According to Glassdoor’s 2015 Employment Confidence Survey, about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise.
So read on to know the top perks offered…………….
See how an answering service will maintain customer care with Answering Service Care and change your business. Source: http://www.answeringservicecare.net. Information shared above is the personal opinion of the author and not affiliated with the website.
Employee Rewards Programs: The Formula for Successful RewardsTom Daly
Matt Lundy is co-owner of Rewarding Events & Incentives (REI), a full service incentive agency specializing in the creation and fulfillment of programs to motivate and reward employees, customers and distribution channels. for achieving specific goals. Rewarding Events & Incentives was recently announced as one of nine SBA award winners in Louisiana for 2009 .
A graduate of St. John’s University in NY, Mr. Lundy is very active in the local business community, serving on the Boards of both the Jefferson and River Region Chambers of Commerce, and is a member of HRMA New Orleans, the Louisiana Technology Council (LTC), the St. Charles Business Association and Entrepreneur’s Organization (EO).
The presentation will cover how you build a budget, common mistakes and how to avoid them, selecting the right reward option for your program and more.
10 Tried-and-True Tips for Effective Employee Recognitionshare.docxhyacinthshackley2629
10 Tried-and-True Tips for Effective Employee Recognition
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inShare
by Richelle Taylor, Aimia | June 15, 2014
It’s been widely proven that employee recognition programs can positively impact a company’s retention, culture, and productivity. However, what starts out as a well-intentioned initiative can quickly fizzle when not designed and implemented effectively, leaving HR leadership scratching their heads and wondering why the program didn’t work.
Here are 10 tips to keep your employee recognition program moving on the right track towards achieving maximum results:
1. Plan With a Solid Strategy
Even a simple recognition program needs a real strategy, including clearly defined metrics that align with the company’s overarching aspirations. When employees understand how their performance directly affects your organization’s mission, they see that everyone is on the same team, working toward something bigger than themselves. As an HR leader, your recognition efforts will yield positive results and, in turn, your employees will understand how their roles have meaning within the larger company.
2. Communicate Clearly and Often
Many companies make the mistake of generating excitement about their new recognition program, but then forget how important it is to continually remind employees about the program, its benefits, and how it fits with the company’s overall mission. In addition, program rules must be clearly communicated to all participants and stakeholders; nothing is more frustrating than a program with confusing goals or unattainable awards. Communication must also be aligned to your audience, so that your messaging is appropriate to different targets -- whether it’s senior leadership, management or front-line employees.
3. Deliver On-the-Spot Rewards
It’s one thing to offer incentives for employees to reach goals, but long-delayed rewards can have a negative effect. Making someone wait until the end of the year for a service-anniversary award, for instance, will just irritate employees. Instead, consider offering on-the-spot rewards -- whether it’s a gift certificate or a simple act of public recognition -- to catch people when they are doing something great or deserve a pat on the back.
4. Entice With Relevant Rewards
Don’t waste your investment on rewards that aren’t meaningful to employees. Instead, find out what they really want and would appreciate. For instance, your Millennial new hire in San Francisco probably has different tastes than your seasoned, Baby Boomer employee in Chicago.
Home / Strategy / EngagementEngagement
10 Tried-and-True Tips for Effective Employee Recognition
share
inShare
by Richelle Taylor, Aimia | June 15, 2014
It’s been widely proven that employee recognition programs can positively impact a company’s retention, culture, and productivity. However, what starts out as a well-intentioned initiative can quickly fizzle when not designed and implemented effectively, leaving HR leadership scratching.
See how an answering service will maintain customer care with Answering Service Care and change your business. Source: http://www.answeringservicecare.net. Information shared above is the personal opinion of the author and not affiliated with the website.
Employee Rewards Programs: The Formula for Successful RewardsTom Daly
Matt Lundy is co-owner of Rewarding Events & Incentives (REI), a full service incentive agency specializing in the creation and fulfillment of programs to motivate and reward employees, customers and distribution channels. for achieving specific goals. Rewarding Events & Incentives was recently announced as one of nine SBA award winners in Louisiana for 2009 .
A graduate of St. John’s University in NY, Mr. Lundy is very active in the local business community, serving on the Boards of both the Jefferson and River Region Chambers of Commerce, and is a member of HRMA New Orleans, the Louisiana Technology Council (LTC), the St. Charles Business Association and Entrepreneur’s Organization (EO).
The presentation will cover how you build a budget, common mistakes and how to avoid them, selecting the right reward option for your program and more.
10 Tried-and-True Tips for Effective Employee Recognitionshare.docxhyacinthshackley2629
10 Tried-and-True Tips for Effective Employee Recognition
share
inShare
by Richelle Taylor, Aimia | June 15, 2014
It’s been widely proven that employee recognition programs can positively impact a company’s retention, culture, and productivity. However, what starts out as a well-intentioned initiative can quickly fizzle when not designed and implemented effectively, leaving HR leadership scratching their heads and wondering why the program didn’t work.
Here are 10 tips to keep your employee recognition program moving on the right track towards achieving maximum results:
1. Plan With a Solid Strategy
Even a simple recognition program needs a real strategy, including clearly defined metrics that align with the company’s overarching aspirations. When employees understand how their performance directly affects your organization’s mission, they see that everyone is on the same team, working toward something bigger than themselves. As an HR leader, your recognition efforts will yield positive results and, in turn, your employees will understand how their roles have meaning within the larger company.
2. Communicate Clearly and Often
Many companies make the mistake of generating excitement about their new recognition program, but then forget how important it is to continually remind employees about the program, its benefits, and how it fits with the company’s overall mission. In addition, program rules must be clearly communicated to all participants and stakeholders; nothing is more frustrating than a program with confusing goals or unattainable awards. Communication must also be aligned to your audience, so that your messaging is appropriate to different targets -- whether it’s senior leadership, management or front-line employees.
3. Deliver On-the-Spot Rewards
It’s one thing to offer incentives for employees to reach goals, but long-delayed rewards can have a negative effect. Making someone wait until the end of the year for a service-anniversary award, for instance, will just irritate employees. Instead, consider offering on-the-spot rewards -- whether it’s a gift certificate or a simple act of public recognition -- to catch people when they are doing something great or deserve a pat on the back.
4. Entice With Relevant Rewards
Don’t waste your investment on rewards that aren’t meaningful to employees. Instead, find out what they really want and would appreciate. For instance, your Millennial new hire in San Francisco probably has different tastes than your seasoned, Baby Boomer employee in Chicago.
Home / Strategy / EngagementEngagement
10 Tried-and-True Tips for Effective Employee Recognition
share
inShare
by Richelle Taylor, Aimia | June 15, 2014
It’s been widely proven that employee recognition programs can positively impact a company’s retention, culture, and productivity. However, what starts out as a well-intentioned initiative can quickly fizzle when not designed and implemented effectively, leaving HR leadership scratching.
5 Unique Call Center Incentives to Maximize Productivity.pdfTime Doctor
Employees working in call centers have the opportunity to work with customers to create pleasant experiences. While the work can be complex, the effects of delivering an exceptional experience to customers are worth it. This document covers five ideas to provide incentives that will boost productivity and maintain morale.
Original blog: https://biz30.timedoctor.com/call-center-incentives/
Creative ways to show employee appreciationLisa Baird
So, how do you show your employees that they're valuable to the company? Business News Daily asked business owners and experts for their best tips. Advice ranged from rewarding employees with small gifts and throwing fun group outings to giving employees more responsibility and letting them in on company decisions.
Not sure where to begin or how to launch your incentive program?
Download the FREE 2014 Recognition and Incentive
Campaign Planning Guide for tips and ideas on what types of
programs could be right for your business and what time of year to consider implementing.
No matter the type of business, type of program, or time of year, the 2014 Planning Guide can help you get started today!
The Future of Employee Benefits: Trends to Retain and Attract Top TalentAggregage
https://www.compandbenefitstoday.com/frs/23182614/the-future-of-employee-benefits--trends-to-retain-and-attract-top-talent/email
The employee benefits landscape has changed significantly since the pandemic. As a result, benefits products and services have evolved and will continue to do so. Employee preferences are also evolving. How do you find the balance between equity, diversity, alignment, and affordable benefits? The key to employee retention and attraction in this new era is a holistic approach to your total rewards strategy.
Join Sharell Thomas-Hodge, total rewards director and consultant, for this engaging and informative conversation.
Learning objectives:
• Examine the latest benefits trends and innovations
• Review what best practice actually looks like and how your organization can achieve it
• Explore cost-effective options that provide competitive benefits that will retain and attract talent
7 ways to get more value from your precious customer insightMartin Wright
How often have you seen expensive research gathering dust; wasted and ignore? Insights capable of helping a company become fitter, more popular and richer crowded out by today’s urgent demands?
In this multi-channel, fast moving and competitive world understanding customers better has never been more important.
Here are seven things we do that help companies fully exploit the value locked in this rich resource. Some are simple, others require effort; all provide great value for money.
22 ways to improve productivity in the workplaceClear Books plc
The onus is no longer just on employees to keep their productivity levels high. Employers also have a responsibility to make sure that employees are given an inspiring, flexible and motivating place in which to work. Making just a few tweaks in the way you maintain your workplace can significantly increase employee productivity.
The Magic Word for Business Growth - One4all Report 2019Sam Wheway
In this report, we use a survey of 1,253 UK workers and consumers to measure just how much of an impact a simple ‘thank you’ can have on the things that are crucial to business success – from staff motivation to attracting new customers.
Employee Retention Strategies to Survive the Great ResignationKashish Trivedi
Onboarding reflects what your company is and ultimately leaves the first impression on new employees. A report indicates a 2.6 times increase in job satisfaction among new employees when they have a positive onboarding experience.
You can rely on learning management tools that streamline difficult or time-consuming procedures for companies to hire new employees. Leveraging a comprehensive learning platform allows you to create personalized onboarding experiences for new employees.
Extra steps need to be taken to make sure employees joining remotely feel integrated into their team. To achieve this, you could implement a virtual onboarding program that may utilize internal bots to help facilitate a more seamless connection within your team. Check for chatbot pricing and integrate an employee engagement bot within your onboarding activities to encourage icebreaker conversations.
Every business owner starts a business to make profits. "Are there ways to accelerate it?" is a common question founders have asked me.
The answer is Yes, there are. Precisely, that's what we are going to talk in this video. This is a recording of the webinar dated 28 Sep 2018
The secrets to avoiding penalties and fines - Perspectives of HR & FinanceAkash Mahagaonkar V
This is the presentation of 2nd Mini Conference as a part of Relativity's Knowledge Series program at Coimbatore & Bangalore. We introduced "Learning Via Gamification" via this program and was a great success. Participants learn real & live scenarios & nuances of compliance.
5 Unique Call Center Incentives to Maximize Productivity.pdfTime Doctor
Employees working in call centers have the opportunity to work with customers to create pleasant experiences. While the work can be complex, the effects of delivering an exceptional experience to customers are worth it. This document covers five ideas to provide incentives that will boost productivity and maintain morale.
Original blog: https://biz30.timedoctor.com/call-center-incentives/
Creative ways to show employee appreciationLisa Baird
So, how do you show your employees that they're valuable to the company? Business News Daily asked business owners and experts for their best tips. Advice ranged from rewarding employees with small gifts and throwing fun group outings to giving employees more responsibility and letting them in on company decisions.
Not sure where to begin or how to launch your incentive program?
Download the FREE 2014 Recognition and Incentive
Campaign Planning Guide for tips and ideas on what types of
programs could be right for your business and what time of year to consider implementing.
No matter the type of business, type of program, or time of year, the 2014 Planning Guide can help you get started today!
The Future of Employee Benefits: Trends to Retain and Attract Top TalentAggregage
https://www.compandbenefitstoday.com/frs/23182614/the-future-of-employee-benefits--trends-to-retain-and-attract-top-talent/email
The employee benefits landscape has changed significantly since the pandemic. As a result, benefits products and services have evolved and will continue to do so. Employee preferences are also evolving. How do you find the balance between equity, diversity, alignment, and affordable benefits? The key to employee retention and attraction in this new era is a holistic approach to your total rewards strategy.
Join Sharell Thomas-Hodge, total rewards director and consultant, for this engaging and informative conversation.
Learning objectives:
• Examine the latest benefits trends and innovations
• Review what best practice actually looks like and how your organization can achieve it
• Explore cost-effective options that provide competitive benefits that will retain and attract talent
7 ways to get more value from your precious customer insightMartin Wright
How often have you seen expensive research gathering dust; wasted and ignore? Insights capable of helping a company become fitter, more popular and richer crowded out by today’s urgent demands?
In this multi-channel, fast moving and competitive world understanding customers better has never been more important.
Here are seven things we do that help companies fully exploit the value locked in this rich resource. Some are simple, others require effort; all provide great value for money.
22 ways to improve productivity in the workplaceClear Books plc
The onus is no longer just on employees to keep their productivity levels high. Employers also have a responsibility to make sure that employees are given an inspiring, flexible and motivating place in which to work. Making just a few tweaks in the way you maintain your workplace can significantly increase employee productivity.
The Magic Word for Business Growth - One4all Report 2019Sam Wheway
In this report, we use a survey of 1,253 UK workers and consumers to measure just how much of an impact a simple ‘thank you’ can have on the things that are crucial to business success – from staff motivation to attracting new customers.
Employee Retention Strategies to Survive the Great ResignationKashish Trivedi
Onboarding reflects what your company is and ultimately leaves the first impression on new employees. A report indicates a 2.6 times increase in job satisfaction among new employees when they have a positive onboarding experience.
You can rely on learning management tools that streamline difficult or time-consuming procedures for companies to hire new employees. Leveraging a comprehensive learning platform allows you to create personalized onboarding experiences for new employees.
Extra steps need to be taken to make sure employees joining remotely feel integrated into their team. To achieve this, you could implement a virtual onboarding program that may utilize internal bots to help facilitate a more seamless connection within your team. Check for chatbot pricing and integrate an employee engagement bot within your onboarding activities to encourage icebreaker conversations.
Every business owner starts a business to make profits. "Are there ways to accelerate it?" is a common question founders have asked me.
The answer is Yes, there are. Precisely, that's what we are going to talk in this video. This is a recording of the webinar dated 28 Sep 2018
The secrets to avoiding penalties and fines - Perspectives of HR & FinanceAkash Mahagaonkar V
This is the presentation of 2nd Mini Conference as a part of Relativity's Knowledge Series program at Coimbatore & Bangalore. We introduced "Learning Via Gamification" via this program and was a great success. Participants learn real & live scenarios & nuances of compliance.
As a part of the development of the HR Community, we regularly organize seminars / workshops / panel discussions with latest updates in the respective fields. One such panel discussion is happening tomorrow @ The Residency on “Creating Secure Work places for Women” between 3pm to 6pm. The panel discussion will focus on the latest amendments, changes, action plan to be followed w.r.t the Vishaka guidelines, later known as The Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013.
Imposition of Penal Interest u/s 220(2) by TRACES - How to avoid it ?Akash Mahagaonkar V
We are quite aware of the fact that each of us have been receiving quite a lot of communications from TRACES [ the TDS Processing Cell ] on Justification reports, Intimations, Demands, etc. Many of us have also been receiving Hard-Copy Letters to this effect from TRACES.
One may sometimes wonder why such a huge amount of flow of Information ! It does make us a lot uncomfortable & we would want it to be sorted out as soon as possible.
One such email TRACES sent out on 21st of February talks about imposition of Penal Interest u/s 220(2) if actions are not taken by the Deductors ( Employers / Companies / We ).
This PPT is a recording of the webinar conducted by Relativity Management Solutions to talk in detail about the various issues deductors are facing & solutions to it.
A Seminar Conducted by Akash Mahagaonkar, Head - Operations & Business Development, Relativity Management Solutions India Private Limited on How to Save Tax when your Income exceeds Rs.50 Lakhs & Above.
2. Perks Attract New Talent
Perks help them engage actively at the workplace
Productivity gains because of highly engaged employees
A Potential Talent Retention Strategy
According to Glassdoor’s 2015 Employment Confidence Survey, about 60% of people report
that benefits and perks are a major factor in considering whether to accept a job offer. The
survey also found that 80% of employees would choose additional benefits over a pay raise.
So read on to know the top perks offered…………….
Why Employee Perks ?
11. # 7 – Parental Leave
This perk excellently balances family and work - as for
many, family is what motivates to do better at work
12. # 8 – Child Day Care
Reliable and safe child-care centres at work gives parent-
employees peace of mind and much needed job
satisfaction
13. # 9 – Flexi Working Hours
If not for all the time in the world, at least giving
employees the perk to work in flexible timings reminds
them of your much valued trust
15. # 10 – Gift Cards
Retail outlets or a dine-in restaurant gift card is sure to
win hearts of your employees. No one would say a ‘NO’
to it :)
16. # 11 – Gym Membership or Facility
This perk has been recently trending, It reminds
employees how much their health and wellness matters
to you.
17. # 12 – Event or Movie Tickets
Excite your employees with free movie/concert/event
tickets. It is double the fun and let them cherish your
care forever :)
18. # 13 – Food ; Food & Food
If not everyday, while deadlines or once a week does
work with everyone. I mean who doesn't like free food ?
20. # 14 – In Office Perks
Be it a cool cafeteria, games at office or surprise office
treats etc. definitely help employees to recharge amidst
busy hours
21. # 15 – Professional Development
Taking effort to help each employee emerge successful in
work as well as career (both are different?... yes) is also a
perk that many of us forget
22. Over to you !!
These are just the common ones, we have come across & hope found it
interesting.
Did you do something different ? Do mention in the comments box !
23. A bit about us
Our services in Payroll, Accounting, Taxation and Compliance continues to be the crux
behind many successful businesses.
Visit www.relativity.co.in for more information about our products and services.
Reach us on sales@relativity.co.in | +91-93611-41436 | +91-422-4037800