Recognition & Rewards Trends For 2023

The workplaces are still recovering from the pandemic-caused challenges, the workforce is adapting to new ways of working, and HR departments have witnessed a major overhaul in how they run their day-to-day activities.

Recognition and Rewards is a system that has been proven to work; successful R&R programs stimulate morale and job satisfaction, increase productivity, and improve employee engagement and talent retention. According to Deloitte, employee productivity, performance, and engagement are 14% higher in organizations with recognition programs than in those without them.

These days, companies face talent shortages and a need to rethink their talent strategies to close the skill gaps and secure their top talent from leaving. A corporate reset is a unique chance to define the future of work, but only when companies are responsive to the workforce’s needs.

recognition rewards trends

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Why today’s workplaces rely on a well-executed R&R strategy to accomplish company goals

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What is changing in the R&R practice, and what can we expect in 2023

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Best practices for creating a supportive culture of appreciation that future proofs your organization for change


ivana boshkovska

Ivana Boshkovska

Product Owner for JobPts at Semos Cloud