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6 Types of Bonuses and Perks for Employees

HR Digest

. Bonuses are a way to show appreciation of an employee’s effort or performing a task beyond and above the call of duty. He says structured bonus programs are still very popular with organisations and on average companies are planning to budget 13 per cent of their payroll for bonus expenses.

IN MEMORIUM: FAREWELL ANNUAL RAISE

Compensation Cafe

An article was published last week with data from Aon Hewitt and Towers Watson that showed the annual pay raise is essentially dead (and in Towers Watson’s case, bonus pools will also be underfunded). Increases in pay will come from incentive plans, if they are funded.

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A Word to the Wise, Once Again!

Compensation Cafe

Have a look at what the outside world says about our work -- at a minimum, you're bound to learn some things about Glassdoor that will come in handy: " Where Did Your Pay Raise Go? It May Have Become a Bonus " We all know about this trend, we've helped to create it.

The Future Is Us!

Compensation Cafe

And as Dan pointed out yesterday, even the august duo of Towers Watson and Aon Hewitt are admitting to what the data has actually told us for a few years, ". let's not just stick those incentives on a flat base pay and call it total compensation.

How Intrinsic Employee Motivation Will Help You Build Your Dream Team

Business2Community Leadership

It doesn’t matter how great your product or service is. Did you put in equal effort at both jobs? For one, motivated employees are: More productive, which leads to greater success in achieving company objectives. How is their current role at your company helping them get there?

How Just-In-Time Training Leads to Sales Growth

Rallyware for Human Resources

Of course, there is a wide range of incentives including bonuses, cash rewards, discounts on company products, and so on. JITT resources are concise, convenient, and aimed at helping workforce to achieve specific objectives. The newly learned information can be applied at a moment’s notice, and easily optimized for long-term memory. At least, not in the way people usually define this word. Sales success isn’t magic.