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Regain Employee Loyalty Through Action

Employee loyalty is at the lowest rates in recent memory. According to a recent CareerBuilder survey one in three currently employed individuals plans to leave their job by the end of the year. 76% of current employed people would leave their job if the right opportunity presented itself, although they are not actively looking for a new job. Other studies have also shown staggering turn-over rates, showing that the average company loses 20-50% of its workforce each year. These numbers show employees are disconnected to their jobs, and that employers are not showing reciprocal loyalty to their workers. As the recession still continues to affect the economy and the job market employees see down-sized benefits packages, cut backs on organizational spending that was previously invested in professional growth and training opportunities, and a lack of demonstrated commitment to employees.  Employee loyalty has declined, because if employees don't feel that their organization has invested in them, they will not invest their longterm professional commitment in the organization. Investing in employees, whether it is giving a small denomination restaurant gift card for a one year anniversary, or ensuring that employees continue learning and growing through professional development training, it is important to show employees that their organization cares about them.
How will you use loyalty rewards to improve your retention rate this year? For more information and ideas on how to show loyalty to your employees check out this Forbes article.

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Convincing Video on Incentive Based Corporate Wellness Programs

This is a really great overview
CBS news story about why and how incentive based health and wellness programs offer success to employers and employees. They are reporting on survey findings of $3.00 - $6.00 ROI on every $1 spent on health and wellness programs. Love how it worked out for the woman featured in this story! Cash and HRA contributions aren’t the only successful incentives; our corporate customers use
CVS gift cards,
CVS Select cards, and
Subway gift cards as their incentives and they report equally great results when implemented over the course of a few years.
Check out the CBS Health Watch video.  

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Using Gamification for Recruiting, Career Development, and Health and Wellness

Using gaming to engage employees has been proven effective in a number of different scenarios. Here are three stages of the employment process where gamification has been successful. How does your company use gamification to engage employees?  

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Increasing Alumni Participation with Gift Cards

College graduation has come and gone and now many have the honor of calling themselves Alumni! But what will keep that school spirit going after the diploma has been hung on the wall? College and University Alumni Associations across the country ask themselves this very question constantly. Well look no further, the answer is Gift Cards! Gift Cards are a great way to increase membership, thank donors and more:

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Motivate Employees Their Way

Motivating employees is about ensuring that your employees feel appreciated and supported by the organization. Showing your employees you care is the best way to get them to invest their time and energy into their jobs and make a difference. The most important piece of employee motivation is showing that appreciation and giving rewards in a way that works for the employee you are trying to reach. Quiet, hardworking employees do not want public attention drawn to them, but giving a gift, reward, or praise in a one-on-one atmosphere will show them appreciation and motivate them, rather than make them uncomfortable in front of their peers. To an innovative thinker, knowing a bit more about the "big picture" and how their work affects that makes a big difference. Taking time to provide them some more strategic information, in addition to a reward will go a long way. Analytical employees want to know how their piece fits into the greater puzzle, and want to be compensated based on the size of their piece. Giving them spot rewards, such as a restaurant gift card, for small achievements, and larger bonuses for reaching long-term goals will show this employee organizational appreciation, and motivate them into the future. Tailoring motivation and rewards to how an employee will best recieve the praise is important. If you reward and motivate an employee, but the delivery embarasses them, belittles them, or does not speak to their professional goals or intellecutal style the impact of the reward and motivation could be lost.
For more information on how to motivate effectively check out this Time Magazine article.

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