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.
Are you familiar with U.S. Federal Regulations on Non-cash Rewards?
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
June 5, 2019
Contact: Heidi Chatfield - All Star Incentive Marketing
P: 508-347-7672
E: heidi@incentiveusa.com
Topics: press release
Topics: Employee Incentive Program, Incentives for Employees, Reward and Recognition, Reward and Recognition Programs, Reward Employees, tangible rewards
June 5, 2019
Contact: Heidi Chatfield - All Star Incentive Marketing
P: 508-347-7672
E: heidi@incentiveusa.com
Topics: press release
Want Higher Employee Engagement? Build a Culture of Recognition
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 Panic, but your marketing needs to be ready for tariffs
The big, scary word these past two weeks is tariffs, and while it sounds nasty, it's really not if you start planning for it. If you have not paid attention to the news lately, trade talks with China have gone south, and now there is currently a 25% tariff on certain goods, and another 25% possible to take hold over the summer that will affect almost all products. This means that most items you find in stores, like electronics, tools, clothing, and more, are going to go up in price this summer - just the cold hard facts. The jump is too big for a business to "eat" until the next standard price increase.
Topics: Corporate Identity, corporate logo merchandise, Logo Merchandise, Promotions Products
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?