Recognition: the forgotten component of Reward programs

Recognition: the forgotten component of Reward programs

The concept of recognition is as old as time itself. In the corporate world, almost every organisation has a formal recognition program (and every organisation has a program of some sort). The program would seek to energise, motivate and enthuse for extraordinary acts. The program outlines an approach to identifying one-off instances of performance or activity beyond the call of duty, or demonstrating imagination, enthusiasm or customer orientation; the design would involve a small cash award, a hefty dose of ego-gratification (meet the CEO, get your photo and a write-up in the company magazine of e-zine and accolades from your peers, and so on). In most cases, these programs are launched with fanfare, have a great initial burst of energy, publicity and solemn speeches about how important people and their motivation are to the entire business and then …

Almost every organisation reports that the program gasps for breath after a while. It doesn’t deliver the desired results.

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Sameer Nagarajan

currently is the Global Chief People Officer for Erba Diagnostics and is based at Dubai. With having more than three decades of rich professional experience, Sameer has worked across geographies in leadership roles and contributed immensely in business transformation through people practices. He has worked with organisations like cadila, Dabur international and Unilever Srilanka among others.

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Sameer Nagarajan

currently is the Global Chief People Officer for Erba Diagnostics and is based at Dubai. With having more than three decades of rich professional experience, Sameer has worked across geographies in leadership roles and contributed immensely in business transformation through people practices. He has worked with organisations like cadila, Dabur international and Unilever Srilanka among others.

March 2024

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