Intro to Bonusly - Employee Recognition and Rewards
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The document discusses the positive impact of employee recognition on engagement and retention, emphasizing a recognition-rich culture as a key driver. It highlights statistics showing that organizations with high employee engagement experience lower turnover rates and higher productivity and profits. Additionally, it outlines best practices for effective recognition and promotes a recognition platform that offers customizable rewards and analytics to support company culture.
Intro to Bonusly - Employee Recognition and Rewards
- 1. What is the impact of recognition? Part 1
- 2. Work has changed. Employees expect autonomy, growth, and purpose Your employees are comparing workplaces online Skilled work is in high demand
- 3. Companies in the top quartile of employee engagement levels compared to the bottom quartile: 31%LOWER VOLUNTARY TURNOVER 21%MORE PRODUCTIVE 22%HIGHER PROFITS Bersin & Associates by Deloitte,The State of Employee Recognition in 2012
- 4. A recognition-rich culture is the #1 driver of employee engagement and low turnover. Empowerment, positive feedback, & shared purpose
- 5. Employee recognition that works. Specific InclusiveVisibleFrequent Aligned with Values 5 best practices from Bersin & Associates by Deloitte
- 6. “...two of the most valuable psychological needs we have as human beings are the need to be appreciated and the need to belong. These needs are met through peer-to-peer thanks and recognition.” Josh Bersin Founder and Principal, Bersin & Associates by Deloitte SURVIVAL Food, water, sleep, etc. SAFETY Economic and physical security LOVE & BELONGING Social, team, friendship, family ESTEEM Recognition, respect, achievement SELF ACTUALIZATION Challenge, opportunity, learning Compensation, benefits, workplace safety Recognition-rich culture Career and development
- 7. How can recognition work for you? Part 2
- 8. Recognition that improves engagement. 32% said they were more satisfied with their job 45% said they were more likely to keep working with their company 78% said they were more likely to praise their colleagues
- 9. Recognition for every occasion. BirthdaysSpot bonuses Work anniversaries Peer to peer
- 10. Recognition where your employees work. In-office display Display recent Bonusly activity in your office to keep recognition front of mind Social integrations Access on any device Android and Apple mobile apps and a web-based platform you can access from anywhere
- 11. Recognition with effortless rewards. Global Bonusly catalog ● Gifts cards and donations ● Instant redemption ● No administration Custom rewards ● Promote your company culture ● Design your own creative rewards ● Fulfill rewards in-house
- 12. Recognition with detailed analytics.
- 13. Recognition that highlights your core values.
- 14. Recognition that practically runs itself. Seamless integrations Simple admin dashboard Dedicated Customer Success team
- 15. “Bonusly has helped build a culture of recognition tied to our company values.” Tom Freeman Culture Manager, Headspace
- 16. 1000+ companies worldwide use Bonusly for recognition that works
- 17. Recognition that works. Start a free trial today! No payment needed to start a 30 day trial. Get full access to the platform, our legendary Customer Success team, and an interactive getting started guide.