Hi Lucy, Karen and Disruptive HR Club!
We are considering introducing a promotion gift for anyone who is promoted in 2021 and beyond as a means of boosting our efforts in reward and recognition. All promotees already receive a pay increase, bonus and we have usually had an in-office celebration. This year, we made the celebration virtual via a message from our CEO and building a virtual “wall” on our Intranet page to showcase our new promotees and their new “level”.
Some of us – myself included – wonder if a promotion gift (value to be determined) does anything to boost morale, engagement or retention especially if the gift is not customized to the individual.
If anyone has any experience or insight on this, or is open to a conversation, I would be very interested and appreciative.
Chris