Similar to holiday shopping, there’s no one stop shopping in Rewards & Recognition programs. As you read on, think about what’s going to work at your organization. Use your imagination to create a program that will work for you. As you develop the program, there are a couple of questions you’ll want to answer: What […]
Compensation – “Getting Back to Basics”
2010 is still a tough market, for both employers and employees. Employers are managing budgets tightly and employees are feeling overworked and uncertain. Businesses and families are getting “back to basics”. Below are some suggestions to help your organization get your compensation programs “back to basics”: – Compensation Philosophy: A compensation philosophy is a company’s commitment to […]
Employee Incentives – A New Approach
A traditional Employee Incentive Plan rewards employees for a job well done; however, many companies are taking a new approach to employee incentives. The new incentive plans are aimed at achieving specific company goals such as cost savings, going green or promoting healthy behaviors. Research has found that offering financial incentives increases the success rate […]
