Remove 2001 Remove 2004 Remove Bonuses and Incentives
article thumbnail

Part I - Malaise in the Employee Rewards: What’s Going On?

Compensation Cafe

Sales compensation has always been a different beast: it has different buyers and economic cycles than employee rewards, and sales incentives constantly evolve to meet new business needs. For contrast, let’s remember what I consider to be the Golden Age for employee rewards: the late 1980s to about 2001. He received a Ph.D.

article thumbnail

Part III - Where Should We Take Employee Rewards in the Future?

Compensation Cafe

Since the recession of 2001, business leaders have made cost control their primary goal for rewards. Organizations would be more effective and employees would be more engaged if at least half of benefits dollars were converted into cash, especially incentive opportunities. Employee incentives fit that bill. . Implications.

article thumbnail

360 Degree Feedback: A Comprehensive Guide

Analytics in HR

Smith and Walker (2001) found that positive 360-degree feedback ratings of bank managers were correlated with customer loyalty. Conway, Lombardo, and Sanders (2001) found that direct reports and team member ratings explained more variation in measures like productivity and profit than other sources.