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PTO in a Staycation World

Compensation Cafe

2020, the year of the forced staycation. Robert Half did a survey in May 2020 showed that fewer people were expecting to take summer vacations. Many companies will hard-pressed to meet their annual incentive plan goals this year. Dan is also a leading expert on incentive plans and equity compensation issues.

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Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Minimum Wage By State And 2020 Increases. What’s Wrong With Retention Bonuses? The Best Jobs of 2020. New Overtime Rule Effective January 1, 2020: How to Prepare. 65 Creative Employee Reward Ideas (2020 Update). Meet Your 2020 Campus Recruiting Goals With These 20 Strategies. Paycor Resource Center Blog.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

By 2020 or 2025, do you think you’ll have more or fewer roles turn into revolving door positions? In most organizations, long-term incentives are gone. Take a look at your current incentives for staff. Are your staff rewarded for recruiting new hires and given tenure bonuses tied to how long those new hires stay?

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How to Motivate Employees During a Crisis

Tandem HR

But with the COVID-19 pandemic having an undeniable economical effect on 2020 finances, many CEOs are wondering if there’s an alternative to bonuses. In other words, can you motivate employees in a sustainable way that goes beyond short term monetary incentives? Ask for incentive suggestions. Here is how you do it.

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Why your team members should use their vacation days

Rise

In addition, restrictions on travel may have some employees feeling like there's no point in booking time off if they can't hit certain destinations. Research shows that in 2020 , 92% of employees "cancelled, postponed, or didn't book a vacation due to the pandemic". That’s a liability on the books. .

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New Book Points to 5 Tactics for Improving Inclusive Hiring

Linkedin Talent Blog

That’s a point Cynthia Owyoung makes in her brand-new book All Are Welcome: How to Build a Real Workplace Culture of Inclusion That Delivers Results. Make the interview team as diverse as possible,” Cynthia writes in her book, “so that the people you’re interviewing can see themselves at your firm.”

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The Squeak of the Hamster Wheel

Compensation Cafe

There seem to be enough incentives to create more successful companies and pay people in a way that allows them to have better lives. Recently released data and articles imply that 2021 compensation budgets will look much like 2020 budgets (and those from 2019 and 2018). Connect with Dan on LinkedIn.