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Part III - Where Should We Take Employee Rewards in the Future?

Compensation Cafe

2014, The changing landscape of employee rewards: Observations and prescriptions. Since the recession of 2001, business leaders have made cost control their primary goal for rewards. When benefits represent 30% of total employee rewards and performance incentives are about 1%, management claims of pay for performance are laughable.

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Where Have All the Raises Gone?

Compensation Cafe

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. percent in 2001, from a high of 10 percent in 1981. percent in 2001, from a high of 10 percent in 1981. percent in 2014, the survey of 1,064 organizations found. It dropped to 4.3

AON 40
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How to Build Employee Connection and 12 Ways to Build One

Vantage Circle

In July 2001, Larry Page, co-founder of Google, fired all of Google's project managers. In 2014, Cisco launched its "Life at Cisco campaign , which encouraged employees to share their personal experiences and stories on the company's social media accounts. Let us understand this better with the following example.