The Employee Recognition Landscape is Changing

China Gorman

Namely, that retention/turnover is the top challenge reported by nearly 1,000 SHRM members. With the economy and hiring improving, businesses are wise to become concerned that the “grass is greener” syndrome may take hold of their very best employees.

Our “Stickiness” Problem: Retention, Opportunities or Feedback?

RecognizeThis!

Employees need more opportunities, more regular conversations on performance, and more frequent recognition to overcome retention challenges. Sometimes we make it easier for employees to look for growth opportunities elsewhere. by Derek Irvine. Recognize This!

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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. It’s that retention/turnover is the top challenge reported by nearly 1,000 SHRM members.

How to Protect Your Company from High Employee Turnover

Achievers

Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Furthermore, this cost estimate is only an average; replacing more specialized employees can often run into six figures!

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.

3 powerful ways to improve your employee retention rate

Achievers

There are a lot of reasons this can happen: a bad boss, a toxic team, stagnant career growth, or lack of recognition. Losing your employees to resignation is an expensive problem. A competitive salary is the bare minimum that you need to provide to keep employees satisfied.

Who Should You Recognize at Work?

RecognizeThis!

Every employee should be contributing to your success. All are deserving of recognition. Arriving at such an important end goal, however, requires involving all employees in the effort. After all, every employee contributes to the culture of the company (whether good or bad).

How to Sell Employee Recognition to a Skeptical Executive

Bonusly

Two thirds of employees don’t believe senior leadership supports recognition programs. Unsurprisingly, 83 percent report their organization’s culture doesn’t support recognition. The evidence here will help recognition champions address the most common skepticism in the C-suite.

11 Easy Ways to Reduce Employee Turnover

Bonusly

Employee turnover has a major impact on your organization's trajectory, but if you're having trouble with it, you're not alone. Even the best companies struggle with turnover. In this post, we’ll examine employee turnover: what it is, why it costs so much, and how to reduce it.

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

The Recognition Landscape Isn’t Changing Much

China Gorman

Recognition programs are vital tools in an organization’s total rewards strategy, but beyond the knowledge that “recognizing employees is a good thing to do” we can look to data that back up recognition programs as an important part of an organization’s culture.

Why Employees Love Social Recognition

Achievers

A business isn’t anything without its employees. So in order for your business to be successful in the long term, you have to ensure your employees are consistently performing at their best. By focusing on employee engagement. More recognitions = higher employee engagement.

Top 10 Talent Management Blog Posts of December 2015

HRsoft

Here are some of our favorite blog posts published in December 2015: Where Do Your Employees Fit On The Engagement Resistance Curve? 3 Reasons Your Best Employees Are Quitting via Business Insider. An Easy Way to Engage Your Employees via Inc.

Bersin Says “Thanks” Critical for Employee Engagement

RecognizeThis!

— There are many drivers of employee engagement, but feedback, recognition and “thanks” lead the charge. We studied this topic and found that “high-recognition companies” have 31 percent lower voluntary turnover than companies with poor recognition cultures.36

How to Spot Who’s Going to Quit Next

Achievers

Most of your company’s expenses are unavoidable, but employee attrition is one of the costs that you can have significant control over. Employee attrition can cost six to nine months’ worth of the departing worker’s salary, so it’s in your best interests to find ways to address employee attrition head-on. Research into employees quitting provides some actionable insights: Demographics most likely to quit. percent employee churn rate.

7 Easy Ways to Solve High Employee Turnover

Bonusly

Unexpectedly losing a great employee is one of the most costly events that can happen to an organization. What's worse, the departure of even one or two top-performers or a charismatic leader can trigger a spiral of additional turnover. Want an easy way to keep employees from leaving?

Millennials on the Market: Recognition & Retention in an Age of “What’s in It for Me?”

Compensation Cafe

In my work consulting on employee recognition and rewards, one question I hear repeatedly centers on the perceived Millennial/Gen Y need for constant feedback and praise, often linked with the trend for Millennials to remain in a position for less than two years. Recognition

10 Things a Good Manager Never Does

Achievers

According to a recent article in The Huffington Post , 3 out of 4 employees report that their manager is the worst and most stressful part of their job, and 50% of employees who don’t feel valued by their boss plan to look for another job in the next year. Micromanage employees.

The Art of Recognition

nettime solutions

With 47% of existing jobs set at high risk potential for becoming automated , employees are definitely made to feel like they’re walking on a tight rope or performing some special balancing act. That’s why employee recognition is one of the most valuable tactics to an employee’s performance.

A Paycheck Is Not Recognition for a Job Well Done

Compensation Cafe

That’s recognition enough.”. Pay and recognition serve very different needs, but they are in a symbiotic relationship when it comes to fulfilling those employee needs. And pay raises, consistently and appropriately given, won’t meet the higher-order employee needs, either.

Building a business case: How to convince your company it’s time for a social recognition program

Achievers

By now, you’ve heard the news: employee engagement is a huge challenge for the modern workforce. As a result, businesses are dealing with high turnover rates, absenteeism, low performance numbers, and loss of customers. Employee Engagement

Talent Analytics: Predicting HR’s Way Out Of The Fog

SAP Innovation

There’s a lot of talk about how we need to change the culture: become more people-centric, understand what the millennnials and innovative talent wants (start by accepting that they are The Future of Work), figure out how to foster engagement and express recognition and make sure no one leaves.

Engage Employees Emotionally in These 5 Ways

Namely

Employee turnover takes a huge toll on companies, but it’s especially hard on startups: high costs, diminishing morale, and wasted time. Engagement is the silver bullet when it comes to startup retention. Engaging employees can be a simple and inexpensive process as long as managers recognize what motivates human decision-making. Below are some low-cost tips keyed into those very needs, so you can ensure employees stay put during the time you need them to most.

6 Reasons You Should Care About Performance Reviews

SAP Innovation

When you have a poorly designed and conducted performance review process , that’s often the type of responses you can expect from employees. When properly executed, performance reviews help your company: Engage your employees. Improve employee communication and engagement.

#Employee Feedback Is The Killer App #HR

TalentHQ

A new market has emerged: Employee feedback apps for the corporate marketplace. As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Why is there such a wide variation in employee engagement and retention?

Glint 84

5 Ways to Keep Performance Reviews From Becoming Boring

HR Bartender

And if the goal is for employees to have consistent performance, that means that managers are discussing the same thing with employees. Long-term employees have participated in the same process each year for what seems like an eternity. Ask employees to do a self-evaluation.

5 Ways to Keep Performance Reviews From Becoming Boring

HR Bartender

And if the goal is for employees to have consistent performance, that means that managers are discussing the same thing with employees. Long-term employees have participated in the same process each year for what seems like an eternity. Ask employees to do a self-evaluation.

10 Steps To A Positive Corporate Culture

SAP Innovation

It all comes down how a company treats its employees. Here are 10 steps that lead to happy employees, which in turn makes for a great company culture. If your company is in the news due to layoffs or disgruntled employees, you will have a tough time attracting top talent.

12 Traits That Make a Great Manager

Achievers

Moreover, a skill set that accounts for over 70 percent of the variations in employee engagement scores should not be left to each manager’s instinctive talents. They Focus on Employee Strengths. In fact, micromanaging can erode worker initiative and damage employee motivation.

How HR Metrics Help You Make Smarter Decisions

SAP Innovation

As more businesses use analytics to make decisions, HR teams are feeling the pressure to leverage big data to improve things like time to hire and employee retention. How can we increase employee diversity? Employee attrition is a major problem for many companies.

Tips for an employee rewards program

Sage HRMS

Retention and turnover are some of the biggest issues human resources managers deal with on a day-to-day basis. Consequently, HR departments are constantly looking for good employee engagement ideas. What makes a good employee recognition program?

12 Traits That Make a Great Manager

Achievers

Moreover, a skill set that accounts for over 70 percent of the variations in employee engagement scores should not be left to each manager’s instinctive talents. They Focus on Employee Strengths. In fact, micromanaging can erode worker initiative and damage employee motivation.

The #1 Reason People Leave A Job Might Surprise You

SuccessFactors

Do you know the number-one reason employees leave a job? Multiple surveys have confirmed a manager can make or break an employee’s experience. A study by employee engagement firm TinyPulse identified various behaviors impact retention, such as micromanagement and a lack of opportunities for development. Gallup found “at least 75 percent of the reasons for voluntary turnover can be influenced by managers.”. Enthusiastic managers can overwork good employees. “If

How HR Metrics Help You Make Smarter Decisions

SAP Innovation

As more businesses use analytics to make decisions, HR teams are feeling the pressure to leverage big data to improve things like time to hire and employee retention. How can we increase employee diversity? Employee attrition is a major problem for many companies.

Six guiding principles for better communications

Madison

An Informed Employee Is a Productive Employee. New York–based Madison Performance Group is the worldwide leader in developing employee engagement and incentive marketing programs for Fortune 1000 corporations that include CA, Citigroup, Kawasaki and Siemens. The company implements customized strategies to motivate workers, applying proprietary sales and marketing techniques to maximize employees’ success. 4—Talk Employee Value Proposition while you’re at it.