For HR leaders, performance appraisal is a fantastic opportunity to reiterate a culture of support, recognition, and guidance. Both employees and employers approach it from different perspectives. For employees, it signifies the outcome of all their hard work. For employers, on the other hand, performance management is an opportunity to steer employee performance and productivity…
Month: May 2024
10 Things To Do In 2024 For Employee Recognition
Employee recognition is a strategic tool that companies can utilize to drive business growth by motivating employees to increase productivity. However, employees must be rewarded with just the right programs to achieve that. For a long time, HR leaders have been following templatized programs that fail to excite or create any value. Employers must pay…
10 Best Channel Partner Incentive Programs To Boost ROI
Channel partners are often a critical sales channel for businesses across industries. Keeping them motivated and nurtured is essential to ensure long-term association with them. For this, companies rely on channel partner incentive programs. Despite putting together a rewards program, businesses find fading interest in partners. This is mostly because the incentives usually remain unchanged….
Tips To Improve Sales Through Channel Partners
Companies could have the best of offerings and an amazing sales team, but that will all hit a productivity limit because there are only so many hours in a day. While expanding the current sales team may seem logical, it can be expensive and takes up a lot of time. However, companies have another alternative…
Channel Partner Program: Enhancing Business Growth Through Incentives
For businesses to grow, they must expand their reach into newer markets and build a wide network of sales operations. This may be an expensive undertaking for SMEs. For this reason, most businesses rely on channel partner programs. These partners can be distributors, resellers, brokers, or agents who promote your business offerings and drive revenue….
Maximizing Channel Partner Performance: 12 Critical KPIs To Measure
In the current economy, partnerships are essential for businesses to ensure profitability. Quite a few companies depend on channel partner networks to achieve success through expansive market reach and unparalleled marketing. However, setting up a channel partner program is just one part of the strategy. You must ensure that your partners are driving growth and…
Innovative Employee Recognition Ideas For The Modern Workplace
Rewards and recognition are the most underrated programs that companies use to improve employee motivation. Even the companies that organize events to reward top-performing employees follow such a templatized and impersonal format that it fails to bring desired results. Companies need to understand that the rewards and recognition program is not just about awards, but…
Leveraging Employee Rewards for Employee Appraisal
Recognition has emerged as the top driver of ‘great work’ with 37% of employees voting for it in a survey by Great Place to Work. And one way a company recognises their employees is through appraisals. Appraisals are probably the most important professional event for employees. It typically signifies the day that their efforts will…
