Top 10 Trends for Employee Recognition in 2013
Mobile recognition, Social, Interactive, Green…there are many key initiatives rolled up in Roy Saunderson’s Top 10 Trends for Employee Recognition in 2013, but he shows us that it’s not just important to identify the trends, but to also put them in context. It’s not surprising to see gift cards rank in top recognition trends for the new year, but Roy shares his insights around making recognition and incentives meaningful for the employee.
“6. Give me the cards I want." Employees will no longer be satisfied with mainstay gift cards from big box stores and established suppliers. Employees will demand to receive customized cards from meaningful places they prefer and not just what the employer deems everyone should get.” This bodes well for GCP’s strategy of bringing the most wanted gift card brands to employers for recognition rewards and incentives. It forces employers to not just toss a cash equivalent gift card at an employee, but to be thoughtful about the gift. Give gift cards to great restaurants so your employees take their families to dinner, pharmacy gift cards so families can be proactive with healthful and personal care purchases, retail apparel gift cards…often a real treat.
Check out the rest of Incentive’s Top 10 Trends for Employee Recognition in 2013
Decrease Employee Stress to Increase Your Bottom Line
Stress. We all deal with it every day, constantly finding better ways to deal with it, cope with it, release it, but we rarely think of the long term effects it has on our bodies, or our careers. However, for small business owners employee stress is a top concern. According to a national survey done by Humana Inc., 93% of small business owners consider employees’ physical and mental health as contributors to their bottom line. Managing employee stress and the negative effects is has on health is crucial for small business owners. The effects of stress can decrease employee productivity, increase absenteeism, and hurt a company's culture and business results. According to the Humana survey only 22% of the small business owners surveyed offer Health and Wellness programs, while 85% of those surveyed believe that these programs are worth the investment. Implementing Health and Wellness programs can help manage employee stress, increase productivity, and decrease absenteeism. Offering small incentives for employees who reach various health and wellness goals, such as a goal weight, lowering blood pressure or mitigating risks of other conditions that can become serious and costly, can provide that supportive
pat on the back that employees need to lose those few extra pounds, or take an active role in managing their stress. Incentives can be as inexpensive as a small denomination gift card to a health-promoting retailer such as
CVS/Pharmacy or
GNC. An small investment like this can be just enough to show employees that the organization they work for supports and commends them for their hard work. Health and Wellness programs are a win-win investment for organizations, improving their workforce while helping to control long term health care costs.
B2B Gift Card Incentives Defined
We’re finding that people are still questioning why companies across the U.S. are spending $22.7 BILLION
1 on gift cards and what this segment of the B2B gift card market is all about. AND we’re also finding that corporations and companies of all sizes are STILL surprised to learn that there are savings to be had on gift card incentive BULK purchases for motivation, incentives, and rewards. Why are 52% of U.S. businesses using gift cards to recognize and reward employees, sales folk, partners and customers.
2 Check out GCP’s new Customers and their Programs page on our website for
B2B Gift Card Incentives Defined. Want to dig deeper into how gift cards are utilized in the workplace to motivate, incent, and reward? Download our
Incentives in the Workplace eBook. 1 & 2 Source: IRF Market Study: B2B Gift Cards
Preparing for Your Small Business' 2013 Health and Wellness Program
As we head into 2013 and employees commit to their New Year's Resolutions to quit smoking, lose weight, or generally live healthier lives it is the perfect time for your small business to implement a health and wellness program. Here are a few tips on starting the year off right for your business and your employees.