Achievers

AUGUST 4, 2022

Total rewards doesn’t just pertain to financial compensation ? it also includes healthcare benefits, time off, recognition programs, and more. Financial compensation. Employee recognition. Recognizing your employees reaffirms that you appreciate and respect their hard work.

Financial Compensation 243

Financial Compensation Employee Recognition Employee Incentives Employee Retention 243

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

Employee Recognition 105

Employee Recognition Bonuses Utilities Media 105

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

Employee Recognition 52

Employee Recognition Bonuses Utilities Media 52

15Five

MARCH 23, 2017

Financial compensation didn’t appear until number 8! Four out of five employees (81%) say they are motivated to work harder when their boss shows appreciation for their work. Unfortunately, many managers don’t respond to this need and those who do, choose employee recognition programs. Click To Tweet. generic)?

Employee Recognition 122

Employee Recognition Financial Compensation Hospitality Government 122

Hppy

FEBRUARY 27, 2024

Employee appreciation is a great way to keep your staff motivated and elevate your employer branding. You can reward them with cash bonuses and other monetary compensation types. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation.

Financial Compensation 79

Financial Compensation Employee Loyalty Health Insurance Bonuses 79

Vantage Circle

AUGUST 16, 2021

A bonus is paid to an employee as an incentive to perform well throughout the year. Most times, employers award a bonus for a specific achievement that meets the company's expectations. Many companies are also willing to pay retention bonuses to keep employees on board. Also Read: Why Employee Development Matters in 2021.

Employee Incentives 52

Employee Incentives Bonuses 401(k) Retirement Plan 52

Vantage Circle

JANUARY 30, 2024

This statistic highlights the generational shift in priorities, where meaningful work and a sense of fulfillment outweigh financial compensation. It also prompts employers to consider the importance of cultivating engaging and purpose-driven work environments. An appreciative work culture helps in employee retention.

Employee Recognition 52

Employee Recognition Employee Retention Financial Compensation Recruitment 52