How can companies create a sustainable recognition program that not only motivates employees in the short term but also fosters long-term engagement and loyalty within the organization?

Companies can create a sustainable recognition program by ensuring it aligns with the organization's values and goals, providing consistent and timely feedback, and incorporating a variety of recognition methods. By recognizing both individual and team achievements, companies can foster a sense of community and collaboration among employees. Additionally, offering personalized rewards and opportunities for growth can help maintain employee engagement and loyalty over the long term. Regularly evaluating and adjusting the recognition program based on employee feedback can also ensure its effectiveness and relevance.