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The speaker, CEO of a successful employee recognition company in the US and Canada, addresses frequent inquiries about selecting monthly winners. They emphasize the importance of avoiding common pitfalls in employee recognition programs. Two major reasons for program failures are highlighted: first, managers often neglect to keep the recognition program current, with some going months without acknowledging top employees. Consistent recognition is crucial; the speaker cites research indicating that recognizing employees quarterly is only 26% as effective as monthly recognition. Hence, timely and regular acknowledgment is essential for the success of employee recognition initiatives.
