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Considerations for Choosing Employee Retention Software for Your Company Employee retention enables companies to use an employee retention and reward strategy that can be accessed via desktop, mobile and cloud applications, and is linked to an analytics engine. There’s a good number of vendors to be considered by anyone who plans to purchase employee retention software. Before making a decision, you should assess evaluate each vendor for their capability to satisfy your company’s needs. First, let’s look at the elements typical for employee retention software, and those which must be considered part of vendor’s basic offerings:
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> A platform where recognition and reward activities can be managed.
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> User experience is made for both recognition and reward givers and receivers. > The software is designed with gamification elements, like awarding of badges, recurring challenges, leaderboards, etc., in order to encourage employees to participate. > The software is usable on desktop, cloud and mobile devices. ? There is an indicated method for fulfilling the program’s rewards section, including merchandise selection as well as points redemption). > There is a process for reporting who receives or gives recognition and how often. > The software works with typical HR record systems. As soon as you’ve established that the vendor is providing the basic elements of employee retention software, you want to look at the special components of every vendor’s software. Compare and contrast the different elements of each vendor’s employee retention software to know which vendor has the best solution for the needs of your company. Study every solution individually while trying to answer the following: > Is this software compatible with the reconition and reward program as part of my company’s vision? > How does the system allow or support: * Recognition and reward program set up and design * User experience managers and administrators, and of course, employees * The moment of recognition * Fulfillment of reward * Intra-company program marketing > Can you create customized reports using the software? > Can you customize the platform to suit your needs? > Has the vendor catered to clients similar to your company? > Will they give you current client references? > Is the price compatible with your company’s budget? The answers you give these questions are crucial in determining how well a vendor’s employee retention software fits your company. Preferably, you’d like to run a test to know if the software works exactly as the vendor describes it to. If your company is implementing an employee software program for the first time, it may take your employees some time to get used to it. Make this a primary consideration with each software you run on trial. Finally, you also need to look into the reputation of your prospective vendor. Reliability is a crucial factor. You don’t only need a technically superior product; you should also choose a vendor with a client support staff that will be constantly available for you.

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