End of Year Employee Rewards May Cost Less Than You Think
A recent survey by Parago, a benefits consulting company, of 600 employee nationwide, has shown that your year-end employee rewards may cost less than you think. Taking the time and budget during the holiday season to thank your employees can go along way and according to Parago's survey 61% of employees would be satisfied witha $25 gift card, and 88% of employees would be satisfied with a gift card of $100 or less.
How a Total Rewards System Benefits Employers
Using a total reward system for employees can benefit an employer as well. Offering rewards and incentives, as well as professional development opportunities for employees, helps control employee rewards cost as well as enhancing employee satisfaction. Incorporating even small rewards such as gift cards for a family meal at the Cheesecake Factory, or a shopping trip at Whole Foods Market or CVS/pharmacy, in addition to regular benefits and compensation can go a long way in keeping employees satisfied and content in their jobs. Here are 4 ways a total rewards strategy can benefit your employees, as well as your business.
Help Your Employees Realize Their Dreams...It will Pay Off in the End
Helping employees realize their dreams and achieve personal goals will help your organization form a meaningful relationship with its employees. Employees want to feel support from their employers, and helping employees accomplish career goals and professional dreams will make them more loyal to your organization and more dedicated to your cause. Keep these 4 tips in mind when assessing how to motivate and support your employees:
5 Tips for Motivating A Virtual Workforce
Virtual workforces, like the atmosphere we share at GiftCard Partners, are becoming more and more common as we can work together and share projects through digital channels. However, virtual workforces need alternate forms of employee engagement and motivation. Fostering team camaraderie and sharing common goals requires innovative solutions from organizational management. Here are 5 ways to motivate your virtual workforce, from an employee of a virtual company who couldn't help writing about such a relevant topic!
3 Quick Tips for Keeping Employees Happy
Many companies are working to raise retention rates and employee loyalty. There are a few easy ways to keep employees happy, productive, and loyal within your organization. The full compensation package given to employees has to be fair and has to show employees that as they give more time to their organization, their employer will scale their compensation, both financial and non-financial, and show dedication to them. Here are 3 easy tips for keeping your employees happy and content in their positions.