Remove AON Remove Bonuses and Incentives Remove Talent searching
article thumbnail

3 Important Trends from the Latest Global Employee Engagement Report

Kazoo

The Aon 2018 Global Employee Engagement Trends report was just published, and if you are an HR professional or company executive looking for fresh, fascinating insights on employee engagement, look no further. Employee engagement has increased worldwide. Rewards and recognition top the list of engagement drivers.

article thumbnail

Let’s Talk About the Trend Away From Base Pay Increases Towards Short Term Rewards

Something Different

Namely; the percent of annual payroll budgets dedicated to salary increases has shrunk from a high of 10% to a current level of 2.9%, and short-term incentives as a percent of payroll has skyrocketed from 3.9% (when Aon first started tracking the metric in 1988) to a record 12.7% last year. ^In So what does it all mean?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

To give, or not to give? Navigating the 2023 merit pay dilemma.

HiBob

Others are battening down and seeing where they can cut corners and increase efficiency and productivity without sacrificing their hard-won talent. . On the other hand, strategic compensation incentives are crucial for retaining the key talent you’ve fought so hard to find over the last few years. What’s our cash flow?

article thumbnail

18 Benefits of HR Analytics For Your Business [With Examples]

Analytics in HR

Improving recruitment and talent acquisition 3. One example of this is when PNC bank’s HR team used HR analytics to better understand the risk of their incentive plans. Improving recruitment and talent acquisition. Contents What is HR analytics? HR analytics benefits 1.

Analytics 110
article thumbnail

How to Design an Employee Engagement Framework That Drives Retention and Innovation

Engagedly

In the context of corporate success of all shapes and sizes, employee engagement is not merely a thread in that tapestryit’s the vibrant hue that brings the entire picture to life. So, let us take you on a little journey on building an employee engagement framework that is not only keeping talent in-house but also igniting innovation!

article thumbnail

8 Tried & Tested Employee Retention Strategies in the Insurance Sector [2024 Edition]

Empuls

Elevated voluntary turnover can lead to heightened expenses, diminished productivity, and a loss of valuable talent. The recruitment landscape, particularly for seasoned professionals, is anticipated to become notably challenging in the upcoming months. The talent war for these professionals can drive turnover rates.

article thumbnail

Salary Negotiation Strategies: Securing Your Worth in the Workplace

Heyyy HR!

Salaries are a key component of the job search process and are often the deciding factor in accepting a new position or negotiating a raise. Moreover, understanding salary trends is important for local job seekers, those considering international opportunities, hiring managers, and companies who are seeking employees.