HR Digest

DECEMBER 2, 2023

Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality. Bonuses for top performers and performance reviews with the chance of a hike are also good motivators.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

HR Lineup

FEBRUARY 1, 2024

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. Lump Sum Payments: One-Time Rewards Lump sum payments are one-time payments made to employees outside their regular salary or bonuses.

Bonuses 60

Bonuses Commissions Salary Overtime 60

Higginbotham

JANUARY 17, 2024

In the rapidly evolving modern workplace, the demand for flexible work arrangements has become a prominent feature of both employee expectations and employer tools for strategic workforce management. Advances Driven by Technology Many advances in flexible work arrangements were enabled by technology.

Family and Medical Leave Act 40

Family and Medical Leave Act Work From Home Technology Profit Sharing Plan 40

Empuls

OCTOBER 11, 2023

Performance bonuses Performance bonuses are a common and effective way to reward employees for their outstanding work. These bonuses are typically tied to specific performance metrics or achievements, such as meeting sales targets, exceeding project goals, or surpassing customer satisfaction benchmarks.

Bonuses 40

Bonuses Retail Food Benefits Package 40

Vantage Circle

JULY 13, 2021

How to approach a Total Rewards Strategy that ensures benefits for both employees and employers. It includes the money paid to employees in wages, salaries, bonuses, perks, and other intangible benefits. As an employer, you probably put a lot of effort into analyzing your workforce and the performance of your employees.

IT 52

IT Bonuses Employee Retention Benefits Package 52

Achievers

OCTOBER 20, 2020

Despite these data points, organizations are just starting to recognize that recognition is a critical tool for incentivizing employees: one in five employers started their recognition program in the last 12 months. Profit sharing. Bonuses and raises. employees prefer bonuses based on personal performance.

Employee Incentives 264

Employee Incentives Profit Sharing Plan 401(k) Bonuses 264