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Incentives vs Recognition - the important difference

Employee Incentives and Employee Recognition are used to achieve certain objectives, but they're not the same.

Unfortunately, these two terms are used interchangeably and could cause you to miss your overall objectives if you don’t appreciate the differences. We all know the employee recognition definition, but what does incentive mean?

Workplace incentives and employee recognition programs are important tools, and when combined you can get tremendous benefits to your organization. Let's define what is (1) an Incentive, (2) what is Recognition, and (3) the combination of both.

Incentives vs Recognition | Difference - Part 2

Continuing on the previous article: Incentive Definition - Part 1, this article summarizes the differences between Employee Incentives and Employee Recognition, and continues with answers to these important questions:

• Who uses Employee Incentive and Recognition Programs?
• What about their Costs?
• Why Use Incentive or Employee Recognition Programs - what's the value?
• What are the most common types of programs?

Employee Incentive Program- Starting

When management asks you to create a new employee incentive program, how should you get started?

We know that employee incentives have the potential to help almost any organization accomplish its business objectives. Incentive programs can help motivate, encourage, and reinforce behaviors you want repeated and can significantly improve employee morale.

Read on to learn more about this important tool, and see how to get started.