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2025 HR Tech Award Winners Below is an listing of winners and finalists for 2025 attached to their appropriate category. Embracing Mercer’s solutions translates to more equitable workplaces where all employees feel valued and rewarded appropriately. Excellent work.
Employee motivation is at the heart of a thriving organization, and in 2025, businesses are increasingly turning to digital tools to recognize, reward, and retain their top talent. Employeeincentive software plays a critical role in fostering a culture of appreciation, boosting productivity, and reducing turnover.
Employee rewards programs are essential for boosting morale, increasing engagement, and fostering a productive work environment. In 2025, companies are prioritizing innovative and customizable rewards systems to cater to a diverse workforce. Heres a look at the 10 best rewards systems for employees in 2025.
Employeerecognition isn’t just a feel‑good perk; it’s a strategic asset. Studies show that team members who receive regular praise are 63 percent more likely to stay at their current job over the next few months, and almost three-quarters say more recognition would boost their productivity.
Projections suggest that by 2025, there will be a deficit in the US of: 446,300 home health aides 98,700 medical and lab technologists/technicians 95,000 nursing assistants 29,400 nurse practitioners A notable number of healthcare professionals have exited the sector, leading to a severe staffing shortage for patient care.
Consider these employeerecognition programs to increase perceptions of fairness and levels of discretionary effort in your organization. Employeerecognition drives business performance Recognition programs are a crucial part of the employee experience and a key driver of perceptions of fairness in your workforce.
As the world enters 2025 however, some things haven’t changed. Source : Deloitte Why are rewards important in 2025? Workers 81% of employees confess to being more motivated when their boss shows appreciation. So what constitutes a reward in 2025? 1.
Employeerecognition has gained popularity over the past few years for many reasons. It's linked to improved employee engagement, increased employee retention, and has even been sited as the single most important driver for employees to do great work. But knowing employeerecognition is important is one thing.
Look no further than gamification for employee engagement! Gamification transforms the daily grind into an adventure through interaction and meaningful incentives. Read on as we share how to successfully roll out employee engagement gamification. Check out our article for more creative employee engagement ideas here.
This post was originally published in June 2015 and was updated with new information about multigenerational compensation strategies in May 2025. Did you know you might be managing a workforce made up of employees from as many as five different generations ?
Non-monetary rewards are key to a better employee experience , offering lasting impact beyond a paycheck. While financial incentives provide short-term boosts, meaningful recognition and growth opportunities build deep emotional connections and long-term commitment.
Employeeincentive software has become a strategic asset for organizations aiming to boost morale, productivity, and retention. The best platforms don’t just hand out rewards—they integrate performance tracking, peer recognition, and data-driven insights that align with your company’s culture and goals.
A study suggests that, By 2025, ESG assets are expected to surpass $53 trillion, accounting for more than one-third of the projected $140.5 Integrate sustainability into performance evaluations: Integrate sustainability goals into performance evaluations and provide incentives for employees who contribute to achieving sustainability goals.
Spot Bonuses No waiting. Profit-sharing or Performance-Based Bonuses Tie recognition to real business outcomes. Pay for a Certification or Skill Upgrade Invest in an employees professional development. Employee Referral Bonuses That Actually Matter Make it worthwhile when they bring in top talent.
Parent networks – A group for parent employees where members can share tips on childcare and work-life stress management. #8 8 Employee Rewards Programs An employee rewards program promotes a sense of belonging and acceptance. Outward employeerecognition goes a long way in your inclusive and DEIB efforts.
Work incentives are critical for enhancing employee motivation, satisfaction, and productivity. Research indicates that companies with effective incentive programs can see a 25% increase in productivity and a 20% reduction in turnover rates. Personalization fosters a sense of belonging among employees.
Below are our suggestions for reducing employee turnover. Give Authentic Recognition Often and Early. We know that employeerecognition is one of the most underutilized tools for preventing employee turnover. Another report found that employees had averaged 50 days since they were last recognized.
Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities.
According to the National Association of Manufacturers , by 2025, U.S. Incentive Research Foundation conducted a study to discover what kinds of rewards would employees prefer as recognition for their day-to-day contributions at work. So why is virtual recognition central to the R&R experience of blue-collar workers?
They’ve become so ingrained in the corporate psyche that we predict at least 85% of businesses will still be conducting them in 2025—even if it’s just to do them. According to research by CEB, now Gartner, when companies remove ratings from their annual reviews, employee performance drops by nearly 10%.
This year, Manufacturing Day falls on Friday, October 3, 2025. For employees Manufacturing Day is the perfect opportunity to boost employee engagement by celebrating your coworkers and showing appreciation for the hard work everyone puts in. Its high-tech, hands-on, and packed with incredibly diverse career paths. The payoff?
Companies should support employees in all areas of their lives, from physical fitness to mental wellness to financial stability. Learn how Terryberry's corporate wellness program can play a role in your employee engagement strategy. This is why positive reinforcement (recognition) benefits both employees and managers.
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