Issue link: https://www.e-digitaleditions.com/i/330423
[ 26 ] HRO TODAY MAGAZINE | JUNE 2014 Recognition Recognition may be the answer to your engagement and retention challenges. By Debbie Bolla Today's recognition programs have quite a heavy load to carry on their shoulders. Organizations expect them to increase loyalty, productivity, and retention. And when executed properly, they are doing just that. Globoforce's 2014 Workforce Mood Tracker survey found that 51 percent of those with values-based recognition programs are happy at work compared to only 35 percent of all respondents. The study also reveals that 73 percent of respondents name recognition as having a positive impact on their overall happiness at work. The Yankee Candle Company is looking to their newly formed recognition program to drive loyalty within the organization. Working with Michael C. Fina for one year, the company enlists a services recognition program to award employee contributions. The program has a custom feel, which Donna Vance, benefits and HR administrative services manager for the firm, calls "uniquely Yankee." "At each service level, employees receive an iconic gift that represents a Yankee Candle product or tradition," she says. "We have received a lot of positive feedback from The Secret Sauce