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Another New Year- Time to Think About Bonuses

Affinity HR Group

With 2019 over and at the dawn of a new decade, it’s an ideal time to think about bonuses for 2020. Over 60% of respondents in a 2016 World at Work survey reported using some type of bonus or variable pay program, as did 73% of respondents in a more recent 2019 Payscale survey. Discretionary Bonuses. Non-Discretionary Bonuses.

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Faith, Trust, and Pixie Dust at Total Rewards

WorkHuman

Another fascinating session on the topic of pay equity was presented by Christopher Ryan and Ahu Yildirmaz from ADP’s research team. The research was based on a study of 11,000 employees of similar age groups who started jobs in Q3 2010 and stayed with the same companies through Q4 2016. Top 6 Takeaways from Total Rewards 2016.

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coworker bogarts all the food at work events, asking for a bonus when resigning, and more

Ask a Manager

It sounds like whoever coordinates these events needs to be physically present by the food and when they see him show up early, should say something like, “We’re going to open this up for everyone at noon, but not before then” and also “Please limit yourself to one plate until the second lunch shift has all been fed.”. It’s very unlikely.

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Cafe Classic: Compensation Practitioners Should Be Skeptical of Economic Forecasts

Compensation Cafe

Hayek describes how the scientistic error - economists' propensity to present their findings with the certainty of scientific language - led to some of the "gravest errors of economic policy." Where to learn more: Projections Overview and Highlights, 2016-26 , Bureau of Labor Statistics, U.S. Department of Labor.

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Creating a Culture of Well-being: The Key to Organizational Wellness

Terryberry

A Boost in Your Company's Bottom Line Research conducted in 2016 looked at the performance of companies that have strong workplace wellness practices. Offer Incentives and Recognition Incentives and recognition associated with your organizational wellness program can encourage otherwise reluctant employees to participate.

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Are Your Variable Pay Practices Factoring into the Gender Pay Gap?

HR Daily Advisor

What role does variable/incentive pay play in that overall inequity? They recently conducted a detailed study of about 11,000 employees who all started their jobs at the same time and stayed with their respective employers for over 6 years (Q3 of 2010 through Q4 of 2016). Cohorts were of similar ages and starting base salaries.

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37 Creative Employee Reward Ideas (2016 Update)

Bonusly

The list was so popular, we updated and expanded it for 2016. Provide an incentive for them to hold a master class -- you could fund it through the rewards program. It costs nothing, can boost morale, and presents the opportunity for members of the team to share a bit about themselves. Professional Development.