February 7, 2020 is the compliance date for entry level driver training (ELDT) regulation changes for new drivers. The Federal Motor Carrier Safety Administration (FMCSA) has amended the regulations, adopting a new Class A Commercial Driver’s License. This includes a theory instruction upgrade curriculum that reduces training time and costs currently incurred by upgrading a Class B commercial driver’s license (CDL) to a Class A CDL.
Topics: Safety Reward and Recognition Programs, Safety Rewards, Workplace Safety, Driver Safety, National Safety Month, Safe Driver Training
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
Employee engagement, company culture, customer experience: These three components can’t exist in a vacuum. A company with a strong culture has highly engaged employees, who therefore positively impact the customer experience. Where to start?
Topics: Customer experience, employee engagement, improve employee engagement
The Incentive Research Foundation has recently completed a study on U.S. Federal Regulations on non-cash rewards. According to those surveyed, 70% are “extremely” or “very” knowledgeable about the tax and other regulations regarding non-cash rewards. That same percentage reports that they are proactive in their approach to program design - and change the design frequently in order to comply with regulations.
Topics: Non-cash Rewards, Incentive Programs, Reward and Recognition Programs
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
The concept of industrial athletes was born in the last decade or so and refers to those who employees who make their living using their knowledge, skills and abilities to perform a job that often requires physical demands. The term industrial athlete is accurate as defined because there are definite similarities between what we normally think of as an athlete and an industrial athlete. How are you supporting the industrial athletes in your company?
Topics: Employee Safety Program, Employee Wellness Program, employee engagement, Reward Employees, safety incentive program, Safety Incentives Program, Wellness Programs
June was National Safety Month. Did you take full advantage by focusing employee attention on safe work practices? Here are some helpful tips for planning Safety Month activities for next year from the National Safety Council (NSC):
Topics: employee safety, Employee Safety Program, Workplace Safety, National Safety Month
Topics: Employee Incentive Program, Incentives for Employees, Reward and Recognition, Reward and Recognition Programs, Reward Employees, tangible rewards
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
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?