For more information on the impact of appreciating great work and how committed
people strategies can deliver results in your organization, visit us at octanner.ca or
call 1.800.668.7227 ext. 58282
Double your budget:
Real world employee recognition ROI
Elizabeth Veliz, MBA, SPHR specializes in employee relations and has over twelve
years in the human resource profession. She wrote an article for our blog outlining
how she doubled her operating budget by proving the ROI of a successful employee
recognition program.
The moral of the story is simple. The trade journals, the white papers, and the
experts... they're all right. Return on investment is the ticket. As HR professionals,
we have to prove our worth every single day because, as important as we are to
any organisation, we are overhead. We cost money. In my case, we saved the
organisation over $3.5 million. So, they technically owed my department $2
million since I only asked for a budget of $1.5. (Yep, that one didn't work.)
— Elizabeth Veliz
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