Engage, Recognize, Appreciate. Build Culture. Drive Business Impact
Disengaged employees can prove to be a major concern for organizations as they can deeply impact the bottom line of the organization. If left unchecked, such disengagement can lead to various problems within the organization, including a significant reduction in
Organizations today are constantly working towards enhancing the overall happiness and satisfaction of their employees at the workplace. All these efforts contribute towards boosting employee engagement of the workforce, which in turn result in a significant increase in business productivity
Organizations can no longer afford to overlook the significance of having highly engaged and motivated employees in their workforce. Hence organizations are increasingly focusing their efforts on employee engagement by developing and implementing various initiatives. In this context, employee engagement
Even as organizations work towards improving employee engagement levels within the workplace, their efforts might turn futile as the work culture becomes toxic gradually. Promoting positive work culture is the basic requirement for organizations to succeed. However, in a constantly
Hiring has always been a tough challenge for organizations, be it small or large. Another challenge is getting the new hires to “hit the ground running,” and get them up to speed with the organization’s work environment, workflow processes, and
Even as the entire world struggles to contain the spread of COVID-19 (the coronavirus) pandemic, business organizations across the globe are coping with their own challenges resulting from this global crisis. These challenges range from significant declines in demand to
One of the priorities of most organizations today is to enhance employee engagement and motivation levels to attain the benefits of better productivity and greater retention. In this context, employee recognition has come to play a critical role especially since
The term employee engagement is being used extensively in business circles for more than two decades now. Organizations define employee engagement as the level of emotional connectivity or the sense of commitment that employees feel towards the organization. However, most
The days, when posting the name and picture of the “Employee of the Month”, on a department’s bulletin board was possibly the best employee recognition strategy, have long gone. The extensive use of technology in various HR functions, including employee
Employee recognition has today become one of the most critical business processes for ensuring the success of an organization. That is why organizations are increasingly focusing on recognizing the hard work and achievements of their employees in a timely and
Most successful businesses today thrive on a culture based on valuing employees, and recognizing and rewarding them for their contribution towards organizational growth. That is why it has become important for organizations to have an HR strategy where employee recognition
Driving higher levels of employee engagement are turning into a major challenge for organizations across the globe. As organizations explore different strategies and methods to attain this objective, some yield better results than others. One such strategy that is proving
Ensuring that an organization is considered a truly great place to work by potential employees involves exploring, evaluating, and improving several different aspects of their current workforce experience. In most organizations, these are directly associated with employee engagement. Corporate learning
The significance of employee recognition is widely acknowledged by organizations today. This is evident from the fact that organizations are investing considerable money, time and effort in developing effective recognition programs to keep their employees engaged and motivated. However, despite
Employee engagement has become the buzzword in most organizations today. In fact, most business leaders agree that mastering the art of engaging the workforce is the key to running a successful business. However, employee engagement goes beyond organizing an occasional
With most employees working in highly stressful and competitive environments, adhering to the traditional 9-5 schedules has become a rare occurrence. This, in turn, impacts their personal lives in more than one way; which in turn has an impact on
Organizations today are increasingly realizing the need to focus on the happiness and satisfaction of their greatest asset, namely their employees. Showing proper care for their employees has made it necessary for organizations to work towards transforming their everyday work
Every organization, irrespective of its size and type, has its own set of values and behavior patterns that the employees of the organization are expected to adhere to. The term for this set of values and shared practices of an
Most organizations today are aware of the significance of employee engagement for ensuring business success. A highly engaged workforce provides numerous benefits such as improved productivity, less absenteeism, better talent retention, and improved relationships with clients. However, in order to
“It is not the belief but the ability to make others believe in you is what drives the outcomes”. These famous lines by Henry Ford are the crux of every successful organization. The organization is not driven by the infrastructure
The way in which businesses operate has undergone a drastic change over the past several decades. Unlike the earlier times, today the balance of power lies more with the employees as compared to the employers. As the job market has
Recognition and appreciation are the two most common words used within s organizations in the context of making employees feel valued or to enhance their motivation levels. In fact, it is quite common for people to use the two terms
Performance management is one of the most important HR processes in modern organizations as it helps in keeping the members of the workforce productive and motivated. There are various factors that contribute to building an effective performance management system. One
Be it a school or a large corporation, award certificates hold value for all. The aura associated with award certificates is irrespective of the age. The award certificate represents the extra mile that an employee has gone for the organization
Employee recognition programs have become one of the most effective means for motivation and engagement of the workforce. These programs offer financial and psychological benefits to the employees with the objective of making them feel valued both as members of
As a new year unfolds, the trends in rewards and recognition of the employees who are going to rule the year become the talk of the HR world. With the change in the profiles, preferences, and priorities of the employees,
One of the factors that make modern work environments unique is that the workforce today comprises of people from multiple generations. This naturally creates diversity in the workforce and makes for a great learning experience thanks to the distinct perspectives
Over the past decade, social media has become an integral part of the everyday life of most people. The rise of smartphones has further popularized the use of various social media networks by providing instant access to these platforms. From
An increasing number of organizations today have come to acknowledge the fact that employee engagement can prove to be a serious game-changer for their venture. In fact, countless studies and researches have proven that engagement is the key to enhanced
For most startups, their initial years are both exciting and overwhelming like roller-coaster rides. With a seemingly unending list of tasks, all of which seem to be of great importance for business growth, startups tend to lose focus of their
Most employees spend the majority of their waking hours at their workplace, contributing to business growth and success. Given the fact that employees are the most valuable asset of an organization, their mental and physical wellness is the key to
How employees feel about their work and their workplace can contribute significantly to organizational success. Most effective leaders are aware of the fact that having an engaged workforce can offer a unique competitive advantage to any business. This is because
Employee engagement has become the key to ensuring the consistent growth and success of an organization. An engaged workforce is known to be more loyal and productive and less prone to absenteeism as compared to a disengaged workforce. Hence, it
A workplace is traditionally perceived as a serious, dull and gloomy space that is dedicated to performing various professional tasks in a no-nonsense environment. In fact, most people start experiencing a sense of growing stress as they get nearer to
For several years now, organizations have been focusing on improving employee engagement through various initiatives and strategies. Even though such initiatives entail an investment of time and effort by both HR executives and the management, they can positively impact the
With most modern workplaces becoming increasingly competitive, it is really not surprising that a large percentage of employees today are suffering from various health and wellness issues. Excessive deadlines and tight project delivery deadlines combined with poor work-life balance and
In most organizations, high-performing employees are often held in high esteem by their peers as well as their superiors. In fact, their exceptional efficiency often makes the management turn a blind eye to some of their other behavior issues. As
Social media has been significantly influencing different aspects of our professional and personal lives. While organizations have been focusing on leveraging social media for their business growth and promotion, they have overlooked their potential in terms of improving and strengthening
Giving feedback is one of the key managerial responsibilities, which when fulfilled in the right manner can help in enhancing employee engagement and motivation levels. While most managers find it easy to offer positive feedback to the employees, they often
The dynamics of keeping employees engaged and motivated have changed significantly over the past several years. Today, employee rewards, which are known to be the biggest driver of engagement, are based more on new work requirements and the changed expectations
Most people like and expect to be appreciated for who they are and what they do, especially at their workplace. It is this basic aspect of human nature that has led to the development of the concept of employee rewards
It is a well-acknowledged fact that employee recognition plays an important role in motivating, engaging and retaining members of a workforce. That is why organizations today are increasingly focusing on making recognition programs a central part of their people strategy.
Recognizing and rewarding the efforts and achievements of their employees is the key to enhancing the engagement and loyalty of the workforce. In fact, a majority of business organizations today have an effective reward system in place to keep their
Businesses today are understanding the importance of employee engagement more than ever. In addition to enhancing happiness and satisfaction level of employees, it helps in ensuring their long term retention with the organization. This, in turn, minimizes any work disruptions
Employee appreciation and recognition help to create an engaged and dedicated workforce, which in turn contributes to business growth. To get the best results in the form of enhanced employee motivation and performance, it is important for organizations to learn
The motivation level of the employees plays a critical role in determining their efficiency and overall performance at the workplace. An efficient workforce is a key to organizational success through the timely achievement of business goals. Hence, it is not
Every organization today desires a team of highly motivated and hard-working employees capable of taking the organization to the heights of success. Motivated employees tend to be more creative and efficient and thus become a valuable asset for the organization.
Technology has deeply impacted the everyday functioning of organizations. In addition to ensuring the automation of various complex business processes, it has also helped in enhancing the employee experience, engagement, and overall behavior. Even employee rewards and recognition programs have
Modern workplaces are significantly different from what they used to be only a few decades back. With employee engagement and motivation becoming the new focus areas, organizations today are facing the need to develop a culture that helps in promoting
Employee recognition has become the focal point for almost everything related to business growth and success. From employee engagement to workforce efficiency and even talent retention, employee recognition has come to deeply impact every aspect of an organization. However, despite
Employers today are well aware of the fact that lack of appreciation creates a disengaged workforce that is extremely difficult to retain over a long period of time. The failure to appreciate the employees makes them feel that their efforts
It is a well-acknowledged fact that recognition and rewards are essential for creating a highly engaged and motivated workforce. However, deciding the most appropriate rewards and the best ways to present them to the deserving employees is not enough to
Most employers generally think that the practice of offering cash rewards to recognize and appreciate the efforts of employees is likely to provide the best results. As such, they completely ignore the concept of non-monetary recognition at the workplace. However,
Recognizing the efforts and achievements of employees is essential to keep them motivated and engaged. While most organizations have an employee recognition program in place, a majority of these end up being simply plain and boring. This is true even
When it comes to recognizing and rewarding their employees, organizations follow their own unique systems and processes. This is due to the differences in the work culture and operational models of organizations. Increasingly, peer to peer recognition is emerging as
Organizations today understand the importance of rewarding and recognizing the efforts and achievements of their employees in a proper and timely manner. Hence it is not surprising that they consider the time, money and effort spent in setting up such
Employee engagement is one of the key aspects of enhancing employee engagement and motivation levels. When employees feel appreciated, they are consistently self-driven to perform their best and make a positive contribution to organizational growth. Given this, an increasing number
The main objective of employee rewards and recognition programs is to appreciate and celebrate the efforts and achievements of the members of the workforce and make them feel valued. These programs prove extremely effective in boosting employee morale and engagement
The benefits of having an effective employee reward and recognition system are well known to most organizations today. However, there is a new debate has already begun, if and how customers can play any role in rewarding employees or even
In most organizations, core values are plastered across the walls of the workplace with the belief that it can help in building a strong team foundation and an equally strong organization culture. However, just talking about the core values of
Retaining their high-performing employees is a major challenge faced by business organizations today. The problem has been further complicated by the growing popularity of the trend of job-hopping, which essentially means employees seek new job opportunities after every 2-3 years.
Corporate values play a critical role in creating a positive work culture and ensuring organizational success. In most successful organizations, corporate values create a perfect balance between the expectations and practicality of getting the tasks done. Developing such values and
The impact of the internet on the everyday lives of people has grown beyond the concept of sending, seeking and sharing information online. Today, the internet is widely used for performing a wide range of personal and commercial transactions. In
When high performing employees leave an organization, it has far-reaching consequences both in financial terms and the overall performance efficiency. This single fact is responsible for making employee retention one of the biggest workplace challenges faced by organizations today. Most
Keeping Employees motivated during a recession – How Employee Recognition can help With the threat of an economic recession looming large, which will affect business organizations at large and their workforce the most, they face immense pressure due to insecurities
Employees today are no longer satisfied only with good pay packages and benefits, even though these are still considered to be the two most important aspects of career growth. In addition to these two key factors, employees today want to
Limited praise and recognition have been acknowledged as one of the biggest reasons behind the high employee turnover rates in most companies across the globe. Many organizations with a multi-cultural workforce still struggle to retain their best employees through rewards
The significance of employee appreciation and recognition in enhancing the satisfaction and motivation levels of the workforce has been well-established. However, many small and medium level business organizations still feel that setting up an employee rewards program is likely to
In today’s hyper-competitive business environment, organizations need to develop a highly efficient and motivated workforce to stay ahead. However, even the best performing employees may become inefficient or may choose to seek other employment opportunities over a period of time,
Integrating Employee Recognition with the Organization Culture Much has been said and written about the significant role played by employee recognition in enhancing the engagement and retention of a business workforce. In fact, many experts are of the opinion that
Why timely Employee Recognition is as important as the program itself? The fact, that the only thing constant in a business environment is change, is well acknowledged and accepted. While some changes might not actually prove beneficial for business growth,
Most business organizations today are aware of the importance of rewarding their employees to enhance their sense of satisfaction and loyalty. In addition to being a good HR practice, it helps in boosting the morale of employees and makes good
Motivating Blue Collar Employees – Using the Right Rewards and Recognition System When it comes to employee motivation and engagement, most companies focus their efforts primarily on appeasing the white-collar members of their workforce. This is due to the fact
Does Employee Rewards and Recognition make sense in a sales organization? This is perhaps one of the most confusing questions faced by managers responsible for handling a sales team. The fact that most sales-driven organizations have a well-developed compensation and
How to Reward and Recognize Customer Service Employees? Great customer experience is one of the key requirements for ensuring the success and growth of any business organization. In fact, it is not uncommon for individuals to shift their loyalties to
How to make Rewards and Recognition Programs work for Gen Z employees? Most organizations have just felt the satisfaction of figuring out the needs and expectations of the millennials present within their workforce. But they hardly have time to celebrate
Role of Top Management in Driving Employee Rewards and Recognition Every organization today is waging a war against its competitors to attract, hire and retain the best talent within their specific industry. Sadly, gaining momentary success in terms of hiring
Guide to Employee Recognition in a Start-up Environment The importance of keeping the employees motivated and engaged in any organization cannot be undermined. In start-up culture, this aspect gains even greater significance, especially in terms of employee recognition and rewards.
Low Budget Employee Recognition and Reward Ideas to Enhance Employee Motivation Seeking recognition and appreciation for their work is basic human nature and nowhere is this behavioral trait more evident than in professional work environments. In fact, employee recognition and
The answer to this question is a resounding NO! People had said similar things about the telephone, computers, the Internet and so on. But as social beings, we have still managed to figure out ways to keep personal interactions going,
The management of any organization where employee rewards and recognition program has been implemented will always keep asking whether the program is delivering benefits. The management would typically want to see some tangible benefits to justify the continued funding of
Recognition is an ancient tradition in all communities, dating thousands of years. Recognition at the workplace too goes back in history. Typically top driven, it represents the appreciation of performance or achievement of an individual or a group of individuals,
Employee rewards and recognition programs are typically launched with a great deal of fanfare within the organization. There is usually a prelaunch communication, a launch communication and post-launch follow-up communication by the HR and the leadership team. The communication generally
Employee rewards and recognition programs in organizations are generally launched with a great deal of fanfare with top-level executive involvement. These programs are envisioned to transform the organizational culture and are supposed to do wonders for employee motivation. The key
This is one dilemma that many line managers and HR Partners face; whether to reward an underperformer for a significant achievement, as part of the employee rewards and recognition program. In most cases, the Rewards and Recognition Policies might not
Employee rewards in modern day organizations have been evolving over the years – it has become more of an art than a science. Gone are those days where employees were happy receiving trophies and consumer durables. Organizations have tried everything
Rewards and Recognition is an integral part of every organization’s HR policy. What started off as the management’s expression of appreciation of a job well done has evolved quite a bit and acquired the overall flavor of an organization culture
To answer this question, let’s pose another question! What is employee engagement in the first place? Very broadly, employee engagement is the art and science of making employees feel good – about themselves, about the organization, about working in the
The short and sweet answer to this question is an absolute yes! Provided the desired behaviors that should be a part of the organizational culture are mapped correctly and rewards and recognition are used to reinforce them. Let’s take an
April 20, 2018: It’s the Judgement Day today in Sparrow Solutions today – the annual appraisal ratings will be released in the organization today. For most employees, it’s the day when their efforts throughout the year will be recognized and
With the increasing influence of social media in our lives, it has become imperative that corporates give more than lip service to peer recognition. The earliest form of peer-to-peer recognition is the ‘Thank You’ note that a colleague can pin
Mumbai, 3:30 pm, an ad agency office: In the large conference room, there is a party going on! Music, snacks, beverages, flowers, and a cake! Is it someone’s birthday today? No! It’s Smita’s wedding anniversary! So her team, HR and
Amit works for a leading multinational in Mumbai. He is a big running enthusiast. He runs races in different cities across India and the world. Recently, he successfully completed the Kenyan Ultra Marathon. He posted the pics on Facebook and
Employee rewards and recognition are still the work of the managers and HR in 90% of organizations much like compensation and benefits. It is yet another task, another chore, another line item in the to-do lists of managers and HR.
Chantelle Jones Head of Operations at Scede.io Introduction How is your employee referral program going? For a large number of companies, it’s a struggle. However, employee referral programs can be one of the most powerful weapons an internal recruitment or
The modern HR mission has shifted to focus on putting people first and employee engagement has become the yardstick of HR performance. The good news is disruptive HR technologies are redefining HR from recruitment to employee feedback—and finally making strides
Recognition is a key component of employee retention, but what are the fundamentals of a successful program? Alan Heyward, Executive Manager, accumulate, provides his insights Growing numbers of organizations are treating employee recognition as a key pillar of their corporate strategy, recognizing
New skills, Millennials and the gig economy are changing the way workers are paid By Stephen Miller, CEBSJun 13, 2016 The trend away from traditional full-time employment represents a massive shift in the workplace with profound implications, said Ravin Jesuthasan, managing
Employee recognition for the contributions they make to the organization is a good thing. But it’s a slippery slope that needs attention. By Inc. Staff Everyone likes to get a pat on the back for a job well done—especially if that pat includes
Employee recognition for the contributions they make to the organization is a good thing. But it’s a slippery slope that needs attention. July 15, 2017 By Dr. Paul White Building a vibrant workplace requires a foundation of trust, respect, and honest communication. It also
Seeking to increase employee motivation using rewards can sometimes be a daunting task for managers. But it shouldn’t be. When armed with the right information and the proper techniques, managers can be experts at enhancing motivation using rewards in no
Any employee who deals with customers on a regular basis has probably earned a ticket straight to Heaven. But you still have to reward them well now for all the thankless work they do. Customer-facing employees — your service reps,
Employee of the month- a term everyone knows about and everyone is striving to get at least once. After all, who does not like recognition? We all are fond of being praised and appreciated by others, didn’t we all worked
by Annamarie Mann and Nate Dvorak STORY HIGHLIGHTS Top performers need to know their efforts are recognized and valued Employee recognition isn’t one-size-fits-all Money isn’t the only, or even the top, form of recognition In today’s war for talent, organizations
“How can my people get so excited about guys hitting a ball with a wooden club and not care half as much about the phenomenal parts they are building for interplanetary rockets?” A senior officer of an aerospace company asked
Monetary rewards are not the answer to recognizing and encouraging success, and can actually undermine motivation. Extensive research backs this up. According to a study by the London School of Economics: “We find that financial incentives can result in a negative
Social Employee Recognition is now becoming a critical part of an organisation’s talent management strategy. It can impact every employee, every day, and revolve around all of your TM initiatives. ‘Employee recognition’ goes back to the early 1900s when Ford
Five statistics that suggest gamification is the future of the workplace, plus the psychological theory of why gamification works. What motivates employees at work? Recognition, rewards and a sense of competition are all strong motivators. Gamification works because it taps
Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years. This shift parallels a growing understanding of the importance of retaining top-performing employees and re-engineering employee recognition as a
47% better performance compared to others. 25-65% less turnover. 37% fewer absences. According to a recent Gallup poll, those are just a few of the benefits of excellent employee engagement. But while the benefits are clear, less than 50% of executives know how
Employee peer recognition is one of the most important building blocks in building a fantastic company culture. In most organisations, management oversees more employees and bigger departments. These managers often run the risk of constantly finding solutions to every problem,
Typically when candidates consider a job position, they compare the compensation and benefits packages of various employers. You don’t have to be a very large business to offer admirable rewards, as there are small innovations that can make a big
Is having a mobile app for rewards and recognition system really important? When you and your manager walk out of a meeting you can recognize his work personally right there but let us see an instance if the person you
Modern employee rewards and recognition programs are increasingly being reinvented to encompass not just traditional practices of compensating and thanking employees and are also venturing into newer pastures such as the emotional and physical well-being of people defined as “Total
Total rewards framework includes several employment factors like benefits, compensation and work-life facilities that can be strategically applied together to get the desired employee attraction, retention and motivation. Most employers around the globe see great value in integrating employee rewards
It is not unfair to say that if rewards or recognition offered to employees were altered, it would bring the corresponding transformation in productivity, work motivation and satisfaction. Rewards is a wide concept that is increasingly being re-defined to encompass
It is of utmost importance that organizations have an employee rewards program and they define the metrics for the same to achieve desirable outcomes. Rewards program not only acknowledge employees for their loyalty but also help in developing a climate
Motivated and satisfied employees are a very valuable asset to any organization. Rewards can create a much-needed impact, especially for companies facing issues related to employee job performance and satisfaction. Studies show that rewards influence an enhanced level of job
Numerous surveys from around the world have consistently shown that most employees want more than just paycheck for their jobs. They want to feel safe and appreciated for the work to do. A good employee rewards and recognition program must
Cash or non cash rewards…this has generated a lot of debate for the incentive program practitioners and their patrons. What is the value of tangible, non-monetary incentives as compared to hard cash? The immediate answer could be cash, but there
Some employers prefer to set their benefits and compensation at the competitive market average while others fix it at different percentiles above the given average. The benchmark is based on the general strategy of the company. There are many mature
The company offers compensation to its employees in return for the work they perform. There are some who believe that compensation and pay are one and the same thing but the fact is that compensation is much more than the
The company’s wealth lies in its people and channelizing their effort and performance can be quite challenging. It is a truism that incentive and rewards contribute superciliously in enhancing and harnessing the best from the employees. Fitting rewards, as well
Incorporating reward and recognition has become increasingly critical in current business environment. Employers need to design R&R programs that are adaptable to the pace of their growing business, as well as fine-tune to the ubiquitous economic climate. A superior reward
It is not very simple to comprehend what motivates employees in an organization to perform better. Work motivation is a blend of energy that comes from within as well as from beyond a person to initiate work. Motivation involves offering
The winner takes all! This is a common phenomenon in most organizations – the ‘A listers’ end up getting the fattest bonuses, heftiest pay hikes, fastest promotions and the meatiest roles. And the next level performers get virtually nothing (except
Employee rewards and recognition is one key areas in HR that remains a laggard when it comes to the adoption of modern processes and use of technology. Traditional rewards practices are not only cumbersome to administer, but they also do
Well, you might especially if you are a large technology company and you can spare a few tech resources for 6 months or so, you might be able to build your own in-house R&R tool complete with different award types
Today most companies are operating multi-location, multi-country business operations – with this comes the challenge of managing employee engagement across locations. Hence, rewards and recognition programs being a critical part of employee engagement need to be designed and rolled out
Take a look at these 5 scenarios 1. Tim gets the Star of the Month award for his ‘immense overall contribution’ to the business. 2. Each employee is handed a box of chocolates after completing their certification program. 3. Hari
For a really long time, it was believed that employees would really appreciate merchandize with company branding as rewards as these would actually help reinforce the company brand. So organizations would order truckloads of bags, coffee mugs, pens, T-shirts and
Gamification is the new buzzword that is doing the rounds of corporate corridors these days. Simply put, gamification is all about creating a game-like situation in a non-game environment, be it work, education or retail. The percentage of Gen Z
Many organizations are still trying to figure out how to incorporate social media in their HR policies. One such aspect is posting or allowing employees to post the awards they have received from the organization on their social media pages.
It is not just the big, blockbuster performances that make a difference to the organization but a myriad of small, behind-the-scene activities that can all add up to create significant business impact. Here’s a brief list of what such activities
Simply put, it is the practice of recognizing colleagues outside of one’s reporting/operating structure like recognizing some specific help on a work-related area provided by a colleague from a different team or a support/ enabling function. While such practice is
Non-monetary awards can work as well as monetary rewards provided they are part of a well-designed program that rewards employees for the desired behavior or performance. Better still if these rewards can accumulated over a period of time and redeemed
Frequent and timely appreciation from the supervisor might have a greater impact on employee motivation than even annual increments – according to a research study by a prominent HR consulting firm. Annual increments are supposed to aggregate employee performance over
Do you remember the last time when you got a Rs 5,000 cash award in your pay cheque? No? That will be the most likely answer unless you are one of those who scrutinizes the salary slip every month in
It is a misconception that reward programs need to be supported with heft budgets. It is the design and implementation of these programs that matter. For example, even a simple ‘Thank You’ or ‘Congrats’ card could be as effective as
Imagine your manager calls you to his room and hands you a certificate and some goodies. He tells you – “You are the performer of the month! And this is your reward, but please keep this completely hush hush.” Funny,
Here’s some findings from an independent study: 35% of employees are not satisfied with their current employee rewards programs 75% of employees say that they don’t get enough options for rewards 53% of employees do not find their current programs
Haven’t we heard that before? Many organizations are still rooted in archaic practices of giving engraved pens, trophies and other such mementos to employees. Going back to my earlier post about freedom of choice, employees would be much happier if
Important personal milestones in the employees’ lives such as birthdays, weddings, anniversaries,etc. offer a good opportunity for reward/ gifting intervention on the part of the organization. As these events mean a lot to the employee, remembering, wishing and gifting the
Imagine two scenarios – one, you get an Rs.1000 cash award credited to your salary (after tax); two, you get a Rs 1000 worth of goodies as an award. Which one are you likely to remember more? The goodies obviously!
Festival gifting to employees is a big event for organizations. Given the importance of these festivals in India, it is a good opportunity to appreciate employees and to reach out to their families. Traditionally gift hampers or dinnerware have been
HR teams across organizations end up spending a lot of time on deciding the ‘right’ reward items. There are a few usual suspects – iPods, Shopper’s Stop, Lifestyle or Landmark vouchers, laptop backpacks or high-end pens, depending on the budget
Organizations often initiate various rewards and gifting programs with a great deal of excitement and fanfare. These could be like celebrating employee birthdays, service anniversaries or simply spot awards. The programs get the necessary executive and budgetary approvals and are