[Report] 3 New Global HR Trends from Globoforce & RES Forum

WorkHuman

If you’ve been following the Globoforce blog these past few months, you may recall that we recently published a report with findings from the 2016 SHRM/Globoforce employee recognition survey. Do these trends in employee recognition, performance management, retention, and engagement look different outside of the U.S.? 50% of those surveyed work at companies of 25,000+ employees. The top three of these results were: Employee engagement (64%).

Major Studies Detail Correlation Between Employee Engagement and Retention

Hoops

. Recent Studies Detail Correlation Between Employee Engagement and Retention. For two years running, the top two HR challenges have been employee retention and employee engagement. Engagement and retention are both the end results of consistent and positive employee experiences. SHRM/GloboForce Employee Experience Survey. Here are just a few of the positive impacts of these programs, according to surveyed employees: .

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What’s the Key to Talent Retention? Human-Centered Approaches, Says SHRM/Globoforce Report

HR Daily Advisor

HR leaders are using human-centered approaches in the workplace, which may help resolve retention, recruitment, and culture management challenges, according to a new report released by Globoforce ® , a provider of social recognition and continuous performance development solutions, and the Society for Human Resource Management (SHRM). Among HR leaders surveyed, 80% say their organization currently has an employee recognition program.

How to Find Budget Dollars for Employee Recognition

HR Bartender

I thought about this as I was planning my agenda for this year’s WorkHuman Conference , pioneered by Globoforce. I saw that one of the sessions this year was titled “Show Me the Money: 5 Unexpected Places to Find Recognition Budget” and reached out to the speaker Rob Schmitter , solutions architect at Globoforce, to see if he would give us a sneak peek. It stands to reason that more engaged employees deliver better products and are more likely to ‘Wow’ your customers.

1% of Payroll: The Magic Number For Social Recognition Investment

WorkHuman

Underinvesting in your recognition program, however, can weaken the recognition experience for your employees. For example, imagine a global recognition program that allows the average employee to be recognized only once per year. Finding 3 in the 2016 SHRM/Globoforce Employee Recognition Survey shows that the sweet spot for values-based rewards and recognition investment is 1% or more of payroll. 5 Takeaways from the New SHRM/Globoforce Recognition Survey.

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. Promote employee recognition through internal communication channels. The HR TechStack for Employee Engagement Software.

Saba 40

5 Tips for Launching a Social Recognition Program

WorkHuman

Those companies are seeing strong impacts in employee engagement, happiness, productivity, retention, and more. The webinar will be co-hosted by Derek Irvine, vice president, client strategy and consulting at Globoforce, and Lynette Silva, senior recognition strategist at Globoforce. Drawing on experience from hundreds of successful customer launches, they will discuss how social recognition technology brings employees together.

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.

Say Goodbye to the Annual Bonus

WorkHuman

The chatter is focused on how to promote a coaching culture throughout the year to continuously improve employee performance. Traditionally, employees had their review with their manager and received a rating based on their performance over the past year. The video below features a snippet of Globoforce CEO Eric Mosley’s keynote from WorkHuman 2017. 1% of Payroll: The Magic Number for Social Recognition Investment.

How Four Companies Show Appreciation for Their Employees

Cornerstone On Demand

Employees are the backbone of your company, and a little recognition goes a long way. 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. This year, Employee Appreciation Day is on Friday, March 2 in the United States.

Cafe Classic: Why Employees Actually Leave (Hint: It's Not Money)

Compensation Cafe

Editor's Note: Why do employees leave? How much alignment is there between why managers think employees leave and their actual reasons for doing so? Leigh has been researching employee engagement and retention best practices for the last two decades and shared with the webinar participants his findings from deep analysis of employees included in the Saratoga Institute study (which included 20,700 surveys from employees in 17 industries, and 4,500 verbatim comments).

Employee Recognition Myths

Possible Works

ENGAGE. Employee Recognition Myths. Recognition at the workplace motivates employees and boosts their productivity. Employees are more likely to take initiatives and deliver on KPI’s if their efforts are valued and their contributions are appreciated. Studies have revealed that 64% of the employees resign as they feel unappreciated and disengaged while 69% of employees would work harder if they felt their efforts were better appreciated. RECOGNIZE. ALIGN.

Reality confronts traditional “Employee Recognition Myths”

Possible Works

ENGAGE. Reality confronts traditional “Employee Recognition Myths”. Recognition at the workplace motivates employees and boosts their productivity. Studies have revealed that 64% of the employees resign as they feel unappreciated and disengaged while 69% of employees would work harder if they felt their efforts were better appreciated. While this is important, recognition coming from peers can be a potent engagement source. Employee Recognition Myths.

Fixing Your Total Rewards Mix: Tom McMullen Q+A (Part 2)

WorkHuman

Get insights from Tom McMullen on finding the right mix of rewards for employees. Which reward programs provide the greatest impacts and ROI for employees? What role does peer recognition play in driving engagement? We did a joint study with Globoforce a couple of years ago on this topic. collaboration, operational excellence, innovation) can really engage the workforce. “Peer recognition programs…can really engage the workforce.”

Celebrate Your Employees: Employee Recognition At Its Best

Get Hppy

Not only do recognition and gratitude have positive impacts on the health and well-being of employees, they can also increase engagement. Companies who have employee recognition programs have engagement levels over 71% higher than companies without recognition programs. The programs motivate employees and boost satisfaction. Companies who spend at least 1% of their payroll budget to celebrate employees see employee engagement increase by 85%.

Recognition & Inclusion

Unipos

Not only will these elements promote the health of your organisation overall, but they will also increase employee satisfaction, retention, and performance. We at Unipos are passionate about employee engagement and building a healthy workplace culture, so we’ve compiled some key facts and top tips to help you and your team practice recognition and inclusion today. Too often, employees can go for days just feeling like another cog in the machine. SHRM/Globoforce Survey.

Conference Twitter Primer #SHRM18

Advos

Also read our post on Social Marketing Best Practices for HR Conferences and Trade Shows to help your team get up to speed on engaging with conferences socially. 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. Employee_Health : Your source for powerful, practical health and wellness tips for both you and your organization.

300+ Women Leaders in HR! These Women in HR Bring a Unique Blend of People & Strategic Skills.

CakeHR

Lloyd , Global HCM Strategy and Customer Engagement. Claire Schooley , Independent Consultant on Learning, Recruiting, and Employee Engagement. Deb Muller , CEO & Founder, HR Acuity – The Employee Relations Case Management Solution. VP Employee Relations | HRTech | Shared Services at Adtalem. Elaine Morgan , Working with organizations to introduce cool and innovative ways to make employees smarter! Kristin Lewis , VP of Product at ENGAGE Talent.