Using the Drivers of Appreciation to Support People and Profits

Using the Drivers of Appreciation to Support People and Profits

Appreciation and recognition are sometimes used interchangeably, but appreciation is both more complicated and more powerful. Recognition is thanking someone for an action they performed, yet appreciation is about showing gratitude for who they are as a whole person. The Haas School of business found recognition increases effectiveness and productivity by 23%, whereas appreciation drives a 43% increase. Therefore, while they are both important and powerful, understanding how to create a culture of appreciation is a game changer for individual managers and the organization.

In this presentation, you will learn about The Appreciation Index report from Reward Gateway | Edenred and its findings regarding the state of appreciation in the U.S., the business impacts that result from a culture of appreciation, and which demographics are more and less likely to feel appreciated at work.

You will also learn which of your employee groups are most at risk of feeling underappreciated. Finally, the presentation will also provide insight into specific strategies the organization and you can use to support the five top drivers of appreciation that were determined by this research: feeling recognized by managers, feeling rewarded for hard work, feeling a sense of belonging, feeling supported by managers, and receiving organizational praise.

• The Appreciation Index report from Reward Gateway | Edenred and its findings regarding the state of appreciation in the U.S., the business impacts that result from a culture of appreciation.
• Which demographics or groups within your organization are more and less likely to feel appreciated at work.
• Specific strategies you and your team can use to support the five top drivers of appreciation: feeling recognized by managers, feeling rewarded for hard work, feeling a sense of belonging, feeling supported by managers, and receiving organizational praise.