Empuls

JANUARY 9, 2025

In this blog, we'll talk about the benefits of bonus programs, the types of incentives you can offer, and key aspects to keep in mind while designing an employee bonus program. Let's dive in and see how the right incentives can improve your sales performance! What is an employee bonus program?

Hiring Software 40

Hiring Software Bonuses and Incentives Planning Tools Recruiting Software 40

Hoops

JUNE 10, 2025

With 400,000 insurance professionals projected to retire by 2026 ( Insurance Business ), creating a talent shortage, the race to hire and retain strong agents is heating up. Offer Exam Support: Provide free study materials or reimbursement for licensing exams to attract unlicensed but motivated candidates. Bureau of Labor Statistics ).

Hiring Software 144

Hiring Software Onboarding Software Recruiting Software Hiring 144

AIHR

JANUARY 6, 2025

Performance-based compensation reviews: Focuses on employee performance and rewards top performers with raises or bonuses. Its a conscious decision based on factors like how much the organization wants to allocate for salaries in a financial year and how much it wants to invest in pay increases, bonuses, and other rewards.

Compensation 98

Compensation Assessment Software Hiring Software HR Software 98

Vantage Circle

FEBRUARY 3, 2025

Some studies estimate that the cost of turnover typically ranges from six to nine months of the employee’s salary. Not just salaries, but benefits like: Health Insurance Mental Wellness Retirement Contribution Flexible Work Arrangements or more Strategies to Offer Competitive Compensation and Benefits 1.

Examples 66

Examples Retention and Turnover Bonuses and Incentives Hiring Software 66

Bayzat

JULY 15, 2024

A study by Cornerstone OnDemand found that overworked employees are 68% more likely to be looking for a new job, highlighting the importance of regular check-ins with employees to adjust workloads and accommodate individual needs. Case studies of successful feedback implementations can be shared to show the tangible benefits of this practice.

Employer Branding 93

Employer Branding Strategy Hiring Software How To 93

Empuls

AUGUST 30, 2024

According to studies, 60% of employees report that benefits and perks are a major factor in deciding whether to accept a job offer, and organizations with robust perks have 31% lower turnover rates.   In today’s competitive job market, employee perks have become essential in attracting, retaining, and motivating top talent.

Wage and Hour Training 40

Wage and Hour Training Talent Experience 10KC Retention and Turnover 40

Empuls

AUGUST 30, 2024

According to studies, 60% of employees report that benefits and perks are a major factor in deciding whether to accept a job offer, and organizations with robust perks have 31% lower turnover rates.   In today’s competitive job market, employee perks have become essential in attracting, retaining, and motivating top talent.

Wage and Hour Training 40

Wage and Hour Training Talent Experience 10KC Retention and Turnover 40

Empxtrack

DECEMBER 16, 2024

The list of benefits can range from health insurance to retirement plans, demonstrating that organizations genuinely care about their workforce. The benefits include health insurance, retirement plans, paid time off, and wellness programs. Retirement Plans Many employers provide retirement savings plans, like 401(k)s or pensions.

Employee Benefits 72

Employee Benefits Bonuses and Incentives HR Software HR Planning 72

Ongig

OCTOBER 15, 2024

Traditionally, employee benefits revolved around perks like vacation time off and retirement plans. The same study also shows that 80% of women seek flexibility for their next job role. So, a domestic partner benefits package could include paid sick leave, retirement benefits, and medical and health insurance coverage. #6

Employee Benefits 59

Employee Benefits Hiring Software Background screening Planning Tools 59

Empuls

AUGUST 27, 2024

Once seen as mere bonuses, perks are now essential drivers of employee satisfaction and engagement. Deepened Loyalty : Perks that address long-term employee needs—such as retirement planning assistance, ongoing education opportunities, or housing stipends—foster a deep sense of loyalty. What are company perks?

Bonuses and Incentives 40

Bonuses and Incentives Company Hiring Software Retention and Turnover 40

Business Management Daily

DECEMBER 24, 2024

According to a Gallup study, motivated employees are 20% more productive. Provide incentives to work harder Sometimes, employees need more motivation to give their all. While they may enjoy a nice salary and healthcare benefits, they need more incentives to go above and beyond. It’s a strong sense of motivation.

Productivity 52

Productivity Hiring Software Bonuses and Incentives Metrics 52

Empuls

MARCH 17, 2025

A study conducted by the Wharton School found that an average company tends to lose anywhere from 20% to 50% of its workforce each year.  Referral bonuses Referral bonuses are an effective way to engage employees in the recruitment process. Cultivating a loyal workforce won’t happen by accident.

Hiring Software 52

Hiring Software Planning Tools Recruiting Software Bonuses and Incentives 52

Ongig

DECEMBER 11, 2024

Departmental Preferences: Understands basic first aid and CPR and is capable of administering them if need be Clearly state the required degree and field of study (e.g., BSN, MD, or associate degree in radiologic technology). Most healthcare roles require a specific degree to ensure foundational knowledge.

Hiring Software 52

Hiring Software Background screening Recruiting Software Assessment Software 52

EmployeeConnect

FEBRUARY 6, 2017

One study found that 77 percent of new hires met or exceeded their first performance milestones when they had a formal onboarding process while only 49 percent of employees did so in companies without formal onboarding. Studies show that employees most appreciate praise from their immediate supervisors.

Hiring Software 264

Hiring Software Talent Experience 10KC Onboarding Software 264

Hoops

JUNE 11, 2025

A shrinking pipeline and looming retirements are creating even tighter competition. Create Referral Incentives: Encourage current staff to refer past coworkers or classmates with a referral bonus. Showcase Total Rewards: Go beyond salary—mention 401(k) matches, CPE budgets, wellness perks, and bonuses.

AI Recruiting 144

AI Recruiting Hiring Software Interview Software Background screening 144

HR Digest

NOVEMBER 7, 2024

Image: Freepik IRS Announces 401(k) Limit for 2025—Presents a $23,500 Cap The IRS annually resets the caps on retirement contribution plans when necessary to help individuals and their employers keep up with the impacts of inflation. This will allow them to save more in their last few working years before they turn to retirement.

Retirement 76

Retirement Bonuses and Incentives Trends Study 76

Guideline

AUGUST 31, 2023

Whether you're an employee planning for your future or an employer supporting your team's road to retirement, we've got you covered. In this post, we'll tackle some of the most commonly asked questions about retirement. 🔎 For employees saving for retirement:   How much should I contribute to my 401(k)?

Retirement 98

Retirement Bonuses and Incentives Guidelines Planning Tools 98

AIHR

OCTOBER 27, 2023

Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. These pay programs are typically implemented with sales teams and are often given in the form of bonuses and commissions.

Compensation 116

Compensation Wage and Hour Training Bonuses and Incentives COMPAS 116

EmployeeConnect

OCTOBER 23, 2022

According to a study held in 2021, 73 percent of employees leave their job for a better salary package. Employees can be compensated for their exceptional performance in the form of bonuses, incentives, and commissions. Added benefits mainly comprise life insurance and superannuation, i.e., retirement pension benefit funds.

HR Software 189

HR Software Employer Branding HR Planning Recruiting Software 189

Vantage Circle

AUGUST 16, 2021

Incentives are a proven way to influence employee behavior and ultimately improve business output. Now there are several types of employee incentive programs that companies commonly use. A study showed that travel incentives are the most popular incentives among employees. Monetary Incentives.

Bonuses and Incentives 52

Bonuses and Incentives Examples Hiring Software Planning Tools 52

Decusoft

AUGUST 24, 2021

Incentives have always played an essential part in motivating employees, but they have become even more crucial in recent years as competition has increased and more firms have faced difficult conditions. For many organizations, the decision between individual performance rewards and team incentives is crucial.

Planning Tools 52

Planning Tools Examples Bonuses and Incentives Assessment Software 52

Hppy

JANUARY 17, 2023

Compensation, including salaries and bonuses, is often one of the most important factors for employees when considering job offers. Additionally, bonuses and incentive-based pay can provide an additional financial incentive for employees to work hard and achieve specific goals.

Compensation 91

Compensation Bonuses and Incentives Planning Tools Retention and Turnover 91

AIHR

FEBRUARY 1, 2024

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. Components • Base salary • Incentives and commissions • Financial benefits • Non-financial benefits. Personnel Compensation Analysts, HR Professionals, Data Analysts.

Compensation 111

Compensation Planning Tools HR Software Hiring Software 111

Reflektive

FEBRUARY 11, 2019

Those values should be identifiable in all employee-related processes, from hiring to resignation, retirement, or dismissal. Incentives and Startup Culture. Until the culture you want is imbued in the company, you may need to use incentives. Improving team culture with incentives works–if you use the right motivators.

Bonuses and Incentives 100

Bonuses and Incentives Company Retirement Training 100

Kazoo

DECEMBER 14, 2017

That means it touches everything in the employee lifecycle, from recruiting to retirement. “Before, we would go to home managers and ask for these stories and might not get any,” Amrhein said in a case study on Emmaus Homes. Think of the immense number of HR programs and initiatives that fit within there.

Recruiting Software 100

Recruiting Software Hiring Software Interview Software HR Software 100

Intoo USA

OCTOBER 30, 2019

All of these reasons serve as strong incentives for companies to offer severance pay. Intoo’s Layoff Anxiety Study found that 47% of American workers are ill-prepared for a potential layoff. Commission, bonuses, and other expected compensation. Most American workers need financial help in the event of a job loss.

Employer Branding 130

Employer Branding Outplacement Hiring Software Bonuses and Incentives 130

Semos Cloud

MARCH 15, 2022

The compensation also includes various bonuses for an employee’s salary. Some examples of bonuses are: Stock options. Ideally, the compensation will provide a powerful monetary incentive for the employee, but it’s not the most critical aspect of the total rewards strategy. Retirement plans. End-of-the-year bonus.

Bonuses and Incentives 97

Bonuses and Incentives Strategy Assessment Software HR Software 97

HR Morning

MARCH 31, 2017

At the 2017 Mid-Sized Retirement & Healthcare Plan Management Conference in Phoenix, AZ, President and CEO of Cowden Associates Inc., Citing stats from a recent LIMRA study, which asked employees to rank their benefit needs, Dinkin laid out the top six responses of workers from 34 and under to employees 65-plus. retirement plan.

Bonuses and Incentives 55

Bonuses and Incentives Retirement Conference Study 55

Replicon

JANUARY 17, 2024

Such employees get additional perks such as paid time off, retirement plans, bonuses, medical insurance, and more. Key Highlights Work 35-40 hours a week A dedicated workforce of a business to perform day-to-day tasks Get paid time off, retirement plans, bonuses, medical insurance, etc.

Wage and Hour Training 141

Wage and Hour Training Hiring Software Code of Conduct Bonuses and Incentives 141

Yello

JANUARY 29, 2020

The Yello Recruiting Study found similarities and differences between what attracts the newest workforce generation (Gen Z) and the biggest current workforce (millennials). Millennials studied psychology at less than half the rate of Gen Z. Get more insights on Gen Z in the workplace in our latest Recruiting Study. Download Now.

Video Recruiting 81

Video Recruiting Recruiting Software Hiring Software Recruitment 81

AIHR

FEBRUARY 10, 2023

Perks serve as incentives or extra rewards that make an employer more appealing to work for. 4 major categories of employee benefits Traditionally, employee benefits included medical insurance, life insurance, retirement plans, and disability insurance. These added incentives boost morale and make employees feel valued.

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

Ask a Manager

JULY 23, 2021

In Fall 2020, my mentor announced she was retiring — the organization she works for offered everyone a huge retirement incentive, and she and many others took them up on their offer. She officially retired in December. Update – I got the official title change and the bonus eligibility that goes with it!

Bonuses and Incentives 123

Bonuses and Incentives Interview Software Retirement Immedis 123

Intoo USA

OCTOBER 30, 2019

All of these reasons serve as strong incentives for companies to offer severance pay. Intoo’s Layoff Anxiety Study found that 47% of American workers are ill-prepared for a potential layoff. Commission, bonuses, and other expected compensation. Most American workers need financial help in the event of a job loss.

Employer Branding 100

Employer Branding Outplacement Hiring Software Bonuses and Incentives 100

6Q

JUNE 26, 2022

A compensation strategy typically includes the following: Basic pay: This refers to the initial salary without the benefits, bonuses or raises. Bonuses: Employees are rewarded with bonuses for meeting their quotas and performing their job duties well. A 2019 study from Harvard Business Review study agrees with this approach.

Compensation 105

Compensation Strategy Hiring Software Planning Tools 105

6Q

NOVEMBER 14, 2021

Such employees are often keen to further their studies, so being offered paid training by an employer is extremely attractive. Employers can assist employees with work back agreements and the like, allowing them to study at a tertiary institution. Benefit: performance bonuses. Benefit: at-work perks.

Campus SaVE 105

Campus SaVE Bonuses and Incentives Planning Tools Study 105

HR Lineup

FEBRUARY 1, 2024

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.

Compensation 89

Compensation HR Planning HR Software Bonuses and Incentives 89

Empuls

SEPTEMBER 20, 2021

While most companies talk about employee perks, benefits, incentives, gifts, awards, and rewards in the same breath, the truth is, they each have their distinct characteristics and impact people in different ways. What are incentives? An incentive aims at improving the overall performance of an organization.

Bonuses and Incentives 52

Bonuses and Incentives Wage and Hour Training Hiring Software Staffing Software 52