HR Digest

OCTOBER 17, 2020

Many organizations aren’t in a position to retain their people, let alone stimulate feelings of financial security and solidarity with bonuses and rewards. According to a recent survey in USA Today, Americans are far more worried about their finances than their health amid the COVID-19 outbreak. Sales Compensation.

Incentive Compensation 52

Incentive Compensation Paid Sick Leave Bonuses Hospitality 52

cipHR

SEPTEMBER 28, 2021

Around half of people working in the arts, entertainment or recreation sectors (54%), finance and insurance (53%), IT and software (51%), HR (50%), and legal services (46%) say the same. On average, two-fifths (40%) of workers under-35 feel that their employers pay their male staff more, compared to around a quarter (27%) of workers over-45.

warehousing 98

warehousing Salary Software Payroll 98

Vantage Circle

JANUARY 19, 2023

Keep in mind the ABCs of sales incentives : Align with sales roles, Benchmark against industry pay data, and Construct to drive the right sales behaviors Outline the purpose and goals of the incentive plan : specify which behaviors and results it is meant to promote. Let's look at some handy tips to motivate different representatives.

Food 105

Food Commissions Construction Finance 105

Business Management Daily

MARCH 1, 2022

The annual salary limit salary includes commissions, non-discretionary bonuses, and other non-discretionary compensation. Employees who earn the requisite weekly salary and perform certain functions that support the primary business will qualify as exempt administrators. Any 52-week period may be used to determine the compensation limit.

Overtime 52

Overtime Employment Salary Engineering 52

Business Management Daily

DECEMBER 28, 2023

Many leaders work on constructing fun questions that also provide insight. Percy Grunwald, personal finance expert and co-founder of Compare Banks , sees the onboarding process as “a crucial opportunity to not only gather essential information about our new employees but also to create a welcoming and engaging environment.”

Banking 52

Banking Human Resources Construction Food 52

Hppy

MARCH 15, 2024

Image by Master1305 on Freepik E mployee retention rates According to the US Bureau of Labor Statistics , the following industries have the best retention rates: Government — 91.4% Finance and insurance — 75.4% Construction — 35% Professional/business services — 36.5% Manufacturing — 71.4% Wholesale trade — 70.4% Education — 70.2%

Employee Retention 36

Employee Retention IT Manufacturing Employee Recognition 36

Higginbotham

SEPTEMBER 26, 2023

Departments that operate in isolation hinder the flow of new ideas and knowledge across the organization, which can be transformed when employees develop and share ideas between teams like sales, engineering, quality, finance, human resources, marketing and customer service. Celebrate and recognize innovation efforts.

Health 52

Health Human Resources Deductions Deductible 52

cipHR

JULY 12, 2023

I’m sure most employers are acutely aware of the continuing impact that rising living costs are having on their employees – and many will have already responded through increased pay or bonuses, and with wellbeing support or extra benefits.

warehousing 52

warehousing Food Retail Payroll 52

Empuls

AUGUST 30, 2023

It helps streamline the review process and encourages constructive discussions. Micro-bonuses : The platform offers the ability to give small monetary bonuses as a token of appreciation, creating a tangible reward for outstanding performance. Provides tangible rewards through micro-bonuses.

Software 40

Software Employee Recognition Utilities Bonuses 40

Professionals Alternative

JANUARY 30, 2020

The news has reported stories of corporations like American Airlines, AT&T, and Walmart awarding bonuses to their employees as a result, but the wage picture is not quite so rosy elsewhere. Construction. — What is Wage Stagnation? Though wage stagnation is a reality, there is no definite consensus on the reasons it exists.

Manufacturing 52

Manufacturing Architecture Transportation Healthcare 52