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How To Design An Effective Spot Bonus Program?

Vantage Circle

Having a sound understanding of this reward will help you gauge its scope better. Spot bonuses are one-time cash rewards given to employees who have performed exceptionally well. Spot bonuses are a valuable tool in the complex toolkit of employee management, capable of delivering positive results when used effectively.

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

You may even need to improve your employer brand in your community if you don’t have a positive reputation as an employer in your area. This often includes, but is not limited to: conducting and analyzing employee surveys and stay interviews. building employee networks/committees.