The Incentive Solutions News blog

JUNE 2, 2020

While the hiring process can have a large impact on retention rates, the real challenge for HR departments is keeping up with evolving employee expectations. How does a company go about retaining employees? Why is employee retention important? Companies with high employee-retention rates bring in 4X the amount of profits.

Retention and Turnover 78

Retention and Turnover Hiring Software Planning Tools HR Software 78

Digital HR Tech

FEBRUARY 10, 2021

It can include unique rewards for different job levels, such as mid-level management vs. executives — who are seeking different forms of compensation (performance bonuses vs. equity in the company). Direct compensation includes: Salary or hourly wages Retirement savings Paid time off Health insurance. These are just for starters.

Compensation 118

Compensation HR Planning HR Software Wage and Hour Training 118

Achievers

OCTOBER 20, 2020

Perhaps the most important thing they can do to keep employees engaged is effectively incentivize them. Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best.

Bonuses and Incentives 260

Bonuses and Incentives Hiring Software Planning Tools HR Software 260

CoreCentive

JANUARY 15, 2020

This article will examine strategies companies can use to address this problem head on and boost employee engagement. Recognition programs may include referral bonuses or non-monetary compensation such as priority for in-demand routes. Referrals may fill some open headcount but not enough to replace retiring drivers.

Industry 59

Industry Retention and Turnover Hiring Software Metrics 59

Analytics in HR

APRIL 17, 2023

An employee incentive program can have a powerful impact on your organization. That’s why we’ve identified the top 20 employee incentive ideas. Come along for a deep dive to discover how they can inspire and motivate your employees. Contents What are employee incentives?

Bonuses and Incentives 86

Bonuses and Incentives Hiring Software Planning Tools Retention and Turnover 86

CuteHR

JUNE 14, 2021

One of the most accomplishable ways to achieve employee engagement and retain them is by incentivizing them. Incentives give employees something to aim for and motivation to work much harder without actually telling them to work hard. What Is An Employee Incentive Program?

Bonuses and Incentives 55

Bonuses and Incentives HR Software Planning Tools Interview Software 55

Semos Cloud

JULY 31, 2020

Often, these benefits provide employees with necessary goods or services that make their lives easier and better. . In this article, we will explain what employee benefits are and present a list of most popular employee benefits. Retirement plan . Employee wellbeing program .

Employee Appreciation 98

Employee Appreciation Wage and Hour Training HR Software Employee Recognition 98

Vantage Circle

SEPTEMBER 11, 2023

Such platform consist of specific benefits administration software designed for managing and administering employee benefits programs. Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more.

HR Software 52

HR Software Planning Tools Onboarding Software Hiring Software 52

Workstride

OCTOBER 19, 2018

The situation looks even more dire in the manufacturing segment, a more traditional industry, which is expected to fall short by 2 million workers between 2017 and 2027 due to the one-two punch of industry growth and retiring baby boomers. Consider bonuses, gift cards and celebrations of big events in your employees’ lives.

Hiring Software 51

Hiring Software Bonuses and Incentives Employee Recognition Study 51

Semos Cloud

DECEMBER 22, 2022

While most companies aren’t strangers to physical, in-person recognition, the realm of virtual recognition and rewards (R&R) has expanded in every industry, including the ones that rely heavily on blue-collar workers. . Of course, tangible rewards are not merely monetary bonuses, but rewards such as gifts or merchandise. .

HR Software 52

HR Software Hiring Software Bonuses and Incentives Planning Tools 52

Semos Cloud

JULY 31, 2020

Often, these benefits provide employees with necessary goods or services that make their lives easier and better. . In this article, we will explain what employee benefits are and present a list of most popular employee benefits. Retirement plan . Employee wellbeing program .

Employee Benefits 64

Employee Benefits Examples Wage and Hour Training HR Software 64