BlogTags - Productivity

Identifying Rewards and Recognition with Gen Z and Millennials

1 June, 2023

Identifying Rewards and Recognition with Gen Z and Millennials

As organizations adapt to the changing workforce dynamics, understanding how to effectively reward and recognize Gen Z and Millennials becomes crucial. Gen Z is the most diverse generation yet, and for that reason, one may find that Gen Z employees have a wide range of backgrounds, experiences, and perspectives. The future of organizations depends on Gen Z employees, who are the newest generation of employees and managers. With their help and involvement, organizations may develop, and recognition programs can thrive. For perspective, Baby Boomers (those born between 1946 and 1964) preferred financial security and, consequently, monetary advantages, but Millennials (those…

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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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Examples of Employee Recognition: 4 Ready-to-Use Appreciation Letters

21 July, 2022

Examples of Employee Recognition: 4 Ready-to-Use Appreciation Letters

Thanking your employees for their effort, dedication, or exemplary performance is no longer just a customary office etiquette, it is something that the senior management should embrace as a regular practice to consistently boost employee motivation, keep up morale, and raise the overall happiness quotient within the organization. When it comes to employee recognition, the most common question that lingers in one’s mind is “What qualities should I recognize?” Agreeably, there is a broad spectrum of skills that deserve to be acknowledged; however, it is also important to note that often times, the real value of an employee’s contribution is…

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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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Three Fundamental Types of Employee Recognition

25 May, 2022

Three Fundamental Types of Employee Recognition

There is no denying that people respond positively to being recognized and rewarded. Appreciation induces a cascading effect on employee engagement, productivity, performance, and loyalty towards the organization that consequently impacts the bottom line with significance. As trivial as it may seem in a larger context, employee recognition is undoubtedly one of the most important drivers of business success. However, recognition is more than just a pat on the back from a manager; its’ horizons go way beyond traditional top-down reviews. With the dynamic power shift taking place in the employee-employer markets, it has been realized that positive reinforcement can…

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Employee Wellness for the Hybrid Work Era

20 May, 2022

Employee Wellness for the Hybrid Work Era

The connection between employee wellness and business performance is a hot topic in the HR community. Extensive research conducted into the same has confirmed the correlation over the years. For instance, mental ill-health and stress were cited as the top two causes of absenteeism in a  CIPD survey, and it is also one of the reasons for increased employee turnover. On the positive flip side, Gallup research found that engaged employees experience even higher performance outcomes when physical wellness programs are added to the mix. This involves a simple train of logic- when employees are healthy and engaged, productivity levels…

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HealthTech Meets HR: The Future of Employee Wellbeing

17 May, 2022

HealthTech Meets HR: The Future of Employee Wellbeing

We are in an era where most professionals expend a protracted amount of time laboring at their desks, especially with digitization and flexible work becoming the norm in recent years. However, the implications of modern work on health and wellness in the long run are not being talked about enough. Sedentary lifestyles, detrimental work environments, and impeding burnout is likely to take a toll on employees if not addressed in a conscious, diligent manner. It is thus, the organization’s responsibility to deploy effective strategies that help enhance workplace wellness and keep employees’ wellbeing in check. The Business Impact of Workplace…

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