Business Management Daily

AUGUST 20, 2024

Stack ranking started in the 1980s when General Electric (GE) CEO Jack Welch coined his ‘ vitality curve ,’ a forced ranking system that ‘stacked’ employees against one another regarding performance evaluation. According to research, 30% of Fortune 500 companies use the stack ranking evaluation system today.

Performance Management

Heyyy HR!

AUGUST 21, 2024

Using recruitment software and applicant tracking systems (ATSs) can streamline this process. Encourage continuous learning by setting up a corporate library, allowing and providing the resources to allow employees to attend professional events (i.e. Rewarding high performers with bonuses or other incentives can boost morale.

HR Planning

Betterworks

JANUARY 25, 2021

Betterworks hosted our first full-day, virtual Goal Summit conference in December 2020 for senior leaders looking to transform their organizations through results-driven goals. How do you motivate delivery of OKRs without the association of traditional incentives (merit increase, bonus, etc.)? Patience is a key to OKRs as well.

Objectives & Key Results

AIHR

FEBRUARY 6, 2024

Digital HR : For example, leverage technology to enhance recruitment processes. AI integration and automation: For example, incorporate AI and automation tools for more effective and data-driven recruitment. Factor in all costs associated with sourcing platforms, advertising, interviewing processes, and relocation needs.

AI Recruiting

HR Lineup

JULY 25, 2024

Retention: Competitive Compensation and Benefits: Offering competitive salaries, bonuses, and benefits packages to retain top talent. Engagement Programs: Developing programs that foster a sense of belonging and commitment, such as team-building activities, social events, and employee resource groups.

HR Software

Xoxoday

MAY 20, 2024

Points Point-based rewards programs are among the most common customer incentives. These tiers have the same benefits except for seasonal savings events, point multipliers, Rouge rewards, and exclusive gifts. Referral Referral rewards programs encourage customers to refer their friends and family to earn incentives.

Planning Tools

Empuls

MAY 16, 2024

Some may value financial incentives like bonuses or raises, while others might prefer opportunities for professional development or flexible work arrangements.    Extrinsic rewards are tangible or intangible benefits provided by the organization, such as bonuses, public recognition, or additional paid time off. 

Bonuses and Incentives