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Most employee bonuses last year were expected to match 2023 levels

HR Brew

Last year, the bonus pool at 58% of companies was expected to match the 2023 incentives rate, according to a survey by Gartner. The 2024 study (surveying 64 total rewards leaders) found that 11% of organizations planned to increase their short-term incentive budgets, while 6% expected to decrease.

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How incentive theory drives motivation and behavior in the workplace

Achievers

Incentive theory offers valuable insights into what drives employee motivation in the workplace. Whether it’s a financial perk, professional growth opportunity , or simple recognition, incentives help create a culture where employees feel valued and motivated to contribute their best. What is incentive theory?

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Disgruntled Employee: Meaning, Threats & Ways to Deal

HR Lineup

Damage to Reputation: Negative customer experiences can harm the company’s reputation, making it difficult to attract new customers. Settlements and Fines: Companies may face financial penalties or be required to settle claims, which can impact profitability.

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How To Craft a Strategic Hiring Plan in 2025

AIHR

A well-executed hiring plan can be the difference between a company that reaches its strategic business goals and one that is outperformed by its rivals. A hiring plan is a detailed strategy that outlines your company’s recruitment needs for a specific period of time, typically one year.

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Improving Employee Retention In IT With Smart HR Management Practices

HR Management

The rapid pace of technological advancements demands continuous learning, and if companies don’t provide those resources, employees may seek them elsewhere. Pre-employment assessments can further determine whether a candidate’s values and work style mesh with your company’s culture.

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A Small Business’s Guide to Hiring Seasonal Employees

Extensis

When these companies need more helping hands, they need them now. Potential cost savings : Seasonal staff that enjoy their experience at your company may return during your next busy period, possibly reducing future recruiting expenses. A substantial need for an increased headcount at an accounting firm during tax season.

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Boost Branch Performance with Tiered Profit Sharing

COATS Staffing Software

Implementing a tiered profit-sharing plan can deliver powerful resultsenhancing branch performance and driving overall company success. However, the company sought a better alternative to annual cost-of-living increases. With bonuses awarded monthly, employees stayed focused on performance and celebrated wins twelve times a year.