The importance of defining your company culture, office perks employees really care about, and how to create the ultimate total rewards strategy
The link between company culture and employee performance and retention.
A recent study on the Employee Experience by IBM and social recognition provider Globoforce revealed a direct link between company culture and employee performance and retention. There is a fine balance between dictating your company culture and allowing it to develop organically. Good leaders know the difference. If leaders fail to define company culture, someone or something will and that presents a huge challenge for companies.
The Office Perks Employees Really Care About
When it comes to helping applicants fall in love with your company, it’s important to recognize what a prospective employee is looking for in an employer. Your company should strive to meet the demands of this driven pool of future applicants in order to attract the best talent to your business. Here’s how to ensure you’re the most attractive employer out there when it comes to attracting the best new hires from the job market…
Is A Median Total Rewards Strategy Is Hurting Your Company?
You would never invest in an acquisition, capital equipment or any other business need without a clear idea of how much to pay for it and how to gauge the return on that investment. Yet many companies do just that when it comes to their most important and costly, asset — their people. It’s detrimental to offer the market median and expect to attract the right people. The same happens when executives design total reward strategies: They often offer same perks and benefits that their competitors do, neither lagging the market nor standing out. Here are 5 questions every HR leader should ask when designing an incredible total rewards strategy.