Article
What is employee recognition? Employee recognition is the timely, informal or formal acknowledgement of a person’s behaviour, effort, or business result that supports the organization’s goals and values, and exceeds his superior’s normal expectations. What is the connection between recognition and turnover? BI WORLDWIDE (BIW) conducted a study on the correlation between employee turnover among employees who are […]
Article
EVP is the way in which an employee experiences everything about what they have going on with their coworkers, team, boss, leader, and their organization. Those decisions regarding the value proposition are made moment to moment. These moment-to-moment experiences build over time into this cumulative thing called the EVP. Your EVP is also important for […]
Article
What kind of reward is most effective? Do certain rewards work harder and last longer than others? Can a reward motivate or inspire employees to become their very best? The answer is YES. A study by WorldatWork indicated retail gift cards continue to be a popular choice for organizations that use them as employee recognition awards, years […]
Article
If you asked your employees to share three things you do as an organization to inspire them, what would they say? Inspiration is what moves us beyond the mundane toward the extraordinary. Academicians Todd Thrash and Andrew Elliot developed an Inspiration Index1 and found that inspired people: – We’re more creative – Believed in their own abilities – Had higher self-esteem – […]
Article
Employee recognition programs are an essential part of delivering quality experiences for your customers – whether it be peer-to-peer or manager discretionary recognition with points. We know that those who are frequently recognized are more committed and work more intensely and deliver better service. In a study of over 23,000 employees, BIW found that a […]
Article
A study by Equifax Workforce Solutions showed that 40% of turnover occurs within the first six months of an employee’s job experience. With a talent-mobile workforce, employees have a wider range of potential employers to evaluate than ever before. The Challenge A critical issue that organizations face is how to attract and retain employees. Companies must anticipate […]
Article
Building a positive and energized workforce takes more than participation in a company recognition program. It takes attitude and action to support the initiative. Here are 24 fast and fun ideas leaders can use to give employees the recognition they deserve: Learn more about our employee recognition program. Ready to get started? Talk to an […]
Article
What is World Gratitude Day? Celebrate World Gratitude Day on September 21st to foster appreciation, positivity, and connection. Originating in 1965 by Sri Chinmoy, this day can significantly boost employees’ mental and physical health, team morale, and overall organizational success. Why is gratitude impactful? It’s not just about recognition; expressing gratitude at work leads to […]
Article
Employee recognition is critical to any organization’s success, helping drive retention, productivity and performance. In fact, employees whose accomplishments are recognized are 2.5 times more likely to be committed to their organization. To help organizations amplify effective, differentiated employee recognition and reward experiences, BIW is bringing advanced AI capabilities to employees’ fingertips. By collaborating with IBM to integrate […]
Article
I have a deck of quote cards at my desk and part of my routine is to change out the quote at the start of every week. Some of them are obscure, but some resonate. As fate would have it, I came across this one while working with a healthcare client on an employee value proposition (EVP), with […]