Incentra Insights

In the ever-evolving business landscape, one challenge continues to loom large - employee retention. Organizations across industries are grappling with the pressing need to retain top talent amidst a backdrop of shifting workplace dynamics, economic uncertainties, and technological disruptions. In this blog post, we'll delve into why employee retention remains a critical concern for businesses in 2024 and explore strategies to address this challenge effectively.

Remote Work is Here to Stay

A recent survey conducted by the Atlanta Federal Reserve Bank, the University of Chicago and Stanford shows that most companies expect both fully remote and hybrid work scenarios to grow. This has left many enterprise organizations grappling with enhancing employee engagement in a hybrid work environment. Despite many companies encouraging employees to return to an office environment, the remote/hybrid work model is now the norm. So how will companies keep their employees motivated and engaged in the era of remote work?

We’re sharing our top 5 blog posts (by number of page views) that were published in 2023. If you missed any of these posts, be sure to check them out here. They feature the latest industry topics and helpful information on employee recognition and channel incentives.

The world of work is continuously changing and becoming more competitive. Employers are looking for ways to attract and retain employees in this landscape. One solution is to focus on employee engagement - it can be a game changer for a company, helping them be competitive and attract the best talent.

Nursing shortages are expected to continue to increase for several more years. Even before the pandemic, shortages occurred as a result of economic downturns and retirements. During and after the pandemic, many nurses experienced burnout. They left the profession, contributing to the nursing shortage along with an aging workforce and an aging population that increased the need for healthcare services.

Artificial Intelligence - Workplace Friend or Foe?

As artificial intelligence (AI) becomes more common in the workplace, many workers fear that their jobs might be replaced by robotic brains. This concern adds even more fuel to the tumultuous changes taking place in the workplace over the past few years. As we recover from the disruptions of the pandemic, are we in for another case of future shock in the workplace? Will AI be a job displacer or a job enricher?

Wellness in the workplace encompasses not only physical well-being but also mental, emotional, and financial and remains a top priority for employers and employees this year. Mental health continues to be a big challenge that affects the workplace.

What Is Generational Diversity?

Generational diversity means having a wide range of generations in the workforce at the same time. This is an essential concept in the workplace today as people are retiring later, and there can be five generations in the workforce: Generation Z (1997-2021), Millennials (1981-1986), Generation X (1965-1980), Boomers (1946-1964), and Traditionalists – also called the Silent Generation (1922-1945). (I personally know a few Traditionalists who really enjoy their part-time work and the extra cash it provides them.)

As a new year begins, we want to share our top 5 blog posts (by the number of page views) that were published in 2021. If you missed any of these posts, be sure to check them out here. They feature the latest topics in the industry as well as helpful information on employee recognition and channel incentives.

Healthcare organizations have faced numerous challenges with the COVID-19 pandemic and staffing shortages. A survey from Mental Health America showed that many healthcare workers are feeling stressed and overworked. 93% of healthcare workers surveyed said they were experiencing stress, 86% reported experiencing anxiety, 77% reported frustration, 76% reported exhaustion and burnout, and 75% said they were overwhelmed.