WorkHuman

FEBRUARY 16, 2017

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. What’s more, the survey found that as investment increases, HR professionals perceived greater positive impacts on nearly every metric evaluated. RELATED POSTS.

Payroll 114

Payroll Globoforce Bonuses and Incentives Employee Recognition 114

HR Daily Advisor

FEBRUARY 5, 2018

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).

Globoforce 52

Globoforce Report Talent Experience Retention and Turnover 52

Vantage Circle

OCTOBER 10, 2019

A combined report from Globoforce and SHRM revealed that 68% of employers who run a value-based employee recognition program saw an improvement in employee retention. Social recognition has a proven ROI , and it only takes an investment of 1% of payroll to see the results. Reduced Turnover Rates. employee engagement ( 84% ).

Retention and Turnover 45

Retention and Turnover Globoforce HR Software Recruiting Software 45

Interact-Intranet

JUNE 7, 2017

Another study states that spending 1% or more of payroll on recognition helped 85% of companies see improved engagement. Traditionally, these programs have focused on the easier to define and measure metrics, such as length of service or reaching of internal milestones. Source: Globoforce.

Employee Recognition 40

Employee Recognition Planning Tools HR Software Globoforce 40

WorkHuman

MARCH 21, 2017

Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. 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 ).

Coaching 158

Coaching Survey Compliance Training Training 158

Hoops

FEBRUARY 23, 2018

The result, as the following studies suggest, can be dramatic improvements in both metrics. SHRM/GloboForce Employee Experience Survey. The revelation about HR challenges comes from the 2016 SHRM/Globoforce Employee Experience Survey (sent to nearly 800 HR professionals). IBM/Globoforce Employee Experience Index.

Employee Engagement 100

Employee Engagement Study Globoforce Retention and Turnover 100

Unipos

MAY 29, 2019

Companies that have implemented peer-to-peer recognition have seen marked positive increases to key business metrics across the board, with 11.5% SHRM/Globoforce Survey. You can unite your entire workforce by rallying them around a few key metrics or values that matter to business performance. Ways to Practice Inclusion.

Hiring Software 40

Hiring Software Recruiting Software Bonuses and Incentives Globoforce 40