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My Lilly Rewards Recognition Guide

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Page 1: Eli lilly recognition pres

My Lilly Rewards

Recognition Guide

Page 2: Eli lilly recognition pres

RECOGNITION GUIDEAgenda

1 | Why is Recognition Important?

2 | Top SIX Recognition Best Practices

3 | How to Use My Lilly Rewards

4 | Using the Program in Your Department

5 | Suggested Readings

Page 3: Eli lilly recognition pres

RECOGNITION GUIDE

Recognition is proven to be

instrumental in organizational successAs illustrated in a study by Health Stream,

companies in the highest quartile of

“Recognizing Excellence” report an

operating margin of 6.6%, while those in

the lowest quartile report only 1%.

A recognition program helps reduce

turnover, increase productivity and

create a positive working environment – all elements key to achieving

organizational success!

Why is Recognition Important?

Page 4: Eli lilly recognition pres

RECOGNITION GUIDE

The closer an organization can help their employees get to the top of the

pyramid, the better they can drive peak performance from their workforce.

Great leaders realize that recognition is more than just a „thank you‟, it‟s a

concentrated effort by the leaders of an organization to commit to personal

excellence and a positive work environment which leads to great results.

Why is Recognition Important?

Page 5: Eli lilly recognition pres

RECOGNITION GUIDETop 6 Recognition Best Practices

Follow the PIC Approach • PIC stands for Positive, Immediate

and Certain • Establish a recognition rhythm with your employees that

has immediate and certain recognition components to trigger repeat

positive behaviors

Recognize at Least Once a Week • A key variable in

employee productivity and engagement is whether or not employees are

recognized by their direct managers every seven days

Be Specific • Get the most value from recognition by establishing

ways you can communicate and personalize praise. Be very specific on

why they are being recognized

Encourage Peer to Peer Recognition • A culture of

recognition will only be achieved once everyone is involved in the

process. This includes motivating your team to recognize their colleagues

regularly. Incorporate individual recognitions into weekly or monthly

meetings

Page 6: Eli lilly recognition pres

RECOGNITION GUIDETop 6 Recognition Best Practices

Track & Evaluate • It is important to evaluate and gather data on

recognition wherever possible. This information becomes valuable in

identifying recognition gaps, opportunities and employee specific

information for performance reviews

Include on-the-spot with scheduled recognition

• On-the-sport recognition provides praise for contributions when

the desired behaviours occur and can be given at any time

• Scheduled recognition can occur every week. Throughout the

week think about the people that have made a positive contribution

to the organization, then choose a day when these contributions will

be recognized each week

• Combining both types of recognition serves to powerfully reinforce

desired behaviours

Page 7: Eli lilly recognition pres

RECOGNITION GUIDEHow to use the Program – My Lilly Rewards

Take advantage of My Lilly Rewards to Recognize your

Employees with Points in THREE easy Steps

Reward employees

throughReward $omeone

Email is sent to the employee with

your recognition message and

points are deposited into their account

Points are redeemed for items

in the online catalogue

What Gets Rewarded, Gets Repeated!

Page 8: Eli lilly recognition pres

RECOGNITION GUIDEHow to use the Program – My Lilly Rewards

Step 1 • Recognize your employees with points online

through the “Reward $omeone” tab.

After selecting the employee that you would like to

recognize choose the criteria that best describes why they

deserve this recognition

Page 9: Eli lilly recognition pres

RECOGNITION GUIDEHow to use the Program – My Lilly Rewards

It is very important to fill in why they are being recognized.

Remember to follow the PIC rule!

Talk about planner! Year after year the national sales meetings get better and better. Thanks for taking into consideration all our feedback and putting it into action Tina. This past NSM was the best yet!

Page 10: Eli lilly recognition pres

RECOGNITION GUIDEHow to use the Program – U Rock Rewards

Step 2 • Your employees will receive an email when the recognition has

been submitted. The points will automatically be deposited into their accounts

Points will

be

deposited

into

account

Page 11: Eli lilly recognition pres

RECOGNITION GUIDEHow to use the Program – My Lilly Rewards

Step 3 • Employees can redeem their points for items in the online

catalog. The catalog has thousands of items including, gift cards, electronics,

clothes, tools, etc.

Page 12: Eli lilly recognition pres

RECOGNITION GUIDEUsing the Program in Your Department

If you want to incorporate points into your own

department you can order Point Cards from I Love

Rewards. These can be awarded for any actions that you

choose.

XXX-XYR-768-980

25,000 POINTS

Points Code Claimed Online

Page 13: Eli lilly recognition pres

RECOGNITION GUIDESuggested Readings

Page 14: Eli lilly recognition pres

RECOGNITION GUIDE

Please contact I Love Rewards for further information:

Sarah Broderick

[email protected]

1-888-622-3343 ext 0341