We founded Bonusly because so many vital contributions go unrecognized and unrewarded every day, leading to disengagement, and employee turnover. TINYpulse is a lightweight solution that captures anonymous feedback from your team to reveal insights, trends, and opportunities to improve retention, culture, and results. This moves beyond perks, benefits, and payroll. Globoforce. The solution integrates talent acquisition data into HRMS, ERP, CRM and payroll. MORE

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 Below is a clip about the Deniers from Globoforce CEO Eric Mosley’s keynote at WorkHuman 2017. Our initial focus was on turnover, since it is a relatively easy outcome to measure. 1% of Payroll: The Magic Number for Social Recognition Investment. MORE

The 2016 SHRM/Globoforce Employee Recognition Survey report shows where to focus your efforts for the best results. The Factors That Predict Employee Turnover. Offering clearer career paths with formal learning and development minimizes the risk of stagnation and eventual turnover. Data from Globoforce and IBM’s Employee Experience Index shows that work-life balance is one of six proven human workplace practices. MORE

. 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. The revelation about HR challenges comes from the 2016 SHRM/Globoforce Employee Experience Survey (sent to nearly 800 HR professionals). MORE

As companies struggle to find a way to deal with the global economic slowdown, the simple act of recognizing an employee in a meaningful and memorable way is the missing link that can heighten the productivity levels, lower employee turnover , and create a sense of belonging. Globoforce. MORE

Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. ( The Proven Links Between Retention and Employee Experience ). 1% of Payroll: The Magic Number for Social Recognition Investment ). MORE

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.? 1/ The top challenges global organizations within the RES Forum are facing today are employee engagement, succession planning, retention, and turnover. MORE

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. Here are 5 key takeaways from this year’s report, Employee Experience as a Business Driver : Retention/turnover is still what keeps you up at night. This is the second year in a row that retention/turnover tops the list of HR challenges – cited by nearly half of the organizations surveyed (46%). MORE

those with higher profits, employee retention, and engagement scores) were 14 percent more likely to focus on employee strengths. Reduced Turnover Rates. In yet another study, organizations with recognition programs have reported an almost 31% lower voluntary turnover rate. MORE

According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover. Another study states that spending 1% or more of payroll on recognition helped 85% of companies see improved engagement. According to the 2015 Globoforce Employee Recognition Survey , a values-based approach has measurable impact on business outcomes including engagement, retention, safety, wellness, employer brand and even cost control goals. MORE

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). Key insights and findings from the report include: More Human-Centered Approaches Can Help Meet Recruitment and Retention Challenges. MORE