Compensation Management in the Banking Sector

Decusoft

A well-thought-out compensation management strategy guarantees that your company’s pay in terms of wages and bonuses is competitive, reasonable, and equal compared to others in the industry. . Compensation and Compliance. Creative Incentive Planning. Long-Term Incentives .

The (Surprising) Facts About Motivation

Kazoo

The default style management has used to motivate their employees is the stick and carrot incentive. For starters, if the incentive isn’t compelling it doesn’t work. What kinds of incentives might a company use to influence employee behavior? Stick and carrot management work well if you want compliance. Get the money (and bonuses) off the table, and then start motivating intrinsically with autonomy, mastery, and purpose. Let’s start with what everyone agrees on.

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Unemployment Is Down. Will Your Employees Jump Ship?

HR Daily Advisor

The Department of Labor (DOL) confirms this is already happening: In November 2014, the number of people who are voluntarily quitting reached its highest level since 2008 ii. Some want monetary recognition, such as bonuses or other incentive pay. This was the highest level of separations since October 2008.”. Leave Policy/Compliance benefits employee engagement feedback trends

5 Proven Tactics Every Company Can Use to Get More Women in the C-suite

Linkedin Talent Blog

Other companies have decided they could do better than just ask by changing the incentives they offer for referrals. The company also disclosed that it would reward employees who referred a successful woman, minority, or veteran candidate with a $4,000 bonus—twice the company’s standard referral bonus. The last month or so has been a tough one for women in the workplace.