article thumbnail

Guide To Drive Employee Recognition

Empuls

Calculate costs  Program costs: Include expenses for recognition events, awards, bonuses, and any software or tools used for managing the program.  Incentive programs  Example: Sales incentive programs  Description: Offers rewards such as bonuses, trips, or gifts for achieving specific targets or goals. 

article thumbnail

A Guide to Planning Your HR Budget for 2022

Analytics in HR

Consider: Training new employees Addressing skills gaps Employee certifications Implementing learning systems E-learning transition. Take into account: Employee salaries Health insurance Life insurance Retirement plans Paid time off Overtime pay Bonuses Other perks. Compensation and benefits. Diversity, equity, and inclusion.