Tag: recognition

Technology

How to Make Employee Recognition Effective

Giving employees recognition is a great way to show your team that you appreciate their hard work. But if you’re not doing it the right way, all that recognition can actually do more harm than good. Here are a few effective employee recognition examples, along with some tips on how to make sure your recognition program is meeting your employees’ needs.

Defining Employee Recognition

Employee recognition is a formal or informal process that acknowledges and praises employees for a job well done. It could involve giving employees an award, a certificate, or just a simple thank you from their boss. But whatever form it takes, the goal of employee recognition is to make employees feel appreciated and valued. And there’s plenty of research that shows how effective employee recognition can be for businesses.

Why Employee Recognition Matters

Employee recognition is one of the most important things you can do …

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Technology

Streamlining Your Revenue Recognition Process With Subscription Billing

The days of the flat-rate billing method are numbered. Consumers want flexibility and control over their purchases, and businesses are getting closer to providing that. But the way subscription billing is done needs to change too: it can be inefficient, difficult to track and manage, or even impossible for some companies. Here’s how subscription billing can make recognition easier.

The days of the flat-rate billing method are numbered

The days of the flat-rate billing method are numbered. Today’s customers want more value, better service, and convenience—and a subscription model is the answer. With subscriptions, you can increase your revenue by providing customers with what they want and when they want it without breaking their bank accounts. You can also provide them with better services that are personalized based on their needs and preferences and not on predetermined packages.

Recurring revenue models are becoming more popular

As the subscription model becomes …

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