Guide to Employee Recognition Letters: Tips, Templates & Free Printables
Employee recognition is not just a nice-to-have; it’s a strategic investment in your workforce. Research from Gallup shows that organizations with strong recognition programs experience 59% lower turnover rates and see significant boosts in productivity. Writing an employee recognition letter is a thoughtful and cost-effective way to highlight achievements, build morale, and reinforce positive behaviors.
3 Common Employee Recognition Mistakes to Avoid
A lack of recognition at work can severely impact employee satisfaction and retention. Luckily, an effective company recognition program can promote loyalty, boost motivation, and increase productivity.
Why Cash Rewards Don’t Motivate
We talked before about the shift in reward and incentive programs. Employers must now take into account that each workplace is usually comprised of 3 different generations, Baby Boomers, Generation X, and Millennials. Each of these generations defines a “valuable reward” in different ways. This shift in rewarding now involves turning away from the idea of general cash rewards and taking a more personalized approach to the individuals you are trying to motivate or reward.
3 Employee Engagement Trends to Consider in 2016
Employee engagement remains a critical part of HR programs and a big challenge going further into 2016. While every expert is discussing engagement trends, here are three trends to help you get started in boosting your employee engagement.
Are Employee Rewards Benefits or Bonuses?
A new study from the Reward & Employee Benefits Association indicates that employee engagement is considered a top strategic priority for 2016 (35.6% of respondents indicated this as number 1).