HRO Today April 2017 - 38

Workforce Management
The Business Case
for Recognition
Data and technology are helping to provide the ever-elusive
return-on-investment metrics for incenting employees.
By Marta Chmielowicz
Can recognition programs deliver business results that
directly impact the bottom line? This question has
preoccupied HR professionals for years, but with the
recent surge and accessibility of data, the answer is
closer than ever before.
And it comes not a moment too soon, for the current
state of the U.S. economy and workforce is making the
stringent measurement and effective use of recognition
increasingly critical to good business. " Because of
the 2008 economic meltdown, more emphasis has
been added to determine investment effectiveness
throughout all aspects of corporate management, "
[38]
HRO TODAY MAGAZINE
| APRIL 2017
says Jim Costello, managing director of incentive
engagement at Meridian Enterprises Corporation.
Faced with talent defi cits and a rapidly changing
workforce, organizations must act quickly to improve
their recognition programs and maximize workforce
performance, talent attraction, and retention.
" Nowadays, the challenge of measuring ROI has really
become an opportunity for companies ... to attach real
business value to their recognition strategies, " says
Vanessa Brangwyn, vice president of customer success at
Achievers.

HRO Today April 2017

Table of Contents for the Digital Edition of HRO Today April 2017

HRO Today April 2017 - 1
HRO Today April 2017 - 2
HRO Today April 2017 - 3
HRO Today April 2017 - 4
HRO Today April 2017 - 5
HRO Today April 2017 - 6
HRO Today April 2017 - 7
HRO Today April 2017 - 8
HRO Today April 2017 - 9
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HRO Today April 2017 - 11
HRO Today April 2017 - 12
HRO Today April 2017 - 13
HRO Today April 2017 - 14
HRO Today April 2017 - 15
HRO Today April 2017 - 16
HRO Today April 2017 - 17
HRO Today April 2017 - 18
HRO Today April 2017 - 19
HRO Today April 2017 - 20
HRO Today April 2017 - 21
HRO Today April 2017 - 22
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HRO Today April 2017 - 24
HRO Today April 2017 - 25
HRO Today April 2017 - 26
HRO Today April 2017 - 27
HRO Today April 2017 - 28
HRO Today April 2017 - 29
HRO Today April 2017 - 30
HRO Today April 2017 - 31
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HRO Today April 2017 - 34
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