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

Insperity

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. How employers benefit.

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What is Equity Compensation & How It Work?

HR Lineup

Unlike traditional forms of compensation such as salary and bonuses, equity compensation grants employees ownership stakes in the company. Stock Options: Stock options give employees the right to purchase a certain number of company shares at a fixed price (the exercise price) within a specified period of time.

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Best employee incentive programs for health & fitness

Achievers

Incentives are essential. The Wall Street Journal reports “Nearly 90 percent of employers offer wellness incentives or financial rewards or prizes to employees who work toward getting healthier.” Diverse approaches to employee incentive programs. Incentives here can also be cash, gift cards, or peer-to-peer recognition.

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Incentive Programs for the Hourly Workforce

Kazoo

College students may not be interested in PTO bonuses but new apparel is pretty dang cool. At my company, we have a program called “Seeds of Incentive” or more simply put Seeds. We have also focused a lot of our incentive efforts around certain behaviors or programs that we would like to see big improvements in.

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What are employee wellness initiatives? (Plus, 5 key initiatives for your team)

Best Money Moves

Fitness classes and health education Encouraging your employees to exercise can positively impact both their physical and mental health. Common incentives for participation include cash bonuses, reducing contributions towards health insurance and providing a flexible spending account.

Wellness 100
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Types of Compensation: Everything HR Needs to Know

HR Lineup

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. HR professionals need to develop transparent and fair performance metrics, communicate incentive structures clearly, and ensure that the variable pay aligns with organizational goals.

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Keep Your Team Happy: How to Improve Employee Morale

Homebase

Train leaders in positive leadership techniques Managers need to give their direct reports feedback on their performance, but that isn’t limited to criticism. Use team-building exercises to strengthen cooperation Do activities that require trust-building and collaboration. Base targets on realistic benchmarks.