August 12, 2016

Employee Rewards Aren’t All About the Money (Infographic)

Written by
Aleks Peterson
Tags: HR

When it comes to driving employee engagement, you probably know that reward and recognition programs are important. But how important? What kind of programs work the best? How often do you need to use them?

A lot of companies mistakenly believe that money is the best and only incentive to which their employees will respond. According to a recent survey conducted by BambooHR, that’s not quite true. Monetary rewards are still key in helping employees feel appreciated, but there are plenty of other carrots you can use to get a team member moving.

ALSO READ: How HR Software Can Improve Performance Management

Check out this infographic, created by our friends at BambooHR, to learn:

  • What other rewards are sometimes more valuable than money
  • How men and women differ in their reward and recognition experiences
  • What 94 percent of satisfied employees have in common
employee reward and recognition infographic

Top Human Resources Software Recommendations

1 Rippling

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Rippling is the #1 Rated All-In-One HR Platform. You can onboard new hires in 90 seconds, and easily manage your company's payroll, benefits, HR, and IT -- all in one, modern system. It brings all of your employee systems and data together, and helps automate your busy work. Take onboarding, for example. With Rippling, you can click a button, and take care of a new hires' I-9, offer letter, payroll, health insurance, and more -- 100% online and paperless.

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2 monday.com

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monday.com is a collaborative platform that allows HR managers to manage the entire employee lifecycle in one place. Track the recruitment process of all candidates at a glance, onboard new employees with pre-made templates, plan team-building activities to engage current employees, and leverage data-driven insights with analytics built into your daily workflows. Finally, integrate monday.com with Gmail and 40+ tools you already use so the platform supplements your current workflows seamlessly.

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3 Paycor

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Processing routine HR tasks by hand and entering data in multiple systems can be time consuming and risky. That’s why leaders depend on Paycor for a modern, adaptable, and unified system for all things HR. From engaging employee self-service, mobile push notifications and company updates to unlimited workflows, reminders, and notifications, Paycor‘s HR software helps you get out of the weeds so you can focus on bigger priorities like attracting, retaining and developing employees.

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