HRO Today July/August 2017 - 53
HRO Today Forum
Rideau's Vistance platform provides managers a RQ score to see how they compare to others and areas where they can improve.
that the top priority for job seekers worldwide was
being appreciated for their work. In comparison, salary
was number eight.
According to Rideau Recognition CEO Peter Hart,
the desire to create a company culture that attracts,
retains, and engages people using recognition was
the main impetus behind the Vistance platform, which
won the 2017 HRO Today Forum North America iTalent
Competition in May. The iTalent Competition seeks to
recognize companies for innovative new technology
that improves HR, recruitment, or talent management
processes.
" Ninety percent of companies have recognition reward
programs, yet according to the Gallup organization,
more than 60 percent of employees don't truly feel
valued or appreciated, " Hart says. Furthermore,
research has shown that the absence of recognition in
the workplace was the second leading cause of stress
and burnout among employees, and that these effects
were not mitigated by rewards.
These statistics highlight a major difference between
recognition and rewards that was never proven before
the development of Vistance. " Our entire industry has
been built around the reward, and many people think
that just giving something to the employee is what
recognition is all about-but this is not true, " Hart
says. " Recognition is a feeling-an intangible thing. "
According to Hart, Vistance is the first platform to take
an analytical, data-based approach to recognition that
measures the relationship between various methods
of recognition and key indicators of performance
and uses this data to identify ways to implement
more effective recognition programs. With this data,
Vistance can predict future employee behaviors as well
JULY/AUGUST 2017
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HRO Today July/August 2017
Table of Contents for the Digital Edition of HRO Today July/August 2017
HRO Today July/August 2017 - 1
HRO Today July/August 2017 - 2
HRO Today July/August 2017 - 3
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