A recent HiFives study of 250+ HR practitioners revealed some powerful insights about employee rewards and recognition and their impact on engagement. The study reinforces that engagement thrives on human-centric practices: genuine appreciation, meaningful work, fairness, and good leadership.

A head-to-head comparison of HiFives and Xoxoday Empuls Employee Rewards and Recognition Platforms

Embedding recognition into every manager’s KRA ensures accountability, fairness, and culture alignment.

Learn more about the best employee rewards & recognition platforms for enterprises including HiFives and others

All said and done, recognition plays an integral part in employee engagement no matter how it is executed.
At the end of the day, employees feeling happy is what matters most whether is a pat on the back, or a trip to the Bahamas!

Most experts consider employee engagement to be one of the most critical contributing factors for ensuring sustained business growth and building competitive advantage.

Organizations should drive business productivity and quality through employee engagement to maximize their business growth and profitability.

Implementing these employee engagement strategies can go a long way in boosting workforce morale and making them feel valued by their employers, resulting in better retention and countering this trend of ‘Great Resignation’.

Integrating employee recognition with organizational culture can provide a major competitive advantage to organizations. It can help them build a motivated and committed workforce that can drive business growth, and also enable them to attract and retain top talent.

Organizations can benefit greatly by considering this guide for building workplace culture in virtual environments for enhancing their profitability and business success.

Organizational culture can deeply influence critical business metrics such as productivity, employee engagement and commitment.
That is why it is important for organizations to work towards developing a great organizational culture.

Organizations need to ensure that avoid the pitfalls of a toxic work culture that is detrimental to the growth and profitability of the business.

In the near future, organizations would take a big data approach to performance appraisals.
It would increase efficiency, reduce bias and the cycle time

If managed properly, peer feedback can result in improved employee performance, better goal setting, more accurate training gap identification and successful career planning for the employees and organization.

Developing an efficient performance management process can help startups set clear goals, build greater commitment and higher levels of performance from employees.

While most managers find it easy to offer positive feedback to the employees, they often feel extremely stressed and quite ill-at-ease while providing negative feedback to employees.

Organizations today need to take proactive measures to reinvent DIEB. This is essential for creating a more equitable and inclusive work environment where employees feel safe, empowered, and motivated to drive business growth and success.

A well-developed, successfully launched, and efficiently managed employee referral program can help organizations hire potential candidates faster and a lower cost.

It is clear that workplace health and wellness programs have received considerable attention post-covid, but an underlying question persists - is it a passing trend, or is it here to stay?

Building a diverse and multicultural workforce can provide organizations with greater business growth and competitive advantages.