Designing an Effective Reward System for Your Employees
Design an employee reward system that boosts motivation, increases team productivity, and enhances overall job satisfaction.
Encourage collaboration and teamwork with a recognition program that is effective and enjoyable!
Book a demo now to take advantage of some incredible offers!
Learn about the benefits of knowledge sharing, the types of knowledge sharing, & strategies for promoting it in the workplace
Knowledge sharing is the process of transferring relevant knowledge and expertise among individuals and teams within an organization. It is a critical aspect of knowledge management, which aims to create, organize, and disseminate knowledge to achieve organizational goals. In this article, we will explore the benefits of knowledge sharing, the types of knowledge sharing, and strategies for promoting knowledge sharing in the workplace.
An example of knowledge sharing is when an experienced employee shares their expertise with a colleague. For instance, a senior manager who has been with the company for many years may have valuable insights and tacit knowledge that could benefit a new team member. By sharing their knowledge and experience, the senior manager can help the new employee understand the company's culture, policies, and procedures. This can result in a more efficient and effective onboarding process and can also help the new employee become productive sooner.
There are many advantages of knowledge sharing culture in the workplace can have many benefits, including:
Knowledge sharing in the workplace is the process of exchanging relevant knowledge and expertise among employees to achieve organizational goals. It involves both explicit knowledge, such as policies, procedures, and best practices, and tacit knowledge, which is the knowledge that is difficult to articulate or document, such as intuition, experience, and skills.
There are various types of knowledge sharing, including:
To encourage knowledge sharing in the workplace, organizations can implement the following strategies:
Conclusion
Knowledge sharing is a critical aspect of knowledge management and can have many benefits for organizations, including promoting innovation, improving decision-making, and enhancing employee engagement. To encourage knowledge sharing in the workplace, organizations need to create a culture that values and rewards knowledge sharing, facilitates knowledge sharing through tools and resources, encourages collaboration, fosters a learning culture, promotes transparency, leads by example, and measures and evaluates their knowledge-sharing initiatives. By implementing these strategies, organizations can build a more effective knowledge-sharing system that captures and preserves valuable knowledge and expertise and promotes continuous learning and development among their knowledge workers.
Get the foundational knowledge on creating an employee recognition program that boosts employee engagement and helps them feel valued.
Explore GuideYes, at Assembly, security is a top priority. Each quarter, we have ongoing security work that is everyone’s responsibility. While we maintain a strong security posture, it was important for us to prove to our customers that we do everything we claim to do. This led us to pursue a SOC 2 Type II report that would provide evidence of our compliance with industry gold-standard security practice.
There is study after study showing that employee recognition leads to increased engagement. This in return creates an environment where employees are happier and more motivated which increase productivity and reduces voluntary turnover significantly. In order to filled critical roles, companies tend to spend nearly twice the value of an annual salary. Assembly is an investment in your employees that supports your bottom line.
Yes, we will offer contracts for companies with longer-term agreements to help larger customers have more certainty around future costs.
The minimum agreement term is a 12-month subscription.
We do and for FREE! Any new customer needing further support to get started with Assembly to ensure you're set up for success can request custom onboarding support. Improving your employee experience is about much more than just using our amazing software; it’s about transforming your business to create a workplace that people love. That’s much easier to do with the personal support and advice from our passionate people experts.
At the time of redemption (when your employees exchange their points for a paid reward) you'll pay face value. If a reward is a $10 Amazon gift card, your cost will be $10. All paid rewards are billed for on a monthly basis.
The good news is that you don't have to pay for rewards upfront because we only charge you when points are redeemed, not when they're earned.
We offer discounts or educational or charitable organizations. In order to secure a discount, you'll first need to book a demo with a customer support specialist.
For all other organizations, we are willing to consider longer-term agreements in exchange for discounts. To set up annual plans or longer, you will need to book a demo with a customer support specialist.
If you're on a month to month plan, you can go here and cancel anytime. If you're having concerns or need help setting up your account for success, you can always book a demo with a customer support specialist.
If you're on a longer-term custom plan, you'll need to reach out to your customer support specialist to cancel your account or email us at support@joinassembly.com.
Great question! You can customize your core values to match your organization's to boost and track alignment. You can change your currency from the 🏆 emoji (our default) to any emoji of your choice. You can swap our logo for your own. You can also set up company culture rewards such as, "Lunch with the CEO," "Buy a book on us," and so much more!
While we recommend a peer to peer set up where anyone in your organization can give or receive recognition, you can set up Assembly however you want. If you need to limit the people who can give or receive recognition, that's perfectly fine and can be done from your Admin, here.
Assembly connects to the tools your employees use every day to offer an easy, seamless experience with minimal change management.
Assembly has integrations with HCM/HRIS systems like ADP, Google, Office 365, and Slack. We also integrate with communication tools like Slack and Teams so you and your employees can access Assembly wherever they work now.
That depends on the company's permissions set up. That said, over 90% of the employees on Assembly's platform are recognized on a monthly basis. That means nearly every employee across all of our customers are receiving regular recognition from their peers, managers, or leadership. We're extremely proud of this.
They are not required. You can use Assembly without having rewards set up. However, we don't recommend it if you intend to have a high adoption and usage rate. You can always keep the costs down by offering internal culture rewards that are fulfilled by you internally.
No, you can remove allowances from anyone or everyone. It's up to you but we do recommend using points whether they're worth a real dollar value or not. Companies that use points have a much higher engagement rate even if those points don't exchange for real dollars.
Please schedule time with an expert and we will help you to get all your questions answered