Remove Bonuses and Incentives Remove Definition Remove Employee Recognition Remove Workshop
article thumbnail

Keep Your Team Happy: How to Improve Employee Morale

Homebase

Set up comfortable spaces for employees to chat and unwind during breaks. Create an employee recognition program Saying thank you is always appreciated, but it’s not always enough for employees to feel that their employer values them. Developing a strong employee recognition program can help with that.

article thumbnail

Cafe Classic: Is Pay a Critical Part of Culture or Not?

Compensation Cafe

So what is driving the results from employees, and what should HR and managers be doing about it? If we look to this definition of culture , perhaps pay fits into employees’ notion of artifacts as the observable portion of that culture, reflecting deeply held values and implicit assumptions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is “Annual Incentive” a Contradiction in Terms?

Compensation Cafe

In the best cases, these schemes are designed to differentiate among performance levels, rewarding effort and results with annual merit pay increases and other annual incentives. There is a design element to explaining the ineffectiveness of annual incentives.

article thumbnail

What is an employee incentive program: ideas and outcomes

Workable

At their core, employee incentive programs are designed to recognize and reward employees’ contributions, thereby fostering a culture of appreciation, motivation, and loyalty. What are employee incentives? These incentives can be broadly categorized into two types: monetary and non-monetary.

article thumbnail

Is Pay a Critical Part of Culture or Not?

Compensation Cafe

So what is driving the results from employees, and what should HR and managers be doing about it? If we look to this definition of culture , perhaps pay fits into employees’ notion of artifacts as the observable portion of that culture, reflecting deeply held values and implicit assumptions.

article thumbnail

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. percent in the depths of the recession.

AON 40
article thumbnail

4 Keys to Leadership According to Jack Welch

Compensation Cafe

“To be a good leader for your employees, one needs to be rich with your praise, cheer them on, love to watch them grow and be excited about their success. You need to love to give bonuses. Indeed, that’s the very definition of leadership – setting aside personal priorities and goals to help others achieve their best.