BEST TO INVEST
According to the results of the most recent employee recognition survey put out
by the Society for Human Resource Management (SHRM) and Globoforce, organizations that invested 1 percent or more of their payroll in employee recognition
were more likely to have won “best place to work” or similar types of awards
within the prior three years:
A leader takes
people where they
want to go. A great
leader takes people
where they don’t
necessarily want to
go, but ought to be.
>> FROM CHALLENGES
Experience is a powerful teacher.
What kinds of transformative key
experiences are the most important for
developing strong leaders?
>> Working on stretch assignments
and out-of-expertise projects
>> Turning around a failing business
>> Navigating a new culture, new
country or a previously uncharted
customer segment or technology
>> Expanding technical capability
significantly—specifically skills that
enhance agility and digital readiness
>> Leading a cross-functional team on
a mission-critical organizational project
>> Experiencing failure and learning
>> Actively building a network of
supporters that leads to significant gains
for the organization
Source: Gallup, Vibhas Ratanjee, “Experience
Reigns in Leadership Development”
Source: THE 2018 SHRM/GLOBOFORCE EMPLOYEE RECOGNITION REPORT: Designing work
cultures for the human era
1% OR MORE INVESTMENT
LESS THAN 1% INVESTMENT
Source: HandsOn Network: “How to Start an Employee Volunteer Program”
A DIFFERENT BUT STILL IMPORTANT
KIND OF EVP
The benefits of having an employee volunteer program (EVP) cannot be overstated.
Among the plusses: They keep employees engaged, can contribute to skills
development and—of course—give back to communities. So how can your
company put together its own volunteer program?
The Points of Light HandsOn Network has these suggestions:
1 Assess employees’ interests and community needs.
2 Identify business priorities and goals that the employee volunteer
program can meet.
3 Secure top management support.
4 Develop a program structure and program policies.
5 Align volunteering with financial contributions and in-kind support.
6 Measure the program and evaluate results.
7 Establish a recognition or awards program.
8 Publicize your efforts, both internally and externally.