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Colt Technology Services Logo Reward & Recognition

Business Overview

Colt Technology Services is a global provider of agile, high bandwidth connectivity solutions, that employs more than 5,000 people, across 22 countries in Europe, Asia and North America.

Its diverse international workforce ranges from tech savvy and computer literate technicians to high performing sales and management professionals as well as a range of back office and support staff.

number of employees
5020
Industry
Telecommunications
Locations
22

The Challenge 

Colt approached Xexec to develop a comprehensive employee recognition programme that would support the organisation’s vibrant and exciting culture by effectively engaging its diverse international workforce.

The objective of the recognition programme was to strengthen engagement, increase motivation and improve Colt’s employee experience by rewarding the behaviours that are vital to the business, making its systems more engaging to use and aligning its practices to be simple and transparent.

Moreover, Colt required a scheme that could be delivered on an international scale, rolling out to its more than 5,000 employees operating across dozens of countries.

The Solution 

Xexec created Colt Inspire, underpinned by its award-winning online employee recognition portal, to make it quick and easy to recognise great work, simplify the processing required and generate high levels of engagement amongst global staff. The programme was designed to mimic many aspects of a social media platform, with functions such as newsfeeds and the ability to tag in employees showing exemplary behaviour. In response to the international footprint of the organisation, Xexec developed a multi-currency programme, incorporating cost of living index calculators alongside local country redemption catalogues with retail vouchers and multi-currency prepaid cards. 

Features such as Xexec’s telephone concierge service were introduced to make remote redemption of rewards and gifts quick and easy. Proxy nominations (ability for colleagues to nominate on behalf of others) were also introduced with this in mind. Other functions such as ‘Tag My Manager’ were designed to encourage employees to think upwards and celebrate achievements of managers as well as their peers and more junior members of the team.

The Outcome 
The platform has enabled staff members to easily recognise and reward each other’s contributions on a global basis, making employees across the world feel part of a global team and ensuring their achievements are recognised. After just three months of the scheme going live, there was a huge increase in levels of engagement. For example: Over the first 11 weeks: - Total approved awards 3,234: average of 294 per week, circa 1180 per month - 54% of awards were financial - Total awards nominated 3619 (i.e. including declined and pending): average of 330 per week, circa 1320 per month - Total countries nominated: 21 (of 22) - Total currencies involved: 12 The scheme automates the process for granting recognition awards, is completely online and avoids the need for any paper filing (thus introducing operational efficiencies) and automatically collects management information, providing the global team with an array of insightful data on performance and talent management.