Remove 2015 Remove Bonuses and Incentives Remove Data
article thumbnail

12 Pros and Cons of Pay-for-Performance Compensation | ClearCompany

ClearCompany HRM

This article discussing the pros and cons of pay-for-performance compensation models was originally published in May 2015. Pay-for-performance is a compensation strategy that links financial incentives — like bonuses or extra PTO — to individual performance outcomes.

article thumbnail

6 Multigenerational Pay Strategies | ClearCompany

ClearCompany HRM

This post was originally published in June 2015 and was updated with new information about multigenerational compensation strategies in May 2025. You can use technology to analyze pay data and identify any disparities to keep your compensation strategy clear and unbiased.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Loyalty Program Fraud: Risks, Examples, and Prevention Strategies

Xoxoday

Once seen as a simple marketing tool, loyalty programs have transformed into modern solutions for customer retention, rich with data and digital currency-like points. Identity theft to access or create accounts Fraudsters may steal personally identifiable information (PII) such as names, phone numbers, or email addresses from data breaches.

article thumbnail

Relying on Traditional HR Will Lose You the Analytics Talent Race

AIHR

The war for talent is raging across industries and countries, and nowhere is the fight more intense than in data science and analytics. In fact, Gartner anticipates that there will be a shortage of 100,000 data scientists in the United States alone by 2020. The reality: traditional HR struggles to fulfill the analytics remit.

article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

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.

article thumbnail

Workers gaining clout in salary discussions? Doesn’t look like it

HR Morning

in 2017, although those are smaller than the average increase executives received this year and in 2015. Performance incentives: Holding steady or declining. Exempt employees are projected to receive bonuses that average 11.6% Discretionary bonuses for exempt employees are projected to average 5.6%

article thumbnail

3 Ways to Harmonize Performance Appraisal Across Organization Using Bell Curves

Synergita

During the process, the goals are data-backed and so there is no question of bias and transparency. A report in 2015 reveals that around 6% of Fortune 500 companies have moved away from the bell curve system. The data of the bell curve should be handled differently to create a positive work culture.