Madison is a global leader in employee recognition and incentives, pioneering digital programs since 1995. As an employee-owned company, we deliver recognition, events, and incentive travel solutions that strengthen culture and drive results.
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Since the tax breaks for corporations became the law, more than 88 of the top companies in the world have announced their intention to pay one-time bonuses ranging from $150 to $3,000 to each of their employees. Across all industry groups, executives are rushing to pay their workers unexpected bonuses…
The deployment of employee reward and recognition programs has been rising rapidly. Two decades ago the number of businesses using such initiatives was only 26%. Today that number stands at 84%. Within that widespread utilization, 77% of all programs are designed to reward high-quality work (vs. just years of service)…
In my last edition, I talked about “generational influences” and stressed that they are as important as “job roles” when optimizing employee engagement. Thanks to countless volumes of research, HR leaders have become well schooled on the conditions that drive an employee’s commitment to the organization. Still there’s so…
In my last post, I maintained that the one thing every HR leader needs to accomplish their talent-related goals in the new year is an effective, flexible and configurable social recognition system like Maestro. After presenting its merits and detailing exactly why it is the solution for a wide range…
Moving into the new year, HR leaders are facing an abundance of talent–related issues. Issues leading the list include: developing strategies that feed the leadership funnel, preparing to prosper in a gig economy, connecting an increasingly virtual workforce and doing so while sustaining a culture defined by appreciation, cooperation and…
HR managers often discuss the benefits of employee recognition in the context of engagement and the business benefits that follow. They may mention that employee engagement has been shown to be a significant factor in improving a variety of workforce outcomes such as employee loyalty and retention . Make no…
With year-end planning sessions already underway, companies look to make better decisions on how all of their resources can best serve the business. The problem is that many senior executives question their managers’ abilities to do just that. Sixty percent say their managers make bad decisions as often as they…
Companies expect a lot from their employees. They need them to outperform competitors and exceed lofty expectations. The problem is, employees don’t always understand (or completely buy-into) what all of that means. It’s not that employees don’t know their company’s purpose, their work functions or their key performance indicators. They…
In my last post, I outlined 3 things that the best companies do to maximize the impact of their employee recognition programs. Now, I’ll do the same for sales incentives. But before I do, I’d like to point out that a lot has changed in a very short period of…
Smart companies are constantly assessing their practices against others. They are always looking for useful comparisons, emerging patterns and other data trends that can help them determine whether or not they are ahead of (or behind) the curve. Employee recognition program managers are no different. With an estimated 84% of…
