Article
Recognizing the significant impact peer-to-peer recognition has in building strong team dynamics, boosting morale, and enhancing overall job satisfaction, this comprehensive guide explores the fundamentals. Read on as we delve into its pivotal role in the workplace, and provide practical insights on how to encourage and implement effective peer-to-peer recognition programs: What is peer-to-peer recognition? Peer-to-peer recognition is not […]
Insights Lab
A few of these include: Memorability: Recipients are more likely to remember the trip or big screen tv they received than cash, which can get folded into the daily budget and used for buying gas or groceries. Reconsumption: Recipients re-live the positive emotions associated with earning the award each time they use it or talk […]
Insights Lab
In today’s competitive job market, recognizing your employees’ efforts isn’t just a nice-to-have – it’s a necessity. Traditional employee recognition programs include manager discretionary and peer-to-peer recognitions. But there’s a game changer you might be missing – peer-to-peer recognition with points that can be used for experiences, merchandise and learning opportunities. Incorporating tangible rewards into peer-to-peer recognition can transform your workplace […]
Insights Lab
An effective employee recognition program relies on active participation from both employees and leaders. But how can a company ensure participation? Recognizing people early in their tenure is a proven strategy to boost employee engagement. Early recognition can have a major impact on employees. BI WORLDWIDE’s Insights Lab analyzed over 500,000 employees who received at least one recognition […]
Article
What is staff turnover rate? Staff turnover rate, also known as employee turnover rate or employment turnover rate, measures how frequently employees leave and are replaced within a company. Turnover can be categorized into two main types of departures. Why turnover matters High turnover rates can be costly and disruptive. They lead to increased recruitment […]
Article
How often are your diversity and inclusion leaders talking to your recognition and rewards team? Probably not enough. When it comes to building an inclusive culture, it needs to be part of the way employees experience working for your company on a daily basis. They need to feel like they belong and can be themselves. […]
Article
Download the full report. Foreword When it comes to engaging and inspiring employees, BI WORLDWIDE believes in a good and useful future where companies make the right investments that bring about increased employee commitment, effort and inspiration. Following Asimov’s line of thinking, BIW’s annual research study explored various trends in the workplace. We dove into […]
Article
We’ve all heard the line, “A company’s greatest asset is its people.” We’ve probably all said it at one time or another, too. But the truth is, companies can have vastly different strategies when it comes to actually responding to it. If you view employees as your company’s greatest asset, then your relationship with them needs to […]
Article
Beyond the inherent engagement that gamification and performance-based recognition bring to your organization’s programs, one major advantage of using gamification is the incredible amount of data that can be generated naturally within the program. User behaviours, such as how they engage with your program, what they are learning, their achievements, their preferred methods of communication […]
Case Study
A global tech company sought to improve employee recognition and create a consistent strategy across the organization. We helped them implement a unified recognition program, inspiring over 380,000 employees in more than 100 countries. Discover how this approach boosted engagement, retention, and happiness in our case study.