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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Here, other forms of monetary compensation are useful as well. Mentoring provides the same benefits as well, where employees are allowed to feel valued by the company with the appropriate feedback to guide them in their roles. These can also take the form of defined wellness programs that an employee can avail of.

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The importance of employee recognition

Interact-Intranet

This is due to what social psychologists refer to us the ‘overjustification effect’ Simply put, once you place an expected external incentive – such as money, prizes or rewards – on a task, a person’s intrinsic motivation to perform that task decreases. Source: Globoforce. Source: OfficeVibe.

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A Complete Guide To Employee Recognition

Vantage Circle

It can be a meaningful ‘well-done’, a high-five, or a special shout-out on social media. Reinforcement in psychology refers to anything that improves the likelihood of something happening. Globoforce ). They are proactive and motivated from within to perform a task well. Employees feel valuable and that they matter.

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Employee Recognition Statistics: What HR Professionals Need to Know in 2024

Terryberry

Globoforce) Highly engaged teams have a 40% lower turnover rate compared to disengaged employees and teams. Globoforce) Peer-to-peer recognition has a direct link to higher engagement levels. This typically includes peer-to-peer recognition, employee rewards as well as manager recognition.

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Conference Twitter Primer #SHRM18

Advos

Bookmark this page and refer to it during the event if you need someone’s Twitter ID. ComPsych : (MATT MORRIS) World’s largest provider of employee assistance programs (EAPs) and fully integrated EAP, behavioral health, work-life, wellness, HR and FMLA services. GregoryWStevens : I/O Research Consultant, @Globoforce.

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How to Motivate Employees – The Complete Guide

SnackNation

In each of the below chapters, we’ve outlined a critical element of employee motivation, and provided you with recommended content to further your understanding of the topic, as well as the best blog and influencer to follow. Small prizes like gift cards, certificates, or mere recognition can have a serious impact on morale.

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Answers to Your Top 5 Recognition Questions

WorkHuman

This question was in reference to the below information shared from the results of a Globoforce customer. The Globoforce WorkHuman Research Institute® partners with our customers to help them understand the impact of recognition activity on key business goals. With Globoforce, our success relies on your success.