjoy….
  6. Why in the world , how could recognition be so influential, highly correlated with these types of personal and business outcomes?
  7. Take a look at why? Start with great new insights into human motivation.
  8. More Science!Privileged to get to meet and get to know Dr. Cialdini, this is a recent book and he is well known for his study and writing about the science and practice of influence. He has identified 7 principles of influence. They are….
  9. In a study of nuns, researchers studied their auto-biographical sketches written in the 1930s. They discovered that 90% of those who expressed the most positive emotions, who wrote about experiences and feelings of happiness and “eager joy” were alive and well at age 85, compared to only 34% of the least cheerful quarter. Launched other studies in positivity.
  10. Recognition and reward experiences create opportunities for really positive drops, they create and connect memories of work behaviors and contributions when we are rewarded and recognized for them.
  11. In many organizations, engagement surveys include questions that allow for correlating the satisfaction with reward and recognition to overall engagement, but there are other ways to measure the impact. High level measurement framework:Start by baselining what you know, identify some impact metrics you can measure, begin measuring program engagement and activity, then calculate agreed upon impact metrics, including engagement, satisfaction, retention, CSAT, safety, wellness, etc.
  12. Let’s just look at retention. Remember SHRM reported orgs could enjoy up 51% greater employee retention when strategic, effective recognition is practiced.
  13. Productivity
  14. I like how Forbes framed ‘engagement’, which is really becoming an overused term.