Standard employee reward systems in the workplace rarely produce results. You may have invested thousands in a supposedly-proven employee reward system that received very low total participation. Maybe you set up an expensive President’s Club travel reward to motivate your sales team, but only 30% of the floor ended up reaching their quota. If you’re…
Plenty of popular employee rewards don’t actually increase engagement. We’ve seen this happen time and time again with our enterprise clients who come to Inproma seeking a new, innovative solution to their employee rewards problem. CEOs complain that their corporate points programs, travel incentives, or annual raises aren’t doing enough to raise retention rates or…
Strategic brand management is both an art and a science. From positioning to marketing to building equity, your brand’s success relies on a complex mix of creative vision and competitive research. A successful brand is an abstract product that has the potential to bring untold value to you as well as your employees and stakeholders.…
Talent acquisition will always be a challenge. Whether your recruiting team is struggling to put together a pool of qualified candidates or you’re overwhelmed by a horde of applicants on every job listing, the target is always moving when it comes to hiring the best employees into your company. What most firms don’t realize is…
Today’s job market is rich with talented candidates—some who are unemployed, and many who are “taken but looking.” That’s due to one simple fact: employees today have learned that they need to be ready to jump into a new opportunity. The old fashioned concept of employee loyalty has been eroding for decades. Employees today have…
As an employer, your main goal is to offer the basics: competitive salary, health insurance, PTO, etc. I’ll argue that you should also accumulate a small but powerful lineup of fringe benefits that look impressive in a job listing or on-site interview and act as fantastic buzzwords when shared by word-of-mouth. Fringe benefits are the…
What were the best job perks you ever received from a company? After working in the corporate world long enough, you get really familiar with the standard benefits companies offer. We’re used to competitive salaries, two weeks of PTO, and 401k matching. But which perks surprised you? Which benefits meant the most? These are the…
If you’re in business, you understand workplace stress. Employees begin their roles with excitement and vigor, eager to prove themselves and make great strides—but over time, your sales floor, newsroom, or PR agency can easily turn into a tense hotbed of anxiety. Employee burnout, dissatisfaction, and turnover are costly and common problems both in the…
When it comes to compensating employees, the possibilities are endless. Wages and salary (and perhaps bonuses) usually come to mind first. However, non-cash benefits are a great way to appeal to a variety of employees. Non-cash benefits (aka alternative compensation) may also offer you more options for motivating your teams, some of whom may value…
Even if your company is highly-automated and roboticized, employee performance is still a key component of your success. You need to attract, motivate, and retain the best workforce that is focused on the work that helps you achieve your strategic goals together. This need has led companies in many industries to use alternative (non-cash) compensation.…