Workplace culture is shifting, and nowhere is this more evident than in the way companies approach employee recognition. For contemporary organizations like Centime, a dynamic fintech enterprise, recognizing employee contributions is not just an occasional formality; it's a core value that molds the team's dynamic.
In this blog post, we're going to detail how Centime, under the leadership of their Chief Revenue Officer Allie Collins, transformed their approach to employee recognition from a routine process with lackluster results to a vibrant core of their company culture, with the help of HeyTaco, a peer-to-peer recognition platform.
Before the shift to HeyTaco, Centime utilized a platform that rewarded points monthly, which employees could then exchange for gift cards. It seemed like a sound system on paper, yet beneath the surface, it masked underlying issues that were becoming more apparent as the company scaled and evolved.
The monthly points system inadvertently led to a culture of recognition that was becoming transactional. The platform's detachment from the daily workflow meant that recognition was often an afterthought, a task to be ticked off at the month's end. The channel where points were shared was bursting with activity at the end of the month and dead silent at times in between. The points employees accumulated could be exchanged for gift cards, which left the leadership team wondering whether monetary recognition was truly the way they wanted to show appreciation. This was antithetical to Centime's aspiration for continuous and authentic appreciation among colleagues.
Spotting the incongruence, Allie remembered her days of using HeyTaco at another company. Her experience of the why behind HeyTaco aligned with her vision for genuine and ongoing gratitude in the workplace. HeyTaco combined the things Allie was most looking for: peer-to-peer recognition seamlessly integrated into the daily workflow using Slack that was timely and authentic.
The simplicity and real-time nature of HeyTaco's platform were instrumental in swaying Allie's decision to make the switch. It wasn't just a practical tool; it was a cultural change agent that resonated with her vision for Centime.
The shift to HeyTaco wasn't just a simple pivot from one tool to another; it was a cultural transformation. The marketing and sales teams, the prime beneficiaries of the new platform, immediately realized its potential. Gamifying the recognition process with virtual 'tacos' for positive affirmations, HeyTaco made the act of appreciation fun and engaging – an intrinsic part of their daily workflow.
Centime's team discovered a renewed zeal for appreciating each other's work, with the "Sales Ringing the Bell" Slack channel, previously a notification board for achievements, now an animated space filled with the visual representation of 'taco' cheers, collaborative emojis, and personalized kudos.
This transformation also led to a re-evaluation of the rewards system. Instead of just aiming to accumulate points for material rewards, employees now strive to earn merit based on non-monetary celebrations such as extra days off or team experiences. This has propelled employees to celebrate each other more genuinely and creatively and has significantly cut costs for the company.
The transition to HeyTaco has yielded more than just a change in how employees give and receive recognition. It has led to a significant uptick in employee engagement, with teams feeling more connected and appreciated. The once-underutilized recognition platform has been eclipsed by a system that has inspired an organic culture of recognition, with employees at all levels actively participating.
At the heart of this case study is a powerful lesson in the potency of peer-to-peer recognition. When integrated into the fabric of the business, it can drive not just engagement but also innovation in how we identify and celebrate talent.
The power of peer-to-peer recognition lies not in the platforms themselves, but in how they reflect and amplify the company's culture. It's a reminder that the most effective recognition is personal, immediate, and integrated into the daily workflow – much like how Centime's HeyTaco experience has become the norm. It's a culture shift that has transformed work into a place where gratitude is never out of season – it's a daily celebration.