Remove Bonuses and Incentives Remove Hiring Software Remove Outplacement
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Forget the Cash: 5 Thoughtful Ways to Reward Employees

Cornerstone On Demand

Simply showing employees the money may not be the most effective motivational and engagement tool for today’s changing workforce. "These incentives should take into account the personal interests, needs and goals of the individual," says Greenway. A few extra days off can really refresh and energize.

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Top 3 Strategic Alternatives to Layoffs

Careerminds

When considering cost-saving measures or optimizing staffing, the default solution for many is to consider reducing the workforce through layoffs or other forms of downsizing. This is why, if a layoff event must happen, we strongly suggest HR leaders provide outplacement services for their staff members to ease these tensions.

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How is Severance Pay Determined? How to Calculate Severance

Intoo USA

If a company does not provide severance pay, other costs often go up due to a higher cost-per-hire, an increased number of wrongful termination claims, and a shrinking customer base. Harvard Business Review found that a bad reputation costs companies about $4,723 more per hire. Commission, bonuses, and other expected compensation.

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Layoff Survival Checklist: How to Retain Talent & Manage Reputation Post-Layoff

Intoo USA

Talent poaching refers to hiring current or former employees from a competitor or similar organization. Employees who were provided outplacement after a layoff are 3x more likely to continue purchasing that company’s offerings after the separation event. Consider incentives. Administer performance-based incentives.

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Part-Time vs. Full-Time Jobs — Pros, Cons & Full Explanation

Intoo USA

Full-time staff often relish performance-based bonuses and annual appraisals, while part-time employees highly value flexible scheduling and additional incentives. This fosters a skilled and capable workforce, promoting internal promotions and reducing the need for external hiring.

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How is Severance Pay Determined? How to Calculate Severance

Intoo USA

If a company does not provide severance pay, other costs often go up due to a higher cost-per-hire, an increased number of wrongful termination claims, and a shrinking customer base. Harvard Business Review found that a bad reputation costs companies about $4,723 more per hire. Commission, bonuses, and other expected compensation.

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Layoff Survival Checklist: How to Retain Talent & Manage Reputation Post-Layoff

Intoo USA

Talent poaching refers to hiring current or former employees from a competitor or similar organization. Employees who were provided outplacement after a layoff are 3x more likely to continue purchasing that company’s offerings after the separation event. Consider incentives. Administer performance-based incentives.