There are many definitions of employee engagement. In a nutshell, employee engagement is the emotional commitment the employee has to the organization.
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Topics: Employee Reward Programs, Engaged Employees, Disengaged Employees, Employee Incentive Program, improve employee engagement, Recognize and Reward
Artificial intelligence (AI) has made many business processes and initiatives easier. From chatbots that improve customer service to programs that help to analyze data better and faster, artificial intelligence technology is changing our business landscape.
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Topics: employee incentive programs, Employee Reward and Recognition Programs, Employee Reward Programs, Artificial Intelligence, employee engagement, improve employee engagement
Sounds easy enough, right? Any time you hear that a company tried an incentive program and “it didn’t work”, it’s likely that the company managers tried to design the program on their own. Designing effective employee reward & incentive programs is not as easy as it sounds.
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Topics: employee incentive programs, Employee Reward Programs, employee engagement, incentive and recognition programs, Incentive Reward, Reward Employees
What is the perfect reward for employee recognition programs that target performance in areas like safety, wellness, customer service and training? Let’s start by defining what we mean by “perfect.” The “perfect” award would be one that is both highly desired by the award recipient and one that will easily be remembered by that recipient for a long time to come. Without that in mind, let’s first consider what award structures do not work (and yet are still commonly used):
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Topics: Employee Reward and Recognition Programs, Employee Reward Programs, Employee Appreciation, employee engagement, Employee Incentive Program, Reward 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.
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Topics: Employee Reward Programs, Non-cash Rewards, employee engagement, Employee Incentive Program, improve employee engagement, Incentives for Employees, Motivating Employees, tangible rewards, lower turnover
At this time of year many individuals and companies are exploring new or updated health insurance programs. Insurance companies offer significant benefits to companies that have documented wellness programs, so companies are making a significant investment in improving the health of their workforce. A study conducted by Fidelity revealed that over half of employers (56%) offer a wellness program to their global workforce, with 40% of the budget directed at incentives for employees to participate.
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Topics: Employee Motivation, Employee Recognition, Employee Reward, Employee Reward Programs, Employee Wellness, Employee Wellness Program
What’s in a Brand?
Just about everything we consume has a brand name on it, from our favorite breakfast cereal to the car we drive to the cellular service provider we choose and everything in between. A brand name tells us exactly what to expect when we buy that product or service or interact with that company. That’s why it’s SO important that we are true to our brand in every touch point with our customers, and also with our employees. Why would our reward & recognition programs be any different?
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Topics: employee incentive programs, Employee Reward and Recognition Programs, Employee Reward Programs, Employee Wellness, Blog, branding, improving safety, Loyalty, safety, Sales, Wellness