7 Misconceptions About Employee Recognition

WorkStride

For some companies, the benefits of recognition are obvious. In other businesses or industries, recognition programs and practices are at risk of being eliminated. Misconception #1: Recognition is expensive. Misconception #2: Recognition is time-consuming.

Why Today’s Incentive Thinking Is Different

Achievers

Too often in human history, this meant that people with less power were simply compelled to work, and incentives — if they existed — consisted merely of being allowed to survive. The Central Challenge of Giving Incentives. Stats That Prove the Value of Incentives.

Matching Incentive Promotions to Partner Personality Types

WorkStride

When it comes to the incentives that motivate us to work harder, we tend to respond differently based on our personalities. Sure, most of us greatly appreciate a generous bonus, commission or restaurant gift card in response to our achievements. Those same principles should apply as you’re designing the channel incentive promotions that are likely to motivate the people working for your partners, distributors, dealers, and others in the channel.

The Tricky Business of Incentive Compensation

Compensation Cafe

The impact of these changes can be felt throughout the organization, from senior leadership teams responsible for successfully planning around those challenges to the front-line employees who adapt their roles and deliver on those plans. Compensation Philosophy Incentives/Bonuses Recognition

33 Thoughtful Employee Recognition & Appreciation Ideas for 2017

SnackNation

33 Thoughtful Employee Recognition & Appreciation Ideas for 2017. It pays to have amazing employee recognition ideas. You need to find the right employee recognition program for your company. So… What is employee recognition?

Talent and HR News Weekly Update: Employee Recognition Trends

exaqueo

“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years.

8 Small But Powerful Ways To Recognize Employees

Get Hppy

If you’ve ever felt underappreciated at work (and pretty much all of us have), then you know how important recognition is in the workplace. Employees who don’t feel recognized are twice as likely to say they’ll quit within the next year. Encourage peer-to-peer recognition.

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Why you should identify your employees’ intrinsic and extrinsic motivators

Achievers

Savvy employers understand the difference between intrinsic and external (extrinsic) motivators and develop engagement programs that recognize and reward employees for exercising the right behaviors and aligning with company goals. A motivated employee is more likely to go beyond minimum work expectations, deliver high-quality work, and seek out new challenges. The rewards are tangible and often monetary, like pay increases, new benefits, bonuses, or promotions.

Cafe Classic: Balancing Process and Outcomes – How “Silo” Thinking Can End Up Rewarding the Wrong Thing

Compensation Cafe

Organizations that implement employee recognition and reward programs usually do so with the best of intentions. Avoiding silo creation and balancing process and outcomes are the two critical areas to always keep in mind in recognition and reward program planning.

Cafe Classic: Celebrating Success. Who Do You Reward?

Compensation Cafe

It's time to take down the these false barriers to recognition and reward. I’m told this is standard in Pixar movies and one reason they usually include a “secret scene” at the end – to ensure everyone involved in creating their award-winning movies receives the recognition they deserve.

Cafe Classic: Unions, Recognition and Employee Engagement

Compensation Cafe

Editor's Note: Today's Classic features Derek Irvine with some data and insights about the importance of employee engagement - even (and some might argue especially) in a union environment. In today’s workplace, unions still have power when they need to step in for employee rights.

Fair Pay, Differentiated Rewards

Compensation Cafe

Jacque Vilet , a fellow Café blogger and international HR expert, offered several good ideas for recognizing that top 10% without relying on the tropes of failed merit increases: “Have a VP hold small group meetings with them and appreciation and also "tap" their ideas for improvement.

How and Why You Need to Recognize Your Executives

Bonusly

Most employee recognition programs position senior leaders as champions or role models, not candidates for feedback. Senior leaders make excellent champions and role models for receiving recognition as well as giving it. Building a recognition culture.

When It Comes To Rewarding Employees, Is Cash Really King?

SuccessFactors

In 1929, jeweler Edward Maritz began distributing watches to corporations to give to their employees as rewards for sales and service. For simplicity’s sake, it’s tempting to fall back on rewarding employees with cash. The push for non-cash incentive programs.

The Recognition Science Denier

Globoforce

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. She was a “Recognition Science Denier.” Do you work with a Recognition Science Denier?

The Dos and Don'ts of a Flexible Work Schedule

Bonusly

That’s why it’s so important to engage employees in ways that are meaningful and desirable. Earlier this year, QuickBooks ran a pay and benefits survey , asking 1,000 employees about their satisfaction and what benefits they’d prefer from their employer.

Chasing Best Practices

Compensation Cafe

One of the common questions I hear from clients centers on how well their people practices and budgets compare to industry benchmarks and groups of top-performers.

8 Influential Employee Engagement Trends for 2019

Bonusly

Employee engagement will be one of the most important differentiators for organizations in 2019, and it’s an issue that nearly every organizational leader has thought about recently. It’s the emotional commitment an employee has to their role, their organization, and stakeholders.

What it Takes to Build a High-Performance Workforce

Get Hppy

Can we say that these people are simply better than the average group of employees who contribute to business regularly? In other words, no matter the qualities of each employee, what truly matters is the teamwork. Leadership and Employee Engagement.

Why Appreciating and Rewarding Employees is More Important Than Ever

Empxtrack

Experts believe that praise and recognition have always been crucial in improving employee productivity, engagement and retention. What experts say on employee recognition. Recently, Gallup surveyed 4+ million employees across multiple countries to know their views on employee reward and recognition. It was found, that employees who receive regular praise and recognition –. How to reward and compensate employees?

How Intrinsic Employee Motivation Will Help You Build Your Dream Team

Business2Community Leadership

Competition is high for finding and retaining those star employees that will set your business apart. Now, more than ever, it has become critical for companies to engage and excite their employees (both current and potential). How Does Motivating Employees Increase your Bottom Line?

Walking a Tightrope: Recognizing High Performers Without Discouraging Other Employees

WorkStride

Employee engagement is a relatively new concept and concern in the work world. It used to be that only top performers received raises, accolades, and bonuses. Some of your best employees might not be “stars” on paper. or a small group, a simple “Thank you” should suffice.

How to Respond to Tough Culture Questions from a Job Candidate

HR Cloud

The way your teams perform is directly reflected in the amount of training and development employees receive. Respond with examples of employees starting out in one department, working on a specific project and then relocating to a different department or office to gain further expertise.

Different Ways Your Company Can Reward Employees

Effortless HR

Like everyone else, employees are motivated by something, and determining what those motivating factors are should be a top priority for every business. It’s assumed that a raise or a bonus will help employees focus on exceeding job expectations. Though in many cases, employee loyalty and retention are effectively enhanced by a rewards or recognition program that demonstrate employers’ appreciation for their workforce in other, more creative ways.

HR systems are critical in building culture

NCHRA

Contributed by Russ Elliot, SPHR, Founder and Chief Consultant, Conscious Culture Group. Employees shared the impact of the HR systems. “I according to one employee. Was it the employee’s fault? Recognition.

How to Disappoint Your Employees in One Easy Step

UpstartHR

One of the memorable scenes in the movie is when Clark opens up what he expects to be a holiday bonus only to find a “jelly of the month” membership card. He even carries around a brochure to look at and share when necessary, demonstrating how excited he is about the coming bonus.