Tag

employee engagement

Browsing

Our workforce is evolving into a multi-generational one. With rising Gen-Z and millennials, organisations must show employees they are invested in their development. LinkedIn’s 2018 Workforce Learning Report revealed that 93% of employees would stay longer at a company if it invested in their career development. But why do organisations benefit from investing in learning and development programmes? One of the direct benefits is retention. But that’s not the only plus point. Employees report that…

When employees perform well, take on more responsibility, or upgrade their skills, a pay raise is the most common way of recognising their efforts. Organisations may also offer non-salary benefits, such as a day off or dental coverage. When determining how to calculate the salary hike percentage, you will also need to consider the benefits. Often, an employer will offer a salary hike but not offer enough wellness benefits for its employees. Today, employees place…

A successful organisation fosters an environment of mutual respect and good communication between its employees and employers. The subject of salaries is among the primary topics of communication. Whether it is the clearance of salary arrears or an expectation of an increase, employees want transparency from their employers. Nowadays, salary revision depends on various factors, from performance to employee attitude. Also, it is not surprising that an employee may leave the company if he gets…

As employers, we must have often heard that ‘recognition is the biggest motivator’. And no matter in which era or industry, or with which work model we work, this saying remains true for all generations and all geographies. In fact, there exists a direct correlation between recognition and employee retention. According to a recent study by the US-based employee recognition company O C Tanner, as many as 63% of employees are less likely to leave…

Employees can be rewarded for their on-the-job performance through fixed pay and variable pay. Fixed pay can be defined as the payment received by the employee for doing standard tasks and duties on the job and flexible pay systems link the employee’s on-the-job performance on the specific jobs and the tasks assigned to him. Why should variable pay systems be implemented? These systems are usually implemented to influence employee behaviour. It is a form of…

The COVID-19 Pandemic has completely overhauled the way we used to work. What started as a temporary safety measure due to the pandemic is now the most preferred mode of working for a majority of the employees in the country – Work From Home. A study recently conducted by the job portal SCIKEY (Source) found that as many as 82% of its respondents, which included 100+ employees in senior leadership roles spanning over four continents,…