2012 Terryberry Employee Recognition Survey has been released. Take the survey and get an instant report.

“Social media has transformed our world into one great big small town, dominated, as all vibrant towns used to be, by the strength of relationships, the currency of caring, and the power of word of mouth,” according to serial entrepreneur and business author Gary Vaynerchuk.

As the economy begins to show signs of improvement we are seeing employers waking and realizing they need to make sure their employees feel engaged and valued. Companies are starting to give raises, restore matching 401(k) contributions and starting to fund more dollars for recognition and reward programs.

The Recognition Council, a strategic industry group of the Incentive Marketing Association, has announced its new slate of officers as the incentive trade organization plans a busy year of outreach and education efforts in the coming months.

IMA Member, I Love Rewards, Announces the Importance of Rewards and Recognition In Employee Wellness Programs

Businesses have undergone massive change to survive, and employees are frustrated by increased workloads, lack of advancement and a sense of not being appreciated.

Social networking has transformed communications and will continue to alter both personal and business use. It only makes good business sense for companies to consider using the same electronic tools that employees already embrace as a way to recognize their contribution, and encourage others to do the same.