What’s Inside Our Employee Recognition Buyer’s Guide?

Recognition

January 7, 2022

Taryn Hart

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X min

3 min

You are the expert on your needs and what makes your workforce unique. Complete with self-assessment worksheets, ROI calculations, platform evaluation checklists, and so much more, this guide will help you find the perfect partner.

Senior leader uses Kudos' Employee Recognition Buyer's Guide to make sure she chooses the right program for her company.

Table of Contents

Don’t shop for a product. Shop for a solution.

Employee recognition is a key pillar of your overall business performance. Finding the right tool to keep employees engaged can be overwhelming, so we’ve created an Employee Recognition Buyer’s Guide to help you make the best decision.

Our guide is a comprehensive overview of how to choose the right employee recognition solution for your company’s culture, goals, and budget. You are the expert on your needs and what makes your workforce unique. Complete with self-assessment worksheets, ROI calculations, platform evaluation checklists, and so much more, this guide will help you find the perfect partner.

What is a Buyer’s Guide?

A buyer’s guide helps customers make purchasing decisions. Our guide will simplify each step so you can make the best decision for your organization’s needs. We’ve broken it down into 5 simple sections:

  1. Employee Recognition Overview
  2. Organizational Needs Assessment
  3. Tips on Key Stakeholders, Timeline, and Budget
  4. Platform Evaluation Worksheet
  5. Building Your Business Case

1. Employee Recognition Overview

Employee expectations have changed. Today’s leading organizations understand that money, time off, and rewards are no longer a primary driver in a desired workplace. Today’s employees expect meaningful and memorable recognition. The focus has shifted to building a strong culture through engagement, shared values, and performance-centered recognition. Our guide will walk you through the impact of employee disengagement and the benefits of a formal recognition program.

2. Organizational Needs Assessment

There are many great employee recognition solutions on the market; it’s up to you to determine which one is right for your business. Our guide includes a self-assessment worksheet to help you decide which platform best suits your organization’s needs. Each answer to our strategic questions will identify the main problem you need solutions for. Our self-assessment exercise contains insightful topics like:

  • HR Challenges and Pain Points: Are you experiencing higher employee turnover than usual? What have your employees shared in recent exit interviews?
  • Your Current State: What are you currently doing to engage and recognize your employees? How are you measuring success?
  • Values and Culture: What changes would you like to see in your organization’s culture?

3. Tips on Key Stakeholders, Timelines, and Budget

Many important factors go into selecting a recognition platform; key stakeholders, timelines, and budgets just scratch the surface of what to keep in mind. Our guide will help you answer all these questions, and more:

  • Implementation and Support: What does the onboarding process look like? Will you have continued support before and after your purchasing decision?
  • Integrations: Is the platform capable of integrating with your existing technology?

Who are the key stakeholders in my organization?

Deciding on an employee recognition platform impacts many parts of your organization.It’s important to identify who your key stakeholders could be in the decision-making process. In our guide, you will find key takeaways to consider when reaching out to your stakeholders about an employee recognition platform. It’s important to remember your HR team will have different questions and concerns than your CFO or CEO.

When should I launch my employee recognition program?

Our guide includes all the questions and topics you should discuss with your key stakeholders about a timeline. Whoever you choose to partner with will help you develop a realistic plan – including us. Kudos has a team of dedicated Onboarding Specialists who can assist you in all aspects of your program launch.

How should I budget for an employee recognition program?

Building a budget can be difficult – that’s why our guide includes important factors to consider when evaluating quotes from different employee recognition platforms. For more solutions on building your budget, you can also read our article on budgeting for employee recognition.

4. Platform Evaluation Worksheet

Our included worksheets make it easy for you to compare different platforms and ultimately find the right solution for your organization. You’ll be able to measure ROI, the cost of disengagement, and use detailed checklists to keep track of the various features each platform offers.

5. BuildingYour Business Case

Even if you’ve selected a platform that satisfies all your organization’s needs, you’ll need a compelling presentation and business case for your executive team. We included a simple, but informative framework for successfully presenting your solution to stakeholders. These suggestions will help you create a convincing business case to win over your executive team, so you can move forward with your purchasing decision.

Successful organizations understand that employee recognition matters more than ever before. You’re already on the right track to creating a positive impact on your organization’s culture, and we want you to find the right solution. Make your decision easier by downloading your free copy of our Employee Recognition Buyer’s Guide today.

Muni Boga: One of Canada’s Most Admired CEOs

Muni Boga: One of Canada’s Most Admired CEOs

“From day one, we have emphasized that Kudos is a safe and open environment for both our leadership and team. This encourages innovation and client-centric thinking – both key drivers in our success. Not to mention, it‘s the right thing to do.”

Muni Boga
CEO, Kudos

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About Kudos

Kudos is an employee engagement, culture, and analytics platform, that harnesses the power of peer-to-peer recognition, values reinforcement, and open communication to help organizations boost employee engagement, reduce turnover, improve culture, and drive productivity and performance. Kudos uses unique proprietary methodologies to deliver essential people analytics on culture, performance, equity, and inclusion, providing organizations with deep insights and a clear understanding of their workforce.

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