Accelerate Your Employee Recognition Program with Meaningful Rewards

Bonusly

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.

Turning New Hires into Engaged Employees – 3 Quick Tips for Success

Achievers

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs.

A Recognition Moment: An Interview with Sandra Garcia of General Motors

Achievers

Meet Sandra Garcia Global Compensation CoE (Center of Expertise) Lead for Global Strategic Initiatives – Global Recognition and Global Service Awards Programs, General Motors . We want to take a moment to recognize Sandra for her accomplishments in employee engagement.

Measuring Employee Satisfaction Through Voluntary Turnover

Benefit One USA

Schedule, workload, environment, salary, culture, values, management – these all affect employee satisfaction in one capacity or another. Regardless of the cause, voluntary separation and employee satisfaction are invariably linked, making the former a reliable way to measure the latter – when done properly. Look at the numbers, but also critically examine the nature of your company and how it serves its employees. Employee Recognition

Rewards and Recognition: Are You Doing Enough to Acknowledge Employees Hard Work?

Astron Solutions

Forbes reported in 2012 that there is a $46 billion market for employee recognition programs. With it being such a huge market, clearly employee recognition is important for every organization to consider. Low employee retention rates and increased turnover rates.

Improving Employee Engagement with Rewards and Recognition

Women of HR

A recent Gallup research study shows that employees who do not feel properly recognized are twice as likely to say they will quit within the next year. Fortunately, companies can make a big difference by offering employee reward and recognition programs. Employee recruitment.

Getting Crowdsourced Pay Right

Compensation Cafe

Crowdsourced compensation is one of those terms that can send people running in the other direction, or at least just look at you with a smirk. Typically, a relatively small portion of the overall payroll budget is devoted to crowdsourced methods, like social recognition. Recognition

How To Avoid Creating A Negative Culture Of Cynicism And Sabotage

SuccessFactors

Some employers fall victim to scare-tactic polls that report 80 percent of employees are either running for the exits , job hunting, or sabotaging their businesses from within as a result of a negative culture. Employees can’t connect changes in the organization with their feedback or input.