Employee Gifting Guide
It is the most wonderful time of the year, or the most confusing. Figuring out your employee gifting/holiday bonus program can be a real pain. How to be fair, how to reward the hardest workers, how to keep everyone happy. Here are a few tips to get you through the employee gifting cycle without a scratch.
46% of Employees Feel Appreciated By Unexpected Rewards
It is now officially the holiday season (not that retailers didn't get a head start on that about a month ago!) and as employees look forward to year
-end bonuses, some employers use smaller rewards earlier in the holiday season to get employees energized before the holiday break. Here are 3 key stats from Glassdoor's Employee Appreciation Survey:
Employee Motivation in 3 Steps
Employee Appreciation that Works
Employee appreciation is a great tool when used properly. When not used properly employee appreciation efforts can be ineffective and can cost an organization money with no ROI. Ensure your employee appreciation program works for you and your employees by following 3 easy steps.
Mobile Payment Adoption: Slow but Steady
A Boston area start up may have a breakthrough in the very slow adopting mobile payments market. Loop is an e-wallet that not only attaches to your phone like a case, but actually works with your retailer's existing POS system. Mobile payments were predicted to have taken off by now, and adoption is still occurring but at a much slower rate. Mobile payments that aren't compatible with existing retail POS systems are tough for retailers because a change to a national chain's POS, involves a large scale hardware upgrades which cost money and take a long time. Bringing mobile payments to retailers existing systems is taking a new approach to this mobile payments puzzle. It puts the investment on the consumer, who is choosing to use the system, rather than force retailers to provide a system that they don't have guaranteed ROI from. Since Loop is set to hit the market this winter, we will see soon if this alternate approach catches on. The adoption has been slow but the potential could be high.
For more information on mobile payments check out this article from the Boston Globe.
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