Remove retail-rewards-and-recognition
article thumbnail

Inclusive employee rewards for all generations

Employee Benefits

While connection and relationships are essential, employers must also recognise the differences between generational needs, ensuring their employee rewards and recognition strategy is inclusive. Today, we’re focusing on how to make employee rewards schemes inclusive of different generational interests and needs. Click here.

Retail 93
article thumbnail

Best Employee Recognition & Rewards Software and Platforms

Employee Benefit News

Optimize Employee Engagement: Explore our top 15 recognition & rewards solutions for seamless workplace motivation. Uncover the best program across IT, eCommerce, retail, and more. Elevate your team today!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Address High Turnover With Retail Employees

Achievers

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. When you add it all up, retail employee turnover is incredibly expensive. . 5 strategies for retaining retail employees . Focus on fit during hiring .

Retail 125
article thumbnail

Why Employee Recognition is Important and Key Benefits

Achievers

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. Let’s look at some of the biggest ways employee recognition can impact your business. The importance of employee recognition.

article thumbnail

Central Co-op rolls out mental, physical and emotional wellbeing campaign

Employee Benefits

Retailer Central Co-op has rolled out a campaign dedicated to prioritising the mental , physical and emotional wellbeing of its employees. The campaign aims to offer accessible and comprehensive support tailored to diverse needs, address workplace challenges and recognise that life extends beyond the workplace.

Retail 64
article thumbnail

Frank Creighton: Solving employee value challenge is key to improving UK productivity

Employee Benefits

But with millions of employees still feeling undervalued at work, reward and recognition offers a cost-effective way to motivate teams to bridge that gap. But following our publication, many businesses adopted or reviewed their engagement, reward and recognition strategies to show their workforces their efforts mattered.

Retail 98
article thumbnail

The Importance of Employee Recognition: With Statistics and Examples

Vantage Circle

We all know that employee recognition is all about appreciating and rewarding the hard work and achievements of your employees. But do you know why is employee recognition important? Employee Recognition serves as a fundamental cornerstone for organizational success. Key Takeaways What is Employee Recognition ?