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Non-discretionary vs discretionary bonuses: Do you know the difference?

Homebase

Bonuses are a great way to show your hourly employees that you value them and their contributions to your business. But bonuses can also be complicated. Non-discretionary bonuses are often used to incentivize employees. For example, a team of baristas might be promised a bonus if they exceed a customer satisfaction benchmark.

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Performance Appraisal: The Ultimate Guide

Analytics in HR

Performance appraisal methods 5 tips for a good performance appraisal process How to create a performance appraisal form Performance appraisal examples FAQ What is a performance appraisal? It can also be referred to as the performance review, performance evaluation, or employee appraisal. What is job performance?

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What Is Human Resources?

Analytics in HR

Human Resources also refers to the workforce or people employed in an organization. For example, your HR would look into hiring people who are a good culture fit for the organization so they stay longer and be more productive. Rewards include salary, perks, and benefits like health insurance, remote work, and performance-based bonuses.

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Building An HR Department: A Step-By-Step Guide

HR Tech Girl

Lay faulty foundations of your HR function and you risk witnessing your business struggle over time or failing to reach the targeted success. Employee benefits and salary negotiation are also crucial among HR’s responsibilities, which is essential for fair and timely payroll and relevant perks. Compensation management.

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20 Essential HR Policies Every Company Must Cover

Netchex HR Blog

HR policies should also include positive items, such as professional development opportunities, raises/bonuses, and promotions. Explain how you classify employees as exempt or non-exempt and full-time or part-time. Leave and Time Off. How much time off do employees accrue annually? Timekeeping. Company Property.

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6 Ideas for Referral Incentives to Help Improve Real Estate Recruitment

Thrive Global

To make your current employee referral program more effective and to encourage your team to participate, consider giving them the following incentives: Financial Bonuses. Cash gifts are perhaps the most common form of referral incentives across the real estate industry and beyond. Charitable Donations. Learning Opportunities.

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Understanding and Managing Employee Absenteeism

Homebase

Definition of employee absenteeism Employee absenteeism is a frequent lack of attendance at work without a valid cause. It also refers to an employee’s habitual failure to show up to work on time or complete assigned tasks well. Here are some steps you can follow to create an effective employee attendance policy.