article thumbnail

Bonuses Remain the Top Priority for Raising Compensation

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Recently, I wrote about the sluggish state of the US economy and its impact on wages for the third quarter of 2015. Are employee bonuses the new compensation strategy? Will more employers offer bonuses? But, I neglected to mention one thing. They can also be creative.

article thumbnail

7 Tips for Moving to a Pay-for-Performance Culture

Compensation Today

In the 2017 Compensation Best Practices Report , PayScale found that 89 percent of organizations reward and/or recognize performance in some way. In the 2017 Compensation Best Practices Report, PayScale found that 89 percent of organizations reward and/or recognize performance in some way. GET A DEMO. Click To Tweet.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Pay the Friendly Way: United Airlines Ties Executive Compensation to Customer Satisfaction

Compensation Today

GET A DEMO. In the 2017 Compensation Best Practices Report , PayScale shared that most companies do link compensation to performance. And 64 percent of organizations recognize high-performing employees with bonus or incentive (either goal-based or without a formal plan). Learn More About Our Compensation Software.

article thumbnail

Meeting Your Employees Where They Are When It Comes to Pay Transparency

Compensation Today

Among discussion of customer success best practices and trends, there were also deep-dive sessions on customer education and training — my personal area of interest as the Manager of Customer Education here at PayScale. GET A DEMO. What is the pay schedule and when are bonuses or incentives measured and paid out?

Meeting 98
article thumbnail

The Four Times You Should Be Talking About Compensation Throughout the Year

Compensation Today

We’ve written a lot at PayScale about compensation communication — especially about WHY talking about compensation is important, and WHO should be talking about pay. – Explain the details of any bonus, incentive or variable pay plan including eligibility, measurement and payout. GET A DEMO.

article thumbnail

10 Employee Incentive Programs to Engage Your Team

Achievers

Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best. If you’re interested in discovering the most impactful employee incentive programs available for your organization, read on.

article thumbnail

7 Dos and Don’ts of Communicating Total Compensation Reports

Compensation Today

As a PayScaler and a people manager, one of my all-time favorite features of our PayScale Insight product is the (newly updated!) Check out PayScale Professional Services. GET A DEMO. Learn how PayScale can help ! Not sure which route to go? Want to go the extra mile? Need help training managers?