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Want a Better Culture? Set Compensation Strategy Accordingly

Compensation Today

As we continue down the path into knowledge-based work, employees are becoming more and more impactful to the success or failure of a business. When these same organizations turn around and give raises annually, or even give bonuses annually, their compensation is inconsistent with their culture.

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How to Retain and Engage your Long-Standing Valued Employees

Empuls

As essential assets for any organization, long-standing valued employees offer the following benefits: They provide a solid knowledge base of the organization’s culture, products, and services. Additional benefits such as retention bonuses are extra incentives to keep them happy and performing well.

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7 Management Mistakes That Can Hamper Employee Productivity

Vantage Circle

They manage logos, button placement, charts, data visualization in blog entries, etc. It is possible to set KPIs for a graphic designer based on open rates, conversion rates, and engagement metrics like (time spent, bounce rate, etc.). If you have a bigger team, rewarding them with an incentive can also work wonders.

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Top 10 HR Best Practices to build Better Workplaces in 2020

CuteHR

These areas include employment and selection, training for better skills and development, transparency, benefits for employees, employee incentives, compensation and evaluations, and terminations. Sharing information about contracts, sales, different clients, objectives, policies, employee personal data, etc. Performance-based bonuses.

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The recruitment process: 10 things you need to master to succeed

Workable

In this case, a referral bonus could work as an incentive. You can also look at benchmark data for different positions, for example, in the tech sector. Hiring will go like clockwork only when you keep tasks, roles and data organized. An outdated website will certainly not leave a good impression. Reduce hiring costs.