Remove 2016 Remove ATS Remove Bonuses and Incentives Remove Employee Recognition
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1% of Payroll: The Magic Number For Social Recognition Investment

WorkHuman

An annual, “thanks for all you do,” is an underwhelming recognition experience, and can actually do more harm than good. Finding 3 in the 2016 SHRM/Globoforce Employee Recognition Survey shows that the sweet spot for values-based rewards and recognition investment is 1% or more of payroll. RELATED POSTS.

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The Recognition Science Denier

WorkHuman

Listen to our WorkHuman Radio interview with Chris French embedded at the top of this post. She started our meeting by saying, “Of course, I know what recognition is. It’s a soft, feel-good program that employees seem to like and a necessary expense today. Do you work with a Recognition Science Denier? Challenge accepted.

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The Business Case for Employee Recognition and Rewards

Compensation Cafe

Latest in these reports is Mercer’s 2015/2016 US Compensation Planning Survey, which is well summarized in this SHRM report. Career-change opportunities within the company to keep employees on board while diversifying capabilities. Not all employees are suited for internal career changes, even when those opportunities exist.

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Update: Employee Compensation at Wells Fargo

Compensation Cafe

Compensation Cafe has covered Wells Fargo's pay practices since 2009, when the Bank canceled prefunded employee recognition and rewards events in the midst of the Recession, blaming it on federal government restrictions on bank practices following the subprime mortgage crisis. by Margaret O'Hanlon, September 12, 2016.

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Creating a Culture of Well-being: The Key to Organizational Wellness

Terryberry

Ultimately, investing in organizational wellness results in a thriving work environment where employees are inspired to do their best. The Research Behind Organizational Wellness It's no surprise to hear there is a connection between employee well-being and performance at work. When you're tired, you struggle to focus.

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A-Player Appreciation: How Achievers Clients Celebrated Awesomeness during Employee Appreciation Week (EAW)

Achievers

Their campaign integrated multiple elements to drive adoption and participation by showing top-down support of their program through a bulk recognition from the CEO and behavior-based incentives where members were rewarded with points for positive recognition activity. Inspiring robust recognition activity through competition?

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. No one owns retention! That’s like trying to fix a water main break with duct tape.