Employee Recognition Programs Focus on Tangible Outcomes
In
Monday’s blog we discussed the #10 trend taken from Incentive Research Foundation’s
2014 Trends in Engagement, Incentives, and Recognition report, the popularity of non-cash rewards as sales incentives. Today we want to focus on another trend taken from the study, the shift in employee engagement and how businesses are shouting, “Show me the
results!” These
results include things like brand authenticity, effective change management and efficient cross-company collaboration. The report goes on to explain, “Engagement as an aspiration measure is shifting focus and becoming a way to drive better outcomes.” Those direct outcomes are not only being recognized and measured, but strategically rewarded in an effort to secure a successful program for the long haul. Check out more on this trend and the other 9 topping the list for
2014 here.
Low Cost Employee Loyalty Can Still Be Effective
With employers always looking for new ways to engage employees at work, in hopes of boosting employee loyalty metrics, we looked to our neighbors from the north for some advice. Here are three quick and easy ways you can maximize loyalty at your organization, without attaching any budget to the effort.
Sales Incentives: Focusing on Non Cash Rewards
The topic of selling sales incentives made the list in the Incentive Research Federation’s (IRF) newest report,
2014 Trends in Engagement, Incentives, and Recognition. The report shined light on the fact that although sales goals came up short last year, many of those companies are still raising quotas for 2014, leaving many executives searching for answers on how their sales teams will make those numbers. One trend that came out of the study was focused on the incentives being used to motivate sales teams. The report stated,
Boost Employee Health with Friendly Competition
Employee health and wellness have taken center stage in workplace initiatives, especially as companies strive to improve well-being while reducing healthcare costs. In addition to reduced costs, employee wellness programs may also be connected with business success and profitability. While these programs often focus on health education and screenings, introducing a bit of friendly competition can make a significant impact, both in engagement and results.
How to Improve Employee Engagement
Engaged employees become brand advocates and evangelize your organization. Engaged employees do better work to serve your customers and ensure your team and organization hit revenue targets. Here are three ways to boost your employee engagement: