Compensation Cafe

FEBRUARY 16, 2021

Can your employees tell the difference between a raise and a bonus? After all, we often don't make much of a communication effort when we award bonuses. No wonder employees typically look at them as a gift, as the behavioral economists tell us. Employees understand the competitiveness factor, in a backhanded way.

Bonuses and Incentives 52

Bonuses and Incentives Compensation eBook Career Development 52

WorkHuman

DECEMBER 8, 2016

Regardless, it’s the time of year when many of us think about how we reward employees and what it will take to remain competitive in 2017. A survey from Willis Towers Watson shows that pay raises for employees are expected to remain at 3% in 2017 – the same increase for the past three years. How will you recognize employees’ efforts?

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Bonuses and Incentives Strategy eBook Retention and Turnover 70

The Incentive Solutions News blog

JUNE 24, 2020

Employee Rewards and Recognition: 10 Incentives that Don't Work. Incentive Rewards. Our Incentive rewards inspire motivation in your participants and produce the most ROI for your brand. Incentive Programs. Our incentive programs are strategically designed to help produce measurable growth for your business.

Planning Tools 52

Planning Tools Bonuses and Incentives Examples Employee Recognition 52

Compensation Cafe

JUNE 4, 2020

Every employee is worried about finances right now. And there is no way to duck it, because we'll need rapport with our employees more than anything this year. Decision-making needs" because you'll need to inspire employees to realign what's valuable to them. It's going to be the same way with your employees.

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Bonuses and Incentives eBook Compensation Career Development 94

EngagementMultiplier

MARCH 31, 2022

The recently-released Microsoft Work Index , a global survey of more than 31,000 employees, concluded that the workforce remains in transition. This desire for different working arrangements is fueling an increase in the percentage of employees planning to switch jobs this year. Yes, you read that correctly. Increase. .

Wage and Hour Training 82

Wage and Hour Training Retention and Turnover Bonuses and Incentives eBook 82

Compensation Cafe

DECEMBER 17, 2020

Closing the books on merit increases may be on schedule, but there are always loose ends to clear up before you get slammed with Q1 bonus and incentive work. I bet you would tell employees this most any day: You should take a break when you need one and when circumstances -- like snow days -- make it possible.

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Bonuses and Incentives Time and Attendance eBook Compensation 98

The Incentive Solutions News blog

SEPTEMBER 9, 2021

Rethinking Your Company Incentive Plans - Incentive Solutions. Incentive Rewards. Our Incentive rewards inspire motivation in your participants and produce the most ROI for your brand. Incentive Programs. Our incentive programs are strategically designed to help produce measurable growth for your business.

Planning Tools 52

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Compensation Cafe

AUGUST 6, 2020

"Total Rewards" makes a great title for an employee statement because it sums up what's on the page. When the term "Total Rewards" was introduced, it was thought that the overriding advantage would be to telegraph to employees that benefits had monetary value and should be viewed in the same way as compensation.

Compensation 90

Compensation HR Software Planning Tools Performance Management 90

Compensation Cafe

OCTOBER 1, 2020

They are personal discussions that require insight into an employee's reactions. You should be as far from your video camera as you would be from the employee if the conversation were in-person -- and the position of your camera should be at eye level, if possible. Ask the employee to do the same.).

Background screening 100

Background screening Compensation eBook Performance Management 100

Hppy

OCTOBER 6, 2017

In the absence of these factors, even the best employees won’t perform. To use money as a motivator, managers can link sales results to financial rewards, plus add incentives such as bonuses for outstanding performance. People feel happy even with informal praises given on a daily basis. Learning and development.

Compliance Training 71

Compliance Training Bonuses and Incentives eBook Video Recruiting 71

Hppy

JULY 25, 2016

As a leader in your company, you already realize the importance of acknowledging your employees for their efforts and contributions. And how do you implement an effective approach to employee recognition without over-praising mediocrity or under-valuing true accomplishments? But what types of action call for acknowledgment?

Employee Recognition 70

Employee Recognition Bonuses and Incentives BambooHR eBook 70

Compensation Cafe

DECEMBER 5, 2019

It's definitely time to check. What I'm talking about is giving employees enough information to understand how compensation decisions are made in your culture. What I'm talking about is giving employees enough information to understand how compensation decisions are made in your culture.

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Payscale Compensation eBook How To 78

Compensation Cafe

JUNE 25, 2020

Aren't we bound to get it wrong if we start talking to employees now? Compensation departments often run on the "no news is good news" communications strategy, choosing to take the upper hand in their relationship with employees. Share information -- This is the time-honored goal for compensation communications.

HR Planning 105

HR Planning Compensation eBook Planning Tools 105

Compensation Cafe

MAY 28, 2019

I'm talking about: Requiring that the design helps your company achieve its strategic business and talent management goals. Conducting employee focus groups so you find out not only what employees think, but why. Connecting business strategy with an employee's work, so the reasons for their rewards are plain as day.

Compensation 85

Compensation eBook Career Development Analysis 85

Hppy

JANUARY 28, 2017

Need to decide on how to reward your employees for a project completed well? Too many managers and bosses believe that money is an effective reward and incentive for doing one’s best work. Money does not guarantee employee retention. How can employers give more control to employees? The bottom line? million times.

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Bonuses and Incentives eBook Groups HR Software 70

Compensation Cafe

APRIL 25, 2019

There's a lot to be said for hiring a highly experienced new employee for your team. Make the most of tested solutions that an experienced employee can bring for inevitable project challenges. Enjoy the new hire's confidence in the face of pressing deadlines. At the same time, mid-career hires are tricky.

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Hiring Hiring Software eBook Compensation 45

Compensation Cafe

JUNE 16, 2020

What happens when you disappear raises, slim down bonuses, freeze salaries and/or jack up benefit costs? Career development no longer has to share the total rewards spotlight, and it becomes the go-to form of employee recognition. Most employee surveys have reported this yearning for years. Don't trade titles for raises.

Career Development 85

Career Development Bonuses and Incentives Compensation Employee Recognition 85

Spark Hire

JANUARY 12, 2017

Finding the perfect team member to add to your existing roster of talent is no small task. A qualified hiring manager knows you have to weigh the professional’s knowledge base alongside their personality and ability to mesh well with the company’s existing culture. Don’t pigeonhole potential employees. Set up a referral program.

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Video Recruiting Recruiting Software Recruitment Hiring Software 60

Compensation Cafe

NOVEMBER 28, 2018

After all, it's common to find individual managers who are uncomfortable judging their employees' performance and/or managers who believe that differentiation is bound to cause unmanageable bad feelings within the department. These are often the same managers who are paying employees more than range maximum.

Compensation 80

Compensation Planning Tools Interview Software eBook 80

Compensation Cafe

MARCH 17, 2020

Our communication appetite was fed by information and then even more information but we really weren't looking for a lot of details. That gives employees an alert about the new program, but it doesn't really clear up how it's going to apply to them, so you really shouldn't stop here.

Compensation 88

Compensation Bonuses and Incentives HR Software Case Study 88

Zenefits

OCTOBER 19, 2021

When there’s a lack of motivation in the workplace, it can not only bring down productivity, but it can mean that a business isn’t meeting its employees’ needs. But keeping your employees motivated can require a little bit of planning and psychology. Is there a clear path for my employees to improve and grow in their careers?

Bonuses and Incentives 69

Bonuses and Incentives Compliance Training eBook Planning Tools 69

Compensation Cafe

SEPTEMBER 22, 2020

If you were hiring for an entry-level position, how much more would you pay for someone who had graduated from Harvard? These are useful questions to ask yourself if your recruiters and execs are fond of hiring from the top universities in the country. Who are you hiring? How about Cornell?

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Hiring Compensation Career Development eBook 45

Peoplebox

OCTOBER 29, 2024

It can be broken down into three stages: Making potential candidates aware of the company or open role Generating interest so they apply Persuading them to accept the job offer Outbound recruiting is generally known to bring quick results, as you don’t wait for employees to reach out to you. Here are three common trends we are seeing.

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AI Recruiting Recruiting Software Hiring Software Assessment Software 52

Compensation Cafe

APRIL 8, 2019

Bonuses are paid, last year's results are old news and grand plans for this year have been signed, sealed and delivered. Declutter and choose a focus that you can proudly describe to your employees. Looking at clear skies these days? You know, that ones that never seem to make it onto anyone's dashboard. Here are a few thoughts.

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Bonuses and Incentives Compensation eBook Performance Management 60

Compensation Cafe

JUNE 25, 2019

As we all know, the FLSA specifies that nonexempt employees must be paid at least 1.5 The murkiness has caused some of the more nervous companies to cut back or avoid perks that could be considered potential candidates for the regular rate of pay definition, just in case they would qualify employees for higher rates of overtime pay.

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Bonuses and Incentives eBook Compensation Career Development 59

Compensation Cafe

APRIL 27, 2017

Many star employees are probably ready to leave their companies. We still have a hangover from the recession, which makes internal equity a sore point as we negotiate for new talent. First impressions are critical -- Potential employees are using your company's website and social media to kick the tires. Take a look.

Compensation 56

Compensation How To Recruitment eBook 56

Compensation Cafe

OCTOBER 24, 2019

Here are three tips you can use any time during the year, but most of all during merit increase and incentive award periods. After the announcement communications, check to see if your plans include everything managers need either by asking around informally or better yet, sending out a short questionnaire.

Compensation 58

Compensation Planning Tools eBook HR Software 58

Compensation Cafe

SEPTEMBER 12, 2016

It's worth pausing a minute to contemplate the fate of Wells Fargo 's incentive plan. The bank has fired at least 5,300 employees who were involved." You are a trusted business advisor and if you have designed an incentive plan, you should be acting as if you have financial responsibilities for the incentive outcomes and funding.

Compensation 40

Compensation eBook Guidelines Course 40

Compensation Cafe

AUGUST 9, 2019

Here are some road-tested tactics that will help build your employee relationships. Employees often consider benefits a given that companies "need" to offer. When you talk about employee pay, even in one-on-one conversations, you should always describe it as part of the Total Rewards for working at your company.

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Bonuses and Incentives Company Compensation eBook 49

Compensation Cafe

FEBRUARY 25, 2020

This stark reality is based on Gallup research, some of it confirmed and elaborated over 40 years. We can thank two Gallup researchers for reminding us about these findings in a recent HBR Blog Network article. Gallup finds that great managers have the following talents. Most can't. I'm using their words here.). (I'm

Compensation 53

Compensation eBook HR Function Performance Management 53

Compensation Cafe

FEBRUARY 11, 2020

This is a big loss to our work, our managers and our employees. Just like your executives using their insights from the discussions, you could become much more detailed and direct in communicating the compensation philosophy you've inadvertently kept to yourself -- but which your managers and employees have been longing to hear.

Bonuses and Incentives 52

Bonuses and Incentives HR Planning Compensation eBook 52

Hppy

OCTOBER 31, 2016

Employees want to continue to learn new skills and develop their competencies. As research from Deloitte states : “Employees at all levels expect dynamic, self-directed, continuous learning opportunities from their employers.”. This type of learning can be very important for companies and employees who use freelance employees.

HR Software 70

HR Software Assessment Software Planning Tools Interview Software 70

Compensation Cafe

MARCH 13, 2020

Falling back on HR and Comp buzzwords while failing to provide the detail and clarity that make the information meaningful to employees? This list may make easy listening for new hires, but it really doesn't hold up with employees over the years. Margaret O'Hanlon is here with some Classic tips for upping your game.

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Bonuses and Incentives Compensation Career Development eBook 52

Payactiv

DECEMBER 28, 2021

Welcome to our resource page for Quick Service Restaurant (QSR) Hiring! This page is set up to give you the latest information on what’s happening in the hiring market right now, as well as the trends restaurants, are facing when it comes to hiring. Fast food and faster turnover. Download Now. The QSR Facts.

Wage and Hour Training 52

Wage and Hour Training Industry Hiring Software Retention and Turnover 52

Payactiv

DECEMBER 28, 2021

Welcome to our resource page for Quick Service Restaurant (QSR) Hiring! This page is set up to give you the latest information on what’s happening in the hiring market right now, as well as the trends retailers, are facing when it comes to hiring. In an average year, the QSR industry is home to nearly 5 million employees.

Wage and Hour Training 52

Wage and Hour Training Industry Hiring Software Retention and Turnover 52

Compensation Cafe

APRIL 28, 2020

If you think that the findings can't possibly apply to a company like yours, participation ranged from companies with fewer than 250 employees (15%) to over 50,000 (9%). Margaret O'Hanlon, CCP brings deep expertise to discussions on employee pay, performance management, career development and communications at the Café.

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Compensation Cafe

JANUARY 26, 2021

Behavioral economics research can teach us many ways that our programs can be more effective. So if we remain unaware of the research findings we will literally be less effective than we can be. This is especially important to notice now that employees are finding some comfort again in habits. Here are a few. In a time of 2.5%

Compensation 52

Compensation Background screening Strategy Bonuses and Incentives 52