Remove Bonuses and Incentives Remove Demo Remove High Performance Culture Remove Study
article thumbnail

9 Ways to Create the Best Possible Employee Incentive Options

Kazoo

As an employee incentive, cash isn’t king. As part of Kazoo’s research on rewards and recognition systems that work, we uncovered how to make employee incentives effective. Here are nine ways to create the best possible employee incentive options at your company. There is no one-size-fits all employee incentive.

article thumbnail

3 Simple Ways to Boost Employee Motivation with Rewards

Kazoo

Do cash and bonuses still appeal to many employees? The results of a study of Israeli semiconductor workers proved this. After offering a mix of cash and other bonuses to employees: Non-monetary bonuses boosted performance slightly better than monetary ones. Get a Demo of Kazoo. Tie Rewards to (Spontaneous!)

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Ways Employee Recognition Software Pays for Itself

Kazoo

Our ROI study showed that the Kazoo platform saves administrators and people managers an average of 5 hours per month – which adds up to substantial salary savings. One transportation company used Kazoo to give retention bonuses and incentivize cost-saving behavior and saved more than $700,000 in the first year.

article thumbnail

Employee Rewards that Motivate: 5 Tips

Kazoo

They may be formal – like an annual or quarterly bonus tied to meeting performance objectives. The London School of Economic s reviewed 51 different studies and found that financial incentives not only fail to encourage employees to perform – they can even demotivate employees.

article thumbnail

5 Employee Incentive Ideas that Boost Employee Motivation

Kazoo

Finding employee incentive ideas that boost talent recruitment, retention, and development is like finding a golden ticket for business success. Yet most traditional employee incentive plans don’t work for longer-term employee retention or talent development. Motivation-Boosting Employee Incentive Ideas. Here are 5 examples.

article thumbnail

Employee Leaderboard: All You Need To Know

Vantage Circle

Want a high-performing culture where people are motivated to walk the extra mile? Look at these numbers- A study shows that 86% of young job applicants find gamification at work enjoyable and fun. Thus leading to better performance. In a recent study , participants were asked to compete in an image-tagging game.

Metrics 105