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Forget the Cash: 5 Thoughtful Ways to Reward Employees

Cornerstone On Demand

But as the season of giving approaches, smart HR pros realize the traditional end-of-year cash bonus — while of course accepted and much appreciated — also needs a reboot. One effective incentive could be something everyone wants: The gift of time.

One Way to Revive Tired Old Compensation

Compensation Cafe

She has managed both local/ in-country national and expatriate programs and has been an expat twice during her career. Jacque has the following certifications: CCP, GPHR, HCS and SWP as well as a B.S. Asia and Europe, and is a regular contributor to various HR and talent management publications. . Base Salaries Benefits & Perquisites Compensation Communication Compensation Philosophy Incentives/Bonuses Total Rewards

Inquiring Minds Want to Know

Compensation Cafe

Hold compensation training sessions for all management at the new company to enable them to answer employee questions. Communicate individual pay packages in one-on-ones with the manager. For instance at Cisco, a high tech company in Silicon Valley, Compensation has a job title, salary, bonus/commission/stock (if applicable), benefits and intranet access ready for every employee in the acquired company on Day 1. You don’t want managers giving conflicting information.