Too often we believe that throwing money at a problem solves it
Boston, MA and Toronto, Canada (PRWEB) April 28, 2011
As the competition for talent and employee retention becomes a greater focus, companies are seeking more results driven and cost effective rewards and recognition programs. I Love Rewards, the leader in employee rewards and recognition solutions, announces today its webinar on May 17 at 1pm ET, The 1% Solution: How to Effectively Manage Your Rewards and Recognition Budget. Join Paul Hebert, Managing Director of I2I, and David Brennan, COO & CFO of I Love Rewards, as they discuss how budgeting just 1% of salary for
recognition will build a motivated workforce and boost bottom line results to take your company from surviving to thriving.
"Too often we believe that throwing money at a problem solves it," says Paul Hebert, Founder and Managing Director of I2I. "However, it's not the amount of money - but how and where you apply that money that really changes the game. In fact, less is sometimes more when it comes to recognition and reward strategies."
What you will learn during The 1% Solution: How to Effectively Manage Your Rewards and Recognition Budget:
- A comprehensive understanding of what motivates people in the workplace
- The impact and importance of recognition in driving performance
- 5 best practices on creating an effective recognition budget
- A case study of an organization that consolidated all of their employee programs to launch a successful reward and recognition program using the 1% solution
"Employees are a company's greatest asset and leveraging recognition as validation for their hard work increases engagement and encourages repeatable behavior," says David Brennan, COO & CFO, I Love Rewards. "Non-monetary recognition paired with performance-based rewards is a dynamic practice that will help companies deliver the level of motivation needed to drive results and push growth as the economic climate improves."
Following an extensive period of cost containment and hiring freezes, companies are slowly seeking sustainable engagement solutions. Join Paul Hebert and David Brennan during their complimentary webinar, "The 1% Solution", on Tuesday, May 17, from 1-2pm ET to learn how to make the most out of your budget and maximize ROI with an effective reward and recognition solution.
Sign up for this informative webinar today to ensure that your company is optimizing employee productivity through a wisely spent recognition budget.
About I Love Rewards:
I Love Rewards is an employee recognition solution that helps companies recognize brilliant performance and empowers employees to choose their own rewards. Unlike traditional service award programs, I Love Rewards creates authentic moments of recognition that resonate with workers of every generation. I Love Rewards' clients include 3M, Eli Lilly, Marriott, ConAgra Foods and Health Now. On the web at http://www.iloverewards.com
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.