Remove 2001 Remove Bonuses and Incentives Remove Employee checks
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Sign-On and Retention Bonuses Reach All-Time High

Compensation Force

The use of sign-on and retention bonuses appears to be at an all-time high, according to a recently released WorldatWork survey on Bonus Programs and Practices. The research, which highlights the practices of 713 organizational participants, is the fifth iteration of a series that dates back to 2001. Retention Bonuses.

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5 Elements of a Healthy Performance Review Process

Achievers

The idea that people are motivated by knowing where they stand within an organization gave birth to the “ rank and yank ” method of ranking employees into top, average, and poor performing tiers (and eliminating those at the bottom). This was popularized by Jack Welch, former CEO and Chairman of General Electric (1980-2001).

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

Compensation Cafe

Today''s Part I lays the groundwork for an important discussion -- to be featured in Parts II and III -- about the changing landscape of employee rewards. As one who has researched employee rewards for well over 30 years, it is my considered opinion that this field has gotten stagnant and, well, a bit dull. Gerry Ledford.

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

Compensation Cafe

2014, The changing landscape of employee rewards: Observations and prescriptions. Part 1 of this series argued that employee compensation has become a stagnant field. Part 2 asked how and why employee rewards have changed over the past 35 years. Part 2 asked how and why employee rewards have changed over the past 35 years.

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Leading Vendors Announce Quizzify Partnerships to Satisfy Forthcoming Wellness Incentive Rules

Quizzify

The ruling upends the wellness industry by proscribing “voluntary” incentives for screenings and health risk assessments as of January 2019. By adding Quizzify as a screening alternative, partner vendors avoid the pending upheaval, and none of their customers will have to reconfigure their program incentives or penalties.

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Do You Know How to Attract Star Employees?

Compensation Cafe

Many star employees are probably ready to leave their companies. We still have a hangover from the recession, which makes internal equity a sore point as we negotiate for new talent. First impressions are critical -- Potential employees are using your company's website and social media to kick the tires. Take a look.

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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. Spanish flu). Performance Appraisal. Money talks, honey.