Retain Top Talent
8.0K views | +0 today
Follow
Retain Top Talent
Hiring top talent is only the start. Now you have to work hard to keep your very best talent. Most companies stink at structured and systematic retention of their top performers. Discover how to prevent turnover and keep your best people.
Curated by Barry Deutsch
Your new post is loading...
Your new post is loading...
Scooped by Barry Deutsch
Scoop.it!

Employee Recognition is Key to Fighting Turnover

Employee Recognition is Key to Fighting Turnover | Retain Top Talent | Scoop.it
Learn how real-time employee recognition is an effective fiscal measure in fighting the costly impact of employee turnover.
Barry Deutsch's insight:

Although the example used in this article was about dissatisfaction among nurses not finding meaning in their work" the exact same issues affect your employees regardless of industry. Are you leveraging recognition and appreciation to motivate, engage, and help show employees how they matter to your success?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Why employers need to recognize employees

Why employers need to recognize employees | Retain Top Talent | Scoop.it
Since remote workers are "out of sight, out of mind," some employers may neglect formal recognition. That's a mistake, experts say.
Barry Deutsch's insight:

This is exactly what I am seeing over the last 6 months at many of my clients - a decline in employee engagement activities like celebrations, fun, team building, recognition, one-to-ones - all because your team members are out of sight - out of mind.

 

We should be doing the opposite - and reinvigorating our efforts around engagement, recognition, automony, development, training, coaching, mentoring - all the activities and initiatives that lead your employees to want to lean in and show discretionary effort like proactivity, initiative, doing more than asked, being inquisitive, problem solving VS. just trying to survive and do the minimum so they can stay on your payroll system.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

12 Employee Rewards for Every Occasion

12 Employee Rewards for Every Occasion | Retain Top Talent | Scoop.it
Find out what types of employee rewards can help your organization increase engagement, productivity, retention, and overall employee satisfaction.
Barry Deutsch's insight:

I cannot stress enough the importance of a vibrant employee recognition and reward program. Here are some additional ideas to consider in recognition and rewards. Next to the lack of NOT defining success, a weak or non-existent recognition and rewards program is the secon reason you see a lack of engagement and productivity in your organization.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

The Science of Employee Recognition and Rewards

The Science of Employee Recognition and Rewards | Retain Top Talent | Scoop.it
Think employee recognition is fluff? Think again. This stats-driven guide reveals the value of employee recognition, plus how it can transform your company.
Barry Deutsch's insight:

More statistics on the value of having a good employee engagement and recognition strategy and process.

 

"81% of employees say they’re motivated to work harder when their boss shows appreciation"

 

That by itself should be enough of an incentive to create a good program. Most companies recognition and engagement programs are either non-existent, left up to individual managers, or so superficial they border on useless.

 

Second most important element in driving productivity. We wonder as CEOs and senior execs why the productivity of the organization is so bad compared to where it should be.

 

When people don't feel engaged and appreciated, they give you the absolute rock bottom minimal level of effort that they think you'll tolerate without firing them. Shameful!

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Types of Employee Recognition and Rewards - Bonusly

Types of Employee Recognition and Rewards - Bonusly | Retain Top Talent | Scoop.it
There are many ways employers recognize staff contributions, but there are two main divisions between employee recognition styles: top-down, and peer-to-peer.
Barry Deutsch's insight:

I liked the breakdown of different kinds of recognition - and opportunites to recognize your employees. The key is to put in place a rigorous system of recognition vs. a random process based on what each managers wants to do.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee Recognition Mistakes To Avoid

Employee Recognition Mistakes To Avoid | Retain Top Talent | Scoop.it
According to a recent study, 80 percent of employers have some type of employee recognition program in place.
Barry Deutsch's insight:

Almost all of my clients have some element of a recognition program in place. This article does a great job pointing out the mistakes and errors many employers make in launching or managing these programs.

 

Are you guilty of any of the recognition program mistakes or errors listed in the article?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Should Organizations Reward Employee Performance or Behaviour?

Should Organizations Reward Employee Performance or Behaviour? | Retain Top Talent | Scoop.it
This article can help organizations who are often faced with this dilemma – whether to reward employee performance or behaviour.
Barry Deutsch's insight:

I get this question a lot from my clients related to what are we measuring and how are we recognizing it in our people? Is it more about performance or behaviors?

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Dos and Don’ts of Effective Employee Recognition - BambooHR Blog

Dos and Don’ts of Effective Employee Recognition - BambooHR Blog | Retain Top Talent | Scoop.it
Learn best practices that can help you develop a top-notch employee recognition program—and avoid common pitfalls.
Barry Deutsch's insight:

Good article by BambooHR on the Dos and Don'ts of employee recognition. As I indicted earlier, many companies have just zoned out on the need to increase employee recognition, rewards, sensitivity, empathy during COVID. My argument is that we should all be doubling down to show how much we appreciate our employees.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

Employee recognition - how do you stack up? Quiz

Employee recognition - how do you stack up? Quiz | Retain Top Talent | Scoop.it
How good is your organisation at employee recognition? See how you stack up against The Applause Index!
Barry Deutsch's insight:

Here's an interesting quiz on identifying where you are in having a systematic, structured, organized, planned approach to employee recognition.

No comment yet.
Scooped by Barry Deutsch
Scoop.it!

5 Best Ways to Recognize the Work of Remote Employees | RingCentral Blog

5 Best Ways to Recognize the Work of Remote Employees | RingCentral Blog | Retain Top Talent | Scoop.it
Google has a unique approach to employee recognition.In addition to compensation and other perks, Google uses a digital tool called “The Wall of Happy,”...
Barry Deutsch's insight:

Loved the Wall of Happy described in this article. The statistic that rocked me a little was the one about 4 out 5 employees indicated they would work harder if praised/patted on the back.

No comment yet.