Employee Retention Programs
Employee Nomination and Retention Programs to Identify and Retain
Employee Recognition, Employee Engagement, Service Awards, Social Recognition.
For more than two decades, WorkStride has delivered global enterprise companies with employee recognition solutions that are tailor-fit to meet even the most complex needs. Our solutions blend together a winning combination of flexible technology, vertical specialization, industry expertise, and top-tier support to deliver an unforgettable rewards experience that you and your culture deserve.
With The Right Reward Solutions Provider, Anything is Possible.
React to Churn Risk with Effective Retention Solutions
Our solutions for retention management provide HR teams with a unique ability to identify and react to top grade internal talent at risk for churn. The system enables this through seamless collection of retention nomination of key talent through the recognition program by managers and leaders. Nominations include retention milestones with desired comp adjustments, later to be reviewed by appropriate roles.
Log Nominations and Key Milestones
Leaders include retention milestone amounts per nomination that align to the desired level of comp adjustment necessary to retain the employee talent. This also includes business drivers, amount of comp, and retention milestone dates to be reviewed by approvers.
Keep Things Organized and Collaborative with and Efficient Process
After retention nominations and milestones are submitted, we host your custom approval processes, which can include multiple levels of approval. Nominated employees go into a collaborative approval log for assigned admins and leaders to review, where they can see employees nominated, milestones, retention amounts, and approval history.
Approve Talent for Comp Adjustments and Keep Track of Activities
Once approved by all approvers, milestone amounts are logged as approved and can be executed, either by submission to payroll if you’ve chosen to run adjustments as payroll comp, or as spot award if you’ve chosen to reward adjustments through the recognition program.
Get a Detailed Window into Retention and all Program Behaviors
Your program provides you with robust reporting and optional analytics for insights that help keep a strong pulse on employee recognition and engagement. Break down data to see activity within teams, locations, divisions, and other groups. Earn the ability to celebrate the engaged segments and action the less engaged.
Industry-Leading Recognition Experience
Going Global to Bond Teams with Recognition at BAE Systems
BAE is one of the leading aerospace and defense organizations with more than 30,000 global employees. The company and its leaders were in need of a full-scale recognition program that strategically blends both monetary and non-monetary rewards for their large and diverse participant base.
An internal employee survey made it clear that BAE Systems had outgrown their current in-house recognition program, so a specialized solutions expert was needed to accommodate their multiple complexities. WorkStride and BAE came together to create a strategy, design, and build an award-winning global recognition program: BAE IMPACT.
The program required various types of rewards set at different hierarchies and permissions, across several thousand online and offline employees, all supported in a friendly user and branded environment. The solution fostered complex logic on the back end, but an easy-to-use, compelling program on the front end.
The BAE IMPACT program is now widely known as one of the leading global enterprise recognition programs. It facilitates thousands of interactions each day, and has been recognized as a world-leading program by major industry associations. Recognition Professionals International (RPI), for instance, recognized BAE IMPACT for the standards of Recognition Strategy, Communication Plan, and Flexibility and Change. Program achievements include:
in non-monetary rewards sent
of active employee participants
recognitions sent per year
of Recognition Professionals International (RPI) Best Practice Award