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Don’t hand it out—and create bad incentives. Rewarding your employees with extra bonuses is a very tempting way to use excess budget. Consider the Talent Intelligence Platform from Eightfold. If you are holding excess budget, now is the perfect time to see what Eightfold can do for you both immediately and going into next year.
They spent money on the “right” tools and announced massive referral bonuses. Leaving is the litmus test for employees: This is the moment when they are going to disappoint you, and you have no clear incentive to be nice anymore. The fact that those programs haven’t moved the needle is almost beyond comprehension.
As an incentive to relocate workers from the big cities of San Francisco, New York, or Seattle to less-expensive locales, Stripe offered employees a one-time payment of $20,000, reports Anders Melin at Bloomberg. appeared first on Eightfold. Here’s how some of the biggest organizations have addressed the issue.
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