of best-in-class organizations stated employee recognition is extremely valuable in www.paylocity.com/product-tour/talent-management/ Want to learn more about Paylocity’s peer-to-peer recognition tools? When an employee is recognized by a peer, he or she is the behavior that earned the recognition. Peer-to-peer is more likely to have a positive impact on than manager-only recognition. 5 of companies that use peer-to-peer recognition have seen in customer satisfaction. 5 With peer-to-peer recognition everyone has a chance to offer feedback, which taps into the need for Gen X and Millennial employees to Peer recognition instills a sense of team spirit, employees to do great work, and promotes openness and transparency. 4 WHY PEER-TO-PEER RECOGNITION WORKS Peer-to-peer rec·og·ni·tion: [rek-uh g-nish-uh n] The genuine expression of appreciation between co-workers. 2 Because it produces a Doing the behavior feels great — and being recognized for it does too. 3 60% Those who anticipate recognition for their future successes: 1 Recognition from peers may come as a surprise, which can have a very impact. 4 Give a higher proportion of their full Look for ways to the way they do their work double-dopamine rush: positive 41% 35.7% WHY? Deliver more of their to the company Feel a greater to work hard obligation likely to repeat individual performance. 1 driving heard. 4 their have voices effort best ideas improve increases financial results powerful motivates References 1 Aberdeen Group, The Power of Employee Recognition, 2013 2 Baudville peer-to-peer recognition White Paper 3 The Power of Peer-To-Peer 4 Employers Embrace Peer-to-Peer Recognition 5 SHRM/Globoforce Employee Recognition Survey, 2012