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PTO in a Staycation World

Compensation Cafe

Many companies will hard-pressed to meet their annual incentive plan goals this year. You may save money by paying these bonuses, but companies with some cash may choose to fold in unused PTO as an additional incentive payment at the time of bonus. Dan is also a leading expert on incentive plans and equity compensation issues.

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Cracking the Retention Code: Why Do Call Centers Have High Turnover Rates?

Payactiv

To incentivize loyalty and higher agent performance, consider implementing the following: Setting clear individual or team performance goals (such as call resolution times and good customer satisfaction ratings) and tying these to rewards or bonuses. Learn more about Payactiv’s Service , or book your demo now.

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Forget the Cash: 5 Thoughtful Ways to Reward Employees

Cornerstone On Demand

In fact, the best organizations recognize and reward employees at all levels with incentives that go beyond year-end cash awards, says Jim Greenway, executive vice president, marketing and sales effectiveness for Lee Hecht Harrison , a global career transition and outplacement organization.

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Is Your Hotel Fully Staffed as Summer Demand Heats Up?

Hireology

That means you’re experiencing more bookings than ever, which is great news for the hospitality industry given how hard many of you were hit by the events of 2020. Some businesses are choosing to offer higher wages and other incentives like signing bonuses. COVID-19 cases are down. Summer is here.

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12+ Creative Staff Bonus Ideas That Go Beyond Cash Rewards

Empuls

Bonuses have long been a favorite tool for employers to boost employee motivation and engagement. While salary increases play a role, bonuses—especially those tailored to individual preferences—can have an even bigger impact on morale and performance. The challenge is that not all bonuses are created equal.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

In most organizations, long-term incentives are gone. Take a look at your current incentives for staff. If it’s at the 13- to 18-month mark, the staff probably see little incentive to stay until the 24-month mark, if they’re convinced they’ll only get a 3% cost of living adjustment (which is NOT a raise!).

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Cafe Classic: FABulous Pay Improves Talent Acquisition

Compensation Cafe

Examples include: 1) “Our pay philosophy is to offer moderate base pay with an industry-leading potential for incentive pay.”. Dan is also a leading expert on incentive plans and equity compensation issues. Editor's Note: What can great salespeople teach us about communicating rewards? They are simply factual descriptions.