How Incentives Impact Emotions When it comes to tapping into the emotions that make recognition/incentive programs work, businesses have noted that tangible, non-cash rewards do a better job of attracting and holding people’s interest, getting them excited about possibilities, and motivating them to act in a way that meets business objectives. The theory is that, […]
Employees are being ignored – and it’s tanking their performance. Employee productivity is an ongoing concern for organizations around the world. Managers, CEOs, and HR executives are constantly looking for ways and means of driving effective performance while improving levels of engagement. You can invest in all the expensive and complex schemes you like and […]
Employee engagement has long been a concern in the U.S. workforce, but — perhaps now more than ever — it represents a vital component of employee attraction and retention. For the modern workforce, an engaging work environment is a fundamental expectation, a baseline requirement. Many employees refuse to settle for an organization that does not […]
Research has proven that employee engagement contributes to increased profitability, yet most organizations still have no formal engagement strategy in place and two-thirds of employees are disengaged. A Gallup study drew the connection between consistently low engagement and team performance and suggested that when an employee’s engagement needs are not met, there is a higher […]
In order to maximize performance, it’s important to understand the cross-section of a typical workforce. It’s common for an organization to have 10-15% of its employees in a high performing group, and 10-15% in a lower performing, more disengaged group. This leaves the bulk of your workforce in the 70-80% middle percentile. Well-designed recognition programs […]
Acknowledging the multiple generations within your workplace is critical to the success of your recognition strategy. With five generations working side by side in today’s workforce, it’s paramount that generational preferences and motivators be identified and understood. Determining how to best communicate with, train, engage, and retain top talent within every generation is essential to […]
How are you reinforcing the value of your people?
A recent study by Aon Hewitt exploring the mindset of today’s workforce reveals that companies are falling short of expectations when it comes to rewards and recognition. According to the study, today’s workforce has the following top 5 expectations of their organizations: Communicates completely and honestly Recognizes strong achievement and performance Encourages collaboration and teamwork […]
Recognition for length of service is frequently used as a foundation of employee engagement strategies. In fact, studies show that 87% of organizations have programs in place for recognizing employee length of service. These programs reward the dedication of employees who have built a career within the organization and strengthen the connection between organization and […]
Is your organization making the most of opportunities to recognize your employees this year? Employees who are recognized regularly throughout the year feel appreciated and valued, which is proven to increase motivation and productivity. Establishing a Recognition Program with a wide range of initiatives that support organizational goals and values will help drive a positive […]