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20 Employee Incentive Ideas to Boost Engagement and Retention

Analytics in HR

An employee incentive program can have a powerful impact on your organization. That’s why we’ve identified the top 20 employee incentive ideas. Come along for a deep dive to discover how they can inspire and motivate your employees. Contents What are employee incentives?

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What Is a Retention Bonus? (How to Use It Correctly in 2024)

Terryberry

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.

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10 Best Employee Evaluation Software in 2023

Empuls

Rewards: Empuls fosters a culture of appreciation by facilitating peer-to-peer and manager-to-employee recognition, as well as providing rewards for achievements. Cons Effective utilization of some advanced features may require additional training. Companies using HelloTeam: Lolli ELC Group Hamilton Oracle NYFL G2 rating: 4.8