Vantage Circle

JUNE 16, 2021

If that's the case, a profit-sharing plan is just right for you! According to a Gallup poll, 40% of the employees want profit-sharing options as a part of their compensation plan. So before you start planning, here is all you need to know about profit-sharing. What is Profit-Sharing?

401(k) 52

401(k) Profit Sharing Plan Retirement Plan Bonuses 52

HR Digest

DECEMBER 2, 2023

Bonuses for top performers and performance reviews with the chance of a hike are also good motivators. The SHRM study also found that 62 percent of employees reported health care/medical benefits as important job satisfaction components, and 41 percent valued defined contribution plans like 401(k). million U.S.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Vantage Circle

NOVEMBER 30, 2022

What would happen if your employees knew that behind every great job they do, there is a tangible reward waiting for them at the end of it? Deadlines would be met sooner, people would be more motivated, and productivity would skyrocket. And that precisely explains the power that extrinsic rewards hold. Definition Of Extrinsic Rewards.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

Vantage Circle

SEPTEMBER 26, 2021

A phantom stock, also known as “shadow stock” or “ghost shares”, gives employees the opportunity to share in the wealth and success of the company. Companies do this by providing employees with a stake in the company's stock as well as a retirement plan to ensure they have enough money later on in life. Phantom stock.

Employee Stock Option 52

Employee Stock Option 401(k) Taxes Bonuses 52

Achievers

OCTOBER 20, 2020

Harvard Business Review found that when workers’ strengths were recognized by managers , it resulted in happier workers and a 14 to 29 percent increase in profit. You can even enable a one-click “boost” option that lets employees add points to successes as they’re shared. even a simple thank you can be enough to keep someone motivated.

Employee Incentives 264

Employee Incentives Profit Sharing Plan 401(k) Bonuses 264