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Effective Performance Management for Employees Returning to Work

EmployeeConnect

Effective performance management is essential during this time to ensure employees feel supported, motivated, and engaged in their work. Employers need to take a strategic approach to performance management, understanding the unique challenges employees face, and providing them with the necessary tools and resources to succeed.

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Pay-for-Performance Management and Compensation: A Symbiotic Relationship

HRsoft

Alternatively, when compensation is poorly managed or allocated, it can result in the loss of key talent, misaligned objectives, and poor company earnings. In this article, we’ll explore the connection between performance management and compensation, including what they are, how they work together, and the importance of leveraging them.

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Performance Appraisal: The Ultimate Guide

Analytics in HR

It can also be referred to as the performance review, performance evaluation, or employee appraisal. Performance appraisals are a platform to provide feedback, offer a formal moment in time to evaluate job performance, and help distribute raises and bonuses among employees. In my view, this is a mistake.

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Top 2023 Trends in Compensation Strategy 

EmployeeConnect

This article will discuss the top trends in the compensation strategy in 2023 and help you understand its mechanics in detail. A compensation strategy simply refers to a holistic compensation management system, including the salary, bonuses, and benefits structure for your employees. What is a Compensation Strategy?

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Stop the $600 Annual Incentive!

Compensation Cafe

As regular readers know, I am someone who does a ton of incentive compensation work. I believe in incentives and their ability to align people with the culture, strategy, and goals of a company. I know incentives work when properly designed and communicated. The first is a big-ticket item that aligns well with management.

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Growing a Healthy Compensation Program -- Part Two

Compensation Cafe

This is the second article in a series. "If Case background: In the first article , we looked at the compensation habits of a company called Healthy Gadgets, a new medical device company that began with fewer than 100 employees. and you can go home many more weekends feeling confident that you're an effective HR leader."

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Employee Experience: A Complete Guide for HR

Analytics in HR

This means focusing on employee experience management to improve how the workplace feels to employees. In this article, we will take a deep dive into the employee experience and offer ways to help you improve yours. Organizations must prioritize people’s needs and expectations to compete for talent in today’s job market.