Empuls

OCTOBER 19, 2021

Let us now look in detail at how these 14 companies across different industries have redefined workplace culture and improved productivity with their modern employee rewards and recognition programs. Two examples of rewards and recognition programs from consulting companies 1. Bain and Company.

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Empuls

OCTOBER 4, 2021

Paid leaves – From maternity to sick leaves, compensatory time off, and even paid vacations, paid leaves are usually calculated by dividing an employee’s annual leave balance by the number of pay periods in the year.

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Empuls

SEPTEMBER 5, 2023

For example, Microsoft could enhance their years of service awards by offering additional paid time off to employees who have been with the company for a certain number of years. For instance, employees reaching 10 years of service could receive an extra week of paid vacation to use within the year.

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Empuls

OCTOBER 11, 2023

In contrast, organizations that prioritize recognition and rewards experience a 31% lower voluntary turnover rate. Whether it's leading a high-impact project, mentoring junior team members, or representing the company in a key initiative, these roles can be immensely rewarding and motivating for high-performing employees.

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Vantage Circle

JULY 16, 2021

The employee of the month award is one of the most common methods of employee recognition. It has become an integral part of almost every company's recognition strategy. When done right, it can motivate employees to engage more and push employee performance to the next level. Each employee is unique.

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