The pandemic has affected every business and every employee. When businesses make necessary accommodations and transition employees to a work-from-home environment, it is tempting for companies to focus on the immediate crisis and put employee programs on the back burner. Putting employee programs on hold may be the worst thing businesses can do.
Topics: Employee Incentive Program, improve employee engagement, Motivating Employees, Employee Engagement for Remote Workers, COVID Impact
Design the Optimal Employee Rewards Program: Measure & Adjust Accordingly
Topics: Motivating Employees, Remote Employees during Coronavirus, Engaging Employees
Many companies with employees working from home for the first time during current COVID-19 concerns may be wondering how to keep remote employees engaged in uncertain times.
Topics: improve employee engagement, Motivating Employees, Remote Employees during Coronavirus, Remote Workers, Employee Engagement for Remote Workers, Engaging Employees
An article entitled Five Secrets to Motivate and Retain Employees was recently published by ThriveGlobal. The author is a career coach…but notably, not an incentive professional or specialist in the reward and recognition field.
Topics: employee incentive programs, Employee Motivation, Employee Performance, Employee Reward and Recognition Programs, Employee Appreciation, Motivating Employees
Attracting and retaining key talent has always been a top concern for business leaders and it is especially so in these days of historically low unemployment. Without accurate intelligence, business leaders are tempted to throw cash at the retention problem. Cash is King, right? So why not use cash to reward employees? Because research shows that tangible rewards are far more effective than cash.
Topics: Employee Reward Programs, Non-cash Rewards, employee engagement, Employee Incentive Program, improve employee engagement, Incentives for Employees, Motivating Employees, tangible rewards, lower turnover
Should Employee Engagement and Company Culture be a job for Marketing rather than Human Resources?
Studies and experts confirm that companies with higher employee engagement are more profitable, have lower turnover, higher shareholder value, greater productivity and more. Companies with a positive corporate culture enjoy higher levels of employee engagement and better attract and retain talent. In the years since these initiatives have surfaced in corporate America, Human Resources has typically been charged with both increasing employee engagement and building a positive corporate culture. Are these initiatives better suited to the Marketing department?
Topics: Employee Incentive Program, improve employee engagement, Motivating Employees, Reward Employees, Company Culture, Human Resources
A recent survey of Chief Executive Officers finds that retaining talent is the #1 internal challenge and concern. CEOs must balance long-term goals and short-term results. Regardless of the demographics of the workforce, all employees want to know that their work has meaning and that they’re appreciated. Rewarding and recognizing employees for excellent performance is on every list of ways in which to retain employees. Employee turnover is disruptive and expensive. Here are some factors that contribute to the cost of employee turnover:
Topics: Employee Retention, employee engagement, improve employee engagement, Motivating Employees, Employee Turnover
Although employee engagement has been a priority for many organizations, only 32% of U.S. workers are engaged in their work, according to a Gallup study. Because companies with higher employee engagement outperform their competitors by over 200%, this is increasingly important. Earlier this month we discussed signs of a negative workplace. Here we’ll discuss how to build a culture of recognition that leads to higher employee engagement.
Topics: Employee Recognition, Employee Recognition Programs, improve employee engagement, Motivating Employees, Reward Employees
“Don’t try this at home!” How many times have we heard that directive? In most cases, it’s because although something may look easy, it’s probably because it’s being done by professionals. This is also true of employee engagement, recognition and incentive programs.
Topics: Engaged Employees, employee engagement, improve employee engagement, Incentive Programs, Motivating Employees
According to Gallup, only about 20% of the global workforce is engaged in their work. Given the level of interest and attention to employee engagement in the last few years, that’s a disheartening figure. What’s the secret to engaging employees?
Topics: employee engagement, improve employee engagement, Motivating Employees