Remove Bonuses and Incentives Remove Compensation Remove Employee Relations Remove Retention and Turnover

Five Steps to Simplify Your Compensation Program

Astron Solutions

As compensation professionals we are often asked if there are alternatives to simplify the method by which compensation decisions are made and communicated within an organization. The following are five basic ways to simplify the complexities of compensation. Employees are placed into the classification and level based upon their competency levels and ability to perform the complexity required. Bonuses represent an amount of pay that is ‘at risk’ every year.

How to handle compensation during uncertain times

Insperity

When businesses go through a crisis resulting in abnormal (or interrupted) operations and significant economic challenges, many companies look to their compensation budgets as an obvious means of cutting costs. Creative compensation strategies for struggling businesses in crisis.

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What’s the Best Way to Get Bonuses to Remote Employees?

Zenefits

If you’re like many businesses coming out of the pandemic economic shutdowns, you’re managing more remote employees than you used to. Unfortunately, this can make simple tasks like onboarding, open enrollment, and even handing out bonus packages a headache. Annual bonus.

59 Awesome Employee Engagement Ideas & Activities for 2018 (Plus 10 New Bonus Ideas)

SnackNation

59 Awesome Employee Engagement Ideas & Activities for 2018 (Plus 10 New Bonus Ideas). The Top Employee Engagement Ideas: Align your company with a purpose. HR managers can agree that employee engagement and retention are at the top of their priority list. Many employees in today’s job market quickly feel uninspired by their work, get bored after 2 years and start job hunting for something new. Free bonus: Download this entire list as a PDF.

Headcount Planning: An HR Practitioner’s Guide

AIHR

Headcount planning involves setting hiring targets, creating reskilling and upskilling plans for current employees, decreasing employee turnover, and analyzing worksite occupancy and company-specific objectives and strategies.

BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

How much of an increase in pay are your employees receiving in 2017? last year and 16% the year before) of employers awarding merit increases of up to 2.5% (averaged across all employee types). awarded as much to employees at the management level, 19.7% awarded it to non-management salaried exempt employees, 20.6% awarded the same to hourly office employees, and 18.8% of base pay as an increase to hourly non-office employees. 2017 Bonuses.

Top priorities for HR due diligence in a corporate transaction

HR Times

For organizations involved in a corporate transaction, understanding the HR-related impacts and potential risks from a financial, people/culture, and operational/structural perspective is vitally important to maximizing transaction value. Related links. Savvy leaders, however, realize that human capital/employee costs are often the largest and riskiest target company expenses. Employee-related liabilities. Employee engagement levels. Retention concerns.

HR Glossary of Terms

Zenefits

ATS, employee handbook, HRIS, workers’ comp … there are plenty of acronyms and terms in the HR world to know and stay on top of. When an employee habitually fails to show up for work as scheduled without good reason. Common-Law Employee. Employee Engagement.

Top priorities for HR due diligence in a corporate transaction

Bersin

For organizations involved in a corporate transaction, understanding the HR-related impacts and potential risks from a financial, people/culture, and operational/structural perspective is vitally important to maximizing transaction value. Related links. Savvy leaders, however, realize that human capital/employee costs are often the largest and riskiest target company expenses. Employee-related liabilities. Employee engagement levels. Retention concerns.