Ever wondered what employee rewards your staff really want? While you know they may appreciate the sentiment of the reward, and even find the rewards fun, have you ever wondered, if they could pick anything, what the general employee response would be? In a recent study done by The Voucher Shop these hard-to-come-by desires are revealed. Even though these are results from across the pond, there's a lot to be gleaned applicable for American employees and households as well. Here are the top categories employees want to see in rewards from their employers:
Wearable technology is gaining popularity in the consumer market and has the potential to transform the way employers structure their employee health and wellness initiatives. The transformation will have an effect on the price tag of these initiatives, but the direct effect of incorporating wearable technology will ease the time it takes for employers to track employee wellness activity.
Love is in the air, or it will be tomorrow. As we prepare for a holiday full of chocolates and roses, CVS/pharmacy has both classic and non-traditional gift options available. With everything from perfumes, photo cards, razors and male grooming equipment on sale, to bonuses for ExtraCare rewards members on certain purchases and purchasing thresholds, it's easier than ever to make your special one feel special this Valentine's Day. While some may view the holiday as hokey and only meant for the love birds, Valentine's Day can be used as a unique opportunity to show gratitude and appreciation for the employees in your office. Your support staff, your junior level employees, the people in the mail room (heck, even the person who delivers the mail!) are great people to thank on Valentine's Day. Simple "Thank You's," especially during these dark, cold winter months, can be a great morale boost. Thank you gifts don't need to be big either. A $10 gift card to retailers like CVS/pharmacy can be a great way to say thanks without breaking the bank, especially with the variety of merchandise on sale. For healthier options that can support new year's resolutions and employee's healthy lifestyle the CVS Select® Gift Card can help with the temptation by limiting the merchandise the card can be redeemed for (so skip the chocolate when using this gift card!). So who do you want or need to thank this Valentines Day? Think beyond the cupid interpretation and show "love" as gratitude to the people who make your business great!
No company can completely eliminate employee turnover, but at a time of year where employees could be looking for something new, it's important for HR departments and management teams to focus on minimizing employee turnover. Turnover has direct and indirect costs associated. Research from the Center for American Progress discovered that it costs employers about one fifth of an employee's salary to replace them. This includes time spent training and getting a new employee up to speed. Indirect costs can be felt in other areas, and often by other team members as new employees get ramped up to full productivity. Here are three ways to minimize employee turnover and maximize productivity and your bottom line.
Our society, and our work standards, strive toward perfection. We sometimes feel we must be perfect, the perfect boss, the perfect employee, the perfect parent, etc. We may even think that making no mistakes is the best possible scenario and that a squeaky clean record at work, and in life, is what it's all about. Well let's think about challenging that notion. According to Kate Hamill of the Freelancer's Union, weaknesses and mistakes can actually bring out some of our other strengths and can help harvest self-reflection that makes us, our staff, our managers and our organizations more successful. Your weaknesses are inextricably tied up in your strengths. Every cause has an effect and every action a reaction. If you invert your weaknesses, you will uncover your strengths. This is where employee imperfection is key. There is no way to invert perfection, nothing to learn from it. Employees can't grow from perfect, and frankly perfection is boring. There's no evolution or growth that comes from perfection and stagnation can be unfulfilling. When employee imperfection is embraced, it can lead to self-compassion. Employees who learn to give themselves a break, instead of getting frustrated, give themselves a chance to improve upon their discovered weaknesses and get a lot farther in their careers. Self-teaching and independent growth are valuable skills that breed great team members and hard workers. Weaknesses don't have to be negative, but rather should be looked at as the ultimate opportunity, not to achieve employee perfection, for employee growth potential.
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