Remove Bonuses and Incentives Remove Certification Remove Employee Recognition
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Understanding Service Rewards and Taxation Benefits in the US

Vantage Circle

This document does not serve as an official legal or tax opinion; rather, it presents Vantage Circle's interpretation of the current tax laws about the industry of employee recognition and tenure initiatives. So, apart from enhancing performance and yielding a high return on investment, employee awards also offer tax benefits.

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Deep Dive on Budgeting for Employee Recognition and Reward Programs

Vantage Circle

The agenda was about increasing the budget for our employee recognition program. In many organizations, employee recognition is seen as an expense rather than an investment. A well-planned budget is not about handing out rewards; it's— about fostering a culture that employees appreciate.

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12+ Creative Staff Bonus Ideas That Go Beyond Cash Rewards

Empuls

Bonuses have long been a favorite tool for employers to boost employee motivation and engagement. However, a 2021 study found that nearly 78% of employees feel more motivated when they receive a mix of both financial and non-monetary rewards. The challenge is that not all bonuses are created equal.

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Designing Employee Recognition Programs With Digital Tools

HR Stacks Blog

Employee recognition isn’t just a feel‑good perk; it’s a strategic asset. Studies show that team members who receive regular praise are 63 percent more likely to stay at their current job over the next few months, and almost three-quarters say more recognition would boost their productivity.

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Top 18 Employee Incentive Ideas To Boost Engagement

Empuls

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention. Thoughtful incentive ideas can go beyond standard rewards to spark enthusiasm, increase loyalty, and foster a stronger sense of team unity. 

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Employee Rewards for Business Services: Strategies That Work

Vantage Circle

That’s the power of employee recognition —it fuels you to keep going and deliver your best. In business services, where employees are the face and heart of your organization, rewarding those who make things happen isn’t optional—it’s essential. A delayed reward has little value.

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20 Creative & Unique Employee Of The Month Award Ideas

Empuls

 A study by Brun and Dugas (2008) emphasizes aligning employee recognition programs with organizational goals to enhance morale and retention. Statistics reveal that companies with effective recognition programs experience 31% lower turnover rates and 14.9%