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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Then you’re ignoring the data. Yes, the number of “net” new jobs is stuck in the low 200K range, but those aren’t the figures you should be worried about. Actually the number of open job postings — a whopping 5M in total — represents the real problem for companies looking…
Recently, The New York Times’ Business Day featured an article discussing the bonus culture on Wall Street. According to a prediction report from Johnson Associates, Bonuses in the financial industry last year were expected to fall 5-10 percent… Nathaniel Popper, The New York Times. The article reported that last year…
Friday is Employee Appreciation Day! An opportunity for companies to show their employees that they really care and that they value their contributions. Not a bad idea on its merits. Unless, of course, it’s the only time you give employee recognition any real consideration. What I mean by that is…
Who is Alexa? Or should I ask, what is she? Alexa is the digital assistant inside Amazon’s new voice activated smart speaker called the Echo system. You can ask it to do a lot of different things such as play music, update you on the news, tell you about the…
The quality of bosses (and the impact they have on their employees) is the biggest influence on organizational performance. Lousy bosses create confusion and stress; they contribute to higher turnover and lower productivity. When employees leave a company they often cite poor relationships with their superiors. On the other hand…
They could be leading your department; perhaps you have one on your team; or maybe you’re one of them. We’re talking about Boomerang Employees, those who leave an organization and return to their former employer, and they’re on the rise. With retention being a top issue for HR leaders, it’s…
“The number of Americans who voluntarily quit their jobs climbed to a post recession high in December, suggesting workers are confident about their employment prospects despite financial-market turmoil and a slowdown overseas.” The Wall Street Journal. Last month, The Wall Street Journal published findings from the Labor Department’s monthly Job…
Do you reward behaviors that will help your employees to stay in their role or grow out of it? Are your team members future leaders or managers? Are they getting the rewards conducive to moving them towards that path? Do those rewards also support the growth of your organization? Rewards…
Employee poaching and staff turnover are on the rise, and employee engagement has flat-lined at around 31% of the workforce (according to a survey performed by Gallup earlier this year). These issues are fueled, in part, by employees feeling under appreciated for the work they do. Employees may leave of…
In my last two posts I offered several stats that identified recognition’s impact on worker retention and productivity. To review, employee engagement triggered by the timely and consistent use of recognition, effects how profitable a company can become over time. Examining companies with higher levels of engaged employees uncovered noticeable…
