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
Topics: Employee Incentive Program, Incentives for Employees, Reward and Recognition, Reward and Recognition Programs, Reward Employees, tangible rewards
How important is the customer experience? It’s the culmination of every moment interacting with your company: from your marketing or website process to your sales reps or phone operators to the delivery experience and beyond. Every moment spent with that customer or end recipient reflects on you. How you manage the customer experience says everything about your brand. When the employee is the customer, are you intentionally consistent to your brand attributes?
Topics: Customer experience, Incentives for Employees, Motivate Employees, Reward Employees
Peer-to-peer recognition is the genuine expression of appreciation exchanged between co-workers. Social recognition is the process of providing employees with the tools to create public and meaningful relationships with each other
Topics: Incentives for Employees, Motivate Employees, Reward Employees, Social Recognition
One of the biggest changes in the 21st century is the way in which companies are valued. In the past, company value was calculated based on hard assets such as land, buildings, equipment, products/inventory and factories, etc. Today, over 80% of a company’s value is tied to less tangible factors, such as brand value, customer data, relationships, leadership quality, algorithms and more. Harvard Business Review now believes that competitive advantage goes to companies that manage human capital effectively rather than companies that manage finances effectively.
Topics: employee engagement, Incentives for Employees, Motivate Employees, Company Culture
When sales and marketing leaders are looking to boost sales, discounts and buy-one-get-one-free (BOGO) offers often come to mind. While these may be effective some of the time, they are expensive and cut into profit margins. A gift-with-purchase program is affordable and can boost your sales.
Topics: Gift with Purchase, corporate gifts, incentives and rewards, Incentives for Employees, Rewards Program
Topics: Budget, incentive program budget, incentives and rewards, Incentives for Employees, Reward and Recognition
Topics: Blog, employee engagement, Incentive Programs, Incentives for Employees, Motivating Employees, Safety Program, Wellness Programs
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Topics: Blog, Incentive Marketing, Incentive's, Incentives for Employees
