With an increase from six hospitals last year to nine hospitals this year, Aster DM Healthcare has one of the highest number of hospitals to be recognised from a healthcare group in India and GCC
kt engage6 months ago
Organisations today face the critical challenge of keeping their workforce engaged and motivated, especially in the rapidly growing and diverse UAE market. As businesses transform, large-scale behavioural and cultural changes among employees become essential. Recognition and Rewards (R&R) programmes have emerged as crucial tools in this context, evolving from traditional loyalty and performance rewards to strategic levers for transforming workplace culture and driving business strategy.
Vantage Circle has developed an R&R programme design framework grounded in behavioural science to enhance business success by nurturing employee behaviour. This scientific approach helps cultivate a dynamic work environment where employees feel valued and motivated, emphasising the importance of recognition and instilling core values across the organisation.
The R&R Design Framework
The AIRe framework, built on four pillars, offers a structured approach to designing and executing effective R&R programmes:
1. Appreciation: Recognising the inherent worth and value of employees’ contributions.
2. Incentivisation: Making recognition attractive enough for employees to aspire to receive it.
3. Reinforcement: Guiding employees towards desired behaviours or results through recognition.
4. Emotional Connect: Attaching strong personal feelings to boost the power of recognition.
How study of behavioural science impacts R&R Programmes
Understanding employee behaviour is key in today’s complex workplaces. Behavioural science helps us address challenges like motivation and communication, thus improving Recognition and Reward (R&R) programmes. Well-designed R&R programmes, based on behavioural science, make employees feel appreciated, leading to better performance and a stronger company culture.
The strategic imperative of R&R Programmes
Pallav Popli, chief revenue officer and employee engagement evangelist of Vantage Circle, said: “Humanising work is no longer just a moral obligation; it is a strategic imperative. Engaged employees lead to higher productivity, reduced turnover, and improved overall performance. Organisations that invest in improving, measuring, and assessing employee engagement see significant returns on investment.”
R&R programmes play a crucial role in this engagement strategy. These programmes are not just about financial incentives; they are about meaningful acknowledgement that resonates with employees on a personal level. Today’s organisations should cultivate a human experience (HX) that nurtures the whole individual, which means recognising not just professional contributions but also valuing employees’ personal well-being and cultural backgrounds. Such an inclusive and supportive environment is essential for employees to thrive.
Insights from Vantage Circle’s UAE Market Study
The Annual Recognition and Rewards Report (UAE) for 2024-2025 demonstrates how companies can leverage R&R programmes more effectively in the UAE corporate landscape.
Key findings:
Conclusion
Recognition & Rewards programmes are essential for modern organisations, especially in a diverse and dynamic market like the UAE. These programmes improve employee engagement by fostering a culture of appreciation and belonging and can drive productivity and business success by nurturing productive behaviours. By adopting strategic R&R practices, companies can unlock the full potential of their workforce, driving significant improvements in overall business performance.
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