This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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, performancemanagement, retention, and engagement look different outside of the U.S.?
2016 SHRM/Globoforce Employee Recognition Survey. For the data geeks among us, the release of the 2016 SHRM/Globoforce Recognition Survey is like an early holiday gift. Here are 5 key takeaways from this year’s report, Employee Experience as a Business Driver : Retention/turnover is still what keeps you up at night.
Over the past few months, we’ve run a series of posts covering findings from the latest SHRM/Globoforce Employee Recognition Survey. To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. (
Recent Studies Detail Correlation Between Employee Engagement and Retention. The most serious challenge facing Human Resources is not benefits, compensation, or performancemanagement. For two years running, the top two HR challenges have been employee retention and employee engagement. Deloitte Millennial Survey.
Both the manager and employee knew what the conversation was going to focus on, but it was brief and to the point. According to the 2015 SHRM/Globoforce Employee Recognition Survey , employee retention and turnover is the number one challenge facing HR professionals today. Add a stay interview component.
Both the manager and employee knew what the conversation was going to focus on, but it was brief and to the point. According to the 2015 SHRM/Globoforce Employee Recognition Survey , employee retention and turnover is the number one challenge facing HR professionals today. Add a stay interview component.
Some of the other benefits of employee recognition includes: Reduced Turnover. Improved Employee Retention. Data-Driven PerformanceManagement. Recency biases often cloud the judgment of managers in yearly or half-yearly reviews. It helps managers to make performance-related decisions based on data and insights.
61% of performancemanagement data is more about the rater than the person being rated. Use culture to fight turnover. Derek Irvine cited an alarming statistic from the new SHRM/Globoforce recognition survey—turnover is the top HR challenge this year. I was lucky enough to be part of this incredible event.
I had the privilege of attending the fourth annual WorkHuman , conference pioneered by Globoforce, from April 2-5 in Austin, TX. As a result, turnover decreases, leading to a higher return on investment from your talent. Employee lifetime value & performancemanagement. Talent attrition/ retention.
Another year, another set of decisions to make when it comes to all of the things under the umbrella topic of HR—employee engagement, job satisfaction, and employee and performancemanagement, to name just a few. BLS ) 95% of HR managers believe that burnout has the most serious consequences on employee retention.
This culture shift can lead to real results, including increased productivity, lower turnover rates, and a more harmonious work environment. Mentorship and Professional Development Platforms: Mentorship has been proven to increase retention rates by 200% , demonstrating the value of growth and learning as a form of recognition.
Newer demographics in the workplace want continual coaching, conversations and communication – they need agile performancemanagement and instantaneous feedback. According to Bersin & Associates , companies with good recognition programs have 31% lower voluntary employee turnover. Source: Globoforce.
These tools are powerful and disruptive, and they have the potential to redefine how we manage our organizations. As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Why is there such a wide variation in employee engagement and retention?
Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Improves employee retention. Workhuman is a cloud platform of employee recognition and continuous feedback management which was introduced by Globoforce.
We organize all of the trending information in your field so you don't have to. Join 318,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content