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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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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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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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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. Employee Service Awards Policies: Award must be given in a meaningful presentation without disguising compensation.

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Three Examples of Employee Recognition Program Templates

Empuls

Employee recognition programs are vital in enhancing workplace culture and driving employee engagement. Statistics reveal that organizations with effective recognition strategies can experience a 31% lower turnover rate and a 14% increase in productivity than those without such programs.  reasons for nomination) 5.

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20 Innovative Employee Recognition Examples

Empuls

Employee recognition examples highlight organizations' diverse methods to acknowledge and celebrate their employees' contributions, efforts, and achievements. As a result, Adobe experienced a 30% rise in employee engagement, driving higher creativity and innovation, alongside a 10% increase in year-over-year revenue.

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Employee Recognition Event: Tips and Recognition Calendar

Vantage Circle

Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration. Join us to elevate employee recognition and unleash your employees' full potential.