Employee retention strategies are more important than ever – especially for companies in the healthcare, technology, and retail industries seeking to reduce employee turnover during the Great Resignation. According to research recently published in the Harvard Business Review (HBR), resignation rates between 2020 and 2021 were highest among mid-career employees in the 30-45 age group. … Read more
Like conferences, trade shows, and other traditionally in-person events, many annual meetings have been postponed, cancelled, or converted into virtual events in 2021. Tech businesses in North Carolina, manufacturers in Minnesota, and companies of all types everywhere are contending with limits on unnecessary travel and stay-at-home orders as they seek to reinforce organizational culture by … Read more
Referral program rewards are an important consideration for companies focused on reducing customer or talent acquisition costs. Nielsen’s Global Trust in Advertising study found that 83% of respondents trust recommendations from people they know and there is ample evidence of successful referral programs from PayPal and Dropbox famously gobbling up market share in their early … Read more
A company apparel store for employees is a customizable website that makes it easy for your company’s distributed workforce to order apparel and accessories branded with your company’s logo. Your storefront can be locked to only allow entry if a password is entered, ensuring that only the right users (your hardworking employees) are able to … Read more
Incentive gifts for employees – especially sales and customer support team members whose emotional labor is crucial to your company’s continued success – are one of the most effective and inexpensive extrinsic motivators available to small and large companies alike. Tangible rewards like gift cards, electronics and apparel are used in performance-based reward programs by … Read more
Working from home (WFH) has been a growing trend for well over a decade. Forbes reported a Global Workplace Analytics graphic in January 2020 that indicated 159% growth in remote work over the previous 12 years. According to the 2019 National Compensation Survey by the Bureau of Labor Statistics, only 7% of civilian workers – … Read more
Due to the COVID19 outbreak, remote work is on the uprise. It’s important to stick with your workers during this tumultuous time and what better way to do that then to provide them with helpful products to ease the transition into working from home. We decided to compile a list of products that we think … Read more
Business owners can use incentive programs, rewards, changes in the work environment and company policy changes to improve the motivation and morale among workers. Incentive programs can include company outings and parties, bonuses, gifts and awards for recognition. Additional methods for employee motivation include training programs and employee improvement teams. Assessments Monitoring employee motivation allows … Read more