Remove 2005 Remove Bonuses and Incentives Remove Employee Recognition Remove Wellness
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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. 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
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Extrinsic Motivation: All You Need To Know

Vantage Circle

A study by Bateman & Crant; 2003, Lepper, Corpus, & Iyengar; 2005 have addressed this issue. Appreciation by peers can also be a source of motivation for an employee. An employee spends most of the time during their job with their peers. You will see that an employee will perform best when they are promised a 10% bonus.