cipHR

AUGUST 9, 2023

One of the benefits of human resource management software is the control and visibility it gives over your people data. But among hundreds, if not thousands, of people metrics, what should your HR systems report on? Here are 24 metrics we typically see C-suites asking for most. At its best, data is an invaluable strategic asset.

HR Planning 52

HR Planning Hiring Software HR Software Onboarding Software 52

Great Place to Work

FEBRUARY 14, 2025

What are HR metrics? HR metrics are quantifiable data points that help organizations assess the effectiveness of their human resources initiatives. By measuring various aspects of workforce management, businesses can identify areas for improvement and implement data-driven strategies to enhance performance.

Metrics 59

Metrics HR Software HR Planning Hiring Software 59

UpstartHR

NOVEMBER 24, 2014

We want to instantly think that we can drive performance or discourage behaviors through monetary incentives. Here are a few: Bonuses. Group incentives. One of the first hurdles I always face when it comes to getting management on board with a compensation change is pretty obvious: Can we afford it? Profit sharing.

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Bonuses and Incentives Compensation Metrics Groups 165

AIHR

MARCH 31, 2023

Companies that create a great employee experience throughout recruitment, new employee onboarding , career path development , and performance management are able to reduce complexity and stimulate collaboration. By simplifying systems and processes, it becomes easier for employees to do their work.

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HR Software Hiring Software Onboarding Software Staffing Software 119

Extensis

JULY 24, 2024

This can include wages and bonuses as well as recognition, workplace flexibility, and career opportunities. It includes their salary or hourly wage, commissions, bonuses, stock options, and on-call or holiday pay. Compensation Compensation is the total amount paid to an employee by their employer. We’re here to help.

Hiring Software 105

Hiring Software Assessment Software HR Planning Planning Tools 105

HR Lineup

SEPTEMBER 24, 2024

Hire-to-Retire (HTR) refers to the comprehensive employee lifecycle management process that spans from the moment an individual is recruited until they retire or exit the organization. Performance Management Performance management is a continuous process where employee performance is assessed, evaluated, and guided.

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Hiring Software AI Recruiting Onboarding Software Recruiting Software 98

Compensation Cafe

AUGUST 1, 2017

Spice up your initial cafeteria offerings with the perfect blend of base, incentive, extrinsic, variable, flex, step, intrinsic, static and untrinsic elements. Whip them into a froth with a basic mix of bland intrinsic motivators (see the Appendix for a list of Pink-approved incentives) leavened with a pinch of sweet gold dust.

Compensation 40

Compensation HR Software Hiring Software Staffing Software 40

Kazoo

DECEMBER 28, 2017

While the Kazoo Employee Experience platform is primarily driven by spontaneous, timely employee recognition — some employees want specific incentives and directions for their behavior. It’s a key part of a successful performance enablement program. Using Incentives for Performance Enablement. Goal: Reduce Turnover.

Bonuses and Incentives 100

Bonuses and Incentives Recruiting Software High Performance Culture Employee Recognition 100

Compensation Cafe

MARCH 31, 2017

Spice up your initial cafeteria offerings with the perfect blend of base, incentive, extrinsic, variable, flex, step, intrinsic, static and untrinsic elements. Whip them into a froth with a basic mix of bland intrinsic motivators (see the Appendix for a list of Pink-approved incentives) leavened with a pinch of sweet gold dust.

Compensation 40

Compensation HR Software Hiring Software Staffing Software 40

MTM Recognition

OCTOBER 1, 2024

Rewards are often tied to performance and come in the form of bonuses, gift cards, paid time off, or physical gifts. Rewards are typically planned, budgeted, and tied to specific performance metrics or milestones, such as meeting sales targets, completing a major project, or celebrating an employee’s work anniversary.

Employee Recognition 98

Employee Recognition Bonuses and Incentives Planning Tools Employee Engagement 98

Kazoo

MAY 15, 2018

Finding employee incentive ideas that boost talent recruitment, retention, and development is like finding a golden ticket for business success. Yet most traditional employee incentive plans don’t work for longer-term employee retention or talent development. Motivation-Boosting Employee Incentive Ideas. Here are 5 examples.

Bonuses and Incentives 100

Bonuses and Incentives Recruiting Software Planning Tools Talent Experience 100

Kazoo

APRIL 27, 2018

As an employee incentive, cash isn’t king. As part of Kazoo’s research on rewards and recognition systems that work, we uncovered how to make employee incentives effective. Here are nine ways to create the best possible employee incentive options at your company. There is no one-size-fits all employee incentive.

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Bonuses and Incentives High Performance Culture Study Metrics 100

Business Management Daily

AUGUST 20, 2024

Since you’re measuring the performance of everyone as a whole, your workforce will inevitably separate into three groups: Group A (the top 20%): Group A employees are top-tier performers who stand head and shoulders above the rest. It consists of average performers who put in consistent work but seldom go above and beyond.

Performance Management 52

Performance Management Objectives & Key Results Planning Tools Bonuses and Incentives 52

HRsoft

JULY 24, 2024

Develop a comprehensive compensation policy that outlines the principles, criteria, and processes for determining salaries, bonuses, and other benefits. Implement Performance-Based : Linking compensation to employee performance is an effective way to control chaos and align rewards with individual contributions.

Compensation 59

Compensation Bonuses and Incentives Assessment Software Guidelines 59

HR Management

JULY 10, 2024

Employee incentives can inspire teams to excel, which can transform the workplace dynamic and improve the organization’s overall performance. Your cash bonuses to your employees can take various forms. To make such challenges worth their while, offer incentives or prizes for participants who achieve certain goals.

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Bonuses and Incentives Productivity Recruiting Software HR Software 52

AIHR

OCTOBER 17, 2024

More comprehensive compensation packages include base pay and additional benefits, such as company bonuses, stock options, insurance, pension programs, parental leave, and more. Incentives and bonuses: This section should include potential commissions, performance bonuses , and other bonuses (such as signing or referral bonuses).

Compensation 52

Compensation Bonuses and Incentives Employer Branding Retirement 52

EmployeeConnect

MARCH 15, 2023

A compensation strategy simply refers to a holistic compensation management system, including the salary, bonuses, and benefits structure for your employees. Moreover, getting the best out of your employees is crucial, as superior management performance has been associated with compensation packages.

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Compensation HR Software Bonuses and Incentives Trends 130

EmployeeConnect

MARCH 15, 2023

A compensation strategy simply refers to a holistic compensation management system, including the salary, bonuses, and benefits structure for your employees. Moreover, getting the best out of your employees is crucial, as superior management performance has been associated with compensation packages.

Compensation 130

Compensation HR Software Bonuses and Incentives Trends 130

Cornerstone On Demand

SEPTEMBER 2, 2015

In mid-August, a New York Times article about Amazon featured heated accounts from former employees describing a workplace that rewards top performers with praise and bonuses, while punishing those who can't — or won't — commit to 85-hour work weeks and 24/7 availability. " Provide Continuous Feedback.

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Bonuses and Incentives How To Planning Tools Talent Management 170

15Five

DECEMBER 13, 2024

Curious about how your performance management platform can help you implement performance-based compensation? In others, incentives like commissions and bonuses make up a large part of an employees overall compensation. They may get quarterly or yearly bonuses on top of their salary, but this isnt a guarantee.

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Planning Tools Compensation Hiring Software HR Software 130

Netchex HR Blog

APRIL 13, 2023

Make sure employee goals are: Well defined without being impossible Specific to jobs and the company overall Attached to important metrics These parameters can be accomplished via SMART goals that are S pecific, M easurable, A chievable, R elevant, and T imely. Measurable: Metrics allow you to define progress, improvement, and success.

HR Software 98

HR Software Planning Tools Bonuses and Incentives HR Planning 98

AIHR

FEBRUARY 1, 2024

That makes effective compensation management an essential tool in any HR professional’s arsenal when it comes to attracting the best candidates and lowering attrition rates. Plus, when the right mix of incentives and benefits is tied to individual performance, organizations can both boost employee engagement and achieve their strategic goals.

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Planning Tools HR Software Compensation Hiring Software 111

HR Tech Girl

APRIL 17, 2023

When doing that, consider the following: Employee hourly wage and salary Employee retirement saving Health insurance Employee well-being fund Paid time off Employee raises and bonuses. The following should be the starting base, but you can add more as your company grows and recruitment needs increase.

HR Planning 52

HR Planning HR Software Hiring Software Assessment Software 52

Decusoft

JUNE 23, 2021

Incentive Structures. Incentives have always played an important role in helping to motivate employees, especially in the last few years as competition rises and more businesses are facing uncertain circumstances. The choice between individual performance incentives and team incentives is a deciding factor for many businesses.

Planning Tools 52

Planning Tools HR Planning Bonuses and Incentives Onboarding Software 52

Decusoft

APRIL 23, 2021

Fringe benefits, union incentives or employer-provided vendor discounts are all part of employee compensation programs. When designing a robust executive compensation plan , there are hundreds of factors to analyze and various success metrics to weigh. Incentive Compensation Plans. Competition in the industry.

Planning Tools 98

Planning Tools Recruiting Software Interview Software Compensation 98

Kazoo

OCTOBER 11, 2018

Do cash and bonuses still appeal to many employees? After offering a mix of cash and other bonuses to employees: Non-monetary bonuses boosted performance slightly better than monetary ones. Monetary bonuses affected performance more when the employee had a mix of options and chose them. Recognition.

Bonuses and Incentives 100

Bonuses and Incentives High Performance Culture Metrics Performance Management 100

Peoplebox

AUGUST 21, 2024

Gather Relevant Data: Collect performance metrics, feedback from peers, and self-assessments in advance to provide a comprehensive view of the employee’s performance. This practice reinforces the idea that performance management is an ongoing process. What tools can help streamline quarterly performance reviews?

Assessment Software 52

Assessment Software Objectives & Key Results Planning Tools How To 52

Decusoft

JUNE 24, 2021

Employee retention and growth are the most common reasons for implementing incentive compensation plans, but they can also be used to increase sales, employee recruitment, customer loyalty, commitment, and to fulfill business objectives. Financial Incentive Plan Design. Individual Incentives vs. Group Incentives.

Planning Tools 52

Planning Tools Bonuses and Incentives Interview Software Recruiting Software 52

Engagedly

FEBRUARY 5, 2025

The survival of any organization in the present-day business environment is highly dependent on talent acquisition and management strategy. Performance bonuses are an effective link between extrinsic motivation and organizational performance to promote, recognize, and encourage outstanding performance and contributions in an organization.

Bonuses and Incentives 52

Bonuses and Incentives Planning Tools Recruiting Software Assessment Software 52

Kazoo

JUNE 1, 2018

One transportation company used Kazoo to give retention bonuses and incentivize cost-saving behavior and saved more than $700,000 in the first year. Employee recognition software that includes incentive features can dramatically boost participation in training programs. Yet this is very short-sighted.

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Hiring Software Recruiting Software Assessment Software Employee Recognition 100

Compensation Cafe

APRIL 17, 2017

How clear is the line of sight between your performance pay programs, strategically linked performance metrics and the organizational strategy? Managers will receive bonuses tied directly to their survey scores. If managers focus solely on the metric, they exhibit what is known as surrogation.

Metrics 40

Metrics Bonuses and Incentives Compensation Assessment Software 40

CCI Consulting

MARCH 11, 2021

Companies are becoming more innovative when it comes to hardship pay, one-time bonuses and discretionary awards. Performance Management – This continues to be a top priority for 2021 with organizations interested in making the biggest impact with limited funds. This is especially apparent when it comes to employee compensation.

Compensation 105

Compensation Bonuses and Incentives Planning Tools HR Software 105

Compensation Cafe

JUNE 5, 2018

Sadly, in some areas over the years, that’s become twisted to focus on the metric and not the behavior or goal underlying the metric. Knowing where we stand and how we’re doing in working toward targets is important, but these metrics must never supersede the original reason for pursuing the target.

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Metrics Employee Recognition Strategy Meeting 73

Kazoo

JULY 5, 2018

As an incentive to get employees to take an employee satisfaction survey, try offering a spot bonus for taking it. About Kazoo: Kazoo amplifies company culture through its award-winning employee experience platform that delivers engagement, retention, performance management, and improved business metrics.

Survey 100

Survey Bonuses and Incentives Planning Tools High Performance Culture 100

Engagedly

MARCH 12, 2025

In this article, learn about efficient employee incentive programs and how you can avoid common mistakes in program implementation. Top 10 Employee Incentive Programs Incentives, or motivators, are factors that encourage motivation, growth, and productivity in your employees to achieve their set goals.

Bonuses and Incentives 52

Bonuses and Incentives Hiring Software Planning Tools AI Recruiting 52

Compensation Force

MARCH 7, 2014

As Keith will point out, it is the best metric for how an individual player really contributes to the success of the overall team. As data and analytics bring increasing sophistication to our understanding of employee and organizational performance, will we be able to identify the plus-minus statistics for our teams?

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Bonuses and Incentives Metrics Analytics Coaching 79

Compensation Cafe

DECEMBER 16, 2021

As regular readers know, I am someone who does a ton of incentive compensation work. I believe in incentives and their ability to align people with the culture, strategy, and goals of a company. I know incentives work when properly designed and communicated. The first is a big-ticket item that aligns well with management.

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Metrics Compensation Resources Company 52