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Top Six Employee Recognition Trends of 2024

Vantage Circle

Gamification can pe utilized in different ways, for eg. Utilizing data on employee performance and preferences is revolutionizing recognition programs by making them more personalized and impactful. But in 2024, a basic "bonus" or a generic "good job" won't be enough.

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How To Effectively Harness Behavioral Economics To Drive Employee Performance And Engagement?

Empuls

A study found that nearly one-third of employees leave their jobs within a month of their promotion, highlighting that financial compensation isn't everything. Unsurprisingly, many organizations face this situation: their carefully crafted bonuses fail to motivate the employees.

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article thumbnail

Top Six Employee Recognition Trends of 2024

Vantage Circle

Gamification can pe utilized in different ways, for eg. Utilizing data on employee performance and preferences is revolutionizing recognition programs by making them more personalized and impactful. But in 2024, a basic "bonus" or a generic "good job" won't be enough.

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What are total rewards? Building an amazing total rewards package

Achievers

Total rewards doesn’t just pertain to financial compensation ? Financial compensation. Financial compensation isn’t the be-all and end-all of incentivizing employees, but it’s still a key part of an organization’s total rewards offerings. Think of it as the foundation for an effective total rewards strategy.