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Cafe Classic: To Innovate in Rewards, Get Outside the Rewards Profession

Compensation Cafe

That we will lead the revolution, just as soon as we get those year-end budgets and incentive plan changes completed and find the time to get our innovation game on. Research conducted by organizational psychologists at Cornell University examines our bias against creativity and why people desire but reject creative ideas.

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Cafe Classic: Tinker, Tailor, Experiential Learner

Compensation Cafe

Editor's Note: I'm a fan of the provocative books of Nassim Nicholas Taleb and am currently working my way through Skin in the Game , which promises to have some interesting lessons for the practice of compensation. Recently I wrote a post about the movement towards evidence-based rewards management coming our way.

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The Role of Total Rewards in the Company

Semos Cloud

This is explained by the fact that the amount of money an employee receives does not fundamentally change an employee’s feelings and attitudes towards their daily work, nor does it guarantee their long-term stay at the company. . Compensation refers to the combination of all direct ways an employee can earn money at their position.

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. While having a dedicated staffer to focus on diagnosing and resolving turnover issues is essential, leaders at all levels must take turnover seriously.

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Time Wasting: The Anti-Reward

Compensation Cafe

Is time wasting, as a product of poorly structured (and perhaps poorly incented) management undermining your reward program? Managers feel the need to minimize costs -- at all costs -- and pursue wide involvement and buy-in as a form of self-protection against accountability and failure. Would they get fired?

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Ultimate HR Calendar 2023: Key Dates (+How To Celebrate Them)

Vantage Circle

Set up a mini challenge for National Hobby Month where you ask your team to dedicate an hour of every workday to a hobby and show it off at the end of the month. Conflicts, like mold, can eat away at the authenticity of your culture until it's too late to fix. Community Manager Appreciation Day (#CMAD): January 24, 2023, Tuesday.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Chapter 6:Future of Total Rewards in HRM. Chapter 7: Some Useful Resources and Books on Total Rewards. Chapter 1: Introduction to Total Rewards. What are Total Rewards in HRM? "Total "Total rewards" is a broad term for an organization's total employee-related costs. The Types of Rewards.