Vantage Circle

MARCH 26, 2025

These intangible rewards tap into our intrinsic motivation, fostering a sense of purpose that financial incentives alone can't match. Unlike bonuses that provide a temporary boost, intangible rewards cultivate long-term fulfillment. Intangible rewards are non-monetary incentives that do not have any direct financial value.

Examples

HR Lineup

JUNE 17, 2025

Employee incentive software plays a critical role in fostering a culture of appreciation, boosting productivity, and reducing turnover. Here are the 10 best employee incentive software platforms that are making waves in 2025.

HR Software

Empuls

DECEMBER 19, 2024

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. 

Bonuses and Incentives

Zalaris

JULY 25, 2024

High employee turnover can be costly, both in terms of recruitment expenses and the loss of institutional knowledge and expertise. By prioritising employee satisfaction and implementing effective retention strategies, companies can minimise these costs and maintain a stable, skilled workforce. These components include: 1.

Compensation

AIHR

DECEMBER 2, 2024

This involves making strategic decisions and trade-offs about where to invest resources for the best return, such as advertising, recruitment agency fees, and employee referral bonuses. Plan for employee turnover Employee turnover is a natural part of any business cycle. Regular workforce planning helps maintain balance.

AI Recruiting

Blu Ivy Group

JULY 22, 2025

Turnover and Vacancy: The Hidden Cost to Clinics Workforce instability is now a direct threat to care continuity and revenue. Clinics that operationalize their employer brand through aligned leadership, and purpose-led communications see measurable gains in retention, patient satisfaction, and organizational stability.

Hiring Software

HR Lineup

FEBRUARY 17, 2025

It moves beyond conventional recruitment tactics, embracing creativity, data-driven decision-making, and emerging trends to enhance candidate experience, streamline hiring, and improve talent acquisition outcomes. A strong employer brand reduces hiring costs and improves retention. Authentic employee testimonials build credibility.

Video Recruiting

Great Place to Work

FEBRUARY 14, 2025

These metrics enable HR teams to make informed decisions regarding hiring, retention, compensation, and employee engagement ultimately improving organizational efficiency and workplace culture. By leveraging analytics, businesses can predict trends, enhance employee engagement, and improve overall organizational performance.

Metrics

Empuls

NOVEMBER 15, 2024

Companies with effective employee loyalty programs can reduce turnover by up to 25%. Loyalty programs for employees not only enhance retention but also boost morale and job satisfaction. Referral bonuses Referral bonuses are an effective way to engage employees in the recruitment process.

Hiring Software

Vantage Circle

OCTOBER 18, 2024

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. Therefore, building a motivated and engaged team and improving retention must be a priority for retail businesses, especially as they tackle low engagement levels and high turnover. What drives them to leave?

Assessment Software

Vantage Circle

FEBRUARY 15, 2025

Bonuses and Incentives How it helps : Tying bonuses and incentives directly to achievements motivates employees to perform better and go beyond. This further helps retain top talent and reduce turnover. This further helps retain top talent and reduce turnover. Monetary Rewards for Outstanding Performance 1.

Bonuses and Incentives

HR Lineup

MARCH 18, 2025

Whether you’re looking for monetary incentives, peer recognition, or experiential rewards, theres a system designed to meet your needs. Bonusly Overview: Bonusly is a peer-to-peer recognition and rewards platform that allows employees to give and receive micro-bonuses. Scalability: Can the system grow with your companys needs?

HR Software

HR Digest

MARCH 12, 2025

Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., 401(k) matching), stock options, or performance bonuses. Taxable Fringe Benefits: A company car used for personal errands, cash bonuses, or lavish retreats might trigger income tax obligations for employeesand payroll tax headaches for employers.

HR Planning

Accendo Technologies

SEPTEMBER 25, 2024

We will discuss the current state of compensation in today’s workplace, the challenges companies face when designing packages, and steps to create packages that boost retention and loyalty. Larger companies offer a mix of performance-based bonuses, stock options, flexible benefits, and comprehensive retirement plans.

Compensation

Bayzat

OCTOBER 31, 2024

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Long-term incentive plans (LTIPs): Often used for senior executives, these may include stock options or restricted stock units, even in non-public companies.

Compensation

Vantage Circle

MARCH 23, 2025

When a recognition and reward (R&R) program is structured well, it becomes a strategic tool that drives engagement, retention, and overall business success. Improved Retention One of my colleagues was working with an organization a few years ago. Recognition helps increase engagement, which, in turn, reduces turnover by 21%.

Employee Recognition

Vantage Circle

JANUARY 30, 2025

Employee rewards aren’t just about incentives; they’re a way to build trust, loyalty, and enthusiasm. According to a report by Deloitte , companies with effective recognition programs are 31% less likely to face voluntary turnover. Incentivizing Innovative Campaigns Campaign success often hinges on innovative thinking.

Bonuses and Incentives

Terryberry

JULY 18, 2025

Key Takeaways Recognizing employees boosts productivity, loyalty, and retention, leading to a thriving workplace culture. Organizations that actively recognize and reward employees enjoy significantly lower turnover rates—up to 31% lower, according to a SHRM study. Looking for effective ways on how to reward employees?

Bonuses and Incentives

AIHR

JULY 21, 2025

This often leads to poor hiring decisions, which can cost up to 200% of an individual’s annual salary , disrupt teams, and increase turnover. This proactive approach not only improves retention and reduces turnover,but it also safeguards your employer brand for long-term success.

AI Recruiting

HR Stacks Blog

JULY 3, 2025

Recognition also drives engagement; companies with strong programs report 31 percent lower turnover, while 83 percent of employees say recognition directly affects their motivation. Key Takeaways Recognition boosts retention and performance : Employees who feel valued are 63% more likely to stay and 73% say recognition increases productivity.

Planning Tools

Terryberry

NOVEMBER 13, 2024

High morale boosts productivity and reduces turnover. Key Takeaways Company morale significantly influences employee engagement, retention, and overall business success, necessitating focus on leadership, communication, and recognition. Company morale shows how satisfied and motivated employees are at work.

Strategy

Engagedly

MAY 28, 2025

Use cost-saving strategies like employee referrals, ATS automation, retention programs, and onboarding improvements. Smart hiring isn’t just about cutting costs—it’s about investing wisely in quality, retention, and long-term success. Plus, they’ll be excited to help out if there’s a little incentive in it for them!

Hiring Software

Payactiv

APRIL 10, 2025

Implementing cashless tips can enhance employee satisfaction, trust, and retention in industries reliant on tips. Restaurant Turnover Rates Remain High Turnover rates in the restaurant industry are notoriously high, often exceeding 70% annually. This is a significant driver in sky-high turnover rates.

Staffing Software

Bayzat

OCTOBER 15, 2024

This trend is not surprising as MOOCs offer several benefits that make them ideal for cost-effective employee training and upskilling. This diversity allows companies to address skill gaps, upskill their workforce, and prepare employees for emerging job roles and industry trends.

Compliance Training

Business Management Daily

OCTOBER 29, 2024

A powerful employer branding strategy is one of the best ways to boost employee retention and consistently attract top talent. Thus, you have every incentive to develop a positive employer brand for your organization. Therefore, organizations with strong employer brands boast low turnover rates. Why is that?

Employer Branding

Bayzat

JULY 15, 2024

For instance, instead of saying “You need to improve your report quality,” a manager could say, “Including more data analysis in your reports will provide greater insight into the trends.” Solicit ongoing feedback and stay alert to changing trends within your industry.

Employer Branding

ShiftNote

APRIL 3, 2025

Managers need to analyze trends from previous seasons, weather forecasts, and event schedules to anticipate staffing needs. Scheduling software like ShiftNote +Scheduler can help track these trends and adjust schedules accordingly to prevent both overstaffing and understaffing.

Staffing Software

Xoxoday

JULY 18, 2025

They let leaders design appealing salary, commission, and incentive package structures that not only pull in top talent but turn workers into motivated architects of revenue generation and organizational growth. increase in retention. We cover the following in this helpful manual cum guide: What is enterprise compensation management?

Compensation

Extensis

APRIL 14, 2025

Motivate participation with referral acceptance reminders and generous incentives like bonuses or gift cards. Stronger talent retention is also possible since 45% of referred hires stay longer than four years. Keep the following tips in mind to help you weigh both the applicants quality and retention potential.

Bullhorn

AIHR

APRIL 29, 2025

Whether its hiring talent that aligns with new business growth areas, building leadership capability, or driving initiatives that improve performance and retention, HR now shapes outcomes that matter to the bottom line. These activities feed into HR outcomes , such as higher employee engagement, reduced turnover, and increased skill levels.

HR Planning

Empxtrack

DECEMBER 16, 2024

They encourage loyalty Employees are more likely to stay with a company that values their needs, reducing costly turnover. Additional Perks and Incentives Companies often offer bonuses, stock options, or perks like gym memberships, free meals, or transportation allowances.

Employee Benefits

Ongig

OCTOBER 15, 2024

As such, hiring managers must proactively respond to the latest employee trends to retain top talent. As such, providing remote team members with incentives and support similar to those received by on-premise teams is becoming increasingly important.

Employee Benefits

Ongig

JULY 11, 2024

Gartner outlined 9 Future of Work trends for 2024, with shifting employee value propositions as a critical area. So, these go beyond salary and bonuses, which could comprise network connections with a specific community and career development opportunities. EVP trends also constantly shift with workforce demands.

Hiring Software

Peoplebox

FEBRUARY 28, 2025

Spot Bonuses No waiting. Profit-sharing or Performance-Based Bonuses Tie recognition to real business outcomes. Employee Referral Bonuses That Actually Matter Make it worthwhile when they bring in top talent. Heres how you can use financial incentives to recognize and retain top talent. No complicated approvals.

Employee Recognition

Achievers

MAY 15, 2025

In short, a well-designed, locally relevant rewards program is a key weapon in the battle for talent retention. Hint: its time to think beyond bonuses and retirement plans. Monetary incentives As in much of the world, monetary incentives remain a top priority for employees in Singapore.

HR Software

ClearCompany HRM

MARCH 13, 2025

Its one of the primary factors driving engagement, motivation, and retention, and thats why talent acquisition and HR teams need to care about it. To offer competitive compensation packages, you need to stay on top of trends and continuously refine your long-term strategy. Compensation management is about so much more.

ClearCompany

Business Management Daily

DECEMBER 24, 2024

Burnout is detrimental to an employee’s mental health and is a productivity killer, often leading to high turnover rates. Current trends in employee productivity Before we discuss some techniques for improving productivity, it’s essential to address the biggest trends in the workforce today.

Productivity