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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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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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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In today's evolving workplace, pay transparency is gaining momentum as a powerful driver of employee engagement and performance. 🚀 New regulations have been adopted by several states, with more signaling pending legislation. As of February 1, 2023, impacted states include California, Colorado, Connecticut, Hawaii, Maryland, Illinois, Nevada, Rhode Island, and Washington; plus select counties and cities. Compensation experts recommend employers take a national approach to ensure foundational elements of pay transparency and equity are strong. Embracing pay transparency is not just a trend; it's a strategic move that can transform your organization. Pay transparency catalyzes employee engagement and performance by promoting trust, motivation, career development, and alignment with organizational values. Read our newest article, "Responding Strategically to Calls for Greater Pay Transparency," to learn more about how pay transparency can boost employee engagement and improve organizational success. #PayTransparency #EmployeeEngagement #PerformanceBoost #OrganizationalSuccess 👉 https://lnkd.in/gWC7fTrb
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Why is human resources important? Perhaps it's because organizations with robust HR practices are 1.4 times more likely to outperform their competitors and 2.5 times more likely to excel in talent management. Or maybe it's because companies with high employee engagement see a 23% increase in profitability. Both are worth considering. PassionHR Consulting, Inc. 1-888-HR-SERVE.
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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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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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"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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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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Last year, our report found that pay transparency had a significant positive impact on employee engagement and the company's bottom line. Yet in 2024, only 8% of HR professionals rated their companies highly in transparency. Learn why pay transparency is still a hurdle for managers and HR alike in our 2025 State of People Strategy Report, with insights from HR leaders including Joaquin Migliore, Director of People Experience at Superside: https://bit.ly/3Ahf1IU
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Join us to explore best practices, share ideas, and connect with industry leaders. Let’s work together to foster a culture of engagement that drives both employee satisfaction and outstanding service! We are honoured to have Mark Pillai as one of our keynote speakers. Mark will be diving deep into the critical topic of "Key Metrics for Measuring Employee Engagement and Performance. https://nuel.ink/iGiTFP #CSS2025JHB #CustomerServiceSymposium #EmployeeEngagement #PerformanceMetrics #MarkPillai
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