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Most employee bonuses last year were expected to match 2023 levels

HR Brew

Last year, the bonus pool at 58% of companies was expected to match the 2023 incentives rate, according to a survey by Gartner. The 2024 study (surveying 64 total rewards leaders) found that 11% of organizations planned to increase their short-term incentive budgets, while 6% expected to decrease.

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How incentive theory drives motivation and behavior in the workplace

Achievers

Incentive theory offers valuable insights into what drives employee motivation in the workplace. Whether it’s a financial perk, professional growth opportunity , or simple recognition, incentives help create a culture where employees feel valued and motivated to contribute their best. What is incentive theory?

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Tailoring a Total Rewards Strategy for Small Business Success

Extensis

Quick look: A comprehensive total rewards strategy is just that: rewarding (for businesses and employees alike). Let’s explore the four primary categories of total rewards, how they benefit business performance and employee wellness, and tips to create an effective total rewards strategy. What is a total rewards program?

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Comp for M&A teams: Are you doing enough to keep these busy employees?

HRExecutive

new WTW survey of 160 organizations has found that organizations with M&A activity increasingly use special incentives to acknowledge the executives and non-executives who get those deals done. A thoughtful, proactive approach to rewarding those employees can help recruit more employees to work on deals, and work harder to execute them.

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12+ Creative Staff Bonus Ideas That Go Beyond Cash Rewards

Empuls

Bonuses have long been a favorite tool for employers to boost employee motivation and engagement. While salary increases play a role, bonuses—especially those tailored to individual preferences—can have an even bigger impact on morale and performance. The challenge is that not all bonuses are created equal.

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The Silent Killer of Retention: Why Your Best Employees Are Leaving (And How to Stop It)

EmployeeConnect

Celebrate achievements through incentives, bonuses, or public acknowledgment. Final Thoughts Retention isnt just an HR responsibilityits a business strategy. Employees who consistently perform well but dont receive recognition for their efforts will eventually disengage and look for a company that values them.

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The 21 Best Employee Incentive Programs [+ Real-Life Examples]

AIHR

An Incentive Research Foundation study revealed that employee incentive and reward programs increased business productivity rates by 22% , while SHRM reported that 79% of employees would work harder if they felt their employer consistently recognized their efforts. Contents What is an employee incentive program?