What Is Equity in Employee Recognition and Rewards? 💡 Equity in rewards ensures fair distribution of recognition and incentives, based on contributions, skills, and performance—not bias or favoritism. Fair recognition enhances employee engagement and retention; Gartner reports that “employees perceiving pay inequity are 15% less likely to stay and 13% less engaged than those who view it as fair.” With talent demand high, employees increasingly weigh fairness in their decision to stay or leave, underscoring the need for equitable rewards systems. 👉 Find 9 tips on how to achieve pay equity in our blog post https://lnkd.in/dGQnKFEr
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Based on insights from EX leaders at Grainger, Kimberly-Clark, Fidelity Investments, and more, we compiled the ultimate guide to building effective employee experience governance structures at large enterprises. Download it here to start driving employee engagement and enhancing your company’s culture: https://lnkd.in/eW7dy98N #EXBoard #employeeexperience #governance #employeeexperiencegovernance
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Gilead Sciences is rewriting the playbook on comp strategy — moving from baseline compliance to true, global pay equity. In our recent webinar, Camille Alexander, VP of Total Rewards at Gilead, shared their game plan: ▶️ Using transparency to foster trust and employee engagement ▶️ Building a flexible comp model that reflects global differences ▶️ Designing “comp personas” to align rewards with employee milestones Dive into the full recap and see how Gilead is setting a new standard in comp: https://lnkd.in/d4sFKbSc
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The phrase "Follow the money." isn't reserved for true crime. It's also the key to bridging the priority gap between the C-Suite and HR teams. People teams are focused on talent retention, employee engagement, and diversity. And while these areas of business are also important to executives, their priorities center around profitability, ROI, and time-to-value. Our latest blog details how HR teams can bridge this gap and create alignment for sustained business growth. Just remember: follow the money 💸📈 Read the full post now: https://bit.ly/4aVTBxm
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People analytics is important for diversity, equity, and inclusion and can reduce unconscious bias, improve corporate training, help design a more equitable compensation structure, and optimize employee engagement. Read here: - https://hubs.ly/Q02VkgRY0 - https://hubs.ly/Q02VkmJQ0 #PeopleAnalytics #Analytics #DEI
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Waste Not, Want Not—Good Advice for Business Management Writing in TroyMedia, David Fuller provides concrete reasons why companies should focus on reducing waste. Among his many reasons: Employee engagement. “Involving employees in waste reduction initiatives can boost morale and create a sense of ownership and pride in their work. Engaged employees are more likely to be productive and committed to the company’s goals.” At Partners for Incentives, our customers can use our basic incentive programs and technology to encourage all employees to suggest ways to reduce waste and improve productivity. #employeeengagement #suggestionprograms https://lnkd.in/gBEWiUfv
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In today's difficult landscape of talent attraction and retention, organizations are concerned about the growing gap between rewards packages for existing employees and new hires, as well as its implications on employee satisfaction, engagement, and overall organizational success. https://bit.ly/4eN9utf Find out how to mitigate this risk and other people-related risks in our new 2024 People Risk Report
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The talent market is increasingly competitive—is your organization ready? Less than half of organizations focus on next-generation skills development, risking their competitive edge. Our comprehensive study shows why tailored investments in next-generation skills are crucial for employee engagement and satisfaction, and improved business performance. Read our report here: https://lnkd.in/e2tZKVV3 #ManufacturingNextGenSkills #AdvancedManufacturing Really enjoyed helping with this initiative!
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"The Harvard Business Review reports that employees with strong #softskills are 12 times more likely to engage customers, increasing the company’s overall profitability (Psico-smart, 2024). Investment in soft skills and learning opportunities for employees lead to higher retention rates, increased employee engagement and internal mobility." Read more in our NEW whitepaper: https://buff.ly/3NPSHt2
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Why should leaders care about employee loyalty and engagement? Because your organization's success depends on it. Our all-new report, "Money Can't Buy You Loyalty: Why Fit and Development Are the Keys to Employee Retention," is a must-read for leaders, unveiling what today's employees need to keep them engaged and loyal. This report, the second in our groundbreaking #StateOfCareers series, equips HR and business leaders with the data-driven insights they need to ensure their organization thrives. Discover surprising insights and strategic approaches today ➡️ https://bit.ly/3V1t4Kb
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If your company plans to still be in business in the next 5-10 years, what is your strategy to align business objectives with mission, purpose and employee engagement? Do you have the right technology partner to help you get there? There has literally never been a better time, I can think of, to start the conversation with the team at Xerox. Invest in your future, disrupt the status quo of how work is done today and make purposeful decisions on how your business will look tomorrow. #QBSI #Xerox "The research and advisory firm, which tracks on an ongoing basis how involved employees are in their jobs, found that in the first quarter of 2024, worker engagement dropped three percentage points to 30% from the end of the year prior, representing 4.8 million fewer employees who are “engaged” in their work, the lowest since 2013." https://lnkd.in/gQhE97gX
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