HR Digest

AUGUST 1, 2019

Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise. With the unemployment rate dropping to 3.6 percent - the lowest rate since December 1969, and the U.S. While some businesses, like JPMorgan Chase & Co.,

Bonuses and Incentives 81

Bonuses and Incentives HR Software Staffing Software Employee Benefits 81

HR Lineup

JULY 20, 2024

This can occur in various ways, from directly reaching out to employees through professional networks like LinkedIn to offering enticing incentives that lure them away from their current positions. This might involve surveys, exit interviews, and analyzing industry trends. Background: Tech Innovators Inc.,

Bonuses and Incentives 98

Bonuses and Incentives Hiring Software Retention and Turnover Interview Software 98

Empuls

AUGUST 27, 2024

Staff rewards and incentives are not nice-to-haves but must-haves in today's fiercely competitive job market. Traditional approaches to employee retention are no longer sufficient; instead, companies are strategically leveraging staff rewards and incentives as a critical tool in their arsenal.

Bonuses and Incentives 40

Bonuses and Incentives Retention and Turnover Case Study Study 40

Ben Eubanks

APRIL 18, 2025

Youll be seeing more of these companies in the coming weeks and monthsthrough a series of published case studies here on the blog. Core HR/Workforce Best Global Solution HiBob Winner The client case study in the HiBob entry serves as a case in point for why the Bob platform is a solid choice for global employers.

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

Vantage Circle

OCTOBER 17, 2022

According to an SHRM study , 79 percent of millennial and Gen Z respondents agreed that greater rewards and recognition would boost their loyalty to their job. Their job satisfaction levels are influenced by being rewarded for exceptional performance through bonuses, benefits, and employee appreciation. Prioritize Employee Well-Being.

Employee Engagement 98

Employee Engagement Recruiting Software Staffing Software Planning Tools 98

Achievers

OCTOBER 24, 2017

In a recent study conducted by Snagajob , nearly 36% of hourly workers reported that work flexibility was the most important perk but only approximately 50% of employers planned on offering job flexibility. Although this seems like the same thing as paying more per hour, which most hiring managers can’t do, bonuses are different.

Bonuses and Incentives 200

Bonuses and Incentives Hiring Software Employee Recognition HR Planning 200

Vantage Circle

MARCH 26, 2025

I've spent years studying what truly keeps employees engaged , and the answer often surprises companies. These intangible rewards tap into our intrinsic motivation, fostering a sense of purpose that financial incentives alone can't match. While competitive salaries matter, they're rarely the whole story.

Examples 80

Examples Bonuses and Incentives Retention and Turnover Career Development 80

Contact Monkey - HR

AUGUST 13, 2024

Find out what your employees need with employee surveys (then act) One of the most effective ways to understand how to engage employees is an employee engagement survey. With ContactMonkey, you can embed pulse surveys directly into your internal emails to facilitate two-way communication with employees. See employee surveys 2.

Employee Engagement 105

Employee Engagement Video Recruiting Onboarding Software Bonuses and Incentives 105

Achievers

APRIL 10, 2020

Use pulse surveys. Short, regular ly occurring (we recommend once a quarter) pulse surveys help identify what employees are feeling, and why they are feeling that way. Annual surveys are useful as well, but over a year is too long to let issues go unreported and unresolved. Keep employees informed.

Employee Engagement 307

Employee Engagement Hiring Software Bonuses and Incentives Compliance Training 307

Kazoo

MARCH 16, 2017

If you want to put one of best employee incentive programs in your workplace, you might need to step out of your own comfort zone and move away from cash rewards. Traditionally, employee incentives programs use cash rewards tied to a specific individual achievement. Why cash doesn’t always work in incentive plans.

Bonuses and Incentives 100

Bonuses and Incentives Planning Tools Performance Management Employee Engagement 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.

Bonuses and Incentives 100

Bonuses and Incentives High Performance Culture Study Metrics 100

Vantage Circle

OCTOBER 18, 2024

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. Incentive Programs Incentives can be considered powerful motivators in retail environments. Below is a case study of Apple that illustrates how these strategies work in practice. What drives them to leave?

Assessment Software 103

Assessment Software Interview Software Recruiting Software Planning Tools 103

HR Digest

MARCH 12, 2025

According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., 401(k) matching), stock options, or performance bonuses. Start by surveying your workforce. The concept isnt new.

HR Planning 72

HR Planning Bonuses and Incentives Retention and Turnover Examples 72

Vantage Circle

FEBRUARY 15, 2025

Bonuses and Incentives How it helps : Tying bonuses and incentives directly to achievements motivates employees to perform better and go beyond. According to a study, 90% of employees who worked in places with effective rewards programs agreed with the statement, “My work makes a difference.”

Bonuses and Incentives 59

Bonuses and Incentives HR Software Retention and Turnover Benchmarking 59

Vantage Circle

JANUARY 30, 2025

Employee rewards aren’t just about incentives; they’re a way to build trust, loyalty, and enthusiasm. Companies that incentivize groundbreaking ideas—through bonuses, awards, or exclusive experiences—create a culture where employees feel encouraged to push boundaries. A delayed reward has little value.

Bonuses and Incentives 66

Bonuses and Incentives Strategy Hiring Software Retention and Turnover 66

FingerCheck

OCTOBER 19, 2023

A recent study found that 96% of workers will be looking for a new job in the coming year. A Gallup survey found that only 12% of employees felt their companies did a good job of onboarding them. Remember to look at your benefits package and other non-salary compensation and incentives, too. Review your onboarding process.

10KC 52

10KC Talent Experience Retention and Turnover Strategy 52

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

Great Place to Work

FEBRUARY 14, 2025

T he power of HR analytics A PwC survey of over 1,000 senior executives found that organizations that heavily rely on data are three times more likely to see substantial improvements in business decision-making than those that do not rely on data. Solution: HR introduces a performance-based incentive system tied to revenue goals.

Metrics 59

Metrics HR Software HR Planning Hiring Software 59

Rallyware for Human Resources

FEBRUARY 18, 2025

A study from the Journal of Direct Selling Research reveals that distributors typically join for income opportunities, product access, or social connections, but those who remain long-term do so because of professional growth and a sense of belonging. Yet, direct selling retention remains one of the biggest challenges in the industry.

Bonuses and Incentives 61

Bonuses and Incentives Onboarding Software Recruiting Software Onboarding 61

Vantage Circle

MARCH 30, 2025

Why Understanding Employee Reward Systems is Crucial for Business Success Reward systems aren't just about handing out bonuses or giving a pat on the back. Some value financial incentives, while others prefer recognition or opportunities for growth. Types of Employee Reward Systems Employees find motivation in different things.

Planning Tools 103

Planning Tools System Bonuses and Incentives Retention and Turnover 103

Empuls

NOVEMBER 15, 2024

Referral bonuses Referral bonuses are an effective way to engage employees in the recruitment process. Wellness incentives Programs that promote health and well-being are increasingly popular in loyalty initiatives. Wellness incentives contribute to a healthier work environment, leading to higher morale and engagement.

Hiring Software 52

Hiring Software Planning Tools Assessment Software Recruiting Software 52

Vantage Circle

FEBRUARY 20, 2025

Designing an effective reward system isn’t just about handing out bonuses or gift cards. And the numbers back it up: A Gallup study found that highly engaged teams show 21% greater profitability, and 17% higher productivity compared to their disengaged counterparts. What inspires one person might not resonate with another.

Hiring Software 59

Hiring Software HR Software System Bonuses and Incentives 59

Kazoo

OCTOBER 27, 2017

We’re also seeing an explosion in continuous employee feedback , pulse surveys , and people analytics tools designed to improve the employee experience. Tara asked why we didn’t offer a feature that provided incentives to employees for their healthy choices through our recognition and rewards engine.

HR Trends 100

HR Trends Analytics Survey HR Software 100

HRExecutive

OCTOBER 23, 2023

Case in point, data from the Intuit QuickBooks Accountant Technology Survey shows that 90% of accountants have experienced hiring challenges over the past year. To remedy these challenges, over a third (36%) of the survey respondents identified mentoring younger professionals as key to remaining competitive and retaining employees.

Hiring Software 128

Hiring Software Bonuses and Incentives Hiring Recruiting Software 128

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. For that, you can use tools like market surveys and reports to stay updated. Bonuses or Financial Incentives Monetary rewards like bonuses or spot incentives are great and you can never go wrong with them.

Examples 66

Examples Retention and Turnover Bonuses and Incentives Hiring Software 66

HR Cloud

SEPTEMBER 17, 2021

A recent survey on Business News Daily notes that companies who offer such incentives can increase their weekly profits by upwards of $104,000. Vary the incentives you offer. In some cases, you may even find those non-monetary incentives create more motivated employees without costing much. Request a Demo.

Bonuses and Incentives 102

Bonuses and Incentives Time and Attendance Employee Recognition Employee Appreciation 102

Vantage Circle

MARCH 24, 2025

To explain simply, Experiential rewards are non-monetary incentives that provide employees with memorable experiences instead of cash or material gifts. A study by Deloitte shows companies with strong recognition programs see 31% lower turnover rates. While cash bonuses seem practical, they often lack emotional impact.

Bonuses and Incentives 59

Bonuses and Incentives Retention and Turnover Time and Attendance Employee Recognition 59

Xoxoday

SEPTEMBER 18, 2023

Boosting survey response rates is a priority for many researchers and organizations, as higher participation can lead to more accurate and comprehensive results. One proven way to achieve this is by offering survey incentives. But what types of incentives are the most effective?

Survey 52

Survey Bonuses and Incentives Compliance Training Examples 52

Terryberry

JULY 19, 2024

Employee satisfaction Employee satisfaction can be measured using surveys and other feedback avenues that assess aspects like pay, benefits, work conditions, and job security. Employee engagement Measuring employee engagement usually involves surveys that assess their emotional and psychological connection to their work.

Employee Engagement 52

Employee Engagement Hiring Software Bonuses and Incentives Wage and Hour Training 52

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 Interview Software 93

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.

Planning Tools 111

Planning Tools HR Software Compensation Hiring Software 111

EmployeeConnect

FEBRUARY 27, 2017

About 65 percent of the people in one survey reported that they received no recognition over the last 12 months for their work.In One study found that an innate desire for recognition drives company loyalty and employee retention because 93 percent of respondents expressed a desire to be recognised at least once each business quarter.

Employee Recognition 100

Employee Recognition Bonuses and Incentives Recruiting Software HR Software 100

EmployeeConnect

FEBRUARY 27, 2017

About 65 percent of the people in one survey reported that they received no recognition over the last 12 months for their work.In One study found that an innate desire for recognition drives company loyalty and employee retention because 93 percent of respondents expressed a desire to be recognised at least once each business quarter.

Employee Recognition 170

Employee Recognition Bonuses and Incentives Recruiting Software HR Software 170

Kazoo

JUNE 1, 2018

Last summer, a third-party research firm delivered an ROI Report after surveying Kazoo customers. Our ROI study showed that the Kazoo platform saves administrators and people managers an average of 5 hours per month – which adds up to substantial salary savings. Yet this is very short-sighted.

Hiring Software 100

Hiring Software Recruiting Software Assessment Software Employee Recognition 100

Vantage Circle

MARCH 23, 2025

This was thoroughly studied in the R&R report , which was curated using a vast database. Mix Reward Cadences One of the most effective strategies I have seen is mixing frequent, smaller rewards (like shoutouts or spot awards) with more extensive, milestone-based rewards (like annual bonuses or service awards).

Employee Recognition 59

Employee Recognition HR Software Hiring Software Planning Tools 59

Intoo USA

OCTOBER 18, 2018

In a recent Intoo Employer Branding Study , we surveyed 1,100 professionals and found insights as to what happens to employee perception after a layoff: 80% of employees say they would consider switching jobs if they witnessed their colleagues suffer poor treatment or management at work. . (e.g. Consider incentives.

Employer Branding 130

Employer Branding Outplacement 10KC Talent Experience 130

AIHR

JUNE 13, 2023

Because sales compensation plans play a vital role in attracting and retaining top sales talent, HR needs to know how to design a competitive and appealing compensation structure that offers attractive incentives and rewards to drive performance and sales results. Salespeople are motivated to reach specific goals and are rewarded accordingly.

Compensation 105

Compensation Planning Tools Bonuses and Incentives Examples 105