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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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Flexibility is employees’ most valued benefit after salary

HR Brew

Incentive pay, such as bonuses and commissions, was second, with 64% of the roughly 1,500 respondents selecting it. The study comes after Amazon’s blockbuster announcement last month that it was ending its hybrid work policy and ordering employees back to the office five days a week starting next year.

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Automated Cashless Tips for Tipped Employees

Payactiv

In 2025, staffing challenges remain a top concern for restaurant operators, with many struggling to retain employees despite offering competitive pay, bonuses, and improved work environments. Many businesses are building up new staff with fleetingly attractive hiring incentives and sign-on bonuses.

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Improving Employee Retention In IT With Smart HR Management Practices

HR Management

Performance bonuses and stock options can give employees a tangible stake in the company’s success. Recognition and Appreciation Acknowledging employee accomplishments through awards and incentives shows that you value their contributions. Encourage open communication and feedback at all levels.

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Cracking the Retention Code: Why Do Call Centers Have High Turnover Rates?

Payactiv

To incentivize loyalty and higher agent performance, consider implementing the following: Setting clear individual or team performance goals (such as call resolution times and good customer satisfaction ratings) and tying these to rewards or bonuses. Read the full case study. Establishing leaderboards to encourage friendly competition.

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3 Non-Monetary Incentives for Employees

Hppy

You can reward them with cash bonuses and other monetary compensation types. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation. Just like monetary incentives, these incentives show that you care about employee growth and well-being.

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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?