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What Does a Bonus Mean?

Compensation Cafe

After all, we often don't make much of a communication effort when we award bonuses. When it comes to bonuses, the understood link with business results is often sketchy, too. If merit increases are about individual performance, bonuses are about team performance on the organizational level. Employees remember their multiplier.

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The power of payroll data: An interview with a leader in data management, BI, and people analytics

Visier

Payroll data that shows commission cost as a percentage of company revenue may demonstrate how the organization is benefitting from its continued commission incentive programs. Download the eBook, The Big Book of People Analytics: Payroll Data , to learn how to take your data and use it to improve business outcomes.

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Having Trouble Unplugging?

Compensation Cafe

Closing the books on merit increases may be on schedule, but there are always loose ends to clear up before you get slammed with Q1 bonus and incentive work. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans.

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How to Make Headway on Pay Transparency

Compensation Cafe

It's time to accept that your job has changed from gatekeeper (limiting access to pay knowledge until employees are "ready") to educator (describing the nuts and bolts of salaries and incentives). After all, it's not just compensation information you'll be sharing but, eventually, a whole new open-book pay-for-performance philosophy.)

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2 Surprising Sources of Employee Motivation—And It’s Not What You Think

Hppy

Too many managers and bosses believe that money is an effective reward and incentive for doing one’s best work. In Payoff , Dan Ariely’s latest book, Ariely poses important theories that all human resource managers should study. ” (This is also the subtitle of his book.). Unfortunately, this is often not the case.

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How HRTech Sales Works

SelectSoftware

Here’s the video version: Your First Sales Call When you ask for a demo, or download an eBook, or get reached out to cold, the person on the other end of the phone is an entry level sales person, typically a “ Sales Development Rep ” (SDR) or “Business Development Rep” (BDR).

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Don't Do That! Bad Habits and Compensation

Compensation Cafe

New incentive coming up next year? I've written before about the value of the book, "The Power of Habit" by Charles Duhigg. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans. New business goals coming up next year?