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Why being a best place to work is good for business

Insperity

Overtime, your company can gain recognition from customers, competitors and the community. Take care of your employees. Fair pay and employee recognition is one key aspect. Overtime, that can shine quite the spotlight on your company. Publicity in the media and community.

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5 Long Service Awards Trends to Watch for in 2024

Empuls

Before we delve into what's making waves in the world of years of service awards, let's glance at some eye-opening statistics that underscore the importance of workplace recognition. Mckinsey says, 55% of employee engagement is fueled by non-financial recognition, the top factor influencing employee experience and retention.

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10 Eye-opening Employee Retention Statistics You Should Take Note Of

Vantage Circle

3) 79% of employees wouldn’t accept a job at a company with a higher salary unless the company failed to take actions against employees involved in unethical behaviour. Last year saw a rise in cases of sexual harassment faced by women in their workplaces (corporates, media, entertainment). Source- The Manifest ).

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What are Total Rewards: Here’s A Holistic View

Empuls

Overtime wage. Overtime wage – If you’ve worked beyond your contracted hours, you could ask for overtime pay. In an age of social media, companies that see their business accelerate usually fuel their employees with regular doses of appreciation and social shout-outs. Variable pay. Supplementary pay.

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Overcoming seasonal impacts on employee motivation

Insperity

Whether it’s the holiday hoopla at the end of the year, flu season at the start or summer vacation’s siren call in the middle, individual performance and the overall mood can suffer from the seasonal impacts on employee motivation. The good news is simple employee recognition can reignite enthusiasm and remind employees that you care.

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Extrinsic Motivation: All You Need To Know

Vantage Circle

Workers in a factory are working overtime to get more bonus. Employee working on a tedious project for the most-awaited promotion. • An employer praising his employee for good performance. • An employee is completing a project on time for the performance hike. Ways To Give Extrinsic Rewards to Boost Employee Motivation.