Stop Wasting Money on Signing Bonuses: 3 Recruiting Incentives That Actually Work

Yello

Candidates may feel great about getting a 5–25% bonus check but having to sign a scary-sounding contract detailing what’s going to happen if they leave too soon feels icky. And if word gets out that signing bonuses were offered to some employees and not others?

Marketing Compensation to Employees and Managers? You Bet.

Compensation Cafe

Just as increased medical deductibles can simply telegraph higher out-of-pocket costs to employees unless they are addressed from a marketing standpoint, compensation announcements are strengthened by addressing employees' desires for recognition, a career with a successful company and retirement.

Job Candidates: How to Win Friends and Influence Their Decisions to Join You

Compensation Cafe

They also want to know your company's plans for the future, which they will use as a road map for their own career potential in your company. If you have strong savings and retirement plans, don't skip that topic either. Everyone was impressed with the prospective employee.

eBook 60

Pay Equity: Facts and Questions

Compensation Cafe

Start your career with an unnecessarily low salary and you will stay in the lower distribution of your pay opportunities for years, if not decades, to come. Don't forget to add lower bonuses, equity awards, retirement contributions and so on.

eBook 52

Will Employee Compensation Beat Out the Kardashians for Celebrity Status?

Compensation Cafe

You can find the headline " One-Time Bonuses and Perks Muscle Out Pay Raises for Workers " on the front page of the Business Day section. Should we recognize a bubble has been forming, and liquidate our retirement investments (so we can bury them in the back yard)?

The 7 Elements of an Unforgettable Employee Experience

EmployeeConnect

Before computers, employees developed personal relationships with customers. Development An employee’s perception of a company’s value often hinges on advancement and development opportunities. These include cross-training programs, management training, skills development, certification programs and educational opportunities. The best development programs offer potential career advancement or promotion within the company.

20+ Employee Recognition Program Benefits and Ideas

Semos Cloud

Bonuses . Paid career development and training opportunities . Retirement and healthcare plans . Moreover, according to Incentive Marketing Association , 65% of employees prefer non-cash incentives. . Internal career development .

The Employee Experience: how the right benefits can bolster engagement

Interact-Intranet

And like any good asset, growth and development are to be expected, even welcomed. Offering benefits to staff shows them that you’re not only invested in their futures at the organization, but also proves that you care about their overall health, personal goals, and professional development.

The Employee Experience: how the right benefits can bolster engagement

Interact-Intranet

And like any good asset, growth and development are to be expected, even welcomed. Offering benefits to staff shows them that you’re not only invested in their futures at the organization, but also proves that you care about their overall health, personal goals, and professional development.

Worker Woes? 9 Tips for Retaining Employees in a Tough Market

Workstride

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. What that means is that companies must now work harder to entice workers through pay raises, training and other incentives. Promote professional development. Ensure your organization offers career development and growth opportunities.

3 Best Practices for Recruiting Millennials

Precheck

Millennials currently earning higher degrees in healthcare understand endless opportunities await them, especially as preceding generations retire from the field and the demand for care rises. Develop a Mentorship Program. 3 Best Practices for Recruiting Millennials Jul. 12, 2017.

Great Methods for Retaining your Best Employees.

Unicorn HRO

This also gives employers an opportunity to provide feedback on their workers’ performance and guidance for them in their career development. This includes arranging for incentives such as bonuses for improved performance, offering employees stock options or equity awards, and providing extensive benefits packages such as 401K retirement and family health and dental plans.

How to Painlessly Communicate Employee Equity Compensation Programs

GuideSpark

It is clear that employee equity compensation plans have moved beyond a simple financial incentive and now are an essential component of companies’ recruitment and retention strategies. By Linda Itskovitz, VP of Marketing, GuideSpark. Blog originally published on HR.BLR.com.