Sign-On and Retention Bonuses Reach All-Time High

Compensation Force

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. Note in particular that the use of retention bonuses has nearly doubled since 2010! Retention Bonuses.

Go Team – And Me Too! Incentives for All

Symbolist

Over the past few years, there has been a lot of negative press about incentives. Specifically that incentives don’t work, they are a hangover from “motivation 1.0” Incentives do a great job of focusing attention, focusing behavior and signaling what we think is valuable.

Leading Vendors Announce Quizzify Partnerships to Satisfy Forthcoming Wellness Incentive Rules

Quizzify

The ruling upends the wellness industry by proscribing “voluntary” incentives for screenings and health risk assessments as of January 2019. Having safe harbor status is just a bonus.”

Do You Know How to Attract Star Employees?

Compensation Cafe

With certain job levels, the link between incentives and the company's mission would be quite valuable, too. This marks the first time a majority has said this since Gallup began tracking the question in 2001.

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. Compensation Philosophy Incentives/Bonuses Recognition Total Rewards

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

Compensation Cafe

Since the recession of 2001, business leaders have made cost control their primary goal for rewards. Organizations would be more effective and employees would be more engaged if at least half of benefits dollars were converted into cash, especially incentive opportunities.

Part I - Malaise in the Employee Rewards: What’s Going On?

Compensation Cafe

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. Supervisors can use that information to adjust raises and bonuses with no help from rewards experts.

Top 7 Compensation Consulting Firms for Any Sector

Astron Solutions

Incentive and variable compensation program development to address particular goals. Annual and long-term incentive plan design. Incentive and equity plan design. Incentive design and payout calibration. Annual, sales-based, and long-term incentive development.