Remove Bonuses Remove Employee Recognition Remove Finance
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What is Employee Recognition?

HR Lineup

Employee recognition goes a long way in retaining workers, thus boosting their morale. This article takes you through the meaning of employee recognition and why you need to include it in your company’s culture to transform your workers and business’ bottom line. What Do You Mean by Employee Recognition?

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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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How To Design An Effective Spot Bonus Program?

Vantage Circle

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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15 employee recognition gifts for showing meaningful appreciation

Achievers

If you want to develop an employer brand that’s hard for job seekers to resist, start with making employee recognition a cornerstone of your company’s organizational culture. Employee recognition gifts go beyond simple gestures of appreciation. But it also requires a real understanding of what employees want.

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How to tackle wage growth and remain competitive in a tough market

Insperity

All of this helps you treat employees equitably and avoid legal problems down the road. Here are a few simple steps to get started creating a compensation strategy: Assess your current pay practices, including base pay along with any bonuses or incentive plans. Employee recognition. Employee assistance programs.

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Performance Rewards to Motivate and Retain Your Top Talent

Empuls

   Understanding your employees' needs and preferences  Before diving into specific rewards, it's essential to understand what motivates your workforce. Some may value financial incentives like bonuses or raises, while others might prefer opportunities for professional development or flexible work arrangements. 

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Overcoming seasonal impacts on employee motivation

Insperity

The good news is simple employee recognition can reignite enthusiasm and remind employees that you care. Employees with young children may be trying to figure out summer camps, childcare routines and financing. And it doesn’t need to break the bank. Summer also tends to be a time of weddings.