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white paper: leading retail organizations today

O.C. Tanner

Equally as crucial are the employees whom retailers must rely on to differentiate in a competitive market and solve the challenges facing the industry as a whole. Engaging employee feedback loops is an easy way retailers can utilize employees to provide actionable insights to overcome some of the challenges in expansion. Focusing on employee recognition can be an effective tool ensure good work relationships across different working cultures.

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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.

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. Help your employees reach toward the future.

Top 5 Reasons Businesses Need Rewards and Recognition Programs

Achievers

How do you handle rewards and recognition within your workforce? Has your company kept pace with current trends in HR and the widely recognized need for employee engagement programs? Most importantly, are you aware that 51% of employees are not happy at work and that, according to Gallup, fully 87% of employees worldwide are not engaged ? And the Harvard Business Review reported that recognition for high performers was the top driver of employee engagement.

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. By: Marci Peters.

What One Industry Can Teach All Others About Employee Recognition And Engagement

Madison

The professional services industry is not without its employee engagement challenges. Their levels are noticeably higher while their share of disengaged workers is well below all other industries. In this month’s Performance Perspective, Mike Ryan explores: • Employee engagement within the professional services industry. • Why Social Recognition means involving everyone. • Resources White Papers

10 Employee Recognition Gifts That Work

Kazoo

And if there’s one thing Barney Stinson proved over nine seasons other than his love of women, it’s that he recognizes the power of a well-timed high-five. This momentary mano-a-mano recognizes in one swift movement pleasure with a job well done. It’s these types of personal connections, research shows, that make all the difference for your employees. Convey these precious motivating mood enhancers as soon as possible and then watch your employees shine.

4 Tips to Fostering a Peer-to-Peer Recognition Program

Madison

The one thing more powerful and efficient than managerial recognition is having a peer reward you for a job well done. However, over 80 percent of employees don’t think they receive enough recognition in their workplace. How do employers engage their employees through more appreciation? In this White Paper we explore: How an organization benefits through a peer-to-peer employee recognition program. White Papers

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. If you’re unsure where to start, here are a few initiatives to consider: Employee Health. With fitness trackers and other wearables, people can now track how long and how well they’re sleeping every night.

Employee Appreciation Week: Celebrating Achievers’ Employees

Achievers

We love Employee Appreciation Week here at Achievers ! In celebration of Employee Appreciation Week, we want to turn the spotlight to Achievers’ employees. We’re highlighting some of our favorite Achievers moments within the past year, from fun culture videos to employee recognitions. To kick things off, we want to bring it back to our Achievers Carpool Karaoke video which we played during our company-wide Recognition & Rewards (R&R) meeting.

5 Things Your CEO Needs to Know About Employee Engagement 

Achievers - Recruiting

If you’re a CEO, do you treat employee engagement as solely the domain of the Human Resources (HR) department? And if you’re an HR professional, do you find yourself trying to persuade your CEO that employee engagement should also be a C-suite concern? Encourage employee voice.

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.

5 Biggest Challenges for HR Leadership Teams

Achievers - Recruiting

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. On a parallel track is the need to provide support for employees battling mental illnesses such as depression. Improving employee retention. Keeping employees engaged.

7 Ways to Create an Unbeatable Employee Experience

Achievers

What do your employees say about their experience with your company? A Bersin survey finds that “Nearly 80 percent of executives rated employee experience very important (42 percent) or important (38 percent), but only 22 percent reported that their companies were excellent at building a differentiated employee experience.” Furthermore, 59 percent of these respondents reported that they are not fully ready to address the challenge of creating a great employee experience.

Report 143

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.

Incentive Programs 101: What is a Sales Incentive Program?

The Incentive Solutions News blog

Sales incentive programs make use of both non-cash rewards as well as cash-based SPIFFs as part of an additional (yet separate) motivational tool to a standard sales compensation plan. What is a sales incentive program?

Why You Should Discuss “Proud Employee Moments” In Performance Reviews

Get Hppy

Employees dread them, managers hate conducting them and, generally, they don’t appear to be effective. In fact, 78% of HR managers say their annual performance review doesn’t improve employee performance and only 56% of employees think they are reviewed fairly. Find out how you can use people analytics to predict, manage and measure the impact of HR operations by downloading our new white paper. This technique encourages the delivery of employee recognition.

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. Are you ready for the future of human resources?

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?

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.

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.

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 133

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. This begs the question: why are some employee engagement programs working while others aren’t? Designing an engaging office culture requires more than just planning birthday parties or patting a worker on the back for a job well done.

10 Scary HR Stats That’ll Make You Howl This Halloween

Achievers

A recent survey by Leadership IQ reported that, “46 percent of newly hired employees will fail within 18 months.” Depending on the location of your employees and offices, you may have a lot of education and retraining to invest in. #5: Remember that recruiting is only half the battle — ensure your structure is also set up to effectively retain new and old employees alike. #6: How do you welcome and onboard new employees?

Incentive Programs 101: What is a Sales Incentive Program?

The Incentive Solutions News blog

Sales incentive programs make use of both non-cash rewards as well as cash-based SPIFFs as part of an additional (yet separate) motivational tool to a standard sales compensation plan. What is a sales incentive program?

3 ways to be a bad recognition receiver

O.C. Tanner

With all the articles, emails and white papers I see touting the virtues of doing recognition right, I have a question: What about receiving recognition right? These questions came to mind after I recently attended a recognition moment that was, well, a little odd. The person giving the recognition did a great job (gave specific details of what the recipient did, how it helped the team and company, etc).

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.

7 Ways to Create an Unbeatable Employee Experience

Achievers - Recruiting

What do your employees say about their experience with your company? A Bersin survey finds that “Nearly 80 percent of executives rated employee experience very important (42 percent) or important (38 percent), but only 22 percent reported that their companies were excellent at building a differentiated employee experience.” You’ll only achieve this goal if you know how to create an unbeatable employee experience. Offer Frequent Recognition.

This Week in Employee Engagement: August 18, 2017

Maritz Motivation

Start here to narrow down your search each week in the often overwhelming landscape of employee engagement thought leadership! In this article from HR Zone, discover four types of empowering cultures and how to encourage employees to speak up. From CultureNext: How Does Your Employee Engagement Program Stack Up? — Find out how your organization measures up against industry benchmarks on employee engagement with the all-new Engagement Potential Index (EPI).

How To Harness The Power of Recognition

WeSpire

Recognition and rewards are both important elements of your employee engagement strategy, however most executives use the terms interchangeably, when in-fact, each has its own unique purpose. Recognition vs. Rewards: In order to reap the benefits of rewards and recognition it is first important to understand the differences between the two. Recognition is relational, it is something that can be experienced, personalized, and is generally based on achievement.

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. Failing to provide a workplace environment of appreciation and recognition can have negative consequences on employee engagement.

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.

6 Mind-Blowing Stats on Employee Engagement

Achievers

If you’ve been casual about the topic of employee engagement or figured that your employees are probably doing fine (because you’d know if something wasn’t working, right?), Employee engagement can seem like a vague topic since it doesn’t show up as a line item on your end-of-quarter financials, but it actually has a significant impact on how nicely those numbers stack up. Here’s a handful of employee engagement stats we’ve gathered to capture your attention: 1.

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. .