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Fostering a positive culture through recognition programs

Fostering a positive culture is more crucial than ever in today’s competitive business landscape. One of the most impactful strategies to achieve this is through robust recognition programs and by instilling a culture of recognition through our leaders. These programs not only acknowledge and reward employees for their contributions but also reinforce the values and behaviors that align with a company’s mission and goals.

Key data points:

2x

Employees who do not feel adequately recognized are twice as likely to consider leaving their jobs within the next year.

Source: Gallup

31%

Organizations with effective recognition programs enjoy a 31% lower voluntary turnover rate compared to those without such programs.

Source: SHRM

44%

of employees change jobs because they feel underappreciated.

Source: Achievers

The power of recognition

Recognition programs are essential for boosting employee morale, enhancing retention, and promoting the positive behaviors that are vital for a thriving workplace culture. They encourage employees to go above and beyond, driving innovation and fostering a creative, problem-solving mindset.

Strategic implementation of recognition programs

Implementing an effective recognition program requires a strategic approach. This includes establishing clear criteria for recognition, ensuring that recognition is timely and inclusive, and continuously improving the program based on feedback.

SIG’s commitment to recognition 

At SIG, we understand the transformative power of recognition in creating a positive and engaging work environment. Our comprehensive recognition programs, such as the SIG Shine Awards, celebrate the exceptional achievements of individuals and teams across various categories and locations. The SIG Shine Awards, an annual tradition since its inception in 2019, continue to spotlight and applaud those who have embodied the spirit of SIG by going above and beyond to inspire, innovate, and lead.

Categories for the SIG shine awards:
  • Leader of the Year
  • Team of the Year
  • Sustainability Engagement Initiative of the Year
  • Plant of the Year – Carton
  • Plant of the Year – Bag-in-Box/Spouted Pouch
  • Customer Account Team of the Year
  • Creative Idea of the Year
  • Field Service Engineer/Team of the Year

 

Introducing the global recognition toolkit

In addition to the SIG Shine Awards, we are introducing a global recognition toolkit that provides managers with the resources they need to consistently and effectively acknowledge hard work. These initiatives are integral to our commitment to fostering an inclusive, supportive, and innovative workplace culture.

September 02, 2024
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