Why it Is Essential to Invest in Employee Education

CultureIQ

If a current employer provides opportunities to progress professionally, then employees have less incentive to look elsewhere. If you prefer good old offline learning, you can always send your employees to industry conferences, seminars, language courses, and workshops. It’s also important to recognize the efforts of those who completed the training by offering them incentives such as gifts, certification, or even bonuses.

Compensation Package: A Guide For HR

Digital HR Tech

It can include unique rewards for different job levels, such as mid-level management vs. executives — who are seeking different forms of compensation (performance bonuses vs. equity in the company). Financial assistance with professional certifications: 26.3%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Lower Your Employee Turn Over Rate by Doing These 3 Things

Women of HR

For example, you might hand out small awards like recognition certificates, buttons and cards as general everyday awards and then give out special awards at monthly meetings or host a yearly employee recognition awards banquet. Offer Employee Incentives. Another way to keep employees happy and motivated to stay is by offering various other types of incentives that workers typically value.

Best Benefits for Engineering Firms

Winston Benefits

Financial and Savings Incentives. Aker and Bechtel offer bonuses and performance pay; Aker also offers allowances for hazard pay, demanding work requirements and irregular hours. Siemens has extensive programs to develop employees, including a five-level management development program, as well as a wide selection of courses and training programs that result in degrees, certifications and networking opportunities across the company.

Lower Your Employee Turn Over Rate by Doing These 3 Things

Women of HR

For example, you might hand out small awards like recognition certificates, buttons and cards as general everyday awards and then give out special awards at monthly meetings or host a yearly employee recognition awards banquet. Offer Employee Incentives. Another way to keep employees happy and motivated to stay is by offering various other types of incentives that workers typically value.

10 Remote Employee Recognition Ideas That Always Work

SurveySparrow

While this brought forth incentives such as reduced (or zero) travel times, it also sheds light on other facts along the lines of – 43% of remote employees take three weeks or less of paid vacation per year. A certificate for the awards will lend credibility to the work done.

37 Creative Employee Reward Ideas (2016 Update)

Bonusly

Provide an incentive for them to hold a master class -- you could fund it through the rewards program. Courses There are countless courses that employees can enroll in to improve their skills and gain certifications. Seminars Seminars are a great way to absorb a large amount of information, meet people, and expand skill sets. Local Restaurants Every city has a list of favorite local establishments, and many of them sell gift certificates.