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ADP: 5 Ways to Manage Employee Recognition Through Generations

Advice for HR leaders managing teams where four generations are working side by side.

ADP is No. 17 on the DiversityInc Top 50 Companies list


(Originally published on ADP's Spark)

Employee recognition is one of the most effective ways to raise employee morale, according to Harvard Business Review, and it can lead to enhanced productivity, retention and engagement. Employee recognition through generations is a key concern for HR leaders managing teams where four generations are working side by side. HR leaders should strive to develop effective employee recognition programs that resonate with employees across generations.

Employee Recognition and Generational Differences

One of the biggest challenges for developing an enterprise-wide employee recognition program is that different individuals are motivated by different incentives. Generational differences provide a useful lens through which to understand what employees find motivating. Certain factors — such as financial incentives and praise — are universally appreciated. But how much they matter may change for different age groups.

According to the Incentive Research Foundation (IRF), different generations prefer recognition in different ways. Baby boomers want formal recognition in front of teams or groups, Gen Xers wants to receive recognition in private and millennials want fun, less formal and more frequent recognition, according to the IRF.

Organizations that understand how different types of recognition fuel growth and retention stand to attract the best workforce. The 2016 ADP Employee Engagement Study states that 66 percent of millennials and 62 percent of Gen Xers are motivated by financial rewards, whereas 41 percent of baby boomers prefer to be recognized through a formal, periodic bonus.

When applied systematically, employee recognition can help your business achieve its recruiting goals. Here are five employee recognition strategies that should help you connect to your multigenerational employees.

1. Gather Data on Recognition by Generation

Data should be the first step in crafting a plan. Fortunately, you can leverage research tools and software to sort and collate internal data and compare it to benchmarks from various generations, firm sizes and industries in order to get a better understanding of what factors influence engagement.

2. Encourage Management to Account for Generational Differences

One area that greatly influences employee recognition is in day-to-day management styles. While a large-scale, formal program has a role in enterprise management, it's also key to educate your HR team and managers on different needs. Ask your managers to think about how recognition can be modified for interaction with a staff of varying ages.

3. Embrace the Basics

While there may be some variation between generations, certain aspects of successful employee recognition programs transcend age, including market competitive compensation, generous benefits and verbal recognition from managers and colleagues. Engage all your employees through financial incentives and praise for a job well-done.

4. Ask Employees for Feedback

Every business has a different culture and unique needs. Gathering insight about your team, their priorities, current recognition programs and any opportunities for improvement can help you shape a customized road map to improve your organization's employee recognition strategies.

5. Invest in Enterprise-Wide Programs

Ultimately, employee recognition must be a core element of your organization's culture. From periodic salary increases to annual performance awards, enterprise-wide programs make it possible for large businesses to recognize their team's contributions at scale. So in conjunction with your generational efforts, you should still work to develop an enterprise-wide approach that embeds itself into your culture and is a constant source of connection to employees of all ages.

Managing employee recognition through generations is a challenge facing today's busy organizations. HR leaders can create effective strategies to handle key questions by focusing on what motivates different employee segments, how data can improve recognition delivery and what steps can be taken to instill employee recognition into your organization's DNA.

ADP and Intuit Expand Relationship to Improve Integration Across Platforms

Cloud-based dashboard enhancements help reduce re-work, save time and provide access to award-winning compensation benchmarks for client consultation.

Originally Published by ADP.
ADP announced expanded integration with Intuit QuickBooks adding enhanced General Ledger Interface (GLI) mapping directly through Accountant Connects . This new interface, combined with enhanced Compensation Benchmarking, powered by ADP DataCloud, will enable accountants to provide a better service and add value to their clients. Through shared values and a commitment to creating industry-leading innovation, ADP and Intuit are better positioning accountants for the future; allowing them to provide a more comprehensive experience to their clients.
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ADP: 5 Energy Tax Credits and Incentives You May Not Have Considered

Creating a more energy efficient organization isn't just helpful for the environment — it can also make a big difference for your bottom line.

Originally Published by ADP's Newsletter.

Want to lower your electricity bills and taxes? Energy tax credits could be the answer.

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ADP National Employment Report: Private Sector Employment Increased by 219,000 Jobs in July

"The labor market is on a roll with no signs of a slowdown in sight," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Nearly every industry posted strong gains and small business hiring picked up."

Originally Published by ADP.

Private sector employment increased by 219,000 jobs from June to July according to the July ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

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ADP National Employment Report: Private Sector Employment Increased by 177,000 Jobs in June

"The labor market continues to march towards full employment," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Healthcare led job growth once again and trade rebounded nicely."

Originally Published by ADP.

Private sector employment increased by 177,000 jobs from May to June according to the June ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

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ADP Uses Machine Learning and Artificial Intelligence to Drive a Data-Fueled Future of Work

ADP uses real, empirical, anonymized data from more than 30 million employees to anticipate how human work behaviors will evolve, and the impact that macro trends will have on the way people want and need to work.

Originally Published by ADP.

The world of work is rapidly changing, and data is increasingly fueling the human capital management function's ability to innovate to meet the needs of an evolving workforce. The second annual Datathon at ADP® gathered more than 40 partners and innovators from across the ADP business for two weeks of collaboration and ideation around leveraging the company's world-leading dataset.

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ADP Marketplace Continues Tremendous Growth Thanks to Leading Solutions Providers

Inaugural ADP Marketplace Partner Connections Summit Recognizes Partners who Demonstrate Excellence in Sales and Service.

Originally Published by ADP.

As the world of work changes, companies are increasingly seeking innovative solutions to meet the evolving needs of their employee base and their businesses. For more than four years, ADP® Marketplace, the largest human capital management (HCM) app store, and its world-class partners have helped create a unique ecosystem, where clients can tailor their HR solutions through apps that leverage ADP platforms and data.

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Celebrate Pride Month!  ADP Promotes Diversity and Inclusion with LGBTQ Employee Self-Identification

Self-identification can help companies to better develop programs and benefits that meet the needs of LGBTQ associates and to better attract and retain a diverse talent pool to stay competitive in today's tight labor market.

Originally Published by ADP.

Numerous studies have shown that having a diverse workforce brings a wider range of opinions to the table which leads to better problem solving and drives innovation. But to benefit from diverse perspectives, companies first need to understand the makeup of their employee population beyond gender, ethnicity and race.

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