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What do companies do to keep the excitement in the R&R practice... specifics required Best practice done by competition Please help me with the data
From India, Chennai
Use Appreciation board along with RnR.
a word even on employee's small contribution make significant impact to boost the morale and motivate employee. Remember even with small contributions employees are making the project to be delivered successfully and helping organization to aim its objective(s).
To make RnR exciting- you will have to make it effective by using of visual media and periodic communications. Best employees can be featured on company webpage/ display boards/or on email that can be sent to the group/ can be given a badge to wear which will be floating across workforce every time you select the best talent

From India, Kolkata
Reward & Recognition sounds like a simple concept: engaged employees perform more brilliantly and produce greater results than employees who are not engaged. Take the logic one step further and you could say that the result of having engaged employees is a greater business success. If you understand this, then bigger question you need to answer is, ‘Is your rewards and recognition program old school or new school?’.
In the past, companies rewarded the use of their employees’ hands. In today’s knowledge-based economy, employers also need to win their employees’ heads and hearts. Precisely, modern recognition strategies are more result-oriented. Based on a radical new way to appreciate the greatness of employees that’s transforming the industry, we’ve created 9 ways to breathe life into any R&R program. Dive in and learn how you can re imagine recognition program which can assist continuous performance management.
1. “In The Moment” Recognition
2. Integration with Performance Management
3. Choice of Rewards
4. Not Just For Large Companies
5. Reinforcing Culture
6. Make Recognition Public and Social
7. Measure, Review and Improve
8. Peer Recognition Rules
9. Keep Your Program Alive

From India
Employees seek instant gratification in the form of rewards and recognition. Recognize your employees' efforts if he/she exceeds your expectations and achieves the goals. Appreciate the high performers in meetings and social media customized for your organization. Learn the needs of the high performers and tailor the reward plans accordingly. The rewards can be either bonus or learning opportunities or any other. Rewards and recognition are significant and so plan your RnR effectively to increase employee retention.
From India, Chennai
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