Let's be honest; this year has been tough. Social isolation, fear of the unknown, and a long list of canceled plans have been shared experiences by nearly everyone. As the holidays get closer, many people are wondering how to connect with people during this time of year. That's why this holiday season, Preciate decided to give away free virtual holiday party subscriptions powered by Preciate Social to a variety of organizations who could use some extra holiday cheer. These include organizations like nonprofits, educational institutions, and healthcare providers. All you have to do is let us know you're interested, and we will be in touch shortly.
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Slack is a workplace communication tool worth over $20 billion. It's popularity has been largely fueled by its ability to adapt to user needs quickly and its slick, user-friendly design.
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Remote work has become noticeably more popular the past few years, and now, it's more prevalent than ever. The global pandemic has caused companies as prominent as Facebook, Twitter, and Slack to make what may have once been a radical announcement: all employees can work from home forever.
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Depending on the nature of the company you work for, creating and maintaining a healthy work-life balance can be extremely difficult. When you work on the clock and have set hours, it's a bit easier to mentally separate time at work and time for yourself. On the other hand, if you're a new lawyer or working at a startup, your working hours are bound to bleed into your personal life.
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Employee engagement is an increasingly important metric for companies of all sizes to track throughout their lifetime. From employee satisfaction and happiness to retention and productivity, there are a huge number of benefits correlated to improving the level of employee engagement.
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Employee engagement has been getting a lot of attention recently. From the well-known Gallup survey to articles in Forbes and beyond, it's a topic that has infiltrated the world of business. And for good reason, too.
Engaged employees have been shown to perform better, be less likely to quit, and be happier and more motivated. For companies, this translates into higher profitability with the same number of employees. It's a win-win.
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Whenever the topic of employee engagement and performance comes up, it isn't long before people start talking about the concept of discretionary effort. A truly engaged employee will put in discretionary effort when it comes to their career.
But what does discretionary effort mean? Discretionary effort refers to the amount of additional effort, beyond what is already expected, that an employee is willing to put in to their work.
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Depending on where you work, the attitude towards recognition programs and employee engagement can range significantly. While some company leaders continue to believe that simply paying their employees is enough, a steady stream of modern research says otherwise. Rather than financial incentives, it's appreciation and the intrinsic motivation that comes from it that leads to optimal employee engagement and performance.
Let's jump into four of the most impactful benefits of peer-to-peer appreciation and what you can do to start getting those benefits today!
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Inspiration for Complimenting Your Coworkers
As we know, employee recognition is one of the most important areas to keep up with in the workplace; it can help with many companies' greatest concerns such as diversity and inclusion and employee motivation. Most of all, recognition feeds employee engagement, which leads to more employee happiness.
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Intuitively, one might assume that monetary incentives are the most effective reward system. People like money, so monetary rewards should increase effort and maximize productivity. Despite this common assumption, research shows that higher rewards don't always lead to more effort and employee engagement. Paradoxically, some studies have found the opposite can happen, a phenomenon known as "incentive reversal."