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How Four Companies Show Appreciation for Their Employees

Cornerstone On Demand

According to a SHRM/Globoforce report, companies that utilize strategic recognition are 48 percent more likely to see high employee engagement. Even companies that spend as little as 1 percent of payroll on recognition are 79 percent more likely to experience better financial results.

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Celebrate Your Employees: Employee Recognition At Its Best

Hppy

Companies who spend at least 1% of their payroll budget to celebrate employees see employee engagement increase by 85%. Eric Mosley , CEO of the social recognition firm Globoforce, states: Recognition is something that comes naturally to employees — they want to recognize their peers for great work.

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The importance of employee recognition

Interact-Intranet

Another study states that spending 1% or more of payroll on recognition helped 85% of companies see improved engagement. Source: Globoforce. Organizations have also successfully authorized micro rewards such as ‘hour-off’ certificates or early finishes to distribute at their discretion.

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Conference Twitter Primer #SHRM18

Advos

GregoryWStevens : I/O Research Consultant, @Globoforce. Latest releases: Altered Traits book + Emotional Intelligence Coaching Certification. Our unified HR solution, UltiPro, manages, predicts, & solves your HCM, payroll needs. From payroll to talent management and analytics, we help businesses succeed.

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The Ultimate Guide To Employee Rewards and Recognition

Vantage Circle

Globoforce. SHRM recommends that HR departments spend at least 1% of payroll on rewards and recognition. Printable Certificates. When recognizing employees, ensure that there is a printable certificate to go along with the said appreciation. HR Technologist. A well-designed recognition and rewards program can drive an 11.1%