Tag Archives: Employee Gratitude

Employee Recognition: The Rise of Virtual Rewards

gThankYou! Employee TrophyA new study has shown that employees are increasingly favoring virtual rewards over those which come with a specific dollar value, according to research by gamification platform Badgeville, and employee motivation company Make Their Day!

What are Virtual Rewards?
Virtual rewards are ways of providing employee recognition without using financial incentives, and they’re currently thriving in companies nationwide. Virtual rewards can come in many forms, including but not limited to:

  • Praise and recognition from an immediate manager or peers
  • Opportunities for growth – such as leading a team
  • A better title/more responsibilities in the workplace
  • Reward for achieving workplace goals
  • Just plain fun!

Virtual rewards are often used through gamification; a process gaining popularity using the principles of game play in a non-game application. BunchBall provides a useful white paper on Gamification 101, if you are new to all this. Out of the employees surveyed, 88 percent said they find virtual recognition from their managers “extremely motivating”.

The Benefits
The report’s findings showed that 83 percent of employees felt that they got more satisfaction from recognition at work than particular rewards of monetary value. Not only that, but 71 percent claimed the most meaningful recognition they’d ever received cost nothing at all!

Cindy Ventrice, president of Make Their Day! and author of ‘Make Their Day! Employee Recognition That Works’ says: “The value of non-tangible recognition is clearly identified in our findings. Workplace technology today, such as gamification, provides many new opportunities for non-tangible recognition. With nearly one-fifth of meaningful recognition being delivered virtually, it is clear that these methods can be effective.”

Growing Popularity
According to Incentive Magazine, the research showed 70 percent of employees found rewards meaningful to them even though they did not come with a monetary price tag – that’s an increase of 57 percent from six years ago.

“It’s about status and employee recognition. They are giving meaningful virtual rewards for exceptional work. They deliver what employees and consumers actually want, which is emotional reward”, stated Gabe Zichermann, founder of Gamification Corp.

The study was conducted using responses from over 1,200 workers from a diverse range of industries to establish what drives and motivates them to perform well in the workplace.

Cryptocurrency for Employees
Perhaps you’ve heard of Bitcoin? It’s already been adopted by many merchants, and now companies are beginning to explore the possibility of using this cryptocurrency (digital currency) as a kind of reward system for employees.

One company, called Recognize, has already created a mobile app supporting Bitcoin as an alternative way to reward workers.

Mario Herger, the enterprise gamification scheme’s designer and Austrian Innovation Center’s CEO based in Silicon Valley, said: “Tangible rewards like  money can lead to disengagement.”

He went on to say: “Yet, there are a lot of scientific examples where giving people money rewards other than salary means that people are interested in going the last mile.”

That’s why Bitcoin seems to be one solution; it’s not really money, but it works well, if not better.

A Tool to Add to Your Recognition Program
Virtual rewards are proving a great way to yield satisfied and motivated employees in the workplace, so why not consider adding virtual rewards to your recognition program today?

Ken Comee, CEO of Badgeville said: “The results of the Make Their Day! study aligns to what we’ve seen across our customers deploying gamification solutions for workplace engagement, as well as numerous reports over the last few years on the changing face of what motivates employees today. Workers of all ages, especially the rising millennial population, are motivated by real-time feedback, fun, engaging work environments, and status-based recognition over tangible rewards.”

Remember, personal recognition by management should never be eliminated by virtual rewards. Instead, think of virtual rewards as an additional way to motivate and positively engage with employees within your company; and as a tool that’s particularly valuable for engaging millennials.

Does your company currently use virtual rewards?  How do they work in your workplace?

Want to learn more about the role of employee recognition for engagement and the long-term health of your business?  You’ll enjoy our FREE eBook below:

gThankYou! Ultimate Guide to Employee Gift-Giving

About gThankYou, LLC

Turkey Gift Certificates and Turkey Or Ham Gift Certificates by gThankYou! are two of America’s favorite employee gifts and can be redeemed for any Brand (Turkey or Turkey Or Ham), at virtually any Grocery Store in the U.S.

gThankYou, LLC provides company leaders with a variety of easy, meaningful and affordable ways to recognize and reward employees, holiday time or anytime.  gThankYou! Certificates of Gratitude and our free Enclosure Cards are personalizable including incorporating your company logo. And, nearly all orders ship same day.

gThankYou, LLC (www.gthankyou.com) is based in Madison, Wisconsin.  Contact:  Rick KileyChief ThankYou! Officer, gThankYou, LLC at info@gthankyou.com or 888-484-1658.
Follow the Company Blog –  “Celebrating Work”.
Join the Conversation @gThankYou 
Watch our gThankYou! YouTube Video – “Learn More About Us”.

“G” logo and “Certificates of Gratitude” are trademarks and “gThankYou” is a registered trademark of gThankYou, LLC.

Advertisements

Spark Employee Retention and Gratitude this Independence Day

gThankYou! - American Flag

Happy 4th of July!

Will your employees get paid time off for the 4th of July? Should they? The wrong answer could lead to fireworks in your office. The right one could help you attract and retain the best employees.

Human Resources guru, Michael Haberman gets this question all the time: “Do I have to pay my employees for holidays?” Last July 5, in honor of Independence Day, he blogged about it at Omega hr Solutions, Inc.’s website in “Holiday Pay for the 4th of July”.

The answer to the question, he says is, “as often occurs in HR, ‘it depends.’” Here’s what Haberman says it depends on:

  • In the private sector, under the U.S. Department of Labor’s Fair Labor Standards Act (FLSA), if employees are classified as non-exempt there’s no requirement to pay them for holiday hours they spend not working. You can pay them for holidays at your company’s discretion and as a matter of company policy and past practice.
  • If your company pays employees for a holiday, it DOES NOT have to be counted as time worked in the calculation of overtime.
  • In the private sector, if employees are classified as exempt, you must pay their entire salaries for weeks in which holidays occur, regardless of whether they work the holidays or not. If they don’t work the holidays you can’t dock their pay.
  • Union contracts or status as a state employee will alter these requirements.

So, be sure you follow FLSA guidelines this 4th of July. And consider your policies for offering other types of paid leave, such as vacation, sick and personal days. SHRM’s survey report, Examining Paid Leave in the Workplace, says:

“An attractive employer-sponsored benefits program makes it easier for organizations to retain and attract great employees. Leave programs are crucial to an employee’s overall benefits package.”

The report advocates combining leave policies into one personal time off, or PTO block, to make administration easier and reduce costs.

What’s your philosophy on leave pay, and how does it affect your employees’ morale?

Michael Haberman is known as “THE HR COMPLIANCE GUY” of Omega hr Solutions, Inc. He’s also an instructor at the University of Georgia’s School for Professional Education and Emory University’s School for Professional Education, teaching human resources management. You can follow Mike Haberman on Twitter (Mike Haberman@MikeHaberman).

About gThankYou, LLC

Turkey Or Ham Gift Certificates by gThankYou! are one of America’s favorite employee gifts and can be redeemed for any Brand whole Turkey or half or whole Ham, at virtually any Grocery Store in the U.S.  

gThankYou, LLC provides company leaders with a variety of easy, meaningful and affordable ways to recognize and reward employees, holiday time or anytime.  gThankYou! Certificates of Gratitude and free Enclosure Cards are personalizable including incorporating your company logo, and ship same day.

gThankYou, LLC (www.gthankyou.com) is based in Madison, Wisconsin.  Contact:  Rick Kiley, Chief ThankYou! Officer, gThankYou, LLC at info@gthankyou.com or 888-484-1658.
Follow the Company Blog –  “Celebrating Work”.
Watch our gThankYou! YouTube Video – “Learn More About Us”.

“G” logo and “Certificates of Gratitude” are trademarks and “gThankYou” is a registered trademark of gThankYou, LLC.

Five Ways to Feel Grateful

According to Mike McCullough, Director of the Evolution and Human Behavior Laboratory at the University of Miami, it seems gratitude soothes the savage beast in all of us.  Not that anyone is actually a beast, but research supports that by showing your employees gratitude, not only does it help them – it also helps you feel happier and remarkably, sleep better.

gThank You! Gratitude The New York Times posted this interesting data in a fascinating article by John Tierney, Findings: A Serving of Gratitude May Save the Day.

“Cultivating an ‘attitude of gratitude’ links to better health, sounder sleep, less anxiety and depression, higher long-term satisfaction with life and kinder behavior toward others, including romantic partners. A new study shows that feeling grateful makes people less likely to turn aggressive when provoked.”

Show Gratitude During the Holidays
A Clinical Psychology Review study by Alex Wood et.al
lays out the details if you are interested.  So if you missed the opportunity to show employees your appreciation at Thanksgiving, the upcoming Holiday season gives you a second chance.

Gratitude Lite
Not feeling it? The Times quotes the University of California, Davis’ Robert Emmons , author of Thanks! and other books on gratitude. Emmons recommends starting out with “gratitude lite.” He and colleague Michael E. McCullough of the University of Miami conducted experiments, asking people to keep a brief, weekly “gratitude journal” listing five things they felt thankful for, like a beautiful sunset or a friend’s kindness.

After two months, the journalers were more optimistic, felt happier, reported fewer physical problems and spent more time working out, than control group members . They also fell asleep more quickly at night, slept longer and woke up feeling more refreshed.  Wow!

Five Ways to Feel Grateful
The New York Times article includes five tips experts offer for getting in the spirit:

  1. Do something nice for a family member:
    Do one small kindness for a relative at your holiday celebration – listen attentively to yawn-worthy recollections, say thank you for a thoughtful gesture, or express admiration for a talent.
  1. Turn the other cheek:
    If you count your blessings, you’ll be less likely to retaliate if a coworker or family member delivers a typically snarky comment. Say something positive instead and awaken that person’s empathy—they’ll pass the gratitude along.
  1. Share the wealth:
    When you show gratitude, people realize they mean a lot to you, perhaps more than they thought. It’s a great way to uplift yourself and others.
  1. Pay a gratitude visit:
    Write a very specific 300-word letter to someone who has changed your life for the better. Deliver it in person and read it aloud. “You’ll be happier in one month,” guarantees University of Pennsylvania’s Martin Seligman in a New York Times quote from his book, Flourish.
  1. Seek “deep gratitude”:
    The New York Times quotes Emmons:  “As a culture, we have lost a deep sense of gratefulness about the freedoms we enjoy, a lack of gratitude toward those who lost their lives in the fight for freedom, a lack of gratitude for all the material advantages we have. The focus of [the holidays] should be a reflection of how our lives have been made so much more comfortable by the sacrifices of those who have come before us.”

Recognize Your Employees
Got your gratitude on?  This holiday season, thank your employees for their diligence. Be specific about how their efforts have fostered your organization’s growth and success in 2011. We’ve said it before, but a holiday Turkey Or Ham Certificate of Gratitude from gThankYou says “We appreciate all you do for us”.  Pass along the gratitude – you and your recipient will both benefit.

Happy Holidays!

About gThankYou, LLC

gThankYou! Turkey Gift Certificates are one of America’s favorite employee gifts and can be redeemed for any Brand whole Turkey, at virtually any Grocery Store in the U.S. 

gThankYou, LLC provides company leaders with a variety of easy, meaningful and affordable ways to recognize and reward employees, holiday time or anytime.  gThankYou! Certificates of Gratitude and free Enclosure Cards are personalizable including incorporating your company logo, and ship same day.

gThankYou, LLC (www.gthankyou.com) is based in Madison, Wisconsin.  Contact:  Rick Kiley, Chief ThankYou! Officer, gThankYou, LLC at info@gthankyou.com or 888-484-1658.
Follow the Company Blog –  “Celebrating Work”.
Watch our gThankYou! YouTube Video – “Learn More About Us”.

“G” logo and “Certificates of Gratitude” are trademarks and “gThankYou” is a registered trademark of gThankYou, LLC.