Recent corporate tax cuts are beginning to take effect for organizations of all sizes, leaving companies to face a big question: what to do with the extra money? Employee engagement, through incentives and rewards are a great area to invest in, given the impact they can have on company morale, employee happiness and overall employee retention rates.
According to Forbes, 2018 is the year of the “employee experience.” Since there has been such a focus on employee engagement, employee loyalty and employee retention over the last few years, adding another term into the employee/employer relationship cycle can be confusing.
Employee Engagement has been an ongoing challenge for Human Resources professionals and Company Leaders. But it’s a new year, so the time is right to make employee engagement a priority for your organization. Before you announce your annual initiatives consider employee engagement as not just a program you run as part of a larger initiative, think of it AS the larger initiative.
Happy employees can seem like an aspiration. We are in an employee-focused market: between extravagant office perks and rating tools like Glassdoor, employees have high expectations and are armed with information about employers before they even submit an application.
As younger generations enter the workforce and regulations surrounding health and wellness programs continue to evolve, there’s a lot to consider when developing your own program. Today, more companies choose to use incentives to engage employees and reward them for healthy behavior.