The Employee Recognition Landscape is Changing

China Gorman

The fifth research report in an annual partnership between SHRM and Globoforce was published this week. With the economy and hiring improving, businesses are wise to become concerned that the “grass is greener” syndrome may take hold of their very best employees. The employees who are super marketable as job opening grow. (In In 2013 and 2012, the SHRM/Globoforce surveys identified employee engagement and succession planning as the topmost HR concerns.

[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.? A bit about the survey: Main respondents were senior reward managers and global mobility managers.

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A Complete Guide To Employee Recognition

Vantage Circle

A Complete Guide To Employee Recognition. This is the ultimate guide to employee recognition for business leaders. Here, you'll learn: What employee recognition is. Build an effective recognition program. What is Employee Recognition?

Surprise! Survey Shows How Employee Recognition Landscape is Changing

TLNT: The Business of HR

The fifth research report in an annual partnership between SHRM and Globoforce ( the 2015 Employee Recognition Survey ) was published this week. With the economy and hiring improving, businesses are wise to become concerned that the “grass is greener” syndrome may take hold of their very best employees — the employees who are super marketable as job opening grow. (In Recognition adds to the bottom line.

Top 25 Employee Recognition Statistics Leaders Need To Know

Vantage Circle

The benefits of employee recognition and its connection to successful business outcomes may be intuitively obvious to you as an HR manager. But you’d want to have some persuasive employee recognition statistics by your side to back your point. Source : Globoforce.

Employee Recognition Myths

Possible Works

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. ENGAGE. RECOGNIZE.

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.

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). Recruitment follows as the second biggest challenge, while 34% of those surveyed also see culture management as a top challenge.

6 New Stats for Employee Recognition Skeptics

WorkHuman

I feel lucky to work for a company that understands and invests in employee recognition and rewards. But we’ve all worked for companies or leaders who don’t buy into the concept of employee recognition. New research from Globoforce’s WorkHuman Research Institute can help you silence the skeptics. workers surveyed told us they haven’t been recognized at work in six months or more. Frequent recognition builds meaning and purpose.

Reality confronts traditional “Employee Recognition Myths”

Possible Works

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.

Cafe Classic: Employee Recognition From The Psychology Perspective

Compensation Cafe

Editor's Note: What can Psychologists teach us about employee recognition. What do employees value most for recognition? I’ve certainly written about several surveys on this topic – from the academic , industry analyst and vendor perspectives. I’ll admit it caught my attention primarily because of who conducted the survey – the American Psychological Association (APA) Center for Organizational Excellence. 3) We rely too much on manager recognition.

How to Start a Peer-to-Peer Recognition Program + Employee Recognition Ideas

Pingboard

You may have heard how beneficial peer-to-peer recognition is in giving color to employee performance reviews. But an established peer recognition program increases employee happiness, engagement, and collaboration, making the office a more enjoyable and productive place for everyone.

Talent and HR News Weekly Update: Employee Recognition Trends

exaqueo

“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years.

Cafe Classic: Signs Your Employee Recognition Program Is in Trouble

Compensation Cafe

Editor's Note: In this Classic post, which focuses on recognition but truly speaks to employee rewards in a broader sense, Derek Irvine calls out some of the red flags that point to a program in trouble -- and offers some advice on understanding the issues and finding a way forward. I spend many hours and days with clients helping them evaluate their recognition practices and uncover areas for improvement. You retain the power of recognition.

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. The Proven Links Between Retention and Employee Experience ). Recognition programs tied to organizational values are perceived to outperform other programs on every metric evaluated. 1% of Payroll: The Magic Number for Social Recognition Investment ). Do managers need training on how to coach employees?

The Business Case for Employee Recognition and Rewards

Compensation Cafe

Why do we compensate employees? But compensation professionals (and readers of this blog) know the pay cheque is but one part of a very complex agreement between employer and employee to maximize a mutually beneficial relationship. Latest in these reports is Mercer’s 2015/2016 US Compensation Planning Survey, which is well summarized in this SHRM report. Career-change opportunities within the company to keep employees on board while diversifying capabilities.

[Infographic] How to Build a Rock Solid Employee Recognition Program

WorkHuman

How much should you invest in recognition for the greatest return? Why are more organizations adopting values-based recognition programs? How can organizations make tangible improvements in employee engagement, retention, workplace culture, and recruitment? These are a few questions answered in findings from the new SHRM/Globoforce Employee Recognition Survey. Infographic] How to Build a Rock Solid Employee Recognition Program Click To Tweet.

Trends in Employee Recognition Show Growing Importance in Results-Driven, Culture-Oriented Approach

Compensation Cafe

WorldatWork’s latest “Trends in Employee Recognition Report” is out. Key highlights from this year’s report: 1) Prevalence of recognition programs in organizations continues to grow. 89% of organizations offer some sort of recognition program with an average of 4.6 different types of recognition programs in each organization. Recognizing loyalty through years of service celebrations remains the number one most common recognition program. Recognition

5 Employee Appreciation Ideas For Your Remote Team

Engagedly

Positive feedback like this will keep your employees motivated and encouraged. It helps employees to take pride in what they do and take ownership of their work. Additionally, it improves the productivity of employees and keeps them engaged. Peer-to-Peer Recognition.

10 Rules for Recognition That Increase Employee Commitment

TalentCulture

So, when I hear from managers that they have no time to recognize, or show appreciation for their employees , I cringe. Essentially what these managers are saying is, they’re not interested in increasing employee commitment to the cause. They want their employees to feel taken advantage of. But not recognizing employees for their hard work is management malpractice. Management malpractice also drives the outdated belief: “Why should I recognize my employees.

10 Rules For Recognition That Increase Employee Commitment

SuccessFactors

So when I hear from managers that they have no time to recognize or show appreciation for their employees , I cringe. Essentially what these managers are saying is, they’re not interested in increasing employee commitment to the cause. They want their employees to feel taken advantage of. But not recognizing employees for their hard work is management malpractice. Management malpractice also drives this outdated notion: “Why should I recognize my employees?

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.

Will Employee Service Awards Disappear In the Gig Economy?

Workology

If you have been working for any period of time you may have worked for a company that recognizes employees for years of service. According to a survey by SHRM and Globoforce 74% of companies report that they still have service anniversary programs. Companies hope that these programs engage employees, increase employee satisfaction, make employees happy, renew employee commitment and more. HR employee recognition gig economy

3 Ways to Help Employees Understand Their Worth

Cornerstone On Demand

How often do you talk about pay with your employees? " The lack of communication around compensation leads employees to make their own assumptions about their worth — and how their paychecks stack up to their peers. A recent study from compensation software company PayScale found that among 71,000 people surveyed, an incredible 83 percent believed they were paid below market rate — even though 66 percent actually earned at or above market value.

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

WorkHuman

Why do some recognition programs take off with widespread adoption, while others struggle to gain traction or make an impact? The problem is not that some work cultures don’t need recognition – appreciation is a basic human need. One challenge many companies face is that executives, and sometimes even HR leaders, perceive recognition as a cost as opposed to an investment. What about “free recognition” or “e-thanks”? Funding Recognition Without Adding Budget.

[Webinar] Stepping Up Global Recognition at Schneider Electric

WorkHuman

In the five years we’ve conducted the SHRM/Globoforce Employee Recognition Survey, employee retention/turnover has nearly doubled as a top concern for HR professionals. In an article for “Forbes” on 2017 workplace trends , WorkHuman speaker Dan Schawbel rightly predicted that the war for talent would heat up this year, writing: “The average tenure for employees, regardless of age, is a mere 4.6 Report] 3 New HR Trends from Globoforce and RES Forum.

The Recognition Science Denier

WorkHuman

She started our meeting by saying, “Of course, I know what recognition is. It’s a soft, feel-good program that employees seem to like and a necessary expense today. She was a “Recognition Science Denier.” But by the end of the meeting, our conversation had shifted from recognition as a cost to recognition as an investment – in culture, and employee experience , retention , and engagement. “We Do you work with a Recognition Science Denier?

Employee Engagement All about Connections and Good Work

Compensation Cafe

Yesterday SHRM released its annual “Employee Job Satisfaction and Engagement Report.” It’s interesting in how it segregates true “satisfiers” from the factors and conditions that help employees more deeply engage. For example, SHRM makes the distinction this way: “Employee engagement may or may not be aligned with employee job satisfaction, as engagement is tied to employees’ connection and commitment to their work and their particular organization.”.

Bringing Recognition to Real Estate: Minto Group’s Story

WorkHuman

We recently spoke to Dave Bond, director of talent management and total rewards at the Minto Group, to discuss how the home building and property management company modernized its approach to social recognition and saw immediate results in terms of employee reach. Bond also discussed how he’s leveraging recognition analytics for managers and executive leadership, and why he’s excited about the WorkHuman movement. How would you describe Minto Group’s culture and employee base?

Groups 104

5 Ways to Keep Performance Reviews From Becoming Boring

HR Bartender

And if the goal is for employees to have consistent performance, that means that managers are discussing the same thing with employees. Long-term employees have participated in the same process each year for what seems like an eternity. Both the manager and employee knew what the conversation was going to focus on, but it was brief and to the point. Learn why employees stay so those things don’t change. Ask employees to do a self-evaluation.

5 Ways to Keep Performance Reviews From Becoming Boring

HR Bartender

And if the goal is for employees to have consistent performance, that means that managers are discussing the same thing with employees. Long-term employees have participated in the same process each year for what seems like an eternity. Both the manager and employee knew what the conversation was going to focus on, but it was brief and to the point. Learn why employees stay so those things don’t change. Ask employees to do a self-evaluation.

[WEBINAR] 3 Universal Drivers of Employee Happiness

WorkHuman

But I know there are some skeptics among you, so I’ve compiled five of our most recent statistics around happiness at work: Only 35% of employees consider themselves happy. And yet, 73% of employees report that being recognized made them happier at work and 35% say it also made them happier at home. 86% of HR professionals surveyed say that values-based recognition increases employee happiness and 84% say it improves employee relationships.

Annual Performance reviews vs Continuous feedback

Tap My Back

What do HR leaders say: “45% of HR leaders think annual performance reviews are NOT an accurate appraisal of employee’s work.” ” - SHRM/Globoforce Survey, 2012 What do employees say: 36% say they rarely or never receive performance feedback (67% wished they did) 28% say they never discussed future goals and tasks with their bosses (70% wished they did) 74% feel in the dark about how managers and peers think they’re performing. >50%

How to Motivate Your Loyal Employees

ATD Human Capital

According to a 2015 employee recognition survey by the Society for Human Resource Management (SHRM) and Globoforce, organizations with programs that recognize and reward employees for their time and contribution experience better business results. The report also states that employee turnover, employee engagement, and succession planning are the top three challenges that organizations are facing today. raise employee engagement.

How to Destroy Employee Motivation

WorkHuman

Have you ever had an employee who disengages from his or her work, resulting in poor performance? To learn more about how managers can be better coaches, check out this post on findings from the 2016 SHRM/Globoforce Employee Recognition Survey. Earlier in my career, I worked for a tech company in the Boston area. My managers were my coaches and my biggest supporters. Our four-person team was very collaborative and it was a fun environment.