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Recognition vs. Incentives: What’s the Difference?

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Welcome to the Recognition Council.

Employee engagement, employee retention, and talent acquisition are key issues facing every organization. According to the 2007 Incentive Federation Incentive Travel and Merchandise Study, North American organizations spent more than $14 billion in 2006 to recognize and motivate their employees.

The Recognition Council was formed to provide an awareness of how recognition and rewards, in their many forms, are part of an effective strategy for achieving better business performance. The Council’s focus is to educate and promote the benefits of recognition and rewards to the worldwide business community.

Members of the Recognition Council exchange and promote recognition program best practices. All members benefit from the opportunity to leverage the collective experience and expertise of the Council’s community of recognition professionals.

Employee Recognition and Engagement is a strategic initiative in a growing number of organizations as they come to realize that human capital is the next true differentiator. As market leaders in this space, it is our responsibility to educate and advance the industry.

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