Vantage Circle

MARCH 25, 2024

By integrating employee recognition strategies into plans, companies can harness the force of acknowledgment to cultivate a corporate culture that draws in, motivates, and retains top performers. The employee recognition scene for 2024 presents a multitude of thrilling opportunities. So, let’s begin!

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Vantage Circle

MAY 15, 2024

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. Treating everyone the same when it comes to rewards is outdated.

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Vantage Circle

MAY 21, 2024

This isn't just about manners; it's about the profound impact of recognition on our brains and behaviors. Understanding the psychology of employee recognition reveals why simple acts of appreciation, such as a 'thank you' or a public commendation, have such a profound impact on workplace morale and productivity.

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Up Your Culture

SEPTEMBER 6, 2023

According to Engage 2023: The Company Culture Report , an overwhelming 76% of employees are not satisfied with the amount of recognition they receive at work. When people receive recognition for their work, they immediately desire to repeat the positive behaviors that lead to success.

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Vantage Circle

NOVEMBER 10, 2022

Employee engagement improves work culture, reduces turnover, increases productivity, builds better work and customer relationships, and affects the organization’s bottom line. Instead of working alone, employees are more productive and feel more connected to the organization when they collaborate.

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Vantage Circle

MAY 21, 2024

This isn't just about manners; it's about the profound impact of recognition on our brains and behaviors. Understanding the psychology of employee recognition reveals why simple acts of appreciation, such as a 'thank you' or a public commendation, have such a profound impact on workplace morale and productivity.

Professional development 52

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Vantage Circle

JUNE 13, 2023

Granting employees rewards and recognition can be likened to a delicate sprinkling of ethereal fairy dust upon them. Rewards serve as a profound expression of genuine appreciation and an enchanting celebration of their invaluable contributions. People work for money but go the extra mile for recognition, praise and rewards.

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Vantage Circle

MARCH 5, 2024

And when it comes to employee recognition , the traditional one-size-fits-all approach has become outdated. This calls for recognition programs to be equally adaptable and technology driven. Hence, the need for modern employee recognition programs has become significantly important. The primary reasons for this include: 1.

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Vantage Circle

APRIL 28, 2024

Recognized Employees = Productive Employees. According to a SHRM survey over 91% of HR professionals believe that recognition and rewards make employees more likely to stay. According to a survey conducted by Achievers, 83% of HR leaders said that recognition programs had a positive impact on employee engagement.

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Vantage Circle

MARCH 28, 2022

A points based rewards system is one of the most powerful and effective ways to motivate and recognize employees. They work well in driving organizational outcomes like engagement, productivity, and retention. And how to build a points-based rewards program? What Is A Points Based Rewards System? But why do they work?

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Vantage Circle

MAY 20, 2024

These tools are crafted to create a positive and productive work environment. They contribute towards overall well-being and engagement levels by facilitating ease in communication, recognition, feedback, and other aspects. Types of Employee Engagement Tools There are five main types of Employee Engagement software.

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Vantage Circle

APRIL 20, 2023

However, while individual performance is frequently rewarded with raises, promotions, and bonuses, team performance is frequently overlooked or undervalued. But team-based rewards can fill that gap for an organization. What are Team-Based Rewards? Team-based rewards can be classified into two types: monetary and non-monetary.

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Vantage Circle

SEPTEMBER 28, 2023

If you are a leader or an HR, you have a pretty good idea of how difficult it is to create a culture of recognition. And that is something this blog will cover and give you a good headstart on how you can start your employee recognition program. Key Takeaways Understand what a recognition program is. Only 52.6%

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Vantage Circle

APRIL 23, 2024

Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration. Join us to elevate employee recognition and unleash your employees' full potential.

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Vantage Circle

JUNE 18, 2023

Specifically, greater scope for personal achievement and recognition, more challenging and responsible work, and more opportunity for individual advancement and growth. Recognizing and rewarding achievements, fostering appreciation and motivation. No wonder a well-designed rewards and recognition program can drive an 11.1%

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Vantage Circle

FEBRUARY 16, 2024

One such impactful approach to appreciating an employee is instant recognition. To further cement your efforts about employee recognition , this article will help you with the little things associated with it. Key Takeaways The Concept of Instant Recognition. Why Instant Recognition Matters. Let's delve in!

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Vantage Circle

JANUARY 31, 2024

Employee recognition is vital for boosting morale, engagement, and retention in any organization. Employee Recognition Badges for Digital Recognition provide a visible, shareable way to acknowledge contributions, milestones, wins, values, and more. What are employee recognition badges?

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Vantage Circle

JUNE 16, 2023

How would you rate the level of support and recognition you receive from your immediate supervisor? Employee Recognition Employee recognition is essential for creating a motivated workforce, driving employee engagement, and enhancing overall organizational success. Which is where Vantage Rewards comes in.

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CMOE

JUNE 5, 2024

To encourage organizations to invest in and prioritize employee engagement, here are 5 insights that highlight how engagement builds high-performance teams: Higher Productivity : Companies with engaged employees experience at least 17 percent more productivity than those with disengaged employees.

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Vantage Circle

MARCH 16, 2022

A spot award or on-the-spot recognition is one of the best and quickest ways to deliver meaningful rewards to your employees. Unlike service awards or "employee of the month" awards , today, spot awards are more commonly offered in traditional reward systems. They are instant rewards. What Is A Spot Award?

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Vantage Circle

AUGUST 22, 2022

Employees who work in appreciation-based cultures are empowered, loyal, and productive. According to a survey , 37% of respondents believe personal recognition would encourage them to produce better work more frequently.). 5x employees are less likely to leave their organization when employee recognition hits the mark.).

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Vantage Circle

SEPTEMBER 20, 2022

In this article, we'll explore what The Great Resignation is and ways you can mitigate its impact on your workforce through meaningful employee rewards & recognition programs. What Is Employee Recognition? Employee Recognition During Times of Crisis. The time calls for cultures with a high level of recognition.

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Vantage Circle

OCTOBER 17, 2022

Employees who are more engaged are more likely to maximize productivity and performance and go above and beyond to do a great job. Don’t Ditch Recognition. According to an SHRM study , 79 percent of millennial and Gen Z respondents agreed that greater rewards and recognition would boost their loyalty to their job.

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Vantage Circle

OCTOBER 17, 2022

The ultimate goal of the business anniversary is to promote your business by introducing new prospects and encouraging repeat customers to continue patronizing your product or service. Launching special products or services can make this company's milestones extra special. Incentivize With Rewards. The Execution.

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Vantage Circle

JANUARY 25, 2024

Well, this blog is about leveraging the employees' journey for enhanced productivity. It is to support their professional and personal goals, boosting morale and productivity. This includes regular feedback, good work atmosphere, recognition, and a good work-life balance. And how are you going to do that?

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Vantage Circle

JANUARY 24, 2024

They involve meaningful interactions, skill development, recognition programs, and opportunities for employees to contribute their ideas and feedback. They focus on physical and mental health, reducing stress, and enhancing productivity. It fosters a sense of recognition among colleagues and strengthens team bonds.

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Vantage Circle

MARCH 21, 2023

They tend to be less productive, have commitment issues, and are less likely to stay with the organization. But if an organization has leaders that are poor in fulfilling their responsibilities, it hinders the overall performance and productivity of the employees. But first: What is Low Employee Engagement?

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Vantage Circle

MAY 17, 2023

By investing in your employees' happiness and well-being, you can create a positive work environment that drives productivity and success. It can create an environment fostering innovation, creativity, and collaboration, increasing productivity and employee satisfaction. Another factor is a lack of recognition or appreciation.

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Vantage Circle

JANUARY 31, 2023

Productivity: Employees who are more engaged are considered to be the best performers in the organization. Profitability: Because they are more productive and boost the organization’s bottom line, more engaged employees typically have greater profitability rates. Their time = the reward.

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Vantage Circle

JANUARY 28, 2024

This involves improving company culture, introducing employee recognition programs, conducting surveys to measure engagement levels, etc. It primarily concerns employees' emotional connection, recognition, communication, and empowerment in their current roles. This goes on to improve job performance.

Company Culture 101

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Vantage Circle

DECEMBER 26, 2022

Beginning a peer-to-peer recognition program can be an excellent way to boost morale and motivation within a group or organization. What Is Peer-to-Peer Recognition? Peer-to-peer recognition occurs when peers acknowledge or appreciate an individual's accomplishments or contributions. Increasing productivity.

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Vantage Circle

FEBRUARY 3, 2021

Greater productivity and performance. Reward And Recognize In A Meaningful Way. The reason why companies fail at engaging their employees is that they could rarely do recognition right. Even though you might be having some sort of reward program at hand, it’s essential to figure out if it is the right one for your workforce.

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Vantage Circle

NOVEMBER 22, 2022

Employee recognition is an integral part of healthy company culture. It is a key point determining a company’s growth and productivity. Impacts Of Employee Recognition on Organizational Success It promotes a Robust Corporate Culture Employee appreciation gives birth to a company culture of kindness, empathy, and motivation.

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Vantage Circle

MAY 24, 2024

In the present scenario, recognition has become a key aspect of creating a thriving workplace. It serves as a powerful motivator for employees that validates their endeavors to produce exceptional work and inspires them to strive for excellence and drive productivity. You may wonder how to proceed with the nomination process.

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Vantage Circle

MAY 24, 2024

In the present scenario, recognition has become a key aspect of creating a thriving workplace. It serves as a powerful motivator for employees that validates their endeavors to produce exceptional work and inspires them to strive for excellence and drive productivity. You may wonder how to proceed with the nomination process.

Performance 52

Performance Creativity Leadership Solution 52

Vantage Circle

AUGUST 2, 2023

Often, this oversight can lead to job stress, high employee turnover, lack of productivity, and low profit. Organizations that offer meaningful benefits and perks to fulfill these needs experience high employee retention, productivity, overall employee satisfaction, better growth, and success. What are Employee Perks?

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CMOE

MARCH 5, 2024

At the heart of such leadership lie two pivotal qualities: recognition and accountability. Recognition (the act of acknowledging and rewarding team members’ contributions) and accountability (the act of taking responsibility for outcomes and adherence to standards) must be balanced delicately to achieve the desired impact.

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