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Employee bonus programs: What’s right for your company?

Insperity

A thoughtful, high-value employee bonus program can help make the difference between struggling to recruit and retain talented employees , and having a workplace that employees never want to leave. Employee bonus programs defined. Reward top performers, thus inspiring employees to perform well. Spot bonus.

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5 Insanely Great Company Perks That Will Draw Top Talent

Achievers

Incentive Magazine revealed employee benefits are more valuable than ever – according to MetLife’s 10th annual study of employee benefits trends, there is a strong relationship between satisfaction with benefits and overall job satisfaction.

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How To Use Tangible Rewards For Employees: 40 Examples

Fond

I once worked at a company that gave every employee a gift basket for Christmas. Tangible rewards are rewards that can be seen and quantified—such as vouchers, cash bonuses, a pay rise, company merchandise, or gift cards. Why Do Employees Prefer Tangible Rewards to Cash? What Are Tangible Rewards?

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? .: employer-sponsored 401(k) plans. The SECURE 2.0 Major highlights of the SECURE 2.0 The SECURE 2.0

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How to be an employer of choice – even in uncertain times

Insperity

Some companies solidify this value by: Providing employees with paid time off (PTO) to volunteer Matching employees’ eligible charitable donations Creating a fund for employees facing crisis or hardship. Employers of choice don’t miss chances to recognize their employees.

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Why Gift Cards Make the Best Employee Rewards

Bonusly

The Incentive Research Foundation (IRF) found that the preference for cash (including open-loop gift cards) and reward earner salary are negatively correlated. A negative correlation means that the more money an employee makes, the less likely a cash gift would be considered impactful for them. Employees can treat themselves.

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What it Takes to Build a High-Performance Workforce

Hppy

Also read: The Link Between Performance Management and Employee Engagement. Leadership and Employee Engagement. In 2017, employee statistics showed that 51% of the U.S. workforce is not engaged. But as previously mentioned, employees need to know what they are working for.