Recognition and feedback using crowdsourcing is one of the metrics to be
tapped into. Last year there were many companies surveyed, of which more than
half were said to have reviews done only once a year. Employees still felt
overwhelmed nevertheless when reviews for them were made on a frequent basis
and from various sources that too. The input through crowdsourcing thus brought
about accuracy and effective recognition programs, and what came about were;
More than half of the companies surveyed said they used or would use
social recognition which would empower internal employees to honour and
recognise one another for a good job done.
Around seventy percent agreed to crowdsourcing recognition which would
help bring in more transparency for performance reviews, and
Seventy four percent of the companies at the moment consider or
currently use mapping recognition awards and want to do away with ratings and
rankings respectively.
Frustration lowered
Another metric to tap into and which would help bring about more
productivity would be recognition investment. The survey done last year spoke
about the relationship between job satisfaction and productivity for an
employee, and the company recognition program invested in. When there were
higher budgets allocated, frustrations were lesser and productivity was more as
compared to a case au contraire. Results and findings from the survey said;
More than half of the employees doubled on the productivity levels in
their workplace, in comparison to companies that spent less on such recognition
services
Frustration levels were fifty percent lower when such recognition
services were in place, as compared to with companies that do not follow such
strategies
Prize and Praises
Motivation is important or else the spirit sinks, and couple praise with
a prize, companies have a happy bunch working for them.
More than eight percent of employees are motivated when praises are
bestowed on them, and a reward given to them as well, as compared to companies
that offer only praises sans a prize
Positive feedback say ninety percent of employees has a major impact on
how employees perform, in comparison to belittling negative feedback in the
garb of motivation.
With crowdsourcing performance reviews following the aforementioned
metrics in place, a paradigm shift was noticed, especially in the Human
Resource industry. With innovative and creative ways to use crowdsourcing, the
reviews that came by were profound and one of a kind. Within and from outside
the organisation, when crowdsourcing performance was done with all metrics in
place, companies realised the internal employees needs better. It was a
snowball effect as seen, where employees got what they wanted and were happier,
which in turn brought about better productivity on the whole.
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