Live Webinar
Praise vs Profit: Driving Engagement and Productivity with Social and Monetary Recognition
There's no doubt in the data: frequent recognition is a key driver of motivation and retention. The new 2023 State of Recognition report from Achievers Workforce Institute shows increasing employee recognition has a high potential return on investment. In fact, individuals who are recognized at least monthly have higher job commitment than those who receive recognition quarterly or less often. But does recognition require money or points to be effective? Or could a simple, meaningful "thank you" be enough to move the needle on engagement and retention?
In this webinar, we'll dive into the different roles that social and monetary recognition play in helping drive business results and explore best practices for increasing recognition frequency and impact.
Join us to learn:
- How social vs monetary recognition contribute to creating a culture of appreciation
- Data-backed best practices for increasing recognition quality and quantity
- Real-world examples of how you can optimize your organization's recognition program to drive engagement, retention, and productivity
Speakers
Dr. Natalie Baumgartner
Chief Workforce Scientist, Achievers Workforce Institute
Norm Sabapathy
Executive Vice President – People, Communications & Technology, Cadillac Fairview Corporation
Natalie has spent her career advising companies of all sizes, from entrepreneurial startups to Fortune 500 firms, on issues related to company culture. Specifically tackling key hire assessment and portfolio due diligence issues, she’s found success analyzing what most overlook – the human element. She holds a Ph.D. in Clinical Psychology with a specific focus on assessment and additional training in strength-based psychology.
Norm Sabapathy
Executive Vice President – People, Communications & Technology, Cadillac Fairview Corporation
Norm Sabapathy is a C-suite executive with 25 years of management experience with global, multi-billion-dollar industry leaders in industrial, transportation, manufacturing, services, food, consumer packaged goods, commercial real estate and investment sectors.
Norm is currently Executive Vice President – People, Communications & Technology at Cadillac Fairview Corporation (CF), a global owner, operator, investor and developer of best-in-class real estate across retail, office, multi-family residential, industrial, life sciences & mixed-use asset classes.