It is probably no surprise to hear that employee happiness is an important part of maintaining a positive company culture. But do you truly understand how this influences the company’s bottom line? Follow along with this logic…
It’s common to think that your company’s marketing efforts are not up to par during the holiday season. It’s the greatest time of the year—but also the busiest. You may feel so inundated with special offers that they actually begin to lose that element of being “special”.
So, how do you avoid getting caught up in all the holiday commotion connected to gift giving and create an exciting, successful incentive that’s truly meaningful to your target’s interest?
You know how it goes… You’re in charge of tracking down the perfect gift to thank employees for another year of hard work. You call in a frozen turkey order thinking it’s a thoughtful gift that employees and their family will share around the dinner table during the holidays. No sweat, right?
Wrong! Because a LOT more coordination, time and money goes into managing a bulk order of frozen turkeys. This year, forget the hassle of refrigerated trucks and simplify employee gifting with this unique alternative.
Decisions, decisions! It is important to be informed when deciding on holiday gifts for employees and customers. We are simplifying this process for you by answering the top five most frequently asked questions about the Butterball Gift Check Program—the perfect solution to all your corporate holiday gifting needs!
Thanksgiving is a day most Americans associate with feasting around the table with family. As the name suggests, it’s a day to give thanks.
According to the National Turkey Federation, 95% of Americans eat turkey at Thanksgiving.
So how did this tradition come about?
At some point in your career you’ve probably heard about the importance of happy employees. But are you aware of the impact this has on your company? Follow along with this logic…
Thank You! We can never hear those words enough! It’s just those two small words that make people feel warm and fuzzy inside. ‘Thank You’ tells our employees that they’re appreciated and that they’ve done a great job. It lets our customers know we really value their loyal business. These two small words are impactful, and it’s important to take the time to say them. David Shindler, author of Learning to Leap, reminds us that “employee surveys continue to show that people value a simple ‘thank you’ from managers.”
Employers often use cash as an award because it is easy to obtain and distribute to their employees. Yet, employees often times do not see it as an award because it is tied to their paycheck. As Claudio Ayub points out in his article, cash goes in one pocket and out the other to pay bills; recipients do not remember what they earned in a cash incentive program. While cash may be convenient for the employer, it is not always the best motivator for employees.
A study conducted by Aberdeen Group revealed that 63% of best-in-class companies use non-cash awards, emphasizing that those types of incentives are stronger motivators for employees. Ayub adds, “There is no trophy value in cash. When was the last time you bragged about a $100 bill?” Since cash coincides with a regular paycheck, providing employees with an alternative, especially an alternative they can choose themselves, proves to be exciting and highly motivating. Many successful companies are awarding their hard working staff with a selection of gift cards, placing trophy value on workplace incentives.
As mentioned in our previous blog post, The 10 Best Ways to Successfully Reward and Recognize Employees, it is more important than ever to entice your employees with relevant rewards. With that being said, there are two takeaways from that tip.
Imagine sitting in a comedy club watching a comedian bomb. It’s painful. People feel uncomfortable. Most likely, his timing is waaaay-way off.
In the workplace, managers aren’t comedians (generally), but they need to share a critical trait with comedians to keep things rolling in a manner that keeps everyone happy and engaged. They need: Great Timing.
Great Timing is everything. And it’s simple. But first, here’s what Great Timing in the workplace is not: It’s not quarterly, bi-annually, or end-of-year. And it’s not silent.
On the other hand, here’s what it is: Great Timing is recognizing, rewarding and celebrating successes as they occur, even if it’s a verbal “thank you” from the manager to the employee (even better when amplified in front of peers).
It’s no secret that employee retention means something completely different today than it did 15 years ago. In the past, companies designed incentive programs that thanked their loyal employees for their 10, 15, 25+ years of dedicated. Today, longevity is a rarity.
More and more often, in today’s changing world, businesses are completely restructuring their incentive programs to thank their employees instantly – even after just one year of service. Companies are having to adapt to this trending workplace culture and new norms to keep their millennial generation employees engaged, fostering company loyalty and increasing retention.
We are wired for rewards. Literally. In fact, when people receive a positive recognition or reward, it creates a shot of dopamine, sparked by the neurotransmitters in our brains. According to Kevan Lee in his article on the The Science of Motivation: Your Brain on Dopamine, “The brain can be trained to feed off of bursts of dopamine sparked by rewarding experiences.”
The dopamine shot is felt in many ways, including motivation, memory, behavior and cognition, attention, sleep, mood, and learning…leaving an imprint on our brains reminding us to repeat the behavior that earned the reward.