2020 was a year that pushed organizations to adopt new operating models overnight and learn important lessons for the future. One of the key lessons was understanding the significance of the digital workplace as an integral part of the organization’s operating strategy. HR strategies and policies need to evolve and adapt to this new way of working with virtual teams and reduced dependency on the onsite model. Employee rewards and recognition, too is likely to see big changes. In this context, let’s take a look at the key employee rewards and recognition trends in 2021 and beyond.

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About HiFives
HiFives ([ Ссылка ]) is an employee rewards, recognition and engagement SaaS platform that enables organizations to digitize, automate and transform employee experience. The platform enables managers and co-workers to nominate, recognize and reward employees using a points-based system. Budget management, jury-based evaluation and multi-level approval workflows are also available. HiFives also has social features such as a wall of fame and gamification features such as leaderboards, e-certificates and digital badges. It has a global redemption system with country-specific e-gift card options. HiFives is used by large enterprises, small businesses and startups. It integrates with existing HRMS and ERP systems for Single Sign-on and backend data updates.

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