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.
For the last several years, we’ve heard a lot of conversation around employee engagement, yet engagement scores have been dropping since 2007. According to a 2015 Gallup study, only 32% of U.S. workers are engaged in their work. Why is this important? Because companies with higher employee engagement outperform their competitors by over 200%. Without a formal employee engagement assessment, how can you determine whether your work environment is toxic?
“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.
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?
The following is a recap of Part 1 of a webinar of the same title. In this webinar, you’ll hear Brian Galonek, President of All Star Incentive Marketing and Sonic Boom, a wellness solution provider, discuss how properly-structured safety and wellness programs drive employee engagement and company profitability.
LinkedIn’s data based on 500 million professionals reports an average 10.7% turnover rate worldwide. Company leaders are vying for top talent and looking for strategies to increase employee retention. Here, we’ll explore the industries with the highest turnover rates, and outline some effective strategies for retaining key employees.
Although the Corporate Gifts & Incentives and Rewards & Recognition marketplaces are decades old, there is still a basic misunderstanding of the concept. This article claiming that “prizes won’t motivate employees” demonstrates that misunderstanding and illustrates how easily cash incentives can be confused with compensation.
The Incentive Research Foundation has released their 2019 Industry Outlook on Merchandise, Gift Cards and Event Giving, revealing the following: