Performance Based Recognition Programs

Phase 1: Setup and Criteria Definition

1. Define Performance Metrics

‍Establish clear, measurable performance indicators relevant to each role or department.

2. Develop Recognition Criteria

‍Set thresholds for recognition based on performance metrics.

3. Choose Reward Types

‍Select appropriate rewards, such as bonuses, gift cards, extra time off, or public acknowledgment.

Phase 2: Monitoring and Evaluation

4. Track Performance

‍Utilize software or tools to continuously monitor employee performance against set metrics.

5. Periodic Reviews

‍Conduct monthly or quarterly reviews to assess which employees meet or exceed the criteria.

Phase 3: Recognition and Rewarding

6. Announce Winners

‍Publicly acknowledge the employees who have met the performance criteria during company meetings or via internal newsletters.

7. Distribute Rewards

‍Provide rewards in a timely and celebratory manner to ensure the impact of recognition.

8. Feedback Session

‍Hold a feedback session with recognized employees to discuss their achievements and encourage continuous improvement.

Phase 4: Program Evaluation and Adjustment

9. Collect Feedback

‍Gather feedback from participants and observers to evaluate the effectiveness of the program.

10. Adjust Program

‍Make necessary adjustments to the recognition criteria, rewards, or overall process based on feedback to better suit organizational goals and employee expectations.