Remove Bonuses and Incentives Remove Compensation Remove Employee Recognition Remove Metrics

How to Choose the Best Employee Recognition Program for Your Company

Bonusly

As humans, we need recognition. Recognition is a key aspect of these psychological needs. Whether you’re considering sending simple thank you cards or presenting elaborate awards, the fact remains that recognition makes employees feel valued and inspires them to perform better at work.

Cafe Classic: Is it Safe to Incent Safety?

Compensation Cafe

Should rewards be used to incent greater attention to safety? Is it a good idea to include safety metrics in a broad-based employee incentive plan? I recently came across an interesting article in Incentive Magazine about safety incentives.

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3 Practices for Effective Bonus Administration

HRsoft

When executed effectively, bonus administration can incentivize improved performance. It also provides the recognition most employees seek, which can support employee engagement and help you retain your top talent. However, mastering bonus pay isn’t always easy.

Promotions, Bonuses, Raises, Recognition - When They Work (and When They Don't)

Compensation Cafe

You can’t give all employees promotions, bonuses, or raises. Social recognition, however, can be applied to all. In perhaps a worst-case scenario, promotions are little more than title changes in which the employee’s job duties change little if at all with no pay increase.

5 Ways To Recognize Employees in the Transportation & Logistics Industry

CoreCentive

This article will examine strategies companies can use to address this problem head on and boost employee engagement. Recognition programs may include referral bonuses or non-monetary compensation such as priority for in-demand routes. Metrics-Based Recognition.

Where Have All the Raises Gone?

Compensation Cafe

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation.

Employees on the Brink: What’s their breaking Point? - Sapling Blog

Sapling

We all wish for employees who wake up in the morning saying “Wow, I get to go to work today!” Unfortunately, most employees aren’t at all excited about their current work situation. In fact, it’s possible that many of your employees are on the verge of walking away from their jobs.

How to Effectively Incentivize Your Sales Team

Bonusly

That’s why US companies spend up to $800 billion each year on sales compensations, more than three times what they spend on advertising. Metrics prove that incentivizing sales teams boosts your bottom line. With the right incentives, businesses can keep their pipelines full.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Employee Engagement. Employee Experience. Exempt Vs Non-Exempt Employees? Benefits and Compensation. Employee leave of absence: Everything you need to know. Employee recognition ideas: 52 epic ways to give rewards. Employee Retention and Benefits.

Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

Close to two-thirds of employees and managers agree that the typical annual performance review process is outdated and ineffective—contributing to a poor employee experience. In many systems, managers can simply pick their rating for each employee from a drop-down list.