Could you develop a comprehensive, multi-faceted employee recognition framework for [company name] aimed at acknowledging and incentivizing exceptional work performance, significant contributions towards company objectives, and alignment with core values? The program should be structured yet flexible, encompassing a variety of recognition methods such as monthly recognition events, personalized awards, and public acknowledgment of top performers. Please consider the following while creating the program: The criteria for outstanding performance: Define the metrics and key performance indicators (KPIs) that would determine employees' eligibility for these rewards. This could be based on measurable results, demonstrated leadership, innovation, or any other factors that align with [company name]'s values and objectives. The structure of the monthly recognition events: Detail the logistics, such as frequency, presentation format, and potential guest speakers. Also, discuss how these events can foster a positive and engaging work environment. The nature of the personalized awards: Describe the types of awards, the customization process, and how they could cater to the unique achievements and interests of the employees. The means of public recognition for top performers: Outline how top performers will be recognized publicly within the company and potentially outside of it, such as through company newsletters, social media, or press releases. The potential impact on employee motivation, job satisfaction, and retention: Provide an analysis of how this program could enhance these aspects of [company name]'s work environment. The proposed timeline for implementation: Include key milestones and a schedule for rolling out each component of the program. The estimated budget: Provide a financial plan detailing the estimated costs of implementing and maintaining this recognition program.