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Deep Dive on Budgeting for Employee Recognition and Reward Programs

Vantage Circle

The agenda was about increasing the budget for our employee recognition program. In many organizations, employee recognition is seen as an expense rather than an investment. A well-planned budget is not about handing out rewards; it's— about fostering a culture that employees appreciate.

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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.

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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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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.

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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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Employee Recognition Programs: 6 Steps to Create a Winning Program

Empuls

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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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.