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Learn from the Pros: 3 Lessons from the Best Corporate Employee Recognition Programs

Fond

However, one criterion that transcends personal preference is the quality of a company’s employee experience — and companies with the best corporate employee recognition programs have discovered that these programs are an effective way to cultivate it. One of the most common is a company-wide employee recognition program.

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4 Ways to Prevent Your Employees From Quitting

Achievers

When you hire a new employee, that person is already looking for a new job and at risk of quitting. That rather dire warning is offered by Dan Schawbel , research director at Future Workplace and one of Forbes’ “30 under 30” list. Productivity consultant Laura Vanderkam adds an interesting twist to this standard advice.

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Retain, Engage, Inspire: The Future of Employee Rewards Is Experiential

Vantage Circle

Exclusive Access to Events: VIP Treatment for Top Performers Make employees feel like true VIPs with backstage passes, luxury suite tickets, or exclusive meet-and-greet experiences at concerts, sports games, or industry events. Surprise & Delight Rewards: Creating Moments of Joy Small, unexpected rewards can leave a big impact.

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

What’s the biggest problem when it comes to employee turnover? At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. Is your company rewarding managers for improved retention within their departments?

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Performance and rewards in the future of work

HRExecutive

Mercer’s 2019 Global Performance Management Study found that only 2% of leaders believe their performance process delivers high value, only a half have goals at the business-unit level and fewer than 3% believe they have excellent feedback practices. Pay is an area with many opportunities to innovate.

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How To Design An Effective Spot Bonus Program?

Vantage Circle

Therefore, learn more about spot awards and think about giving them as a sign of appreciation to your team if you want them to continue performing at their best. People work for money but go the extra mile for recognition, praise and rewards. At the same time, it contributes to sustained employee engagement.

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Employee Engagement Goals for Managers

Kazoo

Recognizing the more “invisible” qualities, such as a positive attitude, can teach employees how to 1) become more aware of their positive influence; 2) encourage productive team collaboration; 3) value this asset for what it is: a skill. Consider Apps for Mobile Recognition and Rewards.