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12 tips to boost employee morale in retail during the holidays

Homebase

When corporate giant Walmart increased their hourly pay to $10 in 2015, the chain saw their sales figures increase by $5 billion during the next 6 months. We’re guessing that both employees and management was pretty thrilled. It lets you share shift notes , talk to dedicated groups or the whole team, and even schedule team meetings.

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The Business Case for Employee Recognition and Rewards

Compensation Cafe

Why do we compensate employees? But compensation professionals (and readers of this blog) know the pay cheque is but one part of a very complex agreement between employer and employee to maximize a mutually beneficial relationship. in 2015), companies clearly need to do more to keep top performers interested.

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Trends in Employee Recognition Show Growing Importance in Results-Driven, Culture-Oriented Approach

Compensation Cafe

WorldatWork’s latest “Trends in Employee Recognition Report” is out. Key highlights from this year’s report: 1) Prevalence of recognition programs in organizations continues to grow. 89% of organizations offer some sort of recognition program with an average of 4.6 Employee recognition is not a nice-to-have soft-skill.

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A Recognition Moment: An Interview with Lauren Brittingham of Bayhealth Medical Center

Achievers

Meet Lauren Brittingham Director of Organizational Development, Bayhealth Medical Center. Lauren Brittingham is the Director of Organizational Development at Bayhealth Medical Center , a not-for-profit healthcare system with more than 3,700 employees. What is your favorite employee recognition moment at Bayhealth Medical Center?

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'Tis the Season for Thanks

Compensation Cafe

It's that time of year, when thoughts turn to… compensation planning. The topic has been much in the news in 2015 with more and more companies turning from the traditional, annual approach to more frequent feedback mechanisms less fraught with anxiety and pressure for everyone involved. What can be more powerful than thanks ?

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Performance Reviews Are a Thing of the Past — Try Recognition Instead

Fond

Feedback is delivered during a 1:1 meeting with the employee and their supervisor. Many companies couple performance reviews with compensation reviews as well, which can muddy the process even further. By the end of 2015, at least 30 of the Fortune 500 companies had ditched performance evaluations altogether.

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Maslow's Hierarchy of Needs Is More Fluid than You Think

Compensation Cafe

It’s a succinct, clear way to summarize the needs we all have for a full and fulfilling life, including compensation and benefits to meet base needs for security and sustenance, and recognition and praise to meet higher-order needs for fulfillment and self-actualization. Your employees deserve much more than a pyramid.".