Expert insights. Personalized for you.
The holidays bring a time of appreciation and gratitude towards friends, family, employees and colleagues. You often hear about more and more large companies discontinuing bonuses and Holiday office parties. The other is that happy customers come from happy employees. MORE
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. MORE
Actually, when it comes to reward and recognition programs, quite a few things may be. So says a new study by the Incentive Research Foundation, Award Program Value & Evidence. The thoroughly documented report discusses two broad topics that should be of lasting interest to any HR professionals involved in employee recognition programs: . And what do employees do with their salaries? The reason employees often pour their reward into the household pot? MORE
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. MORE
Budgets must be appropriately established to reach all employees in a differentiated and calibrated way. How should I structure an employee recognition program that will have the kind of impact I’m seeking?”. Is your recognition program appropriately funded? MORE
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. MORE
Hourly workers are among the most unhappy employees in the workforce. Employee engagement is more important than ever before. Bonuses. Another work perk that hourly candidates care about is a performance-based employee bonus. Employee Recognition. MORE
20+ Employee Recognition Program Benefits and Ideas. Employee recognition programs are employer initiatives to reward its employees for achievement, new behaviors, anniversaries and milestones. Let’s take a look at some employee recognition program ideas. MORE
Should rewards be used to incent greater attention to safety? Is it a good idea to include safety metrics in a broad-based employee incentive plan? I recently came across an interesting article in Incentive Magazine about safety incentives. MORE
Editor's Note: Continuing our end-of-summer Classic week here at the Café with the question "are incentives equally applicable to -- and appropriate for -- all areas of human endeavor?" . I recently came across an interesting article in Incentive Magazine about safety incentives. MORE
Is the line between “employee appreciation” and “employee incentive” a little blurry to you? However, I think it’s important that we do attempt to clarify the differences, because effective employee incentive programs serve a different purpose than employee appreciation programs. MORE
Employers who experience high employee turnover lose a lot of time and money to new hire searches, interviews, onboarding and training. Although this problem is commonly seen in the retail sector, employee attrition can occur in any industry and any type or size of business. A high employee turnover rate happens for a variety of reasons; some workers take on a job for extra cash before returning to school or while searching for a new job that is more in line with their career goals. MORE
February is a great time to get strategic about employee recognition. Short days and grey skies wear on many employees. Even if snow days don’t keep your employees away from the office – winter blues can hit productivity and ultimately employee engagement. How do you keep employees energized and productive mid-winter? Look to your employee engagement power tool: employee recognition. Meaning matters to employees. MORE
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. MORE
This article will cover why, exactly, so many companies use gift cards, or “ non-tangible cash rewards ,” to engage, motivate, and recognize their employees, and why those companies are making a great choice. The Incentive Research Foundation (IRF) found that the preference for cash (including open-loop gift cards) and reward earner salary are negatively correlated. Incentive Research Foundation, Award Program Value & Evidence. Employees can treat themselves. MORE
33 Thoughtful Employee Recognition & Appreciation Ideas for 2017. It pays to have amazing employee recognition ideas. Acknowledging achievement can have serious ROI – to the tune of 50% higher productivity and as much as 20% increase in business outcomes. MORE
Editor's Note: Incentives and Recognition are key elements of a total reward portfolio, but they work in different ways and are better suited to different purposes. I’m often asked, “What’s the difference between incentives and recognition? Incentives/Bonuses Recognitio MORE
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. MORE
If you polled your employees and asked them, “What kind of rewards would you prefer?”, But what employees say they want for rewards, what actually works best to motivate employees, and what employees enjoy as rewards are entirely different things. MORE
Job satisfaction is at the heart of employee engagement. This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives? Let’s take employee feedback and annual reviews for instance. Address the Drive to Acquire: Incentives. MORE
While some organizations find it to be a costly endeavor, Employee of the Year award is important in recognizing and appreciating employees in various departments of your company. New Year is the perfect time to appreciate your employees’ efforts for the past year. MORE
For many executives, it is tempting to view employee recognition software as a cost without seeing the full benefit of the investment. It showed that the average payback for implementing Kazoo’s Employee Experience platform was a short 5 months. MORE
“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. MORE
They change employee commitment to their colleagues, their customers, and their company. After completing the 90-day new-hire training period, Zappos needs to know its newest employees are all-in. Compensation Philosophy Incentives/Bonuses Pay for Performance Recognition MORE
Two-thirds of employees in North America are considering leaving their jobs in 2020. For employees under 30, that number is even higher. One of the fastest routes to a better retention rate is by improving employee engagement. Actively encourage and listen to employee feedback. MORE
That statement alone could fuel many long conversations, but the simple truth of it is often something we ignore when thinking about how best to support our employees in bringing their own best selves to work every day. In what ways are your employees or colleagues positively irrational? MORE
Companies are now aware of the benefits that rewarding employees can bring. Offering incentives will boost morale, performance, and retention. . If you want to reward these employees, read on to identify which ways will most engage them, and show that they’re valued. MORE
Job satisfaction is at the heart of employee engagement. This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives? Let’s take employee feedback and annual reviews for instance. Address the Drive to Acquire: Incentives. MORE
You know your product best, so when it comes to finding companies and reps to sell your product through a channel instead of through inside sales, you want to make sure you are working with valuable partners. Not every potential seller should sell your product. The first thing you want to do is create the criteria of what your product entails, and who might be a good seller for your product. How complex are your products or services? Bonus Points. MORE
Compensation Cafe has covered Wells Fargo's pay practices since 2009, when the Bank canceled prefunded employee recognition and rewards events in the midst of the Recession, blaming it on federal government restrictions on bank practices following the subprime mortgage crisis. MORE
As a leader in your company, you already realize the importance of acknowledging your employees for their efforts and contributions. Not only does recognition from management foster morale and job satisfaction, it also reduces absenteeism while increasing retention. MORE
But for any good employee, being recognized for effort is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention and productivity. Of course, in most places there’s just not a lot of extra money for bonuses, expensive gifts or over-the-top employee recognition celebrations. There are a lot of very effective ways to recognize employees without your CFO blowing a gasket. MORE
Employee recognition is openly-expressed acknowledgment and appreciation for an employee’s contributions to their organization. Years of service awards; annual, quarterly, and performance bonuses; and verbal and written praise all fall under the umbrella of employee recognition. Modern employee recognition is powerful: it makes work visible, supports company values, and boosts morale. Understanding the value of employee rewards. MORE
But for any good employee worth having on your payroll, being recognized for their efforts is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention. Are 42% of your employees looking to leave? MORE
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. MORE
It can be challenging trying to find an effective employee incentive program that continually motivates your sales team. They need to a) be exciting and compelling enough to keep your employees motivated to perform and, b) be able to fit within your organization’s budget. There’s a common misconception that employee incentive programs have to be complex or costly. Now multiply that by a team of 100 employees and you have yourself a pricey incentive program! MORE
Semos Cloud
SEPTEMBER 29, 2019
20+ Employee Recognition Program Benefits and Ideas. Employee recognition programs are employer initiatives to reward its employees for achievement, new behaviors, anniversaries and milestones. Let’s take a look at some employee recognition program ideas.
Get Hppy
JULY 25, 2016
As a leader in your company, you already realize the importance of acknowledging your employees for their efforts and contributions. Not only does recognition from management foster morale and job satisfaction, it also reduces absenteeism while increasing retention.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Compensation Cafe
MAY 4, 2020
Should rewards be used to incent greater attention to safety? Is it a good idea to include safety metrics in a broad-based employee incentive plan? I recently came across an interesting article in Incentive Magazine about safety incentives.
Kazoo
JUNE 1, 2018
For many executives, it is tempting to view employee recognition software as a cost without seeing the full benefit of the investment. It showed that the average payback for implementing Kazoo’s Employee Experience platform was a short 5 months.
Achievers
MAY 17, 2018
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.
Bonusly
MAY 17, 2018
Employee recognition is openly-expressed acknowledgment and appreciation for an employee’s contributions to their organization. Years of service awards; annual, quarterly, and performance bonuses; and verbal and written praise all fall under the umbrella of employee recognition. Modern employee recognition is powerful: it makes work visible, supports company values, and boosts morale. Understanding the value of employee rewards.
|
Workstride
JANUARY 10, 2019
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.
Achievers
OCTOBER 24, 2017
Hourly workers are among the most unhappy employees in the workforce. Employee engagement is more important than ever before. Bonuses. Another work perk that hourly candidates care about is a performance-based employee bonus. Employee Recognition.
Kazoo
DECEMBER 11, 2014
It can be challenging trying to find an effective employee incentive program that continually motivates your sales team. They need to a) be exciting and compelling enough to keep your employees motivated to perform and, b) be able to fit within your organization’s budget. There’s a common misconception that employee incentive programs have to be complex or costly. Now multiply that by a team of 100 employees and you have yourself a pricey incentive program!
Genesis HR Solutions
JANUARY 31, 2020
Is the line between “employee appreciation” and “employee incentive” a little blurry to you? However, I think it’s important that we do attempt to clarify the differences, because effective employee incentive programs serve a different purpose than employee appreciation programs.
Compensation Cafe
JANUARY 26, 2018
Editor's Note: Incentives and Recognition are key elements of a total reward portfolio, but they work in different ways and are better suited to different purposes. I’m often asked, “What’s the difference between incentives and recognition? Incentives/Bonuses Recognitio
|
|
Maritz Motivation
JUNE 20, 2018
Actually, when it comes to reward and recognition programs, quite a few things may be. So says a new study by the Incentive Research Foundation, Award Program Value & Evidence. The thoroughly documented report discusses two broad topics that should be of lasting interest to any HR professionals involved in employee recognition programs: . And what do employees do with their salaries? The reason employees often pour their reward into the household pot?
Compensation Cafe
AUGUST 31, 2016
Editor's Note: Continuing our end-of-summer Classic week here at the Café with the question "are incentives equally applicable to -- and appropriate for -- all areas of human endeavor?" . I recently came across an interesting article in Incentive Magazine about safety incentives.
exaqueo
DECEMBER 23, 2016
“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.
SnackNation
AUGUST 7, 2017
33 Thoughtful Employee Recognition & Appreciation Ideas for 2017. It pays to have amazing employee recognition ideas. Acknowledging achievement can have serious ROI – to the tune of 50% higher productivity and as much as 20% increase in business outcomes.
Achievers
FEBRUARY 6, 2018
Job satisfaction is at the heart of employee engagement. This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives? Let’s take employee feedback and annual reviews for instance. Address the Drive to Acquire: Incentives.
Achievers
FEBRUARY 6, 2018
Job satisfaction is at the heart of employee engagement. This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives? Let’s take employee feedback and annual reviews for instance. Address the Drive to Acquire: Incentives.
RecognizeThis!
AUGUST 6, 2015
Budgets must be appropriately established to reach all employees in a differentiated and calibrated way. How should I structure an employee recognition program that will have the kind of impact I’m seeking?”. Is your recognition program appropriately funded?
Achievers
APRIL 10, 2020
Two-thirds of employees in North America are considering leaving their jobs in 2020. For employees under 30, that number is even higher. One of the fastest routes to a better retention rate is by improving employee engagement. Actively encourage and listen to employee feedback.
Get Hppy
JULY 26, 2017
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.
Compensation Cafe
DECEMBER 17, 2018
If you polled your employees and asked them, “What kind of rewards would you prefer?”, But what employees say they want for rewards, what actually works best to motivate employees, and what employees enjoy as rewards are entirely different things.
Bonusly
MARCH 25, 2020
This article will cover why, exactly, so many companies use gift cards, or “ non-tangible cash rewards ,” to engage, motivate, and recognize their employees, and why those companies are making a great choice. The Incentive Research Foundation (IRF) found that the preference for cash (including open-loop gift cards) and reward earner salary are negatively correlated. Incentive Research Foundation, Award Program Value & Evidence. Employees can treat themselves.
Career Metis
JANUARY 1, 2020
While some organizations find it to be a costly endeavor, Employee of the Year award is important in recognizing and appreciating employees in various departments of your company. New Year is the perfect time to appreciate your employees’ efforts for the past year.
Compensation Cafe
FEBRUARY 6, 2017
Compensation Cafe has covered Wells Fargo's pay practices since 2009, when the Bank canceled prefunded employee recognition and rewards events in the midst of the Recession, blaming it on federal government restrictions on bank practices following the subprime mortgage crisis.
Compensation Cafe
SEPTEMBER 25, 2017
They change employee commitment to their colleagues, their customers, and their company. After completing the 90-day new-hire training period, Zappos needs to know its newest employees are all-in. Compensation Philosophy Incentives/Bonuses Pay for Performance Recognition
Compensation Cafe
SEPTEMBER 24, 2015
That statement alone could fuel many long conversations, but the simple truth of it is often something we ignore when thinking about how best to support our employees in bringing their own best selves to work every day. In what ways are your employees or colleagues positively irrational?
Compensation Cafe
SEPTEMBER 23, 2016
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.
Bonusly
JUNE 28, 2017
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.
Workstride
AUGUST 13, 2018
You know your product best, so when it comes to finding companies and reps to sell your product through a channel instead of through inside sales, you want to make sure you are working with valuable partners. Not every potential seller should sell your product. The first thing you want to do is create the criteria of what your product entails, and who might be a good seller for your product. How complex are your products or services? Bonus Points.
Clarity Wave
DECEMBER 12, 2017
The holidays bring a time of appreciation and gratitude towards friends, family, employees and colleagues. You often hear about more and more large companies discontinuing bonuses and Holiday office parties. The other is that happy customers come from happy employees.
HR Morning
APRIL 29, 2019
But for any good employee worth having on your payroll, being recognized for their efforts is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention. Are 42% of your employees looking to leave?
Women of HR
JUNE 13, 2017
Employers who experience high employee turnover lose a lot of time and money to new hire searches, interviews, onboarding and training. Although this problem is commonly seen in the retail sector, employee attrition can occur in any industry and any type or size of business. A high employee turnover rate happens for a variety of reasons; some workers take on a job for extra cash before returning to school or while searching for a new job that is more in line with their career goals.
SuccessFactors
MARCH 17, 2017
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.
HR Morning
APRIL 28, 2019
But for any good employee, being recognized for effort is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention and productivity. Of course, in most places there’s just not a lot of extra money for bonuses, expensive gifts or over-the-top employee recognition celebrations. There are a lot of very effective ways to recognize employees without your CFO blowing a gasket.
Fond
MAY 7, 2020
Companies are now aware of the benefits that rewarding employees can bring. Offering incentives will boost morale, performance, and retention. . If you want to reward these employees, read on to identify which ways will most engage them, and show that they’re valued.
61 
Let's personalize your content