BlogTags - employee retention

7 Fresh Ideas to Make the Most of Employee Appreciation Day

21 February, 2023

7 Fresh Ideas to Make the Most of Employee Appreciation Day

Employee Appreciation Day is round the corner, and it represents a golden opportunity for organizations to express gratitude and give thanks to their most important asset- its’ people. The art of employee appreciation has been practiced since time immemorial; however, it’s importance has come to limelight in recent years amid economic turbulence and professional disruptions, mainly the ‘Great Resignation’. Research shows that companies with a strong recognition framework have 31% lower voluntary turnover and 72% of businesses agree that employee recognition positively impacts engagement. These statistics make a strong case for why your organization needs to double down on employee…

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Why Should HRs Focus on Employee Experience

16 November, 2022

Why Should HRs Focus on Employee Experience

Employee experience has emerged as a salient indicator of organizational success amid global disruptions in the employee-employer markets. Often abbreviated as EX, it is the sum of interactions in an employee’s journey through all the touchpoints at a particular firm, including recruitment, onboarding, development, retention, and exit. The wide-ranging nature of EX makes it a complex endeavor, but it undoubtedly plays a crucial role in propelling the employee engagement levels and shaping the organization culture. So why should HRs focus on enhancing the EX? What’s in it for the employer? How does it contribute to the overall business success? This…

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Promoting Gender Equality in the Workplace

26 August, 2022

Promoting Gender Equality in the Workplace

You might be tempted to believe that women have nearly closed the gender gap in the workplace, courtesy the building press and discussions around diversity and inclusion. However, there is a tremendous amount of work that still needs to be done in order to institute gender equality in the truest sense, thereby increasing employee engagement for women employees. Here are some statistics that can emphasize our point- Women earn 19% less than their male counterparts for the same job. Research shows that women are still underrepresented at every level. Men currently hold roughly 60% of manager positions, while women hold…

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People Analytics: A Key Driver of Employee Engagement

19 July, 2022

People Analytics: A Key Driver of Employee Engagement

An inevitable power shift in the employer-employee dynamic is taking place, and organizations across the globe are contemplating the adaptation to this workplace revolution. As traditional hierarchies are being replaced with flattened structures and agile teams, a fresh and innovational organizational culture driven by engaged employees is in line. But how does such an insurgency materialize? The truth of the matter is- organizations cannot envision a progressive, growth-oriented future without the help of digital tools that can enhance the overall employee experience. The contingency? Digital transformation is the path forward, and HR technologies such as people analytics are the way…

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5 Ways an Employee Recognition Software Can Benefit HR

24 June, 2022

5 Ways an Employee Recognition Software Can Benefit HR

HR departments came into existence at the turn of the century with the primary objective of helping the senior management negotiate with their worker base, according to SHRM. Although this function is still in play, there has been substantial expansion of the HR role over the years, that cascades into numerous facets ranging from talent acquisition, recruitment, and hiring; to employee engagement, retention, and rewards and recognition. Today, we can find total rewards managers, employee experience specialists, and even chief happiness officers in most organizations, roles that are all committed to improving the overall employee experience. HR, Technology, and R&R:…

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4 Employee Rewards and Recognition Myths Debunked

2 June, 2022

4 Employee Rewards and Recognition Myths Debunked

If you are in the midst of strategizing a modern employee rewards and recognition program, having a clear, established vision along with a conscious understanding of employee engagement is of utmost importance. An objective mindset comes from a strong understanding of the merits of employee appreciation and giving credit where it’s due. Moreover, with companies accelerating their digital transformation journey to complement the hybrid nature of work, digital recognition is now acknowledged as a critical means of engaging a diversified workforce. Nonetheless, due to the avant-garde nature of such technologies, this space may be shrouded by certain misconceptions that can…

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Emerging Trends in Employee Recognition Programs

31 May, 2022

Emerging Trends in Employee Recognition Programs

At its’ core, employee recognition is the due acknowledgement and expression of appreciation for noteworthy contributions made by employees in the organization. Although this fundamental rationale shall always remain constant, the ‘how’ behind the recognition is what has undergone a momentous shift in recent years. This can be attributed to the transformational nature of business operations, especially with the increasingly competitive talent market that has coerced organizations to scratch traditionalism and adopt a dynamic, contemporary approach to business execution. In this context, revamping the one-size-fits-all employee rewards and recognition programs with modern practices is an important step that firms need…

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Employee Recognition: Importance and Key Benefits

27 May, 2022

Employee Recognition: Importance and Key Benefits

Reminisce about the last time you worked exceptionally hard and put ample effort into acing a presentation or closing a deal. That feeling of accomplishment is unmatched as it gives you unrequited confidence and uplifts your self-esteem, but this sentiment crosses its’ bounds when your peers, managers, or colleagues acknowledge and notice it. Thus, the act of simply appreciating good work can go a long way in elevating one’s morale. This is exactly why employee rewards and recognition are rudimentary to the corporate world. Recognizing employees’ contributions is in fact, a cornerstone of effective people management and enriched business performance.…

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