INDUSTRY INSIGHTS YOUR PEERS ARE READING
When it comes to the incentives that motivate us to work harder, we tend to respond differently based on our personalities. Sure, most of us greatly appreciate a generous bonus, commission or restaurant gift card in response to our achievements. Those same principles should apply as you’re designing the channel incentive promotions that are likely to motivate the people working for your partners, distributors, dealers, and others in the channel. MORE
Budgets must be appropriately established to reach all employees in a differentiated and calibrated way. How should I structure an employee recognition program that will have the kind of impact I’m seeking?”. Is your recognition program appropriately funded? MORE
For some companies, the benefits of recognition are obvious. In other businesses or industries, recognition programs and practices are at risk of being eliminated. Misconception #1: Recognition is expensive. Misconception #2: Recognition is time-consuming. MORE
On top of that is the trend among younger workers to change jobs more frequently than previous generations in search of better, higher-paying opportunities. millennial or Gen Y employee switches jobs four times in the first decade after college graduation. What that means is that companies must now work harder to entice workers through pay raises, training and other incentives. Consider bonuses, gift cards and celebrations of big events in your employees’ lives. MORE
How do you measure impact of efforts to improve employee satisfaction, engagement and retention? According to the article, SCORE stands for the primary employee concerns in the engagement and employment contract: Stability, Compensation, Opportunity, Responsibility, Environment. MORE
Can we say that these people are simply better than the average group of employees who contribute to business regularly? In other words, no matter the qualities of each employee, what truly matters is the teamwork. Leadership and Employee Engagement. MORE
“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years. MORE
With ever-changing trends and shrinking competitive advantage, it can be helpful to know what others are doing, and how your own company stacks up against them. MORE
When executed effectively, bonus administration can incentivize improved performance. It also provides the recognition most employees seek, which can support employee engagement and help you retain your top talent. However, mastering bonus pay isn’t always easy. MORE
You can’t give all employees promotions, bonuses, or raises. Social recognition, however, can be applied to all. In perhaps a worst-case scenario, promotions are little more than title changes in which the employee’s job duties change little if at all with no pay increase. MORE
When 1,380 employees got a $100,000 bonus each, the story should have made headlines everywhere. MORE
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. MORE
Why do we compensate employees? But compensation professionals (and readers of this blog) know the pay cheque is but one part of a very complex agreement between employer and employee to maximize a mutually beneficial relationship. That’s the essence of employee engagement. MORE
Competition is high for finding and retaining those star employees that will set your business apart. Now, more than ever, it has become critical for companies to engage and excite their employees (both current and potential). How Does Motivating Employees Increase your Bottom Line? MORE
Employee recognition is openly-expressed acknowledgment and appreciation for an employee’s contributions to their organization. Years of service awards; annual, quarterly, and performance bonuses; and verbal and written praise all fall under the umbrella of employee recognition. Modern employee recognition is powerful: it makes work visible, supports company values, and boosts morale. Understanding the value of employee rewards. MORE
Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. One of the largest growing concerns among employers across all industries is retaining high-performing and high-potential employees. signing bonus) and offering new job perks,” the report s states. MORE
Employee engagement will be one of the most important differentiators for organizations in 2019, and it’s an issue that nearly every organizational leader has thought about recently. It’s the emotional commitment an employee has to their role, their organization, and stakeholders. MORE
WorkStride
NOVEMBER 30, 2016
For some companies, the benefits of recognition are obvious. In other businesses or industries, recognition programs and practices are at risk of being eliminated. Misconception #1: Recognition is expensive. Misconception #2: Recognition is time-consuming.
TLNT: The Business of HR
DECEMBER 16, 2015
When 1,380 employees got a $100,000 bonus each, the story should have made headlines everywhere.
Bonusly
MAY 17, 2018
Employee recognition is openly-expressed acknowledgment and appreciation for an employee’s contributions to their organization. Years of service awards; annual, quarterly, and performance bonuses; and verbal and written praise all fall under the umbrella of employee recognition. Modern employee recognition is powerful: it makes work visible, supports company values, and boosts morale. Understanding the value of employee rewards.
WorkStride
JANUARY 10, 2019
When it comes to the incentives that motivate us to work harder, we tend to respond differently based on our personalities. Sure, most of us greatly appreciate a generous bonus, commission or restaurant gift card in response to our achievements. Those same principles should apply as you’re designing the channel incentive promotions that are likely to motivate the people working for your partners, distributors, dealers, and others in the channel.
exaqueo
DECEMBER 23, 2016
“People work for money but go the extra mile for recognition praise and rewards.” This week’s curated articles will get you thinking more about employee recognition and its link back to productivity, retention and more. 1) Trends in Employee Recognition from HR Trend Institute Employee recognition programs, once considered a “nice” but non-essential component of human resources, have changed dramatically over the past five years.
Compensation Cafe
NOVEMBER 30, 2015
Why do we compensate employees? But compensation professionals (and readers of this blog) know the pay cheque is but one part of a very complex agreement between employer and employee to maximize a mutually beneficial relationship. That’s the essence of employee engagement.
|
Compensation Cafe
DECEMBER 8, 2014
You can’t give all employees promotions, bonuses, or raises. Social recognition, however, can be applied to all. In perhaps a worst-case scenario, promotions are little more than title changes in which the employee’s job duties change little if at all with no pay increase.
Achievers
OCTOBER 6, 2016
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.
Bonusly
JANUARY 30, 2019
Employee engagement will be one of the most important differentiators for organizations in 2019, and it’s an issue that nearly every organizational leader has thought about recently. It’s the emotional commitment an employee has to their role, their organization, and stakeholders.
RecognizeThis!
AUGUST 6, 2015
Budgets must be appropriately established to reach all employees in a differentiated and calibrated way. How should I structure an employee recognition program that will have the kind of impact I’m seeking?”. Is your recognition program appropriately funded?
WorkStride
OCTOBER 19, 2018
On top of that is the trend among younger workers to change jobs more frequently than previous generations in search of better, higher-paying opportunities. millennial or Gen Y employee switches jobs four times in the first decade after college graduation. What that means is that companies must now work harder to entice workers through pay raises, training and other incentives. Consider bonuses, gift cards and celebrations of big events in your employees’ lives.
|
Compensation Cafe
JANUARY 14, 2016
How do you measure impact of efforts to improve employee satisfaction, engagement and retention? According to the article, SCORE stands for the primary employee concerns in the engagement and employment contract: Stability, Compensation, Opportunity, Responsibility, Environment.
Compensation Cafe
APRIL 18, 2016
With ever-changing trends and shrinking competitive advantage, it can be helpful to know what others are doing, and how your own company stacks up against them.
Business2Community Leadership
FEBRUARY 20, 2019
Competition is high for finding and retaining those star employees that will set your business apart. Now, more than ever, it has become critical for companies to engage and excite their employees (both current and potential). How Does Motivating Employees Increase your Bottom Line?
Get Hppy
MAY 3, 2018
Can we say that these people are simply better than the average group of employees who contribute to business regularly? In other words, no matter the qualities of each employee, what truly matters is the teamwork. Leadership and Employee Engagement.
Precheck
NOVEMBER 28, 2017
Healthcare HR and Employee Retention: 6 Key Factors to Consider Nov. One of the largest growing concerns among employers across all industries is retaining high-performing and high-potential employees. signing bonus) and offering new job perks,” the report s states.
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