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The importance of employee recognition

Interact-Intranet

The importance of employee recognition is often overlooked – are you aware of the impact? Employee recognition is essential for motivating, retaining and fully engaging our employees. Now, employees expect – and respond – to the same approach when it comes to recognizing their contributions within the workplace. This means the days of annual appraisals and salary as the sole driver for employees are behind us. Source: Globoforce.

Survey: 93% of Managers Need Training on Coaching Employees

WorkHuman

Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. ( The Proven Links Between Retention and Employee Experience ). 1% of Payroll: The Magic Number for Social Recognition Investment ).

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5 Takeaways from the New SHRM/Globoforce Recognition Survey

WorkHuman

2016 SHRM/Globoforce Employee Recognition Survey. For the data geeks among us, the release of the 2016 SHRM/Globoforce Recognition Survey is like an early holiday gift. This report shows where to focus your efforts by examining best practices in budgeting employee recognition, the impact of recognition on organizational outcomes, trends in human workplace efforts, and evolving performance management practices.

Can Performance Management Make you a Better Human?

Compensation Cafe

Would your first inclination be to think of the large aims that you set out for yourself in your last review meeting with your manager? This is one of the big reasons I find the transformation of performance management so exciting. Short-term performance, with the right tools and philosophy, can be aligned to the ongoing achievement of our larger goals, making us more effective along the way. Performance Management Recognition

[New Report] How to Make a Business Case for Social Recognition

WorkHuman

Don’t you wish you could convince your stubborn colleagues of the business value of praise and recognition? We recently published a paper titled, The ROI of Social Recognition: 7 Ways it Drives Business Success. It’s packed with the latest industry studies and statistics that show the proven links between social recognition and quantifiable business metrics. Here’s a sneak peek at the 7 ways social recognition impacts business: It reinforces company values and culture.

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Recognizing People: A Recap of the WorkHuman Conference

Compensation Today

Not surprisingly, there was a lot of focus on the human and employee experience at the WorkHuman conference. A number of presenters shared projects that had impact on employee experience within their organizations. Eric Mosley, CEO of Globoforce, laid out five future trends, including: replacing performance management with continuous feedback, individualized rewards and pay, team management, the role of the coach, and HR as a culture facilitator.

3 Questions to Improve Feedback Conversations

Compensation Cafe

Some actively avoid the process altogether, capitulating only when annual performance reviews demand that something be documented. However, there are trends transforming the status quo for the better- to remake feedback into a process of broader performance conversations. It is a valid worry, according to findings from recent surveys of managers. Who has visibility into the performance? What has the history of performance conversations been?

The Changing Nature of Performance

Compensation Cafe

Instead, many are contemplating radical transformations of what HR can be and how we can better provide an employee experience. They are fundamentally breaking down and rebuilding services across learning, talent acquisition, and performance. Perhaps nowhere are we seeing more of this happen than around performance and related appraisal and compensation activities. The driving force for much of this change is the evolving nature of performance itself.

Cultural Practices for a More Dynamic Workplace

Compensation Cafe

Leaders as coaches. While it is important for leaders to provide a clear and motivating vision of the direction the company or team should take, it is equally important to provide employees the autonomy to determine the specific path to that goal. Crowdsourced performance. As roles become more fluid, that level of understanding can be difficult to achieve unless the company has developed a scalable, social solution for employees to contribute and share that knowledge.

The Social Side of Teams

Compensation Cafe

Employees play a large role in shaping and sustaining these informal networks. In the world of teaming , employees can reach out to colleagues, customers or business partners, coming together as ad-hoc teams to solve specific needs, and disbanding or reforming just as quickly. Historically, people managers were tasked with building the ideal team and had time to plan around each question. Performance Management Recognition

How to Develop Consistent Performers

Compensation Cafe

Most everyone is familiar with the segmentation of a workforce into groups of top performers; consistent contributors and those needing further development. These groups make sense when we discuss performance and compensation, ensuring that (often limited) organizational investments are distributed according to where they will have the most impact. The key is combining social recognition and coaching to turn that potential into performance.

Cafe Classic: The Importance of "Why?"

Compensation Cafe

Why do your employees do what they do every day? Yes, some employees have been pushed so close to the edge by their work environment, their honest answer to “Why do I go to work everyday?” But I think we can all agree, the goal is to ensure employees never reach that stage. The “Why” is also the one that inspires employees to truly engage with their work and not just their paycheck. Performance Management Total Rewards

Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Features of Employee Engagement Tools. Employee perks: Employee discounts.

What Are Your Company’s Core Values?

HR Daily Advisor

Today we are joined by Derek Irvine , the VP of Client Strategy and Consulting at Globoforce, who is answering questions about a recent research report that they released entitled Bringing More Humanity to Recognition, Performance and Life at Work. Derek Irvine: Every organization has a set of values that guides every decision made – from the way employees interact with clients, to the types of products they sell.

HR TechStack – Employee Engagement Software

WhoKnows

Employee Engagement Software Definition. Employee engagement software helps organizations solicit and track feedback from their employees, recognize employee achievements, and promote positive activity. Employee engagement tools are used to draw actionable insights from employee feedback. To qualify for inclusion in the Employee Engagement category, a product must: Enable users to conduct employee pulse surveys to gauge employee satisfaction.

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#Employee Feedback Is The Killer App #HR

TalentHQ

A new market has emerged: Employee feedback apps for the corporate marketplace. These tools are powerful and disruptive, and they have the potential to redefine how we manage our organizations. As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. As attention shifts toward the health and happiness of staff, employee engagement remains surprisingly low. The Solution: Employee Feedback as the Killer App.

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