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15 Best Employee Retention Tools For Keeping Your Talented Employees Happy & Engaged In 2022

By December 1, 2021 May 10th, 2022 No Comments

employee-retention

According to a recent Forbes article, some of the most common statements job seekers are making during what’s been dubbed, the Great Resignation includes things like:

  • “I don’t feel valued where I work.”
  • “A few of my peers have left the company and have received incredible offers.”
  • “I don’t think anyone would notice if I left the organization tomorrow.”
  • “The company keeps bringing in outside people, rather than promoting from within.”

So what’s the theme between all of these sentiments? What causes employees to leave? A lack of employee recognition.

“Employees want meaning in their vocation. In fact, for millennials, it is among the strongest drivers of retention.” — Gallup

Employee recognition may sound like a simple fix; however, to do it right, you need a system and continuous effort. But is it really worth all the extra energy? Without a doubt — especially considering that 50-75% of employee turnover is avoidable.

As much as things like salary, bonuses, and work-life balance matter, other variables like emotional safety, team bonding, and mental health hold equal weight in the employee retention equation.

To help you create an organization that people want to be a part of and stay a part of, we’ve curated a list of the 15 best employee retention tools for teams in 2021.

Let’s get started on the plan to keep your talented employees satisfied and secure!

 

Who Would You Like To Send Swag To?

Clients & Customers Employees

Employee Retention Tools, Software, & Apps

1) Caroo

caroo-goodies

Caroo derives its name from its complete dedication to employee care. Gifts and other non-monetary rewards are made easy on this recognition platform. Caroo offers everything from top-tier nutritious snacks to team-building activities to optimize your organizational health.

Every game, snack, and the product is carefully curated by HR experts and delivered straight to your door or place of work. The corporate gift boxes are near guaranteed to be a hit with your team of superstars.

This retention tool is best for: Celebrating milestones

Notable companies using Caroo:

  • Amazon
  • FabFitFun
  • Agoda

Pricing: Take this 60-second quiz to get personalized results

For more information: Check out Caroo

 

2) Bonusly

Bonusly Gif

Bonusly is a comprehensive employee recognition, survey, and incentives solution that helps companies build more engaged, productive, and results-oriented teams that align with the corporate values and culture of appreciation.

With Bonusly, you can eliminate silos, enabling employees and managers alike to recognize each other and express gratitude through dozens of built-in features and integrations.

This retention tool is best for: Company culture

Notable companies using Bonusly:

  • Hulu
  • ZipRecruiter
  • Invision

Pricing: $2.70+ per month

For more information: Check out Bonusly

 

3) SwagUp

SwagUp is the all-in-one custom swag platform for maximum employee satisfaction, engagement, and retention. Through this recognition solution, you can design, automate, and distribute your branded swag and gifts.

SwagUp is the perfect employee retention tool for remote teams to help keep your digitally nomadic employees on the same page as their coworkers when they execute their remote work.

This retention tool is best for: Company culture

Notable Companies Using SwagUp:

  • Google
  • Walmart
  • Stanford University

Pricing: Contact for pricing details

For more information: Check out SwagUp

 

4) Blueboard

blueboard

Blueboard is an employee reward and recognition that enables multilateral incentives. Instead of simply waiting on the managers to celebrate milestones, now everyone in the company can cheer on each other’s big and small wins.

This experiential rewards platform offers personalized employee experiences such as parasailing and VIP concerts, which are proven to massively boost long-term engagement. One of the best parts is that employees can curate their experience by choosing the activities they are interested in. From that point on, Blueboard handles the rest to ensure your team has the time of their corporate lives!

This retention tool is best for: Daily recognition

Notable Companies Using Blueboard:

  • Glassdoor
  • GoPro
  • Salesforce

Pricing: Contact Blueboard for pricing details

For more information: Check out Blueboard

 

5) Weve

Weve might get its name from the fact that it’s one of the best platforms for weaving employee recognition into the day-to-day corporate environment — basically, Weve keeps things fresh and exciting in the work environment! How? Well, in many, but the main one is by enhancing employee award ceremonies.

Weve allows teams to gather virtually and supports live award shows that can be viewed by up to 10,000 people at a time. Additionally, you can add custom trivia and fun facts about award recipients or the company, stream a special message from the CEO, or get someone the award winner admires to give a pre-recorded shoutout!

This retention tool is best for: Daily recognition

Notable Companies Using Weve:

  • Adobe
  • Disney
  • Nike

Pricing: $299+

For more information: Check out Weve

 

6) Bambee

bambee-hr

For less than a hundred dollars per month, Bambee gives you a dedicated human resources manager. This cost-effective employee retention tool also provides a comprehensive HR audit, HR compliant policies, employee onboarding and terminations, HR guidance, staff training and development, and the peace of mind that comes with knowing you’ve got pros backing up your HR strategy.

Bambee also works to make sure that the HR policies fit the current way you run your business and align with your needs.

This retention tool is best for: Company culture

Notable Companies Using Bambee:

  • Stojo Projects
  • Knife Aid
  • Hank’s Bagels

Pricing: $99/month

For more information: Check out Bambee

 

7) Nectar

Nectar is an across-the-board employee recognition tool for helping everyone in your organization encourage one another. This positivity-enhancing platform incentivizes managers and team members to do their best work and stay for the long haul.

Peer-to-peer spotlights and recognition hits differently than even being noticed by the CEO and Nectar has dozens of integrations like Slack, Microsoft Teams, and other engagement software. Lastly, custom swag storefronts allow you to add a gifting element to your recognition program for truly memorable employee awards.

This retention tool is best for: Daily recognition

Notable Companies Using Nectar:

  • Argos
  • British Airways
  • eBay

Pricing: $25/user per month

For more information: Check out Nectar

 

8) Zenefits

zenefits

Zenefits is a company dedicated to the simplification of the modern workforce. Manage your employee’s salary, benefits, and paycheck through our HR platform with no hassle. With Zenefits, you’ll get more time to focus on what’s important: running your business.

Zenefits is a great tool for HR professionals, especially those looking for an easy way to manage their people. With streamlined onboarding and PTO tracking as well as all the other tools you need in one place – Zenefit’s got this!

This retention tool is best for: Streamline onboarding, benefits, payroll, & PTO

Notable Companies Using Zenefits:

  • YLabs
  • Strada
  • Coney Island Prep

Pricing: Starting at $21/month per employee

For more information: Check out Zenefits

 

9) Outback Team Building

Outback In Person Events

Outback Team Building is your one-stop shop for every team building needs. With years of experience in finding outside-the-box activities that appeal to many groups, all types of budgets, and similar interests, Outback staff will help you brainstorm new ideas or offer suggestions relating specifically to your company.

This employee retention strategy will promote team bonding. employee motivation, and engagement.

This retention tool is best for: Team building

Notable Companies Using Outback Team Building:

  • American Express
  • Deloitte
  • Starbucks

Pricing: Contact Outback for pricing details

For more information: Check out Outback Team Building

 

10) Assembly

Assembly-Employee-Recognition-Software

If you’re looking for a way to recognize and reward your employees, then Assembly is the perfect solution. This peer-to-peer recognition platform makes it easy for everyone to be recognized and rewarded in real-time. You can even create custom rewards that are specific to each employee so they know exactly what they’ve earned.

With Assembly, nobody has to fall through the cracks ever again! Its simple, intuitive interface makes it easy for anyone on your team to get involved and start recognizing their peers right away.

This retention tool is best for: Online collaboration

Notable Companies Using Assembly:

  • Coca Cola
  • Perforce
  • HelloTech

Pricing: Free for teams under 10, then starts at $2.80/member per month

For more information: Check out Assembly

 

11) monday.com

mondaycom

monday.com describes itself as the Uber of resource management and as big of a declaration that is, they have the software to back it up.

This employee retention tool gives real-time insights into projects, visibility into workflows and analytics, and enps-boosting integrations and updates — not to mention the time tracking, automation, and timeline views.

This retention tool is best for: Project management

Notable Companies Using monday.com:

  • Uber
  • Adobe
  • Hulu

Pricing: $8/month

For more information: Check out monday.com

 

12) Confetti

Confetti is a seamless, end-to-end employee recognition and retention platform for boosting job satisfaction, wellness, productivity, and culture in the workplace. This employee retention tool facilitates spot bonuses, spot awards, and other forms of non-monetary recognition and experiences.

The best part is that every vendor is curated to provide the best memories and moments your employees could ever dream of! With hosted games and shippable experiences, Confetti will help you win over your workplace.

This retention tool is best for: Team Building

Notable Companies Using Confetti:

  • Netflix
  • Google
  • Facebook

Pricing: Contact Confetti for pricing details

For more information: Check out Confetti

 

13) QuizBreaker

quizbreaker

QuizBreaker is the team-building quiz platform that’s perfectly optimized for keeping teams tight-knit, whether employees are working from home, commuting, or working on some other flexible workplace model. The team building quizzes are delivered via email so your team can take them anywhere in the world.

They’ll get to enjoy short quizzes, fun gamification, and automation (you can schedule quizzes for a particular time each week).

This retention tool is best for: Daily fun with your coworkers

Notable Companies Using Quizbreaker:

  • Ford
  • Indeed
  • Amazon

Pricing: $3/user per month

For more information: Check out QuizBreaker

 

14) BambooHR

bamboo-hr2

BambooHR is an HR tool that helps companies manage the employee lifecycle. It streamlines every aspect of hiring, compensation management, and data analysis while also providing tools for maintaining company culture in order to build up great teams from within or acquire new talent externally with ease!

This retention tool is best for: Streamlining HR

Notable Companies Using BambooHR:

  • Civtec
  • CRBR
  • Avidbots

Pricing: Starting at $4.95/employee per month

For more information: Check out BambooHR

 

15) Fond

The-Fond-Suite

Fond is a cloud-based platform that makes it easy for managers to recognize and reward their employees, and for employees to redeem them. With its simple interface, you can create custom programs in minutes – no IT or HR required. You can also track employee engagement with real-time analytics so everyone knows how they’re doing.

This retention tool is best for: Daily recognition

Notable Companies Using Fond:

  • Salesforce
  • Delta Dental
  • Stanford Health Care

Pricing: Contact Fond for pricing details

For more information: Check out Fond

 


Tips to Create Your Employee Retention Program

employee-retention-tips

1) Set A Competitive Salary and Benefits

Truthfully, we wouldn’t work most jobs if the pay wasn’t a factor. No matter how you love your job, on some level, you’re doing it to make a living. Nearly half of employees who quit leave because their salary and benefits aren’t competitive enough. Be sure to consult your financial and HR departments to figure out what you can reasonably offer and always consider your employees to be an investment.

2) Create an Awesome Onboarding Experience

Onboarding is one of the first opportunities to make an impression on new hires and it can set the tone for the rest of their time with your company. Make sure to welcome your top talent aboard and to set fair expectations because it can take up to 24 months for a new employee to reach the same productivity levels as a longer employed teammate.

3) Support Professional Development

The last thing employees want is to feel like their development is stagnating and their growth is stunted. That’s why high turnover is found to be directly linked, in part, to a lack of professional development opportunities. Ask your employees directly what they would like to grow and develop into and then offer them whatever resources and support to help them achieve that. Constant support for your employees with an eye to the future is a big part of retaining employees in today’s competitive corporate climate.

4) Reduce Employee Pain and Discomfort

Reducing employee pain and discomfort goes a long way. The bottom line — even for your button line — is that your employees are humans and not a fiscal burden, so doing whatever you can to alleviate their pain points is critical. For some professions, these simple adjustments are obvious like in retail, giving workers time to sit instead of forcing them to be on their feet their entire shift. In others, you have to dig or ask directly. Incorporate feedback tools into your workplace.

5) Manage Your Managers

A great manager creates a ripple effect — a not-so-good one does the same. Managers also need help being the best version of themselves. On top of the technical aspects of the job, you want to always encourage managers to master soft skills like compassion, kindness, empathy, patience, and basically everything that falls under the emotional intelligence (EQ) umbrella.

6) Hire Slowly and Right The First Time

According to Glassdoor, 35% of companies foresee employees quitting within the coming year — yes, you read that correctly — one-third see their employees leaving before they’ve even gotten started. It’s extremely important that managers are involved in the hiring and onboarding process so that candidates can be vetted and given a positive foundation to build from. Always be honest and upfront about new hire expectations.

 


People Also Ask These Questions About Employee Retention Tools

Q: What is an employee retention tool?

  • An employee retention tool is a platform or program that helps drive employee engagement, satisfaction, peer-to-peer connectedness, and of course, retention.

Q: How much does an employee retention tool cost?

  • An employee retention tool can cost anywhere from a few dollars to several hundred, largely depending on their pricing model, perks, and access to certain exclusive features.

Q: What are some ways you can promote better employee retention at your company?

  • You can promote better employee retention at your company by setting up an employee retention program and giving your managers the employee retention tools they need, along with getting their buy-in and commitment to make the program work.

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