article thumbnail

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

HR Morning

In a recent study commissioned by Spherion Staffing , nearly one-fourth (26%) of workers said they’re at least somewhat likely to look for a new job in the next 12 months (up from 18% last year). in 2017, although those are smaller than the average increase executives received this year and in 2015.

article thumbnail

Cafe Classic: Excessively Successful Incentives

Compensation Cafe

Editor's Note: In this Classic cautionary tale, Jim Brennan (using the 2016 Wells Fargo incentive disaster as his beginning "case in point") reminds us of how easily even reward plans designed with the best intentions can misfire. The only thing worse than an incentive that doesn’t work is one that works all too well.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Ways to Keep Call Center Employees Engaged

Achievers

According to Contact Babel’s 2017 study on U.S. The same study shows that employees who do not feel adequately recognized are twice as likely to say they’ll quit in the next year. And while monthly bonuses and incentives are a useful strategy for attracting talent, they aren’t always the key to continuous engagement.

article thumbnail

7 Ways to Keep Call Center Employees Engaged

Achievers

According to Contact Babel’s 2017 study on U.S. The same study shows that employees who do not feel adequately recognized are twice as likely to say they’ll quit in the next year. And while monthly bonuses and incentives are a useful strategy for attracting talent, they aren’t always the key to continuous engagement.

article thumbnail

Total CEO Pay Rose 6% in 2016, Willis Towers Watson Study Finds

HR Daily Advisor

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.

article thumbnail

Chick-Fil-A Is Awarding $24 Million in Scholarships to over 12,700 Employees

HR Digest

The scholarships are transferable to any accredited university and can be used for any area of study. 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.

article thumbnail

Excessively Successful Incentives

Compensation Cafe

The only thing worse than an incentive that doesn’t work is one that works all too well. Wells Fargo is just the latest company to be ethically embarrassed and financially distressed by a fiasco involving excessively motivational incentives. The moral hazard problem is not industry-specific or even an issue about incentives.