Industry News: July 2015

November 23, 2015 Perks Incentive Programs

The 10 Company Culture Metrics you Should be Tracking Right Now
Entrepreneur
Everyone loves company culture.  And everyone loves metrics.  However, business leaders have had a hard time putting the two together in a meaningful way. Culture has long been regarded as a “soft” topic — too intangible, subjective and elusive to measure and track. This has made it challenging to know how to align culture with business success…Link to complete article (opens in new window)

Tom Brady Passes a Lot: Why Marketers Shouldn’t Rely on Volume-Based Metrics
Huffington Post
Many marketers focus on volume-based metrics to measure results which is like measuring Tom Brady’s success based on passes attempted. Marketers need to go deeper…Link to complete article (opens in new window)

Show Me the ROI
CLO Media
Everywhere you look, return on investment seems to pop up. Sometimes it’s a buzzword to reflect any type of value. At other times, it’s a calculation using standard financial principles. We are often asked if top executives really want to see ROI from learning — they do…Link to complete article (opens in new window)

Want to Keep Your Best Employees? 4 Strategies that Work.
Business News Daily
To improve retention, employers must develop more structured and personalized career paths for their workers, especially the youngest ones, said Jim Link, chief human resources officer for Randstad North America… Link to complete article (opens in new window)

3 Ways to Attract and Retain Millennial Employees
Fox Business
Companies today are rightly concerned about attracting and retaining Millennials, individuals who are between 20-35 years old.  By 2025 Millennials will comprise 75% of the global workforce… Link to complete article (opens in new window)

Employers Hustle to Retain Job-Hopping Workers
USA Today
Companies are scrambling to hold on to workers amid a tightening labor market and higher turnover, doling out bigger raises, expanding benefits and providing more training and other perks… Link to complete article (opens in new window)

The 6 Steps for Retaining Good Employees
Forbes
A dedicated customer support employee left the company last month to pursue a career in recruiting and HR.  I was surprised that she didn’t think to ask if there were internal positions that could give her a similar opportunity, since we’re a recruiting company ourselves. I reached out to her thinking she might have been unhappy and that prompted her to leave… Link to complete article (opens in new window)

5 Psychological Theories That Every Leader Should Know
Business2Community
The five psychological theories that I’ll go through today are only scratching the surface of the amount of research that’s out there on what affects human behavior. Humans are so fragile and complex, and we haven’t even come close to fully understanding how our minds work —although incredible progress has been made.
Read more at… Link to complete article (opens in new window)

Lessons on Building Company Culture from the Chicago Blackhawks
Huffington Post
Winning a championship in any professional sport is a war of attrition. Getting to the top in the National Hockey League takes added resolve and finesse. An 80-game season alone takes its toll on teams. Then there is the regrouping for a grueling playoff run, in which each game compounds the drama and tests the mettle of players, coaches, and front offices. There are no hacks or shortcuts when it comes to winning the Stanley Cup… Link to complete article (opens in new window)

Here’s More Proof That Millenials Are The ‘Giving Generation’
Huffington Post
Though millennials are often stereotyped as lazy, selfish and entitled, new research has again shown that donating to charities and volunteering are important to today’s young professionals. Eighty-four percent of the 1,584 millennial workers surveyed made a charitable donation last year, according to the 2015 Millennial Impact Report. The findings, conducted by the consulting firm Achieve, shed light on what motivates millennials to participate in company-driven charity work. According to the report, millennials’ relationships with their peer coworkers were more influential than their relationships with their managers when it comes to motivating them to participate in cause work… Link to complete article(opens in new window)

Preparing For Successful Organizational Culture Change
Forbes
While most of your employees likely understand that their primary responsibility at work is — well — to work, I’m going out on a limb here and guessing that they don’t want to be treated like mindless drones in the process. In today’s hyper-connected world, employees are making their voices heard: They want to join organizations that stand for something. They want to align themselves with a corporate culture that fits their own beliefs and values. A place where they can bring their best selves and

Bad Attitudes can sap workers’ energy and productivity
Twin Cities Pioneer Press Business 
Thriving is that feeling where you are on your game, making progress in growth and development, and energized, Spreitzer said. And that psychological resource helps buffer workers from the impact of de-energizers…Link to complete article (opens in new window)

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Perks is an incentive program provider focused on helping organizations reach their goals.

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