HeadingHeadingThis is some text inside of a div block.
Employee Engagement

Rewards and recognition for the Rewarder

The talent of spotting top talent can make or break business. Do you have reward and recognition for a ‘Star-Maker’?

June 3, 2020
by
Manoj Agarwal
Employee Engagement

Rewards and recognition for the Rewarder

Rewards and recognition for the Rewarder

Norma Jeane Mortenson was busy at work in an US military factory when a photographer, out of sheer coincidence, took a picture of her and sent it off to a magazine where it was published. It led to a modelling job for the lucky Ms Mortenson and in time, several Hollywood movies - many of which are considered classics today. You know Norma by her ‘other’ name : Marilyn Monroe.  This article describes why your rewards and recognition strategy needs to cover such ‘talent-spotters’ of your organization.

Happy discoveries such as this – you may call them serendipities – aren’t uncommon for famous success stories. Harrison Ford was a carpenter on an errand at George Lucas’ house when the director just happened to casually look in his direction and find him suitable for his upcoming movie ; The rest, is Star Wars history. Johnny Depp was lazily hanging around the studio (where his friend was giving an audition) when director Wes Craven spotted him and asked whether he was interested in giving an audition himself. Luckily for Depp’s millions of fans, Johnny nodded with a ‘yes’. It was Quentin Tarantino’s dogged faith in Samuel L. Jackson’s potential - Quentin could well be described as Jackson’s first fan in that sense - that led to the actor’s meteoric rise. 

That photographer – just like George Lucas, Wes Craven and Quentin Tarantino – deserve at least half of the glitter and ovation that have been generously showered on their Famous Finds. After all, they spotted the diamond first. Aren’t they the real stars of the story?

There are Georges, Wes’s and Quentins at the workplace too. Not just HR or the team in charge of the R&R (Rewards and Recognition) programs – although they play a stellar role. All those who spot, acknowledge and salute performance are ‘Star Makers’. And standout performers themselves - by the very dint of their selfless and valuable act.     

Awards are great ways to show recognition
Source: Creative Commons

The need for public recognition (and the gratification and fulfilment it produces)  traces itself to a fundamental part of our psyche, and is present in every worker. In the business context, the role of rewards and incentives in moving the needle for P&L and balance sheets is well documented.

85% employees are more engaged when incentives are attached

Nearly 85% of respondents in a survey said that they felt more engaged and motivated to deliver their best performance when there was an incentive attached. 

Not surprisingly, a whopping 90% of large enterprises are using technology and digital to whip their rewards and incentive programs up in shape.(If you’re not one of them, EMPULS offers a great way to kick start the transformation). However, having an R&R plan in place is just 50% of the story. The other 50, is about implementing it. 

After all, the only thing that engages a rockstar performer (indeed, any worker) more than the PROMISE of incentives and rewards at work, is the ASSURANCE that they will be distributed fairly and disbursed promptly. A sound and fair R&R strategy – along with an interactive and responsible culture that is quick to recognize and compliment good work - lends credence and validation to that promise by converting it into reality. In the process, it generates what is probably the most powerful fuel for employee productivity and business results.  

Significance of rewards and recognition for Talent spotters

SPOTTING RARE TALENT IS A RARER TALENT

Simply put, it isn’t easy. A big reason for that is that it is not always, and not entirely, a ‘process and technology’ game. Yes, it is important to have appropriate frameworks, methodologies and technologies to deploy, measure and manage the vital KPI of nurturing standout guys in the team. But just like in cricket, the score or the stats don’t often tell the full story. 

Sometimes, it’s equally about the not-so-obvious or overt things : ‘Ambient factors’ like pitch conditions, match situation, stakes, rivalry, ambition.

Similarly in the workplace, while technology and process will certainly help you understand who’s-who-exactly (and what each is upto) in the value chain, personal intuition and passion often helps to plug the logic gaps, implement the true intent of R&R and ‘complete the jigsaw’ in the right spirit, so to speak. 

In other words, the ‘human element’ that can help you separate deep-fakes from deep-facts, differentiate between reality and truth (the two aren’t always the same), place your finger on the ‘defining moments’ that make a project successful - and most importantly, map it all back to the performers who made them happen. Even if (indeed, especially if) these souls prefer to live under a rock or operate behind-the-scenes. 

That intuition – the missing link or ‘X Factor’ in the equation – is as much a ‘natural gift’ as an ‘acquired taste’, and can come from anywhere (department/function) and anyone (role/hierarchy) in the organization. 

It comes from years spent sharpening the skill and perfecting the art of spotting a panda in a bunch of teddy-bears. It comes from a passion to make a ‘genuine difference’ to the business bottomline by backing the right horse. It comes from a zeal for delivering credit where it is truly due. It comes from a conviction that a ‘Thank You!’ note that is delayed, is a pat-on-the-back that is denied.

And it comes from pride in the overarching organization purpose and journey. Put together, it makes for a rare kind of talent. And put a new spin on the term Human Resource : Yes, ‘Talent Spotters’ are the ‘human resource’ you need to start tracking and pampering with equal rigor!  

TIME FOR A RETURN GIFT? 

It’s time for R&R programs to evolve from an ‘evening of claps and cakes’ to a universal mindset across the organization. The practise of saluting hard work, courage and commitment correctly and consistently is a strategic and powerful business tool.

It attracts the best talent from the market by positioning the company as a ‘Great Place to Work’ and helps the organization maintain competitive edge by unlocking the true potential of its employees and teams. 

The considerable emotional involvement and unquestionable impact of anyone who recognizes excellence and dignifies it with kudos & laurels therefore deserves an appropriately reciprocatory gesture. To these special folks who add the extra drive to business results (without appearing to do so), it is therefore time to say “Thanks for doing the right thing, dude!” Let’s make it a habit. 

HELP YOUR R&R HEROES DO THEIR JOB BETTER.

  • Recognition for Awardees
    Devise a special Employee Rewards and  Recognition program for anyone who R’s and R’s.
  • Milestones
    Celebrate their milestones at every step – at team meetings, over the intranet, in staff newsletters.
  • Empower
    Optimize authority zones flows to help them function free-r.
  • Maker RnR integral
    Shuffle the organizational matrix to integrate R&R (in both letter and spirit) with core work-flows.
  • Make rewarding easy
    Offer everyone across the organization with the nuts & bolts needed to spot top talent and incentivize productivity accurately, easily and quickly - by having the appropriate technology innovations in place.
Ebook on Building a Culture of Feedback


Get in Touch

Get in touch to help us understand your requirement a little better. We will get back to you with a demo tailor made for your business needs.

Book a Demo

Read Next

Stay updated on engagement, rewards,
incentives and benefits trends
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.