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The importance of employee recognition

Interact-Intranet

The importance of employee recognition is often overlooked – are you aware of the impact? Employee recognition is essential for motivating, retaining and fully engaging our employees. What employee recognition is – and what it isn’t. Recognition is not one-size-fits all.

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Surprise! Survey Shows How Employee Recognition Landscape is Changing

TLNT: The Business of HR

The fifth research report in an annual partnership between SHRM and Globoforce ( the 2015 Employee Recognition Survey ) was published this week. Recognition adds to the bottom line. And, interestingly, there is a surprise. It’s that retention/turnover is the top challenge reported by nearly 1,000 SHRM members.

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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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How to Sell Employee Recognition to a Skeptical Executive

Bonusly

HR usually administers recognition programs, while the budget can be department-specific, centralized, or both. Most organizations (42 percent of those surveyed by WorldatWork in 2015) budget 0.3 percent or less of payroll toward recognition. Bersin by Deloitte reported spending was closer to one percent in 2012.

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Want to be innovative in HR? Start with people, not technology.

Kazoo

True innovation is reevaluating how we recruit, retain and engage employees throughout the entire employee life-cycle. It was a fundamental shift of understanding: employee recognition and rewards needed to reflect a modern workforce. Recognition needed to be more frequent, public and not restricted to a top-down model.

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Want to be innovative in HR? Start with people, not technology.

Kazoo

True innovation is reevaluating how we recruit, retain and engage employees throughout the entire employee life-cycle. It was a fundamental shift of understanding: employee recognition and rewards needed to reflect a modern workforce. Recognition needed to be more frequent, public and not restricted to a top-down model.

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Employee Engagement: How to Measure What Matters

Achievers

Aon Hewitt, in an influential 2015 paper advanced the “Stay, Stay, Thrive” framework for the variety of desired Employee Engagement outcomes. How about the connection between programs that engage employees, such as employee recognition and rewards , and your desired business results? Say, Stay, Strive.