Remove non-monetary-employee-recognition
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5 ways to attract and retain (without increasing base pay)

Achievers

In the 7th annual Engagement and Retention Report from Achievers Workforce Institute, the number one reason employees gave for job hunting in 2024 is better compensation. With cost of living and inflation increases making waves across the world, it’s not surprising that we’re seeing that impact employee expectations.

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The future of employee recognition: Are annual awards enough?

Achievers

Annual employee awards may seem like somewhat of a relic compared to the in-the-moment, frequent recognition we often talk about, but do they still have a place in today’s recognition and rewards program mix? of their employees. of their employees.

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Employee reward systems: A practical guide

Achievers

Every organization rewards its employees in some way, whether it’s simply through the salary and benefits they receive or the occasional awards ceremony celebrating an anniversary or other milestone. That requires incorporating rewards into every part of the employee experience, from business development to wellness initiatives.

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Give the people what they want: Personalized rewards to motivate employees

Achievers

Effective rewards are more than just token gestures; they are the fuel that ignites passion and dedication among employees. Every employee wants to feel known as an individual, and the right rewards help get them closer to that illusive feeling. Why do employee rewards matter? What is the most effective type of employee reward?

Bonuses 181
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Reward Gateway acquires Fond

Employee Benefits

Reward Gateway, a global HR technology and employee engagement company, announced their acquisition of Fond, a leading U.S. provider of employee recognition, rewards and perks. rewards and recognition platform that helps companies build a happier workforce with an easy-to-use, simplified solution. Fond is a U.S.

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Why Employee Recognition is Important and Key Benefits

Achievers

Employees are struggling with burnout, disconnection, and low morale more than ever before. But there’s a clear solution: recognition. Recognition is the number one ask from employees in this new normal. The vast majority — 82% — wish that they received more recognition. The importance of employee recognition.

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How to Build an Employee Recognition Program

Achievers

Many companies think they are already doing a good job of thanking and recognizing their employees. However, a recent HBR study found that employees reported they had not felt recognized for an average of 50 days. Unfortunately, only 19 percent of employees considered themselves “very engaged.”. Types of recognition.