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12+ Creative Staff Bonus Ideas That Go Beyond Cash Rewards

Empuls

Bonuses have long been a favorite tool for employers to boost employee motivation and engagement. However, a 2021 study found that nearly 78% of employees feel more motivated when they receive a mix of both financial and non-monetary rewards. The challenge is that not all bonuses are created equal.

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The 21 Best Employee Incentive Programs [+ Real-Life Examples]

AIHR

An Incentive Research Foundation study revealed that employee incentive and reward programs increased business productivity rates by 22% , while SHRM reported that 79% of employees would work harder if they felt their employer consistently recognized their efforts. Contents What is an employee incentive program?

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Effective Ways to Reward Employees for Good Performance

Vantage Circle

Bonuses and Incentives How it helps : Tying bonuses and incentives directly to achievements motivates employees to perform better and go beyond. According to a study, 90% of employees who worked in places with effective rewards programs agreed with the statement, “My work makes a difference.”

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How Effective Loyalty Programs for Employees Can Transform Your Organization

Empuls

Referral bonuses Referral bonuses are an effective way to engage employees in the recruitment process. Wellness incentives Programs that promote health and well-being are increasingly popular in loyalty initiatives. Wellness incentives contribute to a healthier work environment, leading to higher morale and engagement.

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Employee bonus programs that drive sales performance

Empuls

In this blog, we'll talk about the benefits of bonus programs, the types of incentives you can offer, and key aspects to keep in mind while designing an employee bonus program. Let's dive in and see how the right incentives can improve your sales performance! What is an employee bonus program?

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Deep Dive on Budgeting for Employee Recognition and Reward Programs

Vantage Circle

I still recall the day when my manager insisted I attend a boardroom meeting with him. " This happened a long time ago, but the conversation has not changed much. This was thoroughly studied in the R&R report , which was curated using a vast database. I was surprised at first, but then I joined the meeting.

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Employee Rewards for Business Services: Strategies That Work

Vantage Circle

Employee rewards aren’t just about incentives; they’re a way to build trust, loyalty, and enthusiasm. In fact, Gallup reports that employees who feel adequately recognized are five times more likely to be engaged at work. Some crave professional growth, others value time off or fun gadgets.