The Return On Employee Recognition
Employee recognition programs typically make up just 1 to 2 percent of the total payroll budget on average. The return on employee recognition can be much higher and you don’t need a large budget for your program to make it best-in-class. Employee recognition can improve engagement, retention, and create a stable staff environment, according to Katie Scott of Globoforce. Discover 3 ways to see a return with your employee recognition programs.
3 Ways Loyal Employees Make Your Business Better
Loyal Employees are important for a number of reasons. It’s always better to have happy people working for the health of your business. Having loyal employees makes your business better and stronger over the long term. Here are three ways employee loyalty can actually improve your business.
Positive Outcomes of Employee Recognition
We discuss how to implement employee recognition and employee rewards on this blog, but we don’t always discuss why we should spend time and resources on these employee programs. Today, that changes. Here are three positive outcomes of employee recognition that you could (and should) enjoy the perks of when you properly execute an employee recognition program within your organization. These aren’t just our opinion, they have actually been observed by companies who have successfully implemented employee programming.
A Brief Guide to Employee Advocacy
Employee advocacy can be a powerful tool in building employee trust, investing in the company, and also helping to recruit talent and spread positive word-of-mouth about your organization and its products. However, employee advocacy needs to fit your staff, your company, and your objectives for a program to have the desired affects. Here are three components to help when deciding if employee advocacy is right for your organization:
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.