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How To Design An Effective Spot Bonus Program?

Vantage Circle

Granting employees rewards and recognition can be likened to a delicate sprinkling of ethereal fairy dust upon them. Rewards serve as a profound expression of genuine appreciation and an enchanting celebration of their invaluable contributions. People work for money but go the extra mile for recognition, praise and rewards.

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Boost Employee Engagement and Retention with Modern Recognition Programs

Vantage Circle

The Shortcomings of Traditional Recognition Programs The traditional recognition programs often consist of annual performance reviews and standard rewards. Inability to Offer Personalized Rewards The biggest problem with traditional programs is that they are not customizable. Modern workforces are diverse, dynamic, and digitally sound.

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Key Human Resources (HR) Pillars: Your 101 Guide

AIHR

Human Resources continues to evolve with new and changing laws, trends, and business needs. Yet, many of the various HR pillars have remained constant. Simply put, HR pillars are the main focus areas that form the building blocks of a company’s HR and people strategy. These pillars are outlined in greater detail in this article.

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Compensation Package: A Guide For HR (+ Free Template)

AIHR

Think of a compensation package as a bundle of rewards creatively put together to recognize employees’ contributions and inspire their best work. Collectively, these features make the compensation package highly attractive to the potential employee. In fact, 83.4% of employees rank compensation as the top factor in job satisfaction.

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Pulse Survey Incentives Ideas to Increase Employee Response Rates

Vantage Circle

Finally, employees may feel that their feedback is not valued and that their responses won’t make a difference. First Off, What is an Employee Pulse Survey? An Employee Pulse Survey is a regular survey that allows employers to gauge employees' morale, engagement, and satisfaction levels. So, how can you promote survey participation?

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Top 20 Employee Recognition Tools in 2021

Vantage Circle

And with the rise in hybrid work, companies are redoubling their efforts to develop a robust reward and recognition program. Vantage Rewards. Reward Gateway. Vantage Rewards. Vantage Rewards is Vantage Circle’s exclusive reward and recognition platform. Features: Budget Management and Allocation.

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10 Strategies to Build Team Morale in the Workplace

Vantage Circle

Are you struggling to keep your employees motivated and engaged in the workplace? Are you facing high levels of absenteeism, poor performance, or high turnover rates? These are all signs of low employee morale, which can be detrimental to your organization's success. But first, let’s start with the basics. What is Team Morale?