Terryberry

FEBRUARY 26, 2024

Employee recognition may not be a new concept, but what is new is some of the latest employee recognition statistics that have come out of research surrounding employee engagement. Here we break down some of the key statistics on employee recognition that business leaders should consider in 2024.

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TalentCulture

JUNE 23, 2017

Globoforce, an organization that helps companies implement recognition solutions, found a 32 percent increase in productivity in companies that practice peer-to-peer recognition. In Globoforce’s 2012 Employee Recognition Survey, they found employee commitment increases 57 percent when employees are recognized.

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Vantage Circle

JULY 27, 2021

The benefits of employee recognition and its connection to successful business outcomes may be intuitively obvious to you as an HR manager. But you’d want to have some persuasive employee recognition statistics by your side to back your point. Which is more meaningful to them: recognition from peers or leadership?

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Bonusly

JANUARY 17, 2022

Periodic manager check-ins centered around honest conversations will build trust and deliver empathy for your team. Check out our easy-to-use Cost of Turnover Calculator. A study found that one-third of employer turnover was attributed to unsupportive management and a lack of development opportunities. Want to run the numbers?

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WorkHuman

APRIL 14, 2017

Two years ago, we were invited to come check out the conference and we said, “Well, we’d love to come.” Globoforce is great at the idea of employment recognition – how strong that can be in building culture. What does a more human workplace mean to you?

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ATS Globoforce Employee Recognition Compliance Training 132

Analytics in HR

AUGUST 15, 2023

An employee recognition program can help your company retain employees, improve productivity and recognize employee performance. In fact, it’s been shown that when larger businesses double their employee recognition efforts, they experience a 9% increase in productivity and a 22% decrease in absenteeism.

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Vantage Circle

FEBRUARY 9, 2022

Employee recognition should be an integral part of your company’s overall strategy. But that doesn’t mean that any employee recognition program will do the trick. 72% of businesses agree that recognition impacts engagement positively. Companies with recognition programs experience 28.6%

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Vantage Circle

JUNE 16, 2021

A Complete Guide To Employee Recognition. This is the ultimate guide to employee recognition for business leaders. Here, you'll learn: What employee recognition is. Build an effective recognition program. I’ll also introduce you to a new framework you can use to improve your recognition programs.

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WorkHuman

APRIL 5, 2016

Every two years, WorldatWork surveys publishes a report on trends in employee recognition. Last year’s report confirmed that recognition is still an important HR tool, with 89% of organizations having a program in place. Organizations are also recognizing employees more frequently. Why the change? RELATED POSTS.

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Vantage Circle

SEPTEMBER 28, 2023

And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Key Takeaways Understand what a recognition program is.

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Interact-Intranet

JUNE 7, 2017

The importance of employee recognition is often overlooked – are you aware of the impact? Employee recognition is essential for motivating, retaining and fully engaging our employees. What employee recognition is – and what it isn’t. Recognition is not one-size-fits all.

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WorkHuman

AUGUST 4, 2016

Don’t you wish you could convince your stubborn colleagues of the business value of praise and recognition? Thankfully, there is a ton of research in this area. engaged employees for every actively disengaged employee in 2010-2011 experienced 147% higher earnings per share compared with their competition.

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RecognizeThis!

FEBRUARY 26, 2016

Last year’s SHRM / Globoforce Employee Recognition Repor t found that only 22% of the HR leaders surveyed describe their anniversary programs as excellent. Less frequently cited as program goals were increasing levels of employee happiness, emotional commitment and engagement. Click To Tweet.

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Engagedly

MARCH 5, 2021

It serves as a great initiative to appreciate employees for their hard work and strengthen the employer-employee relationship. With all the unprecedented changes since last year, employee appreciation has gained importance now more than ever. Peer-to-Peer Recognition. Invest In Virtual Wellness Program.

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Terryberry

NOVEMBER 6, 2024

Importance of Peer Recognition in the Workplace Employee recognition has been a highly studied topic over the past decade or so. And research has found some significant findings. According to Gallup, employees who receive regular recognition are more engaged at work.

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Precheck

NOVEMBER 28, 2017

Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. One of the largest growing concerns among employers across all industries is retaining high-performing and high-potential employees. Here’s how you can use stay interviews to improve your employee retention initiatives. Staff Recognition.

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Vantage Circle

FEBRUARY 28, 2020

Having an employee rewards and recognition platform is the best thing you can do for your company. According to Globoforce , 83% of HR leaders say that an employee recognition program benefits their company values. Developing An Employee Rewards And Recognition Program That Actually Works.

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Vantage Circle

OCTOBER 10, 2019

Great companies know that the more the amount of gratitude in it, the greater the level of employee engagement. An astounding 84 percent of HR leaders in organizations with a current employee recognition program reported that it helps with employee engagement. employee engagement ( 84% ). According to an O.C

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Retention and Turnover Globoforce HR Software Recruiting Software 45

Vantage Circle

DECEMBER 12, 2022

When looking for employment, employees are looking for a paycheck and a job that meets their needs. These employee needs may vary from person to person, but the basic needs remain the same. The following are a few of the benefits that result in meeting the needs of your employees: A happy and motivated workforce.

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Vantage Circle

FEBRUARY 16, 2024

One such impactful approach to appreciating an employee is instant recognition. To further cement your efforts about employee recognition , this article will help you with the little things associated with it. Key Takeaways The Concept of Instant Recognition. Why Instant Recognition Matters.

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Compensation Cafe

FEBRUARY 26, 2018

This mirrors findings of 23,000 employees from more than 15 industries and 45 countries around the world in research conducted by the IBM Smarter Workforce Institute and the Globoforce WorkHuman Research Institute.

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WorkHuman

JUNE 18, 2015

As Derek Irvine, Vice President, Client Strategy and Consulting at Globoforce , pointed out in a quick historical office tour stretching from the Ancient Greeks to the knowledge age, we have “2,000 years of experience in removing humanity from the workplace.” His research suggests that altruism not only feels good but boosts productivity.

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HR Tech Girl

JANUARY 18, 2023

In this post, we’ve rounded up some insightful HR statistics to help both HR and non-HR professionals alike make those hard decisions and have a positive impact on your employees and your company. Tidio ) 86% of employees and job seekers research company reviews and ratings to decide on where to apply for a job.

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cipHR

APRIL 19, 2016

From talent attraction best practices to the latest in big data innovations, there's a plethora of topics to research to ensure that you're using the latest strategies and HR solutions to benefit your brand. https://flipboard.com/topic/employeeengagement.rss - collection of user generated employee engagement articles.

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Vantage Circle

OCTOBER 28, 2020

In a nutshell, rewards and recognition signify the appropriate acknowledgment, appreciation, and prompt incentivization of an employees’ effort. To acquire and retain the top performers, you must build a workplace culture where employee recognition is the everyday norm. Chapter 10: Employee Recognition Ideas.

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Vantage Circle

OCTOBER 7, 2022

Joe Galvin, Chief Research Officer at Vistage Worldwide. And this is not good for the employees, employers, and the market at large. The goal of employee satisfaction is unattainable without competitive salary and benefits. Thus, it is imperative to analyze and come up with ways to motivate and encourage employees.

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Empuls

FEBRUARY 14, 2024

Before we delve into what's making waves in the world of years of service awards, let's glance at some eye-opening statistics that underscore the importance of workplace recognition. Mckinsey says, 55% of employee engagement is fueled by non-financial recognition, the top factor influencing employee experience and retention.

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Engagedly

JANUARY 30, 2024

Customizable Reward Platforms: Different companies might require different recognition platforms and systems. Do your research–depending on your needs, some platforms will allow you to personalize your recognition program to make it more appropriate for your team. This ensures that your strategies remain relevant and effective.

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Assessment Software Planning Tools HR Software Wellness 52

ClearCompany HRM

DECEMBER 5, 2018

And yet, recruitment was only the second biggest challenge facing HR leaders surveyed for The 2018 SHRM/Globoforce Employee Recognition Report. The top workforce management challenge turned out to be, for the third year in a row, employee retention and turnover. Onboarding and Retention.

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WorkHuman

APRIL 4, 2017

If you’ve been following the Globoforce blog these past few months, you may recall that we recently published a report with findings from the 2016 SHRM/Globoforce employee recognition survey. Do these trends in employee recognition, performance management, retention, and engagement look different outside of the U.S.?

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Vantage Circle

MARCH 10, 2021

Through effective lines of communication, it is very crucial for employers to make sure that employee feedback is taken seriously and identify the necessary action plans. Features of Employee Engagement Tools. Employee perks: Employee discounts. Employee Recognition. Peer to peer recognition.

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exaqueo

DECEMBER 23, 2016

This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. This shift parallels a growing understanding of the importance of retaining top-performing employees and re-engineering employee recognition as a core business function.

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Terryberry

NOVEMBER 27, 2024

Discover practical examples and insights on effectively using these recognition strategies. Key Takeaways Employee recognition enhances motivation and engagement, with key types including public, private, peer-to-peer, and leader-to-employee recognition.

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TalentHQ

SEPTEMBER 3, 2015

Gallup tells us that only about 1/3 of employees are actively engaged, Glassdoor data shows an average engagement of a C+ (3.1 If we look at employee ratings of employers as a whole, we find that performance follows a bell curve. Today employees are more empowered, mobile, and demanding than ever. What can we do?

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