HR Digest

APRIL 19, 2022

As the sector faces a quit rate approximately double that of the wider economy, and nearly 40% of restaurants claim they are understaffed, more restaurant chains are offering bonuses and perks in an effort to retain employees. These perks and incentives have ranged from increased compensation to same-day pay to vacation reimbursements.

Bonuses and Incentives 98

Bonuses and Incentives Retention and Turnover Time and Attendance Compensation 98

Compensation Cafe

JULY 24, 2019

Editor's Note: Incentives are a tool. Incentives are not the cause of bad reinforcement programs, any more than forests should be blamed for the existence of warfare. Because incentives are powerful, they should be designed and implemented with great care. Jim Brennan expounds. It was a hell of a good place to write tickets.”.

Planning Tools 40

Planning Tools HR Software Compensation System 40

Vantage Circle

NOVEMBER 30, 2022

Extrinsic rewards are a type of incentive that motivates people by rewarding them with something tangible — such as praise, fame, or money — for achieving a specific goal. The incentives must be extraordinary in order to spur your team's competitive nature to finish a task that requires extra effort or has a short deadline.

Bonuses and Incentives 105

Bonuses and Incentives Planning Tools Assessment Software HR Software 105

HR Daily Advisor

APRIL 26, 2017

The analysis found total pay for CEOs increased 6% in 2016, up from the 4% median increase in 2015. The analysis, based on 365 S&P 1500 companies with consistent CEOs that filed proxies disclosing 2016 pay by the end of March, found that CEO salaries increased 2% in 2016, following a 2% increase in 2015.

Bonuses and Incentives 54

Bonuses and Incentives Study Compensation Analysis 54

Reviewsnap

JANUARY 6, 2015

There are a wide variety of compensation plans in the corporate world, but if you’re a startup which one is the best option? When you’re looking to grow your team, it can be overwhelming deciding how to compensate your future employees while taking the compensation thresholds of your current employees into consideration.

Compensation 40

Compensation Bonuses and Incentives Planning Tools HR Software 40

Precheck

JULY 11, 2017

Healthcare employers can offer student loan debt assistance as an incentive to attract young talent entering the field. SoFi , a student loan refinancing company, reported that in 2015 they saw a “300% increase over the past two years in employer adoption of student loan assistance benefits.”. It’s a win-win for all. What do you think?

Recruitment 85

Recruitment Bonuses and Incentives Retirement Career Development 85

Compensation Today

OCTOBER 19, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to.

Payscale 40

Payscale Compensation Hiring Software Planning Tools 40

Empuls

DECEMBER 22, 2021

Covid-19 is a seminal event in many respects, but its aftermath has created new and unparalleled challenges for HR professionals. In this challenging environment, HR professionals are tasked with maintaining a vibrant employee pipeline for the business’s success while simultaneously managing a very different work environment.

HR Software 52

HR Software Hiring Software HR Planning Recruiting Software 52

Analytics in HR

APRIL 19, 2018

The reality: traditional HR struggles to fulfill the analytics remit. Even the most apt HR teams are already struggling to fulfill their analytics remit. They rely on traditional approaches to HR that don’t resonate with this unique set of experts. This can pose a challenge for recruiting analytics talent. Unclear career tracks.

Analytics 44

Analytics Talent Experience Bonuses and Incentives HR Function 44

PlanSource

AUGUST 26, 2019

Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes.

HR Planning 40

HR Planning Planning Tools Bonuses and Incentives HR Software 40

True Faith HR

FEBRUARY 17, 2011

But, let''s look at what compensation public sector school teachers do and do not receive. Unlike most private sector employees, there is no promotional ladder to climb that promises higher compensation and benefits. A human resources professional can go from a specialist to a generalist to a VP of HR.

HR Planning 99

HR Planning Bonuses and Incentives Compensation Course 99

Compensation Cafe

JANUARY 26, 2017

Compensation people and the objects of our efforts might not survive outsourcing where work is delegated to other outfits or the gig economy in which consultants are given short focused assignments. It reduces management to contract planning. Even handling employee remuneration and administering pay programs can be outsourced.

HR Planning 40

HR Planning Compensation Payroll Talent Experience 40

Compensation Cafe

AUGUST 16, 2022

Editor's Note: Motivation is a key objective for many of the plans and programs we devise. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries. But how well do we really understand and work to appreciate the variations and complexities of motivation?

Planning Tools 52

Planning Tools HR Software Compensation Performance Management 52

Compensation Cafe

NOVEMBER 30, 2015

Why do we compensate employees? But compensation professionals (and readers of this blog) know the pay cheque is but one part of a very complex agreement between employer and employee to maximize a mutually beneficial relationship. in 2015), companies clearly need to do more to keep top performers interested.

Employee Recognition 40

Employee Recognition Compensation Employee Engagement Analysis 40

HR Daily Advisor

MARCH 11, 2015

Rubino, who is the owner of Rubino Consulting Services, offered his expertise in a recent webinar presented by BLR® and HR Hero®. Before you start thinking about total reward statements, Rubino says that other basic compensation program objectives should be met. A compensation program must be: Internally equitable. Affordable.

Payscale 40

Payscale Background screening Bonuses and Incentives Compensation 40

Compensation Cafe

OCTOBER 19, 2018

The compensation tool chest continues to grow. Well, not exactly; but the well-seasoned compensation professional would be smart to hold on to the ideas, plans, programs and tricks that worked well in the past. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries.

Planning Tools 40

Planning Tools HR Software Tools Compensation 40

Compensation Cafe

JULY 2, 2015

Companies have used the “carrot” giving employees financial incentives to participate, such as discounts on health insurance. Could a plan violate the ADA, even if it’s authorized by the ACA? The EEOC has been gathering comments from the public and is supposed to issue guidance on this question by the end of 2015.

Wellness 40

Wellness HR Planning ATS Assessment Software 40

Decusoft

APRIL 6, 2021

Are you new to the Executive Compensation management field? Do you want to ensure that you have the fundamental knowledge necessary to establish Executive Compensation plans that will help to attract, motivate and retain the talent necessary to achieve your corporate objectives? Managing Directors, Steven Hall & Partners.

Compensation 52

Compensation Bonuses and Incentives Metrics Planning Tools 52

Compensation Cafe

JULY 5, 2018

Consider this recent exchange in the LinkedIn network for compensation professionals. Answer : Why are you planning a fix without first auditing to confirm a problem ? Compensation professionals therefore continue to act like normal human beings. Any ideas on closing the gaps? That’s simply not natural.

Compensation 45

Compensation Performance Management Diversity Course 45

Compensation Cafe

APRIL 2, 2018

Editor's Note: In this Classic, Jim Brennan provides essential guidance on one of the foundational questions of compensation. Would those same output results occur no matter who was the incumbent? Should any person who holds a position of substantial impact be automatically highly compensated?

Compensation 40

Compensation Planning Tools HR Software Talent Experience 40

Compensation Cafe

MAY 23, 2018

Editor's Note: Motivation is a key objective for many of the plans and programs we devise. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries. But how well do we really understand and work to appreciate the variations and complexities of motivation?

Planning Tools 40

Planning Tools Compensation HR Software Groups 40

ForUsAll

JUNE 22, 2018

“We place a strong value on creating an environment where our employees can work from home, which has been instrumental in us being able to hire and retain top talent,” says Debbie Fiorino, senior vice president of human resources.”. employees are eligible for bonuses four times a year, with biannual salary reviews.

Retention and Turnover 40

Retention and Turnover Resources HR Planning Hiring Software 40

Bob

MAY 4, 2023

According to a survey by Gallup , in 2022, employee engagement reached its lowest level since 2015. To prevent this from happening, companies need to find ways to engage and motivate their people, including showing them that they are valued and providing incentives for them to stay and continue to contribute to the company’s success.

Talent Experience 60

Talent Experience Hiring Software Planning Tools Bonuses and Incentives 60

Bob

MAY 4, 2023

According to a survey by Gallup , in 2022, employee engagement reached its lowest level since 2015. To prevent this from happening, companies need to find ways to engage and motivate their people, including showing them that they are valued and providing incentives for them to stay and continue to contribute to the company’s success.

Talent Experience 60

Talent Experience Hiring Software Planning Tools Bonuses and Incentives 60

HR Daily Advisor

NOVEMBER 23, 2016

The enforcement manual replaces previous guidance that was issued in May 2015, and includes one significant change that negatively impacts employers during the investigation process. The post Preventing Whistleblowers in the Workplace: OSHA Expands the Rights of Whistleblowers appeared first on HR Daily Advisor.

Wage and Hour Training 40

Wage and Hour Training Hiring Software Bonuses and Incentives Policies 40

Compensation Cafe

JULY 21, 2016

The new sales incentive plan was not well received. Their disapproval disappointed the corporate headquarters compensation experts tasked with the duty to faithfully but delicately comply with the incentive program guidelines supplied by the division's senior management. Yeah, THAT company. But that's a different story.

Planning Tools 40

Planning Tools Compensation Guidelines HR Software 40

Empuls

OCTOBER 11, 2023

HR departments commonly implement these tools to support managers across various departments. These solutions also assist in organizational planning by ensuring necessary skills and preparing for employee departures. Seamless integration with certain HR systems could be improved. Supports remote and hybrid work environments.

HR Software 52

HR Software Onboarding Software Planning Tools Assessment Software 52

HR Daily Advisor

AUGUST 16, 2017

in 2015, 35.7% Myriad other challenges were also noted, including: Administering compensation: 14.5%. 2017 Bonuses. last year) paid bonuses to their exempt employees in 2017, with 18.4% (up from 15.7% last year) of those surveyed awarded bonuses to their hourly workers, with 21.6% plan to go over 10%.

Survey 43

Survey Bonuses and Incentives Compensation Retention and Turnover 43

Compensation Today

APRIL 27, 2016

At that time, employers were just beginning to wake up to the critical nature of employee engagement, spending close to $720 million in programs and incentives. Compensation is more than just developing incentive plans and giving people small annual raises. It’s so much more. Top performing organizations seem to get this.

Compensation 40

Compensation Payscale HR Planning Bonuses and Incentives 40

HRsoft

JANUARY 7, 2017

As part of the TR Communication development plan, include a step to have your attorney review the content. Examples of Assumptions : Bonus compensation includes payments made for Calendar Year 2015. In the event of conflict between this information and the official Plan documents, the Plan documents govern.

HR Software 40

HR Software Planning Tools Interview Software Bonuses and Incentives 40

Enspira

APRIL 28, 2023

That second desire is fulfilled by Total Rewards, a relatively new, increasingly popular way for businesses to compensate employees. Total Rewards is not limited to salary and bonuses; it goes far beyond that. Salary and bonuses are just one part of a complete Total Rewards package. You’re trying to simplify a confusing process.

Bonuses and Incentives 52

Bonuses and Incentives Planning Tools HR Software How To 52

Compensation Cafe

OCTOBER 12, 2015

Inadequate compensation undercuts the value expected from budget allocations devoted to such things as premium employee benefits, special services and enhanced working conditions. Clothing for the children can’t be purchased by a marvelous health care plan. Money is the basic essential piece of “compensation.”

Planning Tools 40

Planning Tools HR Software HR Planning Ascender 40

Recruiters Lineup

APRIL 2, 2024

This comprehensive guide aims to provide entrepreneurs, HR professionals, and business owners with essential insights into hiring employees in Liberia. The primary legislation governing employment in Liberia is the Labor Law of 2015, which outlines the rights and obligations of both employers and employees.

Video Recruiting 84

Video Recruiting Hiring Software Background screening Hiring 84

Capterra

OCTOBER 10, 2018

The Society for Human Resource Management (SHRM) suspected they were on their last legs back in 2015 before a number of sources officially called time of death earlier this year. What should change: Get rid of performance improvement plans. I don’t want to beat out around the bush, so I’ll just say it.

HR Planning 50

HR Planning Planning Tools Objectives & Key Results HR Software 50

Linkedin Talent Blog

AUGUST 9, 2022

A growing number of companies, including Salesforce , Nike , Starbucks , and McDonald’s , are doing just that by tying executive compensation to meeting diversity targets. The results are reviewed monthly and are used to help determine bonuses.

Diversity 49

Diversity Hiring Software Recruiting Software Interview Software 49