How can companies ensure that their recognition strategies are not only effective in motivating employees in the short-term, but also sustainable in the long-term to continuously drive performance and engagement?

Companies can ensure their recognition strategies are effective and sustainable by aligning them with their core values and business objectives. They should regularly review and update their recognition programs to keep them relevant and engaging for employees. Additionally, providing personalized recognition and opportunities for growth and development can help maintain long-term motivation and engagement. Lastly, fostering a culture of appreciation and peer-to-peer recognition can further enhance the effectiveness and sustainability of recognition strategies in driving performance and engagement.