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5 Eye-Opening HR Stats: Why Employee Recognition Matters

Achievers

Employees are arguably the most important component of a successful business. Employees put a human face on the product, build relationships with customers, and define the work culture that feeds business performance – yet 32% of companies struggle to retain top talent. What defines an effective retention strategy varies from business to business, but there is one common element that has been found to work across most business types and sectors: employee recognition.

The Neuroscience of Employee Engagement

Achievers

Job satisfaction is at the heart of employee engagement. This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives? Drive to Acquire : the need to seek, to take control, and to retain objects and personal experiences of value in pursuit of immediate gratification.This can be fulfilled with short term gratification through employee recognition and rewards.

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The Neuroscience of Employee Engagement

Achievers

Job satisfaction is at the heart of employee engagement. This makes me question: how can we leverage neuroscience findings to help optimize employee engagement initiatives? Drive to Acquire : the need to seek, to take control, and to retain objects and personal experiences of value in pursuit of immediate gratification.This can be fulfilled with short term gratification through employee recognition and rewards.

Top 4 Benefits of Employee Engagement

Achievers

People are always complaining about their jobs; whether it’s a boss who drives you up the wall, work that bores you to tears or even the nagging suspicion that you’re being underpaid, each unhappy employee has their own reasons for dreading a Monday morning. An easy way to think about employee engagement is to look at your existing staff. Naturally, we think all employees will be like that when we hire them – otherwise, why bother? More Productive Employees.

2020 Employee Engagement Trends

Achievers - Recruiting

With digitalization, globalization, and new generations entering the workforce, the faster a company can evolve alongside shifting consumer and employee engagement trends, the better equipped they are to survive in the long run. How do you drive genuine employee engagement?

How to Protect Your Company from High Employee Turnover

Achievers

Every manager and HR professional views employee turnover as a headache, but do you actually know how expensive and damaging it can be to your organization? Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. Furthermore, productivity in the at-home contingent had increased by 13.5

Why Insight is the Best Customer Service

Achievers

With product and service information so easily accessible online, customer service can be can be a key differentiator for your business if delivered in a strategic way to add unbeatable value. If you want to really stand out from your competition as a premium provider, you need to provide the ‘why’ behind your product. If you take the time to understand industry trends you will be able to position your product or service more effectively to your customer. By: Sarah Clayton.

Top 4 Benefits of Employee Engagement

Achievers

People are always complaining about their jobs; whether it’s a boss who drives you up the wall, work that bores you to tears or even the nagging suspicion that you’re being underpaid, each unhappy employee has their own reasons for dreading a Monday morning. An easy way to think about employee engagement is to look at your existing staff. Naturally, we think all employees will be like that when we hire them – otherwise, why bother? More Productive Employees.

5 Keys: How to Become an Inspirational Leader

Achievers

According to Great Leadership , organizations with the highest quality leaders were 13 times more likely to outperform their competition in key bottom-line metrics such as financial performance, quality of products and services, employee engagement and customer satisfaction. CEOs are focusing on leadership development opportunities for their workforce more than ever to maximize business performance and encourage their employees to reach their full potential.

How to Get Executives On Board with Employee Rewards and Recognition Programs

Achievers

But there’s a proven way to address this problem: focus on employee engagement. According to a Harvard Business Review study , 71% of respondents rank employee engagement as very important to achieving overall organizational success and recognition happens to be the #1 driver of employee engagement. It’s clear businesses need to focus more on employee engagement and recognition strategies. Why will your employees love it?

How Celebrating Workplace Milestones Improves Employee Engagement

Rise

However, n o matter how busy you are, it’s always important to take the time to celebrate employee milestones in the workplace. Whether you reward an entire department or give a shout-out to an individual employee, appreciating even the smallest details can do wonders for company morale and employee engagement. Appreciation and engagement. Tanner’s white paper. This, in turn, will have an effect on productivity.

4 Steps: How to Build an Engagement-Driven Office Culture

Achievers

The importance of employee recognition and engagement cannot be overstated. Companies everywhere are shelling out billions every year for HR programs designed to enhance their office culture and improve employee productivity. Yet, according to Gallup’s 15-year study , the percentage of American workers that are “actively engaged” at the workplace remains fairly stagnant, with an average of just around 32%.

7 Reasons Why Your Company Needs an Engaged Workforce

Achievers - Recruiting

Your challenge as a manager is to generate this same focused energy among your employees for their work tasks. Success in this endeavor for an engaged workforce is a basic necessity for any company’s financial resilience. Your employees will be healthier.

5 Company Initiatives That Improve Office Culture

Achievers

With employees spending most of their time (some upwards of 50 hours a week) in the office, it’s should come as no surprise that HR leaders consider developing and nurturing corporate culture and employee engagement to be their number one challenge. Initiatives that promote health, work-life balance, kindness and gratitude already exist and can go a long way in bolstering a positive office culture while also increasing engagement. By: Jessica Thiefels.

10 Fun Ideas for Celebrating Work Anniversaries

Achievers

On the inside, you’re full of warm-hearted gratitude for the loyalty of employees who stick around for the long haul. They can’t read your mind, so celebrating employee milestones and work anniversaries is a way to showcase your positive energy and spread it around. It’s also a way to strengthen your company’s financial position, because a stronger work culture leads directly to stronger employee engagement. Support the Employee’s Charitable Cause.

Are You Personalizing the Employee Experience?

Achievers

Lack of Employee Engagement. Unfortunately, many of the same businesses that have found success investing in personalized services for their customers have failed to apply these same principles to their employer-employee relationships – and it shows. According to Gallup, the rate of employee engagement has steadied around 32 percent for more than a decade, despite the fact that employers together are investing more than $720 million a year on employee engagement.

How to Convert a Disengaged Employee Into An Engaged One

Achievers

Overall, 16 percent of employees are actively disengaged, according to Gallup , but even one disengaged employee is one too many. When you have actively disengaged employees in your fold, your other team members, who may have their own outside stresses and yet work hard to play by the rules, may feel resentful. Step One: Get Employee Feedback and Listen. It’s rare that an employee shows up at work with a desire to be engaged – or to disengage others.

How Company Culture Drives Employee Performance

Achievers - Recruiting

When you work in the HR department, it’s easy to become enmeshed in all the ins and out of compensation, benefits packages, and employee performance reviews — it’s a big part of the job! But money isn’t everything, and employees know it. another strong driver of employee performance.

5 Tech Tools to Empower Your Remote Team to Stay Productive

Achievers - Recruiting

In fact, one study by Global Workplace Analytics found that employees save between $2,500 and $4,000 per year by working remotely because of lowered gas, parking, food, and wardrobe costs. However, these benefits only actually benefit the company if the remote team is actually productive.

Where HR Tech Is Headed

Achievers

Here’s a quick preview of the most relevant trends in digital management of the human beings that work for you: It’s All About Employee Engagement. As a matter of fact, though, it has done the opposite: Where talent management was once automated and characterized by practice-driven solutions, the whole focus has now shifted in the direction of employees’ human needs. Tech for Employee Learning. Start using HR tech to engage your workforce.

5 Biggest Challenges for HR Leadership Teams

Achievers - Recruiting

Absenteeism costs the country’s employers about $225 billion annually , and that’s only the amount from lost productivity. The cost of worker’s compensation payments, medical expenses, and legal consultation fees are additional, as are indirect costs such as temporary employees, accident investigation, and repairing or replacing any problematic physical infrastructure. Improving employee retention. Keeping employees engaged.

Beyond Employee Engagement: 6 Tips to Improve the Employee Experience

Achievers

“There are only three measurements that tell you nearly everything you need to know about your organization’s overall performance: employee engagement, customer satisfaction, and cash flow. It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” – Jack Welch, former CEO of GE. Recognition and rewards. Engaging employees is no easy feat.

Incentive Programs 101: What is a Sales Incentive Program?

The Incentive Solutions News blog

A study conducted by the Incentive Research Foundation revealed that 90% of top performing companies, vetted extensively for high revenues, notable stock growth, and excellent customer and employee ratings, use a sales incentive program. What is a sales incentive program?

Incentive Programs 101: What is a Sales Incentive Program?

The Incentive Solutions News blog

A study conducted by the Incentive Research Foundation revealed that 90% of top performing companies, vetted extensively for high revenues, notable stock growth, and excellent customer and employee ratings, use a sales incentive program. What is a sales incentive program?

3 Keys to Employee Productivity & Retention You Haven’t Thought About

EngagementMultiplier

And yet, almost a year into the pandemic, cohesion remains a challenge, and as a result, employee productivity remains a top concern for company leaders. Some recent employee survey data suggests that after months of struggling, something is about to give.

How to Convert a Disengaged Employee Into An Engaged One

Achievers - Recruiting

Overall, 16 percent of employees are actively disengaged, according to Gallup , but even one disengaged employee is one too many. When you have actively disengaged employees in your fold, your other team members, who may have their own outside stresses and yet work hard to play by the rules, may feel resentful. Step One: Get Employee Feedback and Listen. It’s rare that an employee shows up at work with a desire to be engaged – or to disengage others.

What is Employee Voice and Why Is It Important? 

Achievers - Recruiting

Do your employees believe they have a voice in the workplace? top 10 workplace trends and “capturing the voice of the employee” was on the list. Organizations need to promote and encourage employee voice and turn that voice into productivity, innovation, and?engagement.?

Top Workforce Challenges and Trends Impacting the Healthcare Industry in 2020

Achievers - Recruiting

In order to maintain the high level of patient care that many healthcare organizations aspire to, both employee recruitment and retention must become a priority. From an HR standpoint, increased employee burnout also leads to a spike in turnover rates. Prioritize employee recognition .

The Employee of the Month Criteria for Success

Get Hppy

When done right, having a formal and robust Employee of the Month criteria in your company can be a very powerful tool to boost morale, motivate employees and promote a culture of public praise, excellence awards and recognition. In this post we will dig into these topics: Why Have an Employee of the Month Program? Ways to Award the Employee of the Month. A Better Way to Recognize Employees. How to Implement a Cross-Employee Survey Solution.

Survey 109

How to Address High Turnover With Retail Employees

Achievers - Recruiting

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. When you add it all up, retail employee turnover is incredibly expensive. .

Why You Need Both Workplace Culture Platforms and Productivity Platforms

Bonfyre

In the past, managers used to view technology almost exclusively with an eye towards improving productivity, but the proliferation of social media has caused us to re-evaluate its utility for the employee experience. Workplace culture platforms operate on the basis of two principles: Strong human relationships are at the heart of a highly-engaged workforce and strong culture. But don’t let this similarity with productivity platforms fool you.

Top Do’s and Don’ts for Elevating the Employee Experience

Achievers - Recruiting

High levels of employee engagement are known to boost productivity, improve customer satisfaction , and bolster retention rates. It ’s these very benefits that have spurred companies across the country to invest in enhancing the employee experience. . Despite this investment, only 13 percent of today’s employees report feeling engaged in the workplace. Today, employees want real-time feedback on a continuous basis.

Why You Can’t Afford Disengaged Employees

Achievers - Recruiting

Engage Blog. Employee Engagement. Employee Feedback. Employee Retention. Recognition and Rewards. Employee Engagement. Employee Feedback. Employee Retention. Recognition and Rewards. -->. Why You Can’t Afford Disengaged Employees. Why You Can’t Afford Disengaged Employees. Disengaged employees are responsible for an estimated $450 to $550 billion annually nationwide, according to a Gallup poll.

5 Management Skills Every Manager Should Have

Vantage Circle

Proper management in an organization fosters productivity and work ethic in a workplace. Empathy lets you connect to your employees at a very core level. It helps you being sensitive towards your employees work overload. Also helps you understand the needs, hopes, and aspirations of your employees. You become more willing to help an employee with personal problems compassionately. Taking into account the perspectives of the employees.

5 Management Skills Every Manager Should Have

Vantage Circle

Proper management in an organization fosters productivity and work ethic in a workplace. Empathy lets you connect to your employees at a very core level. It helps you being sensitive towards your employees work overload. It helps you understand the needs, hopes, and aspirations of your employees. You become more willing to help an employee with personal problems compassionately. Taking into account the perspectives of the employees.