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30 Amazing Ideas for Employee Appreciation Day

EmployeeConnect

About 53% of the employees would stay longer if they felt appreciated by the boss. Moreover, employee recognition also strengthens the company culture and values. Do you know that 72% of businesses agree that employee recognition impacts engagement positively? Give Bonuses, perks, and ownership.

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7 ways to support employees during economic inflation

Insperity

If budget allows, consider upping the amount that you contribute or match to your employees’ plans each month to help ease their stress. Explore other financial incentives. This would be a popular option with employees. Seek out other incentives as well. In times of stress, employees tend to fixate on base pay.

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How To Use Tangible Rewards For Employees: 40 Examples

Fond

I once worked at a company that gave every employee a gift basket for Christmas. Tangible rewards are rewards that can be seen and quantified—such as vouchers, cash bonuses, a pay rise, company merchandise, or gift cards. Why Do Employees Prefer Tangible Rewards to Cash? What Are Tangible Rewards?

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8 Things Every Employee Rewards Program Should Include

Best Of HR

Often, reward programs focus on issuing one-off “bonuses” at Christmas time, not considering how this can come across as tokenistic when not accompanied by a culture of gratitude throughout the year. Danielle Little Director, Process Change, Peoplism Peoplism Variety of Reward Choices Think about rewards as a magazine display.

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How to be an employer of choice – even in uncertain times

Insperity

Employers of choice are invested in their employees and continually provide them with professional development support such as: Educational reimbursement Access to training courses Bonus pay for completing certifications Internal job shadowing. Of course, in a downturn or difficult period, employee recognition may look a little different.

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Why Gift Cards Make the Best Employee Rewards

Bonusly

The Incentive Research Foundation (IRF) found that the preference for cash (including open-loop gift cards) and reward earner salary are negatively correlated. A negative correlation means that the more money an employee makes, the less likely a cash gift would be considered impactful for them. Employees can treat themselves.

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What it Takes to Build a High-Performance Workforce

Hppy

The next time you are in need of new employees, systematically conduct the recruiting process. A broad search of the qualified talent (employee referrals, social media platforms, job fairs, and so on). You can also deploy an in-house learning management system to conduct regular training that keep employee skills on track all the time.