CASIRJ Volume 5 Issue 7 [Year - 2014] ISSN 2319 – 9202 International Research Journal of Commerce Arts and Science http://www.casirj.com Page 81 EMPLOYEE RECOGNITION IN LIGHT OF CHANGING PERSPECTIVES *Mrs. Rajini. K.S Research Scholar in Management Jain University, Bengaluru **Dr.M.M Bagali, Ph.D Professor in HR & Research Guide Co-ordinating Research in Management Jain University, Bengaluru ABSTRACT Recognition program initiatives are mainly organizational issues and many organizations may or may not have it. It all depends on the organizational policy as to whether it has to be implemented or not. Corporates have a different policy compared to other lesser aggressive organizations. However, there is no proven record that organizational success depends on recognition programs alone. A host of other related factors of retention tactics like Morale, Motivation, Job satisfaction, Engagement, are equally important for the success of an organization. Organizations that have neglected any one of the retention methods may fail to realize their goals. This paper identifies the need for employee recognition program from the organizational point of view as well as the employee perception also thus, bringing out the importance of ERP for better workplace, per se. KEY WORDS: Motivation, Retention , Engagement, Job satisfaction.