Compensation Cafe

JUNE 23, 2015

Last month The New York Times ran an article bemoaning the loss of pay raises in favor of one-time bonuses and non-monetary rewards. percent in 2014, the survey of 1,064 organizations found. Cited in the article, analyst firm Aon Hewitt calls this a “drastic shift” based on the firm’s annual survey on salaried employee compensation.

AON 40

AON Compensation Payroll Survey 40

Empuls

MARCH 25, 2022

In the 2014 General Motors recall scandal where GM CEO Mary Barra had to appear before Congress to answer for the company’s failure to recall defective cars leading up to 13 deaths, what emerged as one of the underlying causes was the company’s flawed rewards and punishment process. Take General Motors, for example.

Planning Tools 52

Planning Tools Hiring Software HR Software Bonuses and Incentives 52

Vantage Circle

MAY 29, 2023

Angela Davis, Activist As McKinsey says , the 2019 analysis finds that companies in the top quartile for gender diversity on executive teams were 25 percent more likely to have above-average profitability than companies in the fourth quartile—up from 21 percent in 2017 and 15 percent in 2014. Identify and prioritize stakeholders.

Strategy 62

Strategy Hiring Software Assessment Software Compliance Training 62

cipHR

NOVEMBER 2, 2022

Regular performance reviews should help an employee develop their strengths and weaknesses while having an incentive to improve. A review can also help inform other administrative decisions for employment, eg bonuses, pay, promotion or even redundancy. If you haven’t, you’re probably one of the lucky ones.

Assessment Software 52

Assessment Software Planning Tools HR Software How To 52

ClearCompany HRM

DECEMBER 28, 2023

This article about the impact of employee recognition was originally published in August 2014 and was updated in December 2023 with new information and sources. employee engagement fell to 32% in 2022 after reaching 36% in January 2020, a record high since Gallup first reported the metric in 2000.

Employee Recognition 370

Employee Recognition ClearCompany HR Planning Retention and Turnover 370

HR Daily Advisor

AUGUST 16, 2017

in 2014, and 38.1% 2017 Bonuses. last year) paid bonuses to their exempt employees in 2017, with 18.4% (up from 15.7% last year) of those surveyed awarded bonuses to their hourly workers, with 21.6% last year) gave their senior management team members bonuses above 10% of base pay, and 21.2% (down from 24.5%

Survey 43

Survey Bonuses and Incentives Compensation Retention and Turnover 43

Empuls

AUGUST 1, 2024

In today's job market, where employee engagement is on a downward trend, effective incentive programs can make a significant difference in retaining top talent and fostering a positive work environment.   Empuls, employee engagement platform offering a range of reward incentives.    Take Empuls as an example.

Bonuses and Incentives 40

Bonuses and Incentives Assessment Software HR Software Recruiting Software 40

Vantage Circle

APRIL 17, 2023

The plan should ideally focus on: Distribution system to support the delivery of the peer bonuses The budget allocation of the peer bonuses Policies to counteract the misuse of the peer bonus system. For the employee who is successful in obtaining the most accolades, offer a special award or incentive (ideally monetary).

HR Software 74

HR Software Hiring Software Planning Tools Bonuses and Incentives 74