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10 Rules for Employee Retention Your Competition Will Hate

Insperity

Performance bonuses are common in professional sports. For example, Indiana Pacers guard Paul George received a $7 million bonus when he achieved the honor of being selected to the All-NBA team in 2014. If you have employees who are tied to sales, consider offering them commission on top of their base salary. Flexibility.

article thumbnail

10 Rules for Employee Retention Your Competition will Hate

Insperity

Performance bonuses are common in professional sports. For example, Indiana Pacers guard Paul George received a $7 million bonus when he achieved the honor of being selected to the All-NBA team in 2014. If you have employees who are tied to sales, consider offering them commission on top of their base salary. Flexibility.

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10 People Sustainability Strategies for Your Business

Vantage Circle

Angela Davis, Activist As McKinsey says , the 2019 analysis finds that companies in the top quartile for gender diversity on executive teams were 25 percent more likely to have above-average profitability than companies in the fourth quartile—up from 21 percent in 2017 and 15 percent in 2014. So, how does this help business?

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Is Your Annual Incentive Pay Plan the Right Fit For Your Business?

Insperity

In 2014, 90 percent of publicly traded firms offered such plans, according to a WorldatWork and Deloitte Consulting LLP report. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). So what does that mean for your business? You need to develop an effective incentive plan.

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Is Your Annual Incentive Pay Plan the Right Fit for Your Business?

Insperity

In 2014, 90 percent of publicly traded firms offered such plans, according to a WorldatWork and Deloitte Consulting LLP report. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). So what does that mean for your business? You need to develop an effective incentive plan.