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Top 18 Employee Incentive Ideas To Boost Engagement

Empuls

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention. Thoughtful incentive ideas can go beyond standard rewards to spark enthusiasm, increase loyalty, and foster a stronger sense of team unity.  What is an employee incentive?

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Chasing Best Practices

Compensation Cafe

Of particular interest, they compared the practices of average performing companies to top-performing companies, where the latter are defined as those who rank highly within their industry and exceeded revenue projections in 2015. Yet, the question of causal directionality is an important one, as addressed in a similar commentary elsewhere.

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Top 18 Employee Incentive Ideas to Boost Engagement

Empuls

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention. Thoughtful incentive ideas can go beyond standard rewards to spark enthusiasm, increase loyalty, and foster a stronger sense of team unity.  What is an employee incentive?

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Top 10 Ways to Improve Employee Efficiency

Zenefits

In addition to simple words of gratitude, here are a few incentives you can try: PTO: Instead of a bonus or raise, you can offer your employees additional paid time off without having to use their vacation or sick time. This post was originally published on October 30, 2015, and has since been updated. Username or Email Address.

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Where Have All the Raises Gone?

Compensation Cafe

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. Aon Hewitt did not even start tracking short-term rewards and bonuses — known as variable compensation — until 1988, when they accounted for an average of 3.9 COLA for 2015 in the U.S.

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Maintaining the Focus: 7 Ways to Engage Long Term Employees

6Q

According to global research advisory Gartner, around half of all businesses today are using non-traditional monitoring techniques, up from 30% in 2015. Some businesses are using the old tried and tested methods of employee surveys, but a number of forward-thinking organisations are beginning to take alternative approaches. But tread lightly.

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A Template for Organizational Cultural Change

Culture University

Finally, a November 2015 study “How Corporate Culture Affects the Bottom Line” by Duke University’s Fuqua School of Business adds weight to the point that corporate culture is an essential element of business success driving profitability, acquisition decisions, and even whether employees behave in ethical ways.