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Organizational Charts: Why Every Company Needs One

Netchex HR Blog

If you decide to offer bonuses and financial incentives to increase productivity, then an org chart lets you visualize the potential expense of incentives in different departments. A permalink to your latest org chart should be one of the essentials for your employee handbook.

Company 90
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86ing High Turnover: How to Reduce Restaurant Turnover with HR Technology

Netchex HR Blog

Provide employee handbook manuals to explain policies clearly and reflect current procedures. A small difference in wages, benefits, and bonuses can affect whether your staff leave. Plan incentives and rewards that get everyone invested in the restaurant’s success. Has the applicant jumped to a new job every few months?

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Cafe Classic: FABulous Pay Improves Talent Acquisition

Compensation Cafe

Examples include: 1) “Our pay philosophy is to offer moderate base pay with an industry-leading potential for incentive pay.”. Don’t create great pay tools and then leave your staffing people without a handbook on how to show their value. Dan is also a leading expert on incentive plans and equity compensation issues.

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Must employers pay a Christmas bonus?

HR Digest

As the festive holidays unfold, the issue of Christmas bonuses becomes a subject that confuses most people. Employers that can afford to pay Christmas bonuses may use them to encourage their employees. Christmas bonuses help to improve staff morale by allowing them to have a little more to spend during this time of the year.

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7 Ways to Create an Effective Seasonal Hiring Strategy for Your Small Business

Homebase

Keep in touch with these workers throughout the year, offering them an early selection of shifts or small bonuses as incentives to return. You can also create a custom employee handbook with your mission statement, workplace procedures and employee rights.

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Avoid an HR Headache with these 25 Tips

ExactHire

Elevate your training beyond a blurb in the handbook. Classify bonuses correctly for nonexempt employees. When you give nonexempt employees bonuses, that bonus amount is calculated into their “regular rate.”. Reexamine your incentive and rewards program. Avoid Workplace Discrimination Claims.

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What’s a merit increase, and should your business use them?

Business Management Daily

For this reason, merit increases serve as financial incentives for your employees to work harder to meet their performance expectations. Bonuses As stated before, a bonus is not a permanent increase to an employee’s salary. Employers confuse bonuses with merit increases because both are based on work performance.