Employees Yearn for Recognition- Not Just Rewards
For many organizations employee recognition and financial rewards are tied at the hip. It makes sense- rewards promote the desired behavior and only incur a fixed predictable cost to the employer. Rewards are proven effective and continue to be so, but the lasting value of that reward goes a lot farther with an employee if it is paired with true recognition of the accomplishment that earned them the reward. The compliment from their manager means as much or more than the reward it is paired with, and the recognition can often get lost in the day-to-day craziness of the workplace. Here are 3 quick and easy ways to ensure that you pair the proper employee recognition with your rewards to make them happier and more satisfied with their position and their organization. 1)
Be timely: If you notice an employee making an exceptional effort or going beyond their job responsibilities- act immediately. A simple compliment, or a quick email in the moment shows the employee that their organization is always taking notice of their efforts. This makes them feel good whole also promoting positive behavior for the future. 2)
Be authentic: When recognizing an employee’s good work or extra effort, mean what you say and back up what you do. If you recognize them publicly in front of their peers make sure you recognize their individual accomplishment. Don't give a generic motivational speech, instead speak specifically to what
they did. Giving formulaic recognition will have an adverse effect where employees race to certain benchmarks because they know a reward is waiting for them, which is much less effective long term. 3)
Add employee based value: Recognize employees by adding value measured in their terms. When providing rewards, gift cards are a great way to add individual value by presenting employees with a choice of how they want to receive and use their reward, without adding organizational cost. Being able to help a working mom out with dinner by providing a
Boston Market gift card, and helping that junior associate right out of college buy his first apartment enhancement with a
Crutchfield gift card, or helping that employee who you know has a long commute every day with a
Speedway gas gift certificate, adds a personal touch that will be memorable and more valuable to employees. Employee rewards work- but they must be paired with proper employee recognition, otherwise the meaning is lost. Adding value and meaning to employee recognition will have a long lasting effect on their loyalty, productivity, and happiness.
For more information on how to recognize your employees check out this article from Forbes.
Education is Key to Successful Health and Wellness Programs
Employers are increasingly adding health and wellness programs to employee benefits packages to both help control organizational costs of providing healthcare benefits and to keep employees healthy and productive at work. However, it is not enough to just have the program available- you have to educate your employees about it so they know it is there and all of the ways it can help them set and reach their health and wellness goals.To say it another way- most of us have seen the movie Field of Dreams, it happens to be one of my personal favorites- health and wellness programs cannot be dependent on Ray Kinsella's "If you build it, they will come" mentality. These programs take more work to train employees on the benefits and ensure that your workforce is aware of all that their employers is making available. According to a recent whitepaper from Colonial Life & Accident Insurance Company 52% of employees at organizations where health and wellness programs are being offered either don't know they exist at all or are unaware of what they encompass. Making short education sessions available or required can change that statistic easily. To ensure your organization maximizes the investment in their employees health and wellness program providing small incentives to employees who enroll in the program is a great motivator. Small denomination gift cards to health and wellness retailers like GNC, CVS/Pharmacy, or Nutrisystem can help kick start any employee's work towards a health and wellness goal, and reminds them that their employer will be there to help and support them every step of the way. That kind of lasting impact will make for a happier, enduring, and more productive workforce throughout the life of the program and beyond.
Employee Wellness and Safety Programs: How Health and Wellness and Safety Incentives Work
GiftCard Partners and CVS/pharmacy recently co-sponsored a webinar called Healthcare Reform’s Impact on Wellness - How to Incentivize Employees to Engage in Healthy Behavior. Speakers included Jonathan Edelheit, Editor in Chief of Benefits Live Magazine, Vanessa Cullerton, Senior Manager of Employee Wellness for the Hillshire Brands Company, Stacey Nelson, Manager of Health and Welfare for Sprint; and our own Edward Shulkin, President of GiftCard Partners.
3 Ways Companies Lose Their Best Employees- And How to Make Employee Retention A Priority
Employee retention can be difficult in today's job market. There is no such thing as a "company man or woman" any longer, and employees tend to switch jobs for one reason or another more frequently than we have seen in the past. Making employee retention a priority for your organization helps maintain continuity in the workforce, which makes the whole organization more productive, happier, and more motivated to succeed within the organization, not outside of it. Check out 3 common mistakes that can drive top talent out, and how you can make employee retention a priority in your organization.
Increase Productivity with an Engaged Workforce
The level of engagement within your workforce will affect your bottom line whether you know it or not. Engaged employees come to work energize and motivated to do the best, and most, they can for their organization each and every day. Engaged employees are willing to use their expendable energy, the extra energy they reserve for themselves, on their jobs when they are fully engaged at work. Employee engagement begins with the employer- ensuring your whole workforce is fully engaged in their positions takes investment from the organization to energize employees. Here are a few proven ways to ensure your workforce is engaged, and as productive as they can be: