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Most employee bonuses last year were expected to match 2023 levels

HR Brew

Last year, the bonus pool at 58% of companies was expected to match the 2023 incentives rate, according to a survey by Gartner. The 2024 study (surveying 64 total rewards leaders) found that 11% of organizations planned to increase their short-term incentive budgets, while 6% expected to decrease.

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How incentive theory drives motivation and behavior in the workplace

Achievers

Incentive theory offers valuable insights into what drives employee motivation in the workplace. Whether it’s a financial perk, professional growth opportunity , or simple recognition, incentives help create a culture where employees feel valued and motivated to contribute their best. What is incentive theory?

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Flexibility is employees’ most valued benefit after salary

HR Brew

Incentive pay, such as bonuses and commissions, was second, with 64% of the roughly 1,500 respondents selecting it. Workplace flexibility in hours and location topped employees’ list of most desired benefits after a good salary, with 65% of workers surveyed by the Conference Board rating it in their top five desired perks.

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Disgruntled Employee: Meaning, Threats & Ways to Deal

HR Lineup

Incentives: Offer incentives such as bonuses, extra vacation days, or gift cards for outstanding performance. Recognize and Reward Acknowledging and rewarding employees for their hard work and achievements can boost morale and motivation.

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The referral goldmine: How to turn your best candidates into recruiters

Bullhorn Blog

Offer incentives that people actually care about. VIP referrers can get higher referral bonuses, early access to jobs, or even a special ambassador title. If you want to boost referrals and grow your talent pipeline organically, you need a different approach. Lets break it down. Heres how: Talk about referrals early and often.

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12 Pros and Cons of Pay-for-Performance Compensation | ClearCompany

ClearCompany HRM

Pay-for-performance is a compensation strategy that links financial incentives — like bonuses or extra PTO — to individual performance outcomes. While these incentives are typically rewarded on top of base salaries, merit raises that increase base salary are also a pay-for-performance tactic.

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Recruit Those That Can Start Work Immediately – With “Start Next Week Hiring”

Dr. John Sullivan

A “start on time” incentive will increase your offer acceptance rate almost every final candidate will be able to think of a dozen reasons why they could or should delay starting a new job. Simply because it’s easy for them to decide to stay in their current situation.

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