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 Financial Compensation 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 Financial Compensation 52

Vantage Circle

JANUARY 30, 2024

Employee engagement is the driving force behind exceptional workplaces. It embodies the commitment and enthusiasm employees bring to their roles. Yet, comprehending the depth of employee engagement requires more than observation. SHRM study shows employee recognition's impact on retention and recruitment.

Employee Recognition 52

Employee Recognition Employee Retention Financial Compensation Recruitment 52

15Five

MARCH 23, 2017

It also requires employee appreciation. Over 200,000 global employees were studied by the Boston Consulting Group , and the top reason they reported enjoying their work was, “feeling appreciated”. Financial compensation didn’t appear until number 8! Employees question the genuineness of recognition when it is: Commanded.

Employee Recognition 121

Employee Recognition Financial Compensation Hospitality Consulting 121

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 study showed that travel incentives are the most popular incentives among employees. Thus, the key to any employee incentive program's success is motivating your employees and making them feel good about their work. A bonus is paid to an employee as an incentive to perform well throughout the year. Profit-sharing.

Employee Incentives 52

Employee Incentives Bonuses Retirement Plan 401(k) 52

Achievers

AUGUST 4, 2022

Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. Total rewards doesn’t just pertain to financial compensation ?

Financial Compensation 190

Financial Compensation Employee Recognition Employee Incentives Employee Retention 190