When employee incentives are used correctly, they can have a substantially positive impact on the entire workforce.
Research shows that weekly profits can increase dramatically for companies that have effective incentive programs in place.
Workplace culture can be similar to the weather — everybody talks about it, but who actually does anything to change it? Guest poster Sandeep Kumar offers seven steps employers can take to improve their day-to-day working environments.
Businesses cannot celebrate the holidays the old-fashioned way, but that doesn’t mean they shouldn’t invest in their employees this season.
Performance-based pay is likely the most common feature of the compensation structures of U.S. companies, experts say. And guess what? It’s also likely to be affecting your workers’ mental health. When employers transitioned to a pay-for-performance compensation plan (based on bonuses, commissions, profit-sharing, etc.), workers showed an increased use of anxiety and depression medications: 5.7% […]
As states ease restrictions put in place by COVID-19 stay-at-home orders, employers are grappling with multi-faceted risk analysis and questions regarding the best way to recall employees to work: When should we reopen? Should all employees come back at once, or should we recall employees in waves? If we don’t call all employees back at […]
Rewards matter. Sure, salary and benefits are key factors, too. But for any good employee, being recognized for effort is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention and productivity.
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