HR Digest

MARCH 9, 2021

In the same report, 89 percent of employers said that most employees left their jobs in search of better pay, but most who left their jobs cited lack of employee recognition as a major concern. The whole point behind any recognition gesture is to make employees feel valued. Provide privileges and perks.

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Vantage Circle

JUNE 8, 2024

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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Achievers

MARCH 6, 2020

Real motivation and employee retention are rooted in recognition. Unfortunately, a lack of recognition is the third most common reason employees leave their employers. When done correctly, employee recognition can be one of the most effective ways to boost the employee experience and appreciate employees.

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Vantage Circle

AUGUST 1, 2024

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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Empuls

JULY 26, 2024

According to Gallup , employee recognition is the top reason that keeps employees happy at work. Among employees who have great recognition experiences, 72% say that performance on "little things" is commonly recognized at their organization.   What are employee recognition programs? 

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Vantage Circle

MAY 15, 2024

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

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Insperity

NOVEMBER 28, 2019

Are you doing enough to recognize your employees? You may realize you’re not doing enough to show employee appreciation, or perhaps your company lacks a formal employee recognition program. Employee appreciation and employee recognition may seem like the same thing at first glance, but there’s a nuanced difference.

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Vantage Circle

JUNE 13, 2023

Although there are innumerable ways of rewarding your employees, rewards like spot bonuses undoubtedly win it. Unlike traditional performance-based bonuses typically tied to annual or quarterly reviews, spot bonuses can be awarded anytime. Why Give Spot Bonus to Employees? Hands down! Spot Bonus- What is it?

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Empuls

JANUARY 1, 2025

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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Achievers

OCTOBER 6, 2016

Incentive Magazine revealed employee benefits are more valuable than ever – according to MetLife’s 10th annual study of employee benefits trends, there is a strong relationship between satisfaction with benefits and overall job satisfaction. Rewards and recognition.

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Achievers

NOVEMBER 3, 2020

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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HR Lineup

APRIL 28, 2022

Every employer needs to treat their employees as valuable assets since they are the major contributors to their businesses’ productivity. Following this guideline will easily help you achieve your business goals and increase employee retention rates. . Importance of Empowering Employees. Encourage Employee Recognition.

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Vantage Circle

APRIL 23, 2024

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.

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Achievers

OCTOBER 13, 2022

Boosting employee happiness should be a priority for every employer. Happiness might seem like an abstract attribute, but it contributes to — and is the result of — many other, more tangible positive qualities, from employee engagement, to performance, to retention. 7 ways to boost employee happiness at your company.

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Achievers

AUGUST 4, 2022

This category includes salary, bonuses, commissions, stock options, and more. Employee recognition. Recognizing your employees reaffirms that you appreciate and respect their hard work. Employee benefits and incentives. A stronger employer brand. Your employer brand can be a hugely powerful recruiting tool.

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Achievers

MAY 18, 2017

No longer a specialist relief pitcher called in to face a tough hitter, or a rarely used bench player padding stats in garbage time, employee recognition has become a widely recognized superstar when it comes to driving employee engagement. And it follows that the more frequent the recognition the higher the employee engagement.

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Achievers

DECEMBER 12, 2022

Above all, they should blend seamlessly with your employer brand and form a cohesive whole with your organization’s daily practices. Few things turn off both employees and customers like a set of artificial values that are never put into action. Encourage employee recognition.

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Achievers

SEPTEMBER 28, 2015

Savvy employers understand the difference between intrinsic and external (extrinsic) motivators and develop engagement programs that recognize and reward employees for exercising the right behaviors and aligning with company goals. The rewards are tangible and often monetary, like pay increases, new benefits, bonuses, or promotions.

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Achievers

OCTOBER 26, 2021

Here’s a look at the true importance of recognizing employee anniversaries together with 14 great ways to celebrate anniversaries at your organization. Download the free guide to building a business case for employee recognition. Team members expect their employer to remember work milestones. Hold a party or ceremony.

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Vantage Circle

MARCH 26, 2025

Unlike bonuses that provide a temporary boost, intangible rewards cultivate long-term fulfillment. In this guide, we'll explore what intangible rewards are, why they're essential for your workforce, and how you can integrate them into your employee reward program to build a more motivated, loyal team.

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Vantage Circle

SEPTEMBER 19, 2018

What is the first thing that comes to your mind when you hear the word Employee Recognition? or Rewards and recognition ideas? Annual employee-of-the-year ceremonies? Well, implementing employee recognition at the workplace goes far beyond that. Employee Recognition is paramount in a workplace.

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Achievers

APRIL 10, 2020

Highly engaged employees are not only more likely to remain with an organization – they also perform better, help companies achieve greater profitability, and have more positive interactions with customers. Fortunately, there are many ideas and activities your organization can implement to boost employee engagement. Praise pays.

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Achievers

MAY 17, 2018

As the Forbes Coaches Council puts it, “In decades past, motivating employees was all about raises, promotions, and bonuses. Those days are gone, and today’s employers are quickly learning that engagement stems from different kinds of incentives — ones that impact an employee’s emotional, rather than financial, health.”

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Empuls

SEPTEMBER 20, 2024

Employee incentives that work are essential for boosting motivation, engagement, and productivity within an organization. An employee incentive is a reward or benefit offered to employees to encourage higher levels of performance, engagement, and satisfaction within an organization. and $10.51 per hour, respectively.

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HR Lineup

JULY 6, 2023

Matter is a cutting-edge employee recognition and rewards platform designed to elevate employee engagement and boost morale within organizations. At the core of Matter’s functionality is its comprehensive employee recognition system. One of the standout features of Matter is its flexible rewards system.

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Insperity

AUGUST 25, 2020

What can you do to stand out during unpredictable times and show that you’re an employer of choice – and will continue to be one, come what may? What’s an employer of choice? When you’re an employer of choice, you’re an organization that people have a strong desire to work for. What being an employer of choice looks like.

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Higginbotham

JANUARY 30, 2024

percent of employees only feel somewhat valued, and 10.7 Employers are struggling with low employee engagement , high burnout and expensive turnover, and feelings of underappreciation from employees can exacerbate these challenges. However, exit interviews may not reveal this, as employees might not always be candid.

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Empuls

MAY 29, 2024

MGM Grand 1 , a Las Vegas hospitality company, realized the need to enhance employee engagement by following a value-driven employee recognition program. In its approach, the company successfully streamed employee satisfaction surveys, which showed an increase from 87.5%    What is employee recognition?

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Vantage Circle

SEPTEMBER 19, 2018

What is the first thing that comes to your mind when you hear the word Employee Recognition? or Rewards and recognition ideas? Annual employee-of-the-year ceremonies? Well, implementing employee recognition at the workplace goes far beyond that. Employee Recognition is paramount in a workplace.

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Employee Benefits

FEBRUARY 28, 2024

Initially, employers should identify what they want a recognition scheme to achieve. Employers can offer employees public verbal recognition , awards, bonuses, vouchers, stipends and spending accounts. This suggests that employers are trying but sometimes miss the mark.

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Achievers

OCTOBER 13, 2015

If you find yourself seeking creative ways to increase employee retention and reward exceptional worker effort, here are a few useful points to keep in mind. In addition to their desire for greater personal autonomy over the completion of work projects, today’s employees struggle to balance work commitments with the demands of personal lives.

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Empuls

AUGUST 23, 2024

They celebrate work anniversaries with personalized gifts, team parties, and even surprise experiences tailored to the employee's preferences. Their approach focuses on making employees feel valued and appreciated. FedEx - FedEx is known for its commitment to employee recognition. What is a work anniversary called?

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Vantage Circle

MAY 15, 2024

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The cost of employee turnover can be significant, often estimated to be 1.5

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Higginbotham

DECEMBER 11, 2023

In a global economy characterized by low unemployment and increasing competition, smart companies stay ahead of their competition by deploying a secret weapon: they attract and retain top talent through the extraordinary human power of recognizing employees for good work.

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15Five

NOVEMBER 4, 2022

Employee recognition is about nurturing those relationships, and showing people their contributions are meaningful, valued, and important. In this post, we share an employee recognition definition, and discuss why employee recognition is important. What is employee recognition?

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Vantage Circle

FEBRUARY 15, 2025

A meta-analysis of employee reward programs found that competitive reward programs produced a 27% gain in employee performance. Bonuses and Incentives How it helps : Tying bonuses and incentives directly to achievements motivates employees to perform better and go beyond.

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Employee Benefits

AUGUST 23, 2023

Benefits offered by Precis Digital: Pension A group personal pension (GPP) scheme for all employees, with up to 8% matching contributions from the employer. Employee assistance programme (EAP). Holidays 30 days a year, and employees can roll five days over each year. Employees can only receive one bonus per quarter.

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