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Productivity and Performance
Asked how they were preparing for a possible recession, the #1 answer from HR leaders was initiatives to increase productivity. But saying it doesn’t make it easy to achieve.
This is a notoriously difficult problem to solve. Productivity is hard to measure beyond certain metrics that apply only to specific roles, such as time on calls or orders processed. In today’s new world of work, most roles do not have this kind of simple productivity metric.
In the HR Preparedness Report research, Achievers Workforce Institute asked respondents to rate their own productivity. The immediate concern with self-reported productivity is that most people will over-estimate their own output at work. However, only 25% of respondents strongly agreed they were their most productive selves at work.
Nine out of ten employees say receiving recognition motivates them to work harder. And the rest of the research is just as compelling.
Recognition frequency correlates strongly with productivity. According to the HR Preparedness Report research, employees who are recognised weekly are three times more likely than those never recognised to say they are their most productive selves at work. The impact is incremental as well – those recognised monthly are 35% more likely to be productive compared to those recognised quarterly.
It’s not just recognition frequency, but a culture of recognition and having access to a robust recognition platform also support productivity at work.
Employees who report using the Achievers recognition platform are twice as likely as those with no platform to say that they are productive at work. In addition, these respondents are 62% more likely to be productive compared to users of other platforms. This shows the importance of having an effective recognition platform, which will drive the specific business outcomes that your organisation is striving for.
One of the biggest differences we see is with respondents who say their organisation has a strong culture of recognition. These respondents are more than twice as likely (2.5x) to say they are their most productive selves at work. This shows the true power of recognition. When it becomes a core part of your organisation’s culture it will drive results, including increasing productivity.
Read more:
HR Preparedness Report HR leaders: 3 steps to recession-proof your teams VP of Total Rewards: The top outcomes of a robust recognition programme Infographic: Recognition to drive productivity and resilience
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by Caitlin Nobes
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