How do you keep your employees motivated and show recognition especially when on a tight budget? Handing out raises and bonuses is one method, but what do you do if you can’t afford monetary rewards? Find ideas and insight into rewarding your team and star employees with incentives, gift and reward programs and other creative ideas. You’ll also find ideas for company outings and motivators.
A happy workforce has the potential to be more productive, invested and efficient, therefore also improving the business as a whole. Fortunately there are many ways you can improve staff happiness implementing both small and larger changes. It’s possible to boost morale in just a matter of hours.
Your employees know that they are important to your business, right? If you are wrong, though, it could cause your staff to lose enthusiasm and even loyalty towards the company. Fortunately, there are dozens of ways to award your employees for a job well done, and this guide will point you to them.
Attracting, hiring and retaining multigenerational employees requires effort and planning to address the work styles of each generation. Use these techniques to prevent loss of intellectual capital, and avoid rehiring and retraining costs.
One of the worst things about on-the-job boredom and fatigue is that your best workers are those most likely to experience it. Don’t risk losing your star employees to burnout. Turn things around before it is too late.
Do you have a reward program in place for project teams? If not, here are some great ideas to get you started. They’re simple, effective, and can be a lot of fun to put together. Here find not one but 30, yes 30 ideas all will appreciate!
Profit sharing is a type of a variable pay plan where the company designates a part of its profits to the employees. Profit sharing agreements makes explicit the formula for allocating and distributing profits, the nature of the payout, and the periods of calculation and disbursal.
How do you relate work performance with the right incentives? How do you distribute incentives across different job positions? The answer to these questions lies in creating a checklist for employee incentives. Read on to find out how.
Is there any real value to increasing an employee’s base wages based on performance? Is it necessary to offer more money in today’s workforce to guarantee quality employees? Here, Jean Scheid takes a look at why merit raises may be the best option.
When it’s time to offer a raise to an employee or honor their request for a salary increase, it can be hard to come up with the right phrases and terminology. Here, HR expert Jean Scheid offers up two sample salary increase letters you can use for either circumstance.
Looking for some ideas to help improve employee morale and reduce turnover at work? Then check out this top ten list of easy-to-implement, fun employee recognition ideas!