Empuls

MAY 29, 2024

MGM Grand 1 , a Las Vegas hospitality company, realized the need to enhance employee engagement by following a value-driven employee recognition program. In its approach, the company successfully streamed employee satisfaction surveys, which showed an increase from 87.5% in 2005 and a turnover rate of 11.4%.  

Employee Recognition 52

Employee Recognition Assessment Software Recruiting Software Planning Tools 52

Compensation Cafe

JUNE 23, 2015

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. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation. percent in the depths of the recession.

AON 40

AON Compensation Payroll Survey 40

Vantage Circle

MAY 27, 2021

A study by Bateman & Crant; 2003, Lepper, Corpus, & Iyengar; 2005 have addressed this issue. You will see that an employee will perform best when they are promised a 10% bonus. The apparent bonus governs the employee's behavior, and he performs well to get it. An employer praising his employee for good performance. •

Retention and Turnover 52

Retention and Turnover Bonuses and Incentives Hiring Software Productivity 52