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HR/HCM/Compliance Aon Acquires NFP in the Benefits Space : Aon, a global professional services firm, acquired NFP to strengthen its employee benefits solutions. This acquisition highlights the importance of employeerecognition in improving workplace satisfaction and retention.
Most companies are weighed down with annual HR processes: performancemanagement, reward and recognition schemes (think years of service awards), and employee engagement surveys. Too often, when organizations act to improve employee engagement, it’s not strategic. Year 2 – EmployeeRecognition.
Most companies are weighed down with annual HR processes: performancemanagement, reward and recognition schemes (think years of service awards), and employee engagement surveys. Too often, when organizations act to improve employee engagement, it’s not strategic. Year 2 – EmployeeRecognition.
The cumulative impact of these direct costs and the impact to other employees’ performance and motivation could end up costing the organization more than some of the top-of-mind issues above. A recent report in the Wall Street Journal highlights a study by Aon Hewitt that looked at this group of employees.
Old-school approaches to performancemanagement, which view a single employee outside of the context of today’s team-based, networked workplace, no longer ring true. In fact, Aon Hewitt has reported that for every incremental one-point increase in employee engagement organizations saw a 0.6% increase in sales.
‘Employee Engagement’ soon became a buzz-phrase which companies began to adopt into their business strategies ever since and even though there was a steady yet noticeable increase in engagement, it took another hit in 2016. But how could this happen when we have been working so hard to engage our employees? Scan codes for coffees.
In that case, here are some actionable steps to maintain employee happiness and engagement. Show employeerecognition. Part of the job of a retention specialist is to provide outlets for ample employeerecognition. Offering employees feedback doesn’t require a specialized role though.
Morgan, Ericsson, GE, HCL, Accenture, Infosys, WIPRO, Capgemini, TESCO, Akamai, Piramal, AON, Novell Features Discounts, deals, exclusivity. Wellness integration, employee well-being, health. Zenefits aims to streamline HR processes and provide businesses with a more efficient and cost-effective way to manage their HR needs.
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