TechValidate Research on O.C. Tanner


O.C. Tanner Case Study

Ocwen Financial Corporation

Introduction

This case study of Ocwen Financial Corporation is based on a May 2023 survey of O.C. Tanner customers by TechValidate, a 3rd-party research service.

Challenges

The business challenges that led the profiled company to evaluate and ultimately select O.C. Tanner:

  • Attracting top talent
  • Recognizing at scale
  • Losing great employees (retention)
  • Employee burnout
  • Negative workplace culture
  • Negative employee feedback
  • Low engagement scores
  • Needing to create, replace, modernize or consolidate recognition program(s)
  • Low recognition scores

Use Case

The key features and functionalities of O.C. Tanner that the surveyed company uses:

  • Daily recognition
  • Nominations
  • Group Deposits (company-wide recognition)
  • Career anniversaries
  • Initiatives
  • Swag Boxes (onboarding & company branded merchandise)
  • Celebrations/Events/Holidays
  • Services (consulting, measurement, education, brand communication)
  • Awards (gift cards, merchandise, experiences)
  • Custom awards (careerscapes, numerals, cubes, etc)
  • Safety
  • Retirement
  • Onboarding

Results

The surveyed company achieved the following results with O.C. Tanner:

  • Improved employee retention
  • Employees feel a greater connection between their work and the organization’s purpose
  • Employees have more trust in team leaders
  • Improved employee fulfillment in their job
  • Improved recognition scores
  • Improved safety
  • Increased innovation
  • Employees have an increased sense of opportunity for personal and professional development
  • Increased employee engagement
  • A decrease in burnout among employees
  • Greater trust in team leaders
  • Improved frequency of recognition moments
  • Improved workplace community
  • Improved employee satisfaction with job
  • Increased productivity
  • More consistent recognition
  • More visible recognition
  • Stronger collaboration across teams
  • Stronger connection with leaders
  • A stronger connection with team and colleagues




About This Data

This data was sourced directly from verified users of O.C. Tanner by TechValidate.

TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, we also guarantee their anonymity so that they may share information honestly and freely.


More Research on O.C. Tanner