Good day and hope you are looking forward to a productive week.
This week we are announcing our new community - The Community of Commerce for all insiders. Everyone who has JOINED US and become an inside we are moving off of the weebly web platform to a community site on Tribe.
This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business.
It is our version of the Chamber of Commerce - what it could have been instead of what it has become. This community has one goal - your success as a business owner to build generational wealth for your family. That growth will create more and better jobs in your local community.
It is a stand alone (outside the control of the arbitrary large providers) platform that provides entrepreneurs and business owners a space for the free and open exchange of ideas.
As a member of IBGR's Community of Commerce you can:
On a closing note, if you want to know what drives everything we do - checkout this article: from Australia (click here).
And that is just restaurants - what about everybody else?
Have a great business week.
Show Objectives - The Why
According to a 2017 Gallup poll, 65 percent of surveyed employees reported that they received no recognition over the last 12 months for their work. In the same report, 89 percent of employers feel that most employees leave their companies to earn more money. But, most workers who leave their jobs cite lack of employee recognition as a major concern.
Meaningful reward and recognition programs are a necessary part of building a strong, healthy organization. Good pay and benefits are not enough to retain your best talent in the workplace. Employees also want to be treated fairly, to make a substantial contribution to the organization through their work, and to be valued and appreciated for their efforts.
Key Issues - Owner Perspective:
What You Need to Know - The What
Employees need both rewards and recognition to feel fully satisfied with their job. What’s the difference between the two? In a nutshell, Rewards are transactional and tied to goals and accomplishments and recognition is relational and can happen frequently and is inexpensive. There’s no budget needed to write an email celebrating the great work an employee is doing.
Caution: be careful to not create a culture at your company where employees feel entitled to rewards. The rewards should be reserved for excellent work and achievements.
The most common programs are those that recognize:
EPISODE D4.008 REWARDED FOR SPECIAL EFFORT
What You Need to Do - The How
Written by Donna Kunde
new choice for BUSINESS SEARCH
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