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Annual bonuses: How much do they actually incentivize employees?

Achievers

Do you give your employees big annual bonuses as a reward for their work? If so, you have plenty of company: It’s common to rely on annual bonus plans to build employee motivation and pad salaries. Do you give them, or do employees earn them? Most bonuses, however, only come 1-4 times per year.

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Trend alert: Employee recognition is hot and lapel pins are not

Achievers

Does your employee engagement strategy reflect what employees truly want and even expect from their employers? Passé trends include: Ad hoc and disconnected recognition. Annual or semi-annual feedback & bonuses. Cross-team recognition. Wonder what other recognition styles are in this season? What’s out?

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New research reveals the business case for employee recognition

Achievers

The latest research from Bersin & Associates proves companies that say “thank you” to employees far outperform companies that do not. The data comes from ” The State of Employee Recognition in 2012 ” report, revealing the secrets of employee recognition and the business results achieved from these programs.

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Appreciation in the Workplace: Why It Matters

Achievers

In fact, employees who receive frequent appreciation in the workplace are much more likely to generate innovations and increased efficiency. In the study, employees report that recognition is more effective at increasing their engagement, performance, and innovation than an additional bonus of five percent of their salary.

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7 Strategies to Promote Your Recognition Program

Achievers

Deloitte research found that “employee engagement, productivity and performance are 14% higher in organizations … that use recognition progr ams.” However, just having an employee recognition program outlined somewhere in your company policy is not enough to make it successful. Do you have any thoughts on this article?

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Gamification in Employee Recognition: How it helps?

Vantage Circle

Gamification in employee recognition has emerged as a revolutionary approach in enhancing employee engagement and performance. As employees earn rewards and climb leaderboards, they experience a sense of accomplishment and belonging, which in turn boosts morale and productivity. So, let's get started!

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Top 10 Employee Recognition Ideas For Small Businesses

Vantage Circle

Are you seeking fresh and effective employee recognition ideas for your small business? From spot bonuses to annual vacation rewards, we'll explore various creative ideas designed to boost your team's morale, motivation, and productivity. That emphasizes the need to prioritize recognition over extravagant rewards.