"How can companies measure the impact of peer recognition on employee motivation and performance, and what strategies can be implemented to continuously enhance the effectiveness of peer recognition programs?"

Companies can measure the impact of peer recognition on employee motivation and performance by conducting surveys, analyzing performance metrics, and tracking employee engagement levels before and after implementing a peer recognition program. To continuously enhance the effectiveness of peer recognition programs, companies can regularly solicit feedback from employees, provide training on effective recognition techniques, and ensure that recognition is timely, specific, and aligned with company values. Additionally, incorporating peer recognition into performance evaluations and tying it to rewards or incentives can further reinforce its impact on employee motivation and performance.