How Digital Recognition Tools help HR control turnover rate

How Digital Recognition Tools help HR control turnover rate

Building a positive work culture is a daunting task for most Human Resource professionals as they lack proactive recognition tools. This is one of the major reasons why HR recruiters find it difficult to control high attrition rates as they continue to have conventional recognition methods in their toolkit. But a recent study states that the intrusion of digital employee recognition strategies into the HR functions helped HR professionals achieve over 52% retention rate.

What does Recognition do?

 

Since employee recognition is a round-the-year process, resource managers can optimize diverse digital recognition platforms to boost employee engagement. As traditional recognition methods turn out to be highly rigid, time-consuming, and expensive, unstructured digital recognition changed the gears in the HR strategy that not only arrested high attrition rates but also fueled business growth.

Here are some popular next-generation digital employee recognition strategies that helped HRMs to build trust and morale, engagement and performance in a more flexible, smarter, and quicker way.

News Feed

 

News Feed is one potential recognition tool that Human Resource teams use to connect with their employees and recognize their effort personally on a common platform by way of announcements and messages. This recognition tool is one effective means where HR recruiters have found to effectively engage employees with the company’s culture. The recognition tool is free from control or hierarchical intervention and is believed to create a 36% impact on business growth and an accelerated employee efficiency rate.

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Celebrating Milestones

 

HR Managers should pro recognition champions as a way to innovate company culture and retain the best talent in companies. Resource managers by sending messages through digital greetings cards on birthdays, wedding anniversaries, or professional achievements have invariably boosted employee morale. Hosting parties to celebrate the milestone occasionally or quarterly meetings to award performers with certificates or gift vouchers regularly.

Voice of Employee Platform

 

Pandemic posed a major challenge to human resource teams across the globe to get the pulse of what employees were feeling and their expectations. To achieve this, HR recruiters leveraged the digital VoE platform to collect responses, expectations, and feedback from their employees to build people-centric strategies to enhance employee experience and satisfaction levels so as to sustain the productivity and growth strategy of the company.

Online Health Counsellors

 

Employees are the potential assets to a company and with the onset of the COVID-19 pandemic, the health of millions of employees came under immense risk. To overcome challenges, HR made employees’ welfare and wellbeing the top priority by appointing online health and wellbeing counselors and training sessions to teach best health practices for employees working from home. Employees’ health had a direct impact on the business performance and growth and technology became a favorable tool to recognize their value in times of crises and HRMs embracing tech-health solutions were able to win employees’ positive engagement and cooperation during crises.

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API

As pandemic discouraged social interactions and most employees were on a Work From Home mode, human resource teams strategically deployed APIs and other digital communication tools like Microsoft Teams, Zoom Meet, Google Meet, G Suite, Outlook, and Slack to help peers and managers track the work progress and understand the performance of employees and guide them about short and long-term goals as well as convey appreciation messages in a more timely and public way.

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XLRI-HR, HRM, People Analytics, hrm transformation, hr analytics