How Organizations Reward and Recognize Employees (KnowledgeGraphic)
On average, organizations spend almost 7% of their HR or talent management budgets to reward and recognize employees. Th
- Claude Werder
- Learning and Development, Talent Management, Talent Acquisition, Human Resources
On average, organizations spend almost 7% of their HR or talent management budgets to reward and recognize employees. This includes the enabling technologies. Brandon Hall Group’s 2017 Rewards and Recognition Study shows that about one-third or organizations expect to increase the budget for the next fiscal year. This KnowledgeGraphic breaks down the types of rewards that are given for various milestones, how rewards and recognition are administered, and the most important metrics for measuring the effectiveness of rewards and recognition technology.
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