BlogTags - employee rewards

Optimizing Employee Engagement through Work-Life Balance: An HR’s Guide

12 April, 2024

Optimizing Employee Engagement through Work-Life Balance: An HR’s Guide

“Work is a rubber ball. If you drop it, it will bounce back. The other four balls—family, health, friends, and integrity—are made of glass. If you drop one of these, it will be irrevocably scuffed, nicked, perhaps even shattered.” Even as many companies have made the switch to hybrid work, most employees still struggle with maintaining a work-life balance. The reasons behind this are linked to various emerging work trends- firstly the prevailing high attrition burdens existing employees with increased workload, leaving them scrambling to meet expectations. Secondly, work technologies enabling remote work have permeated our private devices, ‘off-hours’, and…

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Humanizing Work Culture: How Core Values Shape the Workplace

28 October, 2022

Humanizing Work Culture: How Core Values Shape the Workplace

Most organizations have a set of ‘core values’ defined as a part of their corporate identity, intended to serve as a masthead to guide employees’ actions and org-level decisions. But how often are they really integrated into the organizational culture and more importantly, are individual employee values in resonance with these larger org values? This blog talks about the criticality of integrating core values into work life and advocates a strong feedback and R&R framework to align individual behaviors to organizational interests. Why have Core Values in the first place? Peyush Bansal, the CEO and CPO of the Indian startup…

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You Get What You Reward: A Scientific Approach to Employee Rewards and Recognition

28 July, 2022

You Get What You Reward: A Scientific Approach to Employee Rewards and Recognition

Understanding how employee rewards and recognition impacts productivity, performance, and employee engagement has been the subject of many studies and experiments, ergo, the salient connection between human behavior and appreciation needs no introduction. We are wired to crave connection, support, and acceptance from those around us, due to which the need for effective employee recognition has been diligently emphasized by HR thought leadership.  “You Get What You Reward”- The Psychological Impact of Rewards and Recognition Sometimes referred to as the “greatest management principle in the world,” this quote was first coined by Michael LeBoeuf (1985) in a book by the…

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How to Design the Perfect Employee Rewards Catalog

29 June, 2022

How to Design the Perfect Employee Rewards Catalog

Over the years, employee rewards have substantially evolved to include more than just work anniversaries, annual recognition awards, or employee-of-the-month perks. Today, a holistic rewards and recognition strategy is considered indispensable to the overall employee experience, as organizations are focused on attracting, engaging, and retaining their workforce in this talent-led market. Ergo, rewards can no longer work in silos; they need to function in congruence with employee recognition, engagement, and performance. Irrespective of the approach you follow while delivering an R&R strategy, a few fundamental factors that need to be crystallized including: Is your rewards strategy aligned with organizational goals?…

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Unity in Diversity: How to Celebrate Pride at your Workplace

22 June, 2022

Unity in Diversity: How to Celebrate Pride at your Workplace

When one thinks of Pride Month, colorful celebrations, rainbows, and parade floats usually come to mind. But it is important to understand that celebrating Pride is much more than a weekend dedicated to breezy festivities- the month of June marks the quintessential beginning of the LGBTQ+ movement in North America that surged a global revolution for diversity and inclusion. Building on the strong business case of DI&E, this blog walks you through the importance of celebrating pride at the workplace and also enlists a few unique ideas that can be implemented to foster a sense of belonging among your underrepresented…

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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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Transitioning to a New Employee Engagement Platform: 5 things to keep in mind

8 February, 2022

Transitioning to a New Employee Engagement Platform: 5 things to keep in mind

In an era of global workplace disruptions, organizations have been compelled to deliver tailored, legitimate employee experiences that strengthen resolve, ignite motivation, and upraise performance on the whole. An Employee Engagement Platform is reckoned the gateway to realizing these efforts, and if you already have a dedicated platform in place, you’re way ahead in line! The next step is to examine, analyze, and ascertain its efficacy and competency. Reflect, Reassess, Redefine Does your engagement strategy align with your Organizational Culture? Is it well-equipped for future evolutions and capable of adapting to transformational developments? Are you satisfied with the RoI from…

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