What No One Tells You About Employee Incentive Programs

Vantage Circle

You’ve probably heard about employee incentive programs and may already have a basic understanding of what they entail. However, there’s much more to these programs than offering a simple bonus. Hence, in today’s competitive job market, offering perks or a mere bonus isn’t enough.

Does Discretionary = Discriminatory?

Compensation Cafe

At many companies, there is still a widespread allowance for discretion in setting pay levels, variable compensation incentives, and equity compensation awards. It is still a common practice for companies to offer discretionary “bonus” programs.

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Cafe Classic: Don't Be Fair - Be Consistent!

Compensation Cafe

Discrimination and fairness. In his post, More Discrimination Is Needed , Jim made an excellent point: The very act of discrimination can be either bad or good, because some differences must be ignored while other distinctions should be noted.

We’re Hiring! Become a Travel Registration Manager at Incentive Solutions!

The Incentive Solutions News blog

Why Incentive Solutions? . At Incentive Solutions we inspire growth – for our clients and our employees. We do this by providing award winning, incentive marketing strategies, backed by data, and driven through a variety of technology tools and rewards.

OSHA Clarifies Guidance on Post-Incident Drug Testing and Workplace Safety Incentive Programs

General Information Services

The rule prohibited employers from discharging or discriminating against an employee for reporting a work-related injuries or illness. Post-incident drug testing policies and safety incentive programs would only violate 29 C.F.R. Incentive programs may be used to promote workplace safety and health. OSHA’s new interpretation permits and encourages safety incentive programs for employees.

everyone knew I was fired before I knew, losing a bonus, and more

Ask a Manager

Losing a bonus after giving notice in December. He just found out that they are giving out Christmas bonuses to all of the general managers except him since he is leaving the company. How can they discriminate against him like that? Why are they giving everyone a bonus except him? They’re giving out the bonus while he is still working for them and is still employed by them. It’s five answers to five questions. Here we go….

Cafe Classic: Stop Spreading the Peanut Butter and Start Feeding the Eagles

Compensation Cafe

Over the years it’s gone from a concept used to protect against gross discrimination of gender and race to a concept used to create policies for everything from bereavement leave to bathroom usage. Base Salaries Compensation Philosophy Incentives/Bonuses Pay for Performance Performance ManagementEditor's Note: Classic insights - and some great quotes - on risk aversity versus risk leveraging in pay management via Jacque Vilet. "

Best of the Force: Simplicity Requires the Courage to be Clear

Compensation Force

Complexity is a frequent challenge with incentive plans, particularly (but by no means exclusively) in the arena of sales compensation. Often the reason they are not is because there is an unwillingness to sort, prioritize and discriminate relative to optimal performance results. Bonus/Incentives Communication Pay for Performance Sales CompensationOur Best of the Force series highlights some of the most popular posts from our archives.

Netchex Multiplex: How would HR handle your favorite movie characters?

Netchex HR Blog

Incentives such as bonuses and earning additional PTO can inspire employees to work a little harder. Problematic employees are impossible to avoid. Every company experiences them sooner or later—even small businesses. They still slip through the cracks occasionally and get hired.

Retention and Rewards: The Double Edged Sword

Compensation Force

It''s time we become more discriminating and strategic in our retention efforts and stop spreading them evenly across the organization. Others will discover that employees with outdated skills who may be unable or unwilling to meet changing role expectations, and who are now paid at above-market levels, may have scarce incentive to move on and little motivation to upgrade their capabilities. Base Salary Management Bonus/Incentives Compensation Philosophy Pay for Performance

Time for Another Look at Wellness Programs

Compensation Cafe

Companies have used the “carrot” giving employees financial incentives to participate, such as discounts on health insurance. Some companies have faced workplace discrimination lawsuits over the use of financial penalties. Orion started a wellness program in 2009 and asked its employees to take a “health risk assessment.” Employers don’t usually insist their employees participate but it’s common for them to give incentives to participate.

Fishing for Facts about Pay Inequity

Compensation Cafe

President Obama announced a widened executive action initiative to gather facts about pay discrimination based on gender, race and ethnicity. Base Salaries Executive Compensation Gender Equity Incentives/Bonuses Total RewardsFriday brought another bombshell about pay to gladden the hearts of compensation people looking for more work. It expands the prior two August 2014 executive orders for pay equity inspections at federal contractors.

6 Ways to Ensure ADEA compliance

Accurate Background

This month marks the 54th anniversary of the Age Discrimination in Employment Act of 1967 (ADEA), an act which, “forbids employment discrimination against anyone at least 40 years of age in the United States.”.

2021 Could Be the Year The Equality Act Becomes Law

Trusaic

First introduced in 2019, the Equality Act includes major changes to the Civil Rights Act and would expand individual protections to prevent discrimination based on sexual orientation and gender identity. do not have anti-discrimination protections for these individuals. .

Not Ready to Mandate the Vaccine? Here Are Some Alternatives that May Encourage It

HR Counselor's Corner

Offer an Incentive. Examples of incentives are a bonus or extra paid time off. To make an impact, it might be useful to benchmark incentives with other companies. As you may suspect, there are legalities around offering incentives.

Entitlement – It’s Your Fault

PerformanceICreate

A team was pissed the incentive offered wasn’t given because…wait for it…the work wasn’t done. As a bonus, I’ve also thrown away an opportunity to motivate and encourage discretionary performance and instead, created either distrust of my “position power” or an entitlement. Absolutely, and I believe all are entitled to a productive environment free of harassment and discrimination. “Hey, that’s not fair!”.

Are Your Variable Pay Practices Factoring into the Gender Pay Gap?

HR Daily Advisor

What role does variable/incentive pay play in that overall inequity? The study examined how compensation patterns for each gender varied by average base salary and average annual bonus, Yildirmaz explained. The study looked at discrepancies between base pay at the time of hire, their average annual bonus (if they received one) in their first full year of employment, and their base pay and average annual bonus in their 6th year of employment.

We’re Hiring for a Sr. Multi-Media Designer!

The Incentive Solutions News blog

Incentive Solutions. Incentive Rewards. Our Incentive rewards inspire motivation in your participants and produce the most ROI for your brand. Incentive Programs. Our incentive programs are strategically designed to help produce measurable growth for your business.

Women in Leadership: #BalanceforBetter

Ultimate Software

However, if organizations won’t do it on their own, I’m not totally opposed to legal incentives to urge and reward them for doing so. How do I address the issue that I am not comfortable doing both jobs without any raise, bonus or recognition? Do not let naysayers or age discrimination stop or deter you if you feel you have more to learn and give. Do not be blind to the potential for ageism or age discrimination.

How to Create an Effective Compensation Philosophy

Analytics in HR

The Lilly Ledbetter Fair Pay Act of 2009 is a law enacted by Congress that strengthened worker protections against discrimination in pay. Unfortunately, a flexible pay philosophy can also lead to perceptions of bias, inequity, unfairness, and even discrimination.

Most Important Developments for 2/12

GetFive

One of the largest hospital systems in Texas is offering $500 “hope bonuses” to its 26,000 workers to get inoculated against COVID-19, joining businesses nationwide betting that they can sway vaccine-reluctant employees with incentives, and that their strategy passes legal muster.

What is Compensation Management?

Zenefits

Compensation management is the process of ensuring that an organization’s salaries and bonuses remain competitive, appropriate, and equitable. If salary, bonuses, and benefits aren’t managed properly, employees might find much better comp packages elsewhere, performance and job satisfaction could decline, and several other factors could negatively impact the business. Wellness incentive programs, in particular, are having a major impact on employee compensation packages.”

HR Insights for this Christmas

CandidateZip

The problems may include low productivity, discrimination, holidays request, bonuses, incentive, etc. Offer Training Programs: Invest in your team rather than merely showing gratitude with the bonus; why not offer them training and career development courses?

How to handle compensation during uncertain times

Insperity

Adjustment of annual incentives or targets. You have the option to end bonuses that employees can earn – usually on a quarterly, semiannual or annual basis – for meeting predetermined performance criteria. Retention bonuses. Non-wage-related incentives.

HR Insights for this Christmas

CandidateZip

The problems may include low productivity, discrimination, holidays request, bonuses, incentive, etc. Offer Training Programs: Invest in your team rather than merely showing gratitude with the bonus; why not offer them training and career development courses?

HR Insights for this Christmas

CandidateZip

The problems may include low productivity, discrimination, holidays request, bonuses, incentive, etc. Offer Training Programs: Invest in your team rather than merely showing gratitude with the bonus; why not offer them training and career development courses?

Faith, Trust, and Pixie Dust at Total Rewards

WorkHuman

For example, WorldatWork supports the End Pay Discrimination Through Information Act, which clarifies that it’s unlawful for an employer to retaliate against an employee who voluntarily discusses compensation. On average, women’s bonuses are 56% that of men’s bonuses. What’s especially alarming about this research is it shows bonus pay can become a huge liability and risk for businesses.

Compliance check from legal experts: Policy changes you need to make before 2020

HR Morning

Employers are permitted to satisfy up to 10% of employees’ annual salary through non-discretionary bonuses and incentive pay — including commissions. PricewaterhouseCoopers ended up in court for age discrimination after allegedly turning most of its recruiting efforts to college campuses, specifically targeting young prospective hires. JPMorgan Chase had to pay $5 million to settle a sex discrimination suit because it offered women more parental leave than men.

Colorado’s Equal Pay Act [7 Examples of New Language in Job Postings]

Ongig

” Here are a few highlights and requirements from Colorado’s Equal Pay Equal Work Act: the act offers protection for employees against sex-based pay discrimination for work that requires similar tasks or responsibilities.

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

Ongig

What’s Wrong With Retention Bonuses? Discrimination. Employee Incentive Programs: Designing the Best Program. 6 Non-Monetary Incentives & Rewards to Boost Employee Motivation. 10 Non-Monetary Incentives to Reward Staff.

How to develop and refine critical human resource skills

PeopleStrategy

The basics include ensuring employees receive their correct salary on the expected pay date – via ACH direct deposit or as physical payroll checks – as well as covering any commissions, bonuses or expense reimbursements.

how do I talk to my husband about his poor work ethic and bad attitude?

Ask a Manager

His bonus is dependent on the results of the review, and this year he’s receiving one-third of the amount he received last year. I have always worked in a white-collar environment, and so I tried to explain gently where I think they’re coming from (unplanned sick days cause a lot of disruptions for managers and teams, bonuses aren’t guaranteed, they’re an incentive to perform well, etc.)

Cafe Classic: Do Generational Differences Matter For Total Rewards Strategies? Part 2

Compensation Cafe

In this post, we'll talk about the implications of those differences for incentives and benefits, and how to incorporate these differences in a comprehensive total rewards strategy. To give you a quick recap, CEO Magazine's article "Meeting the Challenges of Tomorrow's Workplace" summarized the differences in core values as follows: Because each generation has different core values, the types of incentives that are most effective differ by generation: .

The New HR Rules: Employment law updates for 2020

Business Management Daily

The applicant won’t get an offer that’s less than her credentials suggest just because her old employer discriminated. Two will answer the question of whether Title VII, the primary federal law governing employment discrimination, prohibits sexual orientation discrimination. One will test whether workers transitioning from one sex to another have protection from workplace discrimination. Meanwhile, review your current anti-discrimination policies and handbook.

We’re Hiring for an Art Director!

The Incentive Solutions News blog

Why Incentive Solutions? At Incentive Solutions we inspire growth – for our clients and our employees. We do this by offering award winning incentive marketing strategies, backed by data, and driven through a variety of technology tools and rewards.