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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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Understanding Service Rewards and Taxation Benefits in the US

Vantage Circle

The total value of all employee achievement awards given in one year must not exceed $400, excluding awards valued at less than $50. Cash, gift certificates, travel, vacations, event tickets, bonds, stocks, and other intangible incentives are excluded from tax-deductible awards.

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Employee Well-Being Impacts Your Recruiting Efforts

HR Bartender

So we agree – employee referrals are important to our overall recruitment efforts. But, how does this relate to employee well-being? While we talk about how successful employee referral programs are, we don’t always talk about what makes them successful. Then build your bonuses accordingly. HireRight, Inc.

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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. 401(k) matching), stock options, or performance bonuses.

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Extrinsic Motivation at Work: How Rewards Drive Workplace Success

Empuls

Motivating employees often requires more than just passion for the work itself. External rewards, or extrinsic motivation, have a key role in keeping employees driven. These motivators can be financial incentives like bonuses and raises or rewards such as recognition and promotions.

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121 Employee Wellness Program Ideas Your Team Will Love

SnackNation

121 Employee Wellness Program Ideas Your Team Will Love. . Employee wellness programs have become a staple in many companies as a way to attract top talent, keep them happy and productive, and decrease employee turnover. Here’s a quick list of employee wellness program ideas voted on by our readers.

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Health & Wellness Incentives: How Corporates Can Step Up the Game of Employee Wellness Programs

Empuls

  Employee wellbeing is non-negotiable.   That’s why employee wellness programs have long existed, but they have evolved—owing to the significant change in the employees’ behaviors.    What is health and wellness incentive?  on absenteeism costs.