Ongig

OCTOBER 15, 2024

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 employee recognition goes a long way in your inclusive and DEIB efforts.

Employee Benefits

ClearCompany HRM

MAY 8, 2025

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 ? Learn how to build a compensation plan that unites your team.

ClearCompany

Vantage Circle

MARCH 18, 2025

These programs can help encourage employees to adhere to safety protocols and foster a safety-conscious culture where everyone willingly takes responsibility for their own well-being and that of their coworkers. Cost Savings Reduction in accidents implies fewer workers’ compensation claims, less downtime, and lower medical expenses.

Hiring Software

AIHR

FEBRUARY 24, 2025

Employee recognition is an inexpensive resource companies can use to increase retention and engagement. Building a solid employee strategy on effective employee recognition ideas can help your organization minimize turnover and improve job satisfaction. Contents Why is employee recognition important?

Employee Recognition

AIHR

JULY 30, 2025

This helps HR create dynamic, real-time dashboards that track everything, from recruitment funnel metrics to employee engagement scores. Here are some key ways it drives HR impact: Tracking the entire employee life cycle Power BI for HR analytics creates dynamic dashboards that capture key metrics (e.g.,

HR Function

Terryberry

JUNE 16, 2025

From custom awards to cash bonuses and self-care gifts, employee rewards can fuel strategic goals. They’re great for showing appreciation, but if you want to shape company culture or reduce turnover, you need a tailored employee engagement program. Here are four additional types of employee rewards worth considering: 1.

Planning Tools

Empuls

JUNE 23, 2025

Rewards and Recognition initiatives - often referred to as R&R - are deployed in business to acknowledge people for their performance and contribution towards the organization - be it achieving targets, going above and beyond expectations, or displaying sheer persistence and involvement. DOES THE PRAISE FIT THE ACCOMPLISHMENT?

Planning Tools

Terryberry

MARCH 21, 2025

When researching employee recognition software, youll notice that most platforms offer similar functionality: social recognition, redeemable rewards, and service awards. Sure, tracking gift card redemption rates is useful, but does your software connect those insights to actual employee retention metrics?

Planning Tools

Empuls

DECEMBER 24, 2024

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.

Bonuses and Incentives

Achievers

AUGUST 4, 2022

Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. Total rewards doesn’t just pertain to financial compensation ?

Recruiting Software

AIHR

DECEMBER 22, 2023

One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction. So, how do you craft a total compensation package that resonates with a diverse workforce? Contents What is a compensation package?

Compensation

Intoo USA

NOVEMBER 14, 2023

By recognizing skill gaps or areas where knowledge could be enhanced, organizations can invest in their employees’ growth, leading to increased productivity and improved retention. By understanding each employee’s contributions, organizations can reward high performers and incentivize continued excellence.

Assessment Software

Vantage Circle

JUNE 13, 2023

Although there are innumerable ways of rewarding your employees, rewards like spot bonuses undoubtedly win it. Unlike traditional performance-based bonuses typically tied to annual or quarterly reviews, spot bonuses can be awarded anytime. Why Give Spot Bonus to Employees? Hands down! Spot Bonus- What is it?

Bonuses and Incentives

Bonusly

JUNE 19, 2020

Recognition is a key aspect of these psychological needs. Employee recognition is the open acknowledgment and expressed appreciation for employees’ contributions to their organization ; it’s a way of letting your team know how much you appreciate the impact of their work. Peer recognition. Employee shout-outs.

Employee Recognition

Compensation Cafe

DECEMBER 8, 2014

You can’t give all employees promotions, bonuses, or raises. Social recognition, however, can be applied to all. It’s not a positive experience for the employee. Promotions are valuable, but we must ensure promotions are also real in that they advance a person’s career with the appropriate compensation increase.

Bonuses and Incentives

Semos Cloud

JULY 11, 2023

Category All, Best Practices 9 Tips on How to Achieve Equity in Employee Rewards Recognition and rewards programs can not achieve their purpose if employees view the rewarding system as unfair. One area where equity plays a vital role is in employee recognition and rewards.

Hiring Software

Compensation Cafe

JUNE 5, 2018

Sadly, in some areas over the years, that’s become twisted to focus on the metric and not the behavior or goal underlying the metric. Knowing where we stand and how we’re doing in working toward targets is important, but these metrics must never supersede the original reason for pursuing the target.

Metrics

Extensis

OCTOBER 9, 2024

Quick look: Employee value propositions (EVPs) describe “what’s in it” for a company’s staff—whether it’s compensation, benefits, company culture, or professional development opportunities. To a potential employee, an EVP is an incentive to choose one company over another, and it defines why current workers decide to stay.

Hiring Software

Vantage Circle

JANUARY 5, 2024

Agile rewards and recognition are the ultimate change-makers in workplace incentives—they are dynamic influencers of acknowledgment. Unlike the outdated routine rewards, agile recognition instantly lets managers celebrate small wins. Recognition is the greatest motivator. increase in average employee performance.

HR Software

Terryberry

FEBRUARY 12, 2024

Failed incentive programs waste your company's time, money, resources, and trust. Incentive programs are supposed to incentivize employee motivation and productivity while providing a big "thank you" from the business. However, not every incentive hits the mark. What Is an Incentive Program? Undoubtedly, yes.

Bonuses and Incentives

HR Guy

JUNE 1, 2023

Reading Time: 8 minutes Employee recognition plays a vital role in the success of an organisation, mainly by driving employee engagement. Maintaining a team of highly engaged and motivated employees in the current business environment is more critical than ever. Effective leadership is critical to employee engagement.

Employee Recognition

Terryberry

DECEMBER 8, 2023

Replacing an employee can cost one-half to two times the employee's annual salary (and that's on the conservative side). A retention bonus encourages employees to stick around longer, giving your company a competitive edge as it navigates economic challenges, growth, competition, mergers, acquisitions, and pivotal projects.

Bonuses and Incentives

AIHR

JUNE 13, 2022

According to a book written by two Amazon employees called Working Backwards , Amazon uses a process improvement method called DMAIC which stands for Define, Measure, Analyze, Improve, and Control. The team then creates a Metric Owner that will look at the results daily to see what can be improved. Highlight results and achievements.

HR Software

Vantage Circle

AUGUST 2, 2023

Employees are the fuel to any organization, and when their needs are met, they perform better and stay engaged and happier in their jobs. What are Employee Perks? Employee perks refer to additional benefits, incentives, or advantages provided by an employer to their employees, beyond the basic salary and standard benefits.

Hiring Software

Vantage Circle

APRIL 20, 2023

However, while individual performance is frequently rewarded with raises, promotions, and bonuses, team performance is frequently overlooked or undervalued. Recommended Resource: 50 Rewards And Recognition Ideas To Boost Employee Recognition [2023 Update] Types of Team-based Rewards! Non-monetary rewards!

Planning Tools

Empuls

DECEMBER 17, 2024

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention. Thoughtful incentive ideas can go beyond standard rewards to spark enthusiasm, increase loyalty, and foster a stronger sense of team unity. 

Bonuses and Incentives

6Q

JUNE 4, 2023

We also share some valuable tips to keep your employees happy and engaged. What is employee turnover? Employee turnover, also known as staff turnover, is a measure of how frequently employees are leaving your organisation. It’s a key metric used to indicate the effectiveness of your organisation’s overall management.

Retention and Turnover

CoreCentive

JANUARY 15, 2020

Recognition programs may include referral bonuses or non-monetary compensation such as priority for in-demand routes. Metrics-Based Recognition. The most objective way to answer that question is a consistent set of metrics. A thoughtful Safety Incentives program can help reinforce those behaviors.

Industry

Compensation Cafe

JUNE 23, 2015

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. percent in the depths of the recession.

AON

Sapling

OCTOBER 13, 2019

Workplace stress is one of the major breaking points for employees. Key factors impacting employee stress may be increased workloads or work expectations, additional responsibilities without increased compensation, difficult co-worker relationships, and inept or insensitive management.

Bonuses and Incentives

Bonusly

JULY 11, 2018

That’s why US companies spend up to $800 billion each year on sales compensations, more than three times what they spend on advertising. Metrics prove that incentivizing sales teams boosts your bottom line. With the right incentives, businesses can keep their pipelines full. Unfortunately, the current incentive system is broken.

Hiring Software

Talentia

MARCH 13, 2024

Employee value proposition (EVP) is an equitable agreement between you as the employer and your employees that extends beyond compensation and benefits, encompassing values and trust. These may consist of bonuses, incentives and comprehensive benefits packages. 5 Pillars of a Sustainable EVP 1.

HR Software

Terryberry

OCTOBER 25, 2022

Recognition looks different for everyone, but a series of studies by Harvard Business Review show that symbolic awards (public credit, cards, certificates, and plaques) might be more effective than traditional monetary incentives (cash, bonuses, and gift cards). Launch Your Employee Recognition Award Program with Terryberry.

Bonuses and Incentives

HR Lineup

JULY 25, 2024

Retention: Competitive Compensation and Benefits: Offering competitive salaries, bonuses, and benefits packages to retain top talent. Employee Recognition: Implementing recognition programs to acknowledge and reward employee achievements and contributions.

HR Software

Empuls

JANUARY 27, 2023

Benefits of non-monetary recognition Non-monetary recognition influences company culture, bringing a plethora of interconnected benefits to companies that do it right. HR specialists agree; according to Hero and Mercer , 85% of HR Leaders say an employee recognition program positively affects organizational culture.

HR Software

Vantage Circle

MAY 29, 2023

It is often measured on certain ESG metrics. These metrics are indicators used to assess the performance and potential risks of a business's operations concerning environmental, social, and governance issues. ESG metrics provide valuable insight into a company's sustainability efforts and impact.

Strategy

CoreCentive

SEPTEMBER 13, 2023

A detailed Employee Value Proposition (EVP) will help! An EVP gives potential employees a clear sense of what they will get for working with a company. A robust EVP can address employees’ needs, making them feel appreciated and satisfied in their roles.

Company