In the best cases, these schemes are designed to differentiate among performance levels, rewarding effort and results with annual merit pay increases and other annual incentives. Unfortunately, some recent data suggest that they may not be as effective as originally believed. MORE

The data I shared with her from recent customer studies supported the idea that employee recognition is one of the most efficient levers in their total rewards strategy. Below is a clip about the Deniers from Globoforce CEO Eric Mosley’s keynote at WorkHuman 2017. MORE

In the United Kingdom, greater gender diversity on the senior-executive team corresponded to the highest performance uplift in our data set: for every 10 percent increase in gender diversity, EBIT rose by 3.5 SHRM/Globoforce Survey. SHRM/Globoforce survey results reported that. MORE

Editor's Note: Today's Classic features Derek Irvine with some data and insights about the importance of employee engagement - even (and some might argue especially) in a union environment. Incentives/Bonuses Pay for Performance Recognition MORE

Finding 3 in the 2016 SHRM/Globoforce Employee Recognition Survey shows that the sweet spot for values-based rewards and recognition investment is 1% or more of payroll. The data doesn’t look good. Check out the e-books Annual Bonus, Annual Waste? MORE

2) 4 Meaningful Ways to Recognize Exceptional Employees from Customer Think During this holiday season, many managers are grappling with annual performance reviews, year-end bonuses, and planning for 2017. According to a global survey of more than 1,000 executives, non-financial incentives can be a more effective motivator than financial incentives. The impact of financial incentives is often short-lived. MORE

There are possibly a handful of companies that clearly leverage pay as a critical part of their company culture, so perhaps the data isn’t completely off base. Typically, the statistics we read about in workplace surveys are intuitive. MORE

In fact, 71% of companies use exit interviews to measure employee engagement, according to a 2011 SHRM/Globoforce survey. Many companies use tools like Officevibe and TINYPulse to track employee morale in real-time, analyze data and do pulse surveys. MORE