Remove 2001 Remove Bonuses and Incentives Remove Competencies Remove Performance Management
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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. First, benefits go to all, regardless of performance.

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360 Degree Feedback: A Comprehensive Guide

Analytics in HR

While the 360-degree feedback system has been used mostly for leaders and managers, it’s becoming increasingly popular for all employee groups as companies move away from traditional top-down, single-source feedback and performance management. This leads to better performance and higher productivity.