BlogTags - Employee Recognition Software

Employee Listening for Accelerating Inclusion and Diversity

22 June, 2021

Employee Listening for Accelerating Inclusion and Diversity

Diversity, Equity and Inclusion (DEI) is a major area of focus for HR departments globally, as robust research has emerged about its’ many business benefits. However, while companies have made progress on measurable aspects of DEI, specifically, a diverse head count and equitable benefits, subtler aspects like inclusion and belonging have not yet received the attention they need. This is especially significant in the current context, where employers are preparing to welcome employees back to work or switch to a hybrid work model for good. Unless an organization takes the effort of measuring employee sentiment and translating it quickly into…

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Words of Appreciation for better Engagement

28 May, 2021

Words of Appreciation for better Engagement

Employee appreciation is the foundation for a positive, thriving work culture. In fact, research has shown that appreciation increases employee retention by 53%, apart from having many other workforce benefits. Appreciation doesn’t need to be expensive or even involve cash at all.

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Why standard reports and analytics are not enough for RnR

22 April, 2021

Why standard reports and analytics are not enough for RnR

The current world of evolving workplaces demands organizations to be adaptive and make constant changes in their processes, policies and even their business models. Fluctuations in the economy driven by an unpredictable health crisis, have compelled leaders to focus on engaging and retaining their best talent. In such a scenario, it is imperative for organizations to have the right data to guide their employee engagement program. Basic analytics tools are already provided by RnR software vendors across the globe, but the relevance of the reports available and current visualization standards are being increasingly questioned by HR teams. In this blog,…

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Hyper Personalization of EX through Rewards

16 April, 2021

Hyper Personalization of EX through Rewards

Gone are the days when employee rewards and recognition programs comprised of a generic list of perks for all. Organizations today are fully aware of the importance of having a holistic, tailored employee benefits experience to engage their workforce. In today’s personalization-driven economy, technology has transformed consumer experiences, which are driven by targeted offerings and relevant customer interactions. Employees now have also come to expect the same level of personalization within their workplace. Given the generally declining attention span of millennial workers, an employee rewards program must be extremely relevant and tailored to unique preferences to ensure high adoption. Additionally,…

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How to Ensure High Adoption of an Employee Engagement Platform

26 March, 2021

How to Ensure High Adoption of an Employee Engagement Platform

Every enterprise employee uses a range of applications during a single day of work. These can include email, chat, social media, payroll, appraisal, company intranet etc. Getting them to consistently use yet another tool focused on rewards and recognition can be an uphill task. However, to gain the maximum ROI from your total rewards program, high adoption of the platform is crucial. To achieve this, both the RnR software vendor and the organization need to ensure user-centricity in the platform design and proactively iterate platform components as usage matures. This blog covers the multi-faceted process of making your employees adopt…

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Importance of Having Flexibility in Your Rewards Platform

19 March, 2021

Importance of Having Flexibility in Your Rewards Platform

The definition of total rewards for employees has changed over the years, and encompasses a broader scope including employee recognition, incentivized learning and emotional wellness. However, firms have been slower to move in this direction. According to Deloitte, only 11 percent of employees globally believed that their rewards strategy is highly aligned with their organization’s goals. This discouraging number was found in 2019, before the challenges of a virtualization and increased stresses due to the pandemic came into light. With the disruption of workplaces, the need for a robust employee recognition and rewards program is paramount to engage and retain…

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How Emotional Stamps Influence Employee Engagement & Retention

23 July, 2020

How Emotional Stamps Influence Employee Engagement & Retention

In the previous introductory blog, we had discussed the significance of Behavioral Economics in creating a scientific framework for employee engagement, total rewards and recognition frameworks. Multiple psychological factors are at play when employees think and behave in a certain way in the workplace. We need to harness this knowledge to encourage better performance and improve levels of employee engagement. In this blog post, we will talk about a specific cognitive phenomenon- Emotional Stamps and their significance in creating the right kind of employee rewards program to attain greater ROI. To understand this better, let’s first talk about how human…

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Behavioral Economics: The Science Behind Rewards and Recognition

1 July, 2020

Behavioral Economics: The Science Behind Rewards and Recognition

Behavioral Economics is a fascinating discipline that uses insights from psychology and neuroscience to challenge assumptions made by traditional economists about human behavior. An assumption that human beings always behave ‘rationally’, i.e., in their own best interest, has failed to explain real-life actions of individuals in general. This enhanced understanding of human beings as ‘emotional beings’ is now being extensively used by top organizations around the world to inform policy decisions, business processes and even workplace design. One of its important contributions has been developing a scientific framework for keeping employees, customers and channel partners engaged in the workplace. Connecting…

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