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Motivating and Recognizing More Employees with Less Budget Spend

Julien Dionne recently had a thought-provoking post on the LeapComp blog including the statement: “In a strong economy, one of the major arguments in favor of incentive compensation is employee retention. During a recession, the main argument is to keep...

Published 27 Feb 2009 12:45 PM by globoforce

Filed under: recognition in an ailing economy, company values and recognition, Comments on Articles and Research, strategic recognition, motivating employees

Applying the 5 Tenets of Strategic Employee Recognition in a Recession

It’s been interesting to me to see our five tenets of global strategic recognition come up time and again in the news and on HR blog sites as the effects of the recession continue to unfold. For example, in another Ask Christi article in Incentive Magazine...

Published 25 Feb 2009 12:38 PM by globoforce

Filed under: recognition in an ailing economy, recognition for all, company values and recognition, importance of executive buy-in, Comments on Articles and Research, strategic recognition

Motivating Employees When Merit Increases Are Cut

In this economy, many companies are trying anything to cut costs before turning to layoffs. We’re seeing variable pay and incentives components put under increasing budget pressure. Indeed, for many companies it may be a no-bonus year . And for other...

Published 23 Feb 2009 12:30 PM by globoforce

Filed under: recognition in an ailing economy, culture of appreciation, employee engagement, Comments on Articles and Research, motivating employees, reward choice, cash vs non-cash rewards

Are You Creating a Culture of Entitlement and Competition?

In an earlier post this week , I talked about a major problem with cash bonuses - they are often used to fulfill the wrong needs. In this post, I’ll cover two additional serious problems with using a cash-based award structure – entitlement and competition...

Published 20 Feb 2009 12:26 PM by globoforce

Filed under: recognition in an ailing economy, culture of appreciation, Comments on Articles and Research, motivating employees, high performance culture, cash vs non-cash rewards, operational excellence

What’s All the Recognition Fuss About?

Quite a lot, actually. The news headlines around the world in the last couple of weeks have been nailing bailed-out banks to the wall for trying to continue with traditional employee recognition junkets, senior executive bonuses and other schemes that...

Published 19 Feb 2009 3:53 PM by globoforce

Filed under: recognition in an ailing economy, culture of appreciation, Comments on Articles and Research, employee retention, Globoforce News, Customer Stories, cash vs non-cash rewards

Don’t Waste Your Time or Money on Unwanted Employee Rewards

If you’ve been reading my blog for any length of time, you know how important I believe frequent, timely and appropriate recognition of employee efforts is to increasing employee engagement, morale and productivity. However, these two examples I recently...

Published 18 Feb 2009 12:17 PM by globoforce

Filed under: company values and recognition, Comments on Articles and Research, strategic recognition, motivating employees, reward choice, cash vs non-cash rewards

Have You Been Wasting Your Money on Cash Rewards?

Yes, budgets are slashed to the bone for many companies. And the US and UK news is thick with headlines on the misappropriation of bailout funds to pay billions of dollars in bonuses to banking and financial institution executives. Lori Kletzer in a New...

Published 16 Feb 2009 12:22 PM by globoforce

Filed under: recognition in an ailing economy, culture of appreciation, Comments on Articles and Research, strategic recognition, cash vs non-cash rewards, operational excellence

Making the Most of Your Employee Recognition Investment

Terry Weaver, CEO of Chief Executive Boards International and author of the Chief Executive Boards blog recently wrote about his surprise at How Much Employee Motivation You Can Buy for $10. “I had an extended conversation about employee recognition with...

Published 13 Feb 2009 12:14 PM by globoforce

Filed under: recognition in an ailing economy, Comments on Articles and Research, strategic recognition, cash vs non-cash rewards

What Are Your Recession Resolutions for Employee Engagement?

CC Holland recently wrote in Bnet of "4 Recession Resolutions for Leaders" originally espoused by Jack and Suzy Welch. 1. Stay on the offensive. 2. Pledge to support and enforce integrity. 3. Address the Employee Free Choice Act. (a loosening...

Published 11 Feb 2009 12:11 PM by globoforce

Filed under: recognition in an ailing economy, culture of appreciation, recognition for all, company values and recognition, Comments on Articles and Research, strategic recognition, motivating employees

Manage Costs of Employee Recognition in 2009

Research firm Watson Wyatt recently released “Ten Principles for Managing Employee Reward in 2009.” While I don’t agree with all elements of the list, I do strongly agree with a comment by Carole Hathaway, head of strategic reward consulting at Watson...

Published 9 Feb 2009 12:02 PM by globoforce

Filed under: recognition in an ailing economy, culture of appreciation, company values and recognition, Comments on Articles and Research, high performance culture

February 2009 - DerekIrvineGloboforce

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