Astron Solutions
OCTOBER 2, 2018
A 2016 WorldatWork survey found that 76% of employers were using signing bonuses to attract key employees. Signing bonuses are described as “a lump sum of money that an employer provides to a prospective employee. It is the employer’s hope that the extra money will be an incentive for the prospect to accept the job offer.
Compensation Cafe
SEPTEMBER 6, 2016
If we bump one group up according to our Compensation Policy, the other bunch will demand classification parity, screaming that peer relationships are sacred and must always be maintained.” Funny, how employees always embrace the principle of relative peer pay equity when it yields a higher figure than their market reference point.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Zenefits
DECEMBER 4, 2018
Here’s something else that a lot of employees look forward to this time of year: holiday bonuses. Holiday bonuses can take a few different forms: An extra check given around the holidays. And if you give out holiday bonuses at all, then every employee should receive something. Other Types of Bonuses.
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.
Tandem HR
AUGUST 20, 2021
According to a 2015 study, nearly 75 percent of job seekers consider the employer’s brand and reputation before applying for a position. Even when the employee doesn’t have a specific person in mind, the right incentive will result in social media posts and other forms of sharing on a large scale.
Compensation Cafe
JANUARY 6, 2020
Although we are continually reminded to be alert for perverse incentives , little is usually said about the proper use of disincentives. If being included in a bonus pool is a positive motivational incentive, shouldn’t being restricted from participation be considered a negative punishment? Negatives have positive aspects.
Compensation Cafe
SEPTEMBER 4, 2018
For example, it has been well known throughout history that cash prizes cannot inspire creativity and everyone knows that poorly designed or morally hazardous incentive systems can distract workers from proper performance: but solid pay is a vital first step. Money is not everything.
Expert insights. Personalized for you.
60 
Let's personalize your content