Remove 2015 Remove Bonuses and Incentives Remove Employee Recognition Remove Wellness
article thumbnail

The Business Case for Employee Recognition and Rewards

Compensation Cafe

Latest in these reports is Mercer’s 2015/2016 US Compensation Planning Survey, which is well summarized in this SHRM report. Career-change opportunities within the company to keep employees on board while diversifying capabilities. in 2015), companies clearly need to do more to keep top performers interested.

article thumbnail

What are Employee Rewards and Recognition?

Empuls

Organizations can reward employees for completing a project or reaching a milestone through awards, bonuses, gifts, vouchers, etc.  Employee  Employee rewards carry a financial element. Definition of employee recognition Employee recognition, on the other hand, is intangible gestures or expressions of appreciation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

14 Companies with Great Employee Rewards and Recognition Programs

Empuls

In April 2015, when the story broke about Gravity Payments CEO Dan Price taking a pay cut to raise his staff's salary to $70,000 a year and reward them for their hard work, the internet was divided. ’ This attitude of positive reinforcement extends to their rewards and recognition strategy and their motto? HP Inc HP Inc.,

article thumbnail

Chasing Best Practices

Compensation Cafe

One of the common questions I hear from clients centers on how well their people practices and budgets compare to industry benchmarks and groups of top-performers. With ever-changing trends and shrinking competitive advantage, it can be helpful to know what others are doing, and how your own company stacks up against them.

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. COLA for 2015 in the U.S. percent of payrolls.

AON 40
article thumbnail

Make Internal Hiring a Success by Avoiding These 5 Pitfalls

Linkedin Talent Blog

Role changes within organizations by way of promotion, transfer, or lateral movement have increased by 10% since 2015, LinkedIn data shows, and 73% of talent acquisition professionals say internal recruiting is increasingly important to their company. Departments make their problem employees someone else’s problem. Not really.

article thumbnail

10 Best Employee Evaluation Software in 2023

Empuls

Rewards: Empuls fosters a culture of appreciation by facilitating peer-to-peer and manager-to-employee recognition, as well as providing rewards for achievements. Key features Motivosity empowers employees to give and receive recognition from their peers, fostering a culture of appreciation and motivation.