GiftCard Partners Blog

Benefits are a big component to an employee compensation plan. While they are costly for employers, benefits are a huge part of how employees choose a job and how long they stay.

Employee recognition programs typically make up just 1 to 2 percent of the total payroll budget on average. The return on employee recognition can be much higher and you don’t need a large budget for your program to make it best-in-class. Employee recognition can improve engagement, retention, and create a stable staff environment, according to Katie Scott of Globoforce. Discover 3 ways to see a return with your employee recognition programs.

Today’s workplace is more age-diverse than ever. For the first time in history, five generations are working side by side — from seasoned Traditionalists to Gen Z digital natives. According to the U.S. Bureau of Labor Statistics, more than 165 million people make up the civilian labor force, and participation among those over 75 has more than doubled since 2000. Meanwhile, Gen Z and Millennials now represent nearly half of the U.S. workforce and are reshaping what engagement, flexibility, and purpose look like at work.

Loyal Employees are important for a number of reasons. It’s always better to have happy people working for the health of your business. Having loyal employees makes your business better and stronger over the long term. Here are three ways employee loyalty can actually improve your business.

We discuss how to implement employee recognition and employee rewards on this blog, but we don’t always discuss why we should spend time and resources on these employee programs. Today, that changes. Here are three positive outcomes of employee recognition that you could (and should) enjoy the perks of when you properly execute an employee recognition program within your organization. These aren’t just our opinion, they have actually been observed by companies who have successfully implemented employee programming.