How Employee Incentive Programs Can Benefit from Behavioral Economics

HR Daily Advisor

He was tasked with coming up with a new incentive plan for employees—particularly its sales reps—that aligned with the company’s new corporate strategy, Brewer explained to an audience at WorldatWork’s Total Rewards 2017 conference in Washington D.C. Having been intrigued by articles about behavioral science, he reached out to Kurt Nelson, PhD, President of The Lantern Group, a “communication and behavior change company.”

A Guide to Planning Your HR Budget for 2022

Analytics in HR

With shifting priorities, all organizations need to reevaluate their HR budgeting strategy to ensure effective HR management throughout the year. Take into account: Employee salaries Health insurance Life insurance Retirement plans Paid time off Overtime pay Bonuses Other perks.

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What Do You Do?

Compensation Cafe

Maybe you had to explain it for the umpteenth time to a family member who spent the past year sending you articles about payroll. They may need help on problems with salaries, bonuses or a certain benefit. The primary role of a comp professional is to ensure the right mix of rewards to attract, retain and motivate people to execute its business strategy.

A new business paradigm

HR Times

65 percent of companies surveyed now rate “inclusive growth” as one of their top three goals, eclipsing strategies like “growing market share” or “being the category leader.”. Second is the vertical axis—where every part of the company (sales, marketing, product strategy, engineering, HR, and finance) looks at the impact of external factors on the company and the company’s footprint in the external world. The rise of the social enterprise. Posted by Josh Bersin on April 5, 2018.

CHRO 54

A new business paradigm

Bersin

65 percent of companies surveyed now rate “inclusive growth” as one of their top three goals, eclipsing strategies like “growing market share” or “being the category leader.”. Second is the vertical axis—where every part of the company (sales, marketing, product strategy, engineering, HR, and finance) looks at the impact of external factors on the company and the company’s footprint in the external world. The rise of the social enterprise. Posted by Josh Bersin on April 5, 2018.

CHRO 21