Remove 2014 Remove Bonuses and Incentives Remove Compensation Remove Metrics
article thumbnail

Compensation Strategy and Culture: 3 Steps to Create Alignment

Analytics in HR

The compensation strategy plays a crucial role in ensuring clarity when making salary and benefits decisions within your organization. With a clear framework for compensation, you will be able to help your organization become more competitive when it comes to attracting and retaining talent. Contents What is a compensation strategy?

article thumbnail

Cafe Classic: Predicting the Next 10 Years of Compensation

Compensation Cafe

As someone who spends a lot of time designing and honing long-term incentive programs, I thought I’d skip 2014 and make some predictions about time frames that compensation people really have to worry about. 3 Years from now, 2017: The durations used to measure past and future performance for executive compensation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Rules for Employee Retention Your Competition will Hate

Insperity

These metrics will help you give your employees clear direction and ensure their work stays on track. Consider productivity-based metrics that focus on your employees’ ability to meet deadlines. This simple “perk” can be a big incentive for your employees to stay. Compensate. This is especially helpful for new employees.

article thumbnail

10 People Sustainability Strategies for Your Business

Vantage Circle

Angela Davis, Activist As McKinsey says , the 2019 analysis finds that companies in the top quartile for gender diversity on executive teams were 25 percent more likely to have above-average profitability than companies in the fourth quartile—up from 21 percent in 2017 and 15 percent in 2014. Identify and prioritize stakeholders.

article thumbnail

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 2014, the survey of 1,064 organizations found.

AON 40
article thumbnail

10 Rules for Employee Retention Your Competition Will Hate

Insperity

These metrics will help you give your employees clear direction and ensure their work stays on track. Consider productivity-based metrics that focus on your employees’ ability to meet deadlines. This simple “perk” can be a big incentive for your employees to stay. Compensate. For example, I.T.-based

article thumbnail

Promotions, Bonuses, Raises, Recognition - When They Work (and When They Don't)

Compensation Cafe

You can’t give all employees promotions, bonuses, or raises. Promotions are valuable, but we must ensure promotions are also real in that they advance a person’s career with the appropriate compensation increase. To state the obvious, raises change base compensation levels. Social recognition, however, can be applied to all.