Compensation Force
JUNE 26, 2014
The use of sign-on and retention bonuses appears to be at an all-time high, according to a recently released WorldatWork survey on Bonus Programs and Practices. The research, which highlights the practices of 713 organizational participants, is the fifth iteration of a series that dates back to 2001. Retention Bonuses.
Achievers
MAY 16, 2017
The idea that people are motivated by knowing where they stand within an organization gave birth to the “ rank and yank ” method of ranking employees into top, average, and poor performing tiers (and eliminating those at the bottom). This was popularized by Jack Welch, former CEO and Chairman of General Electric (1980-2001).
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HR Digest
OCTOBER 17, 2020
And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. Spanish flu). Managing Rewards and Mobility.
HR Digest
OCTOBER 17, 2020
And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. Spanish flu). Managing Rewards and Mobility.
HR Digest
FEBRUARY 10, 2021
Ashkenazi joined Eli Lilly in 2001. Under the terms of his exit, he’ll be able to assist with the transition through July at the pay rate of $9,000 every two weeks. He’s additionally set to forfeit “all other current and future equity incentive awards” the company said. Smiley was appointed the CFO in 2018.
Compensation Cafe
DECEMBER 3, 2014
Since the recession of 2001, business leaders have made cost control their primary goal for rewards. By contrast, consultants excel at packaging, selling, and diffusing “best practices,” that is the innovations of others, while rewards professionals are best at developing and implementing detailed designs. This is weak strategy.
Compensation Cafe
DECEMBER 1, 2014
Sales compensation has always been a different beast: it has different buyers and economic cycles than employee rewards, and sales incentives constantly evolve to meet new business needs. For contrast, let’s remember what I consider to be the Golden Age for employee rewards: the late 1980s to about 2001. Several factors are at play.
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