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Employee Recognition Event: Tips and Recognition Calendar

Vantage Circle

Employee recognition events go beyond mere celebrations; they are pivotal drivers of engagement, morale, and success. Thus, creating impactful recognition events requires thorough planning and exploration. Recognition events are categorized into two categories: informal and formal. How do you wish to celebrate this event?

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How To Design An Effective Spot Bonus Program?

Vantage Circle

Although there are innumerable ways of rewarding your employees, rewards like spot bonuses undoubtedly win it. Unlike traditional performance-based bonuses typically tied to annual or quarterly reviews, spot bonuses can be awarded anytime. Hands down! Spot Bonus- What is it? Why Give Spot Bonus to Employees?

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47% of businesses plan bonuses for Christmas 2022

Employee Benefits

Almost half (47%) of businesses said they planned to provide staff with year-end bonuses for Christmas 2022, according to research by Just Eat for Business. For those planning on providing Christmas bonuses, employers based the decision on sales targets (31%), profits (30%) and employees’ personal goals (29%).

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Employee bonus programs: What’s right for your company?

Insperity

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. How employers benefit.

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John Lewis Partnership to pay 3% bonus and increase staff pay

Employee Benefits

“We see continued uncertainty from global events affecting the economic environment, our customers, partners and society. The John Lewis Partnership is to pay employees a 3% bonus, as well as committing to pay the voluntary living wage and implementing a wider pay rise.

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Valentino agrees staff bonus deal and extends benefits

Employee Benefits

It has also extended the usability of the 16 hours of leave offered for medical checks and awarded an additional allowance of €60 (£51.58) gross for each day of travel for fashion or look book events that require an overnight stay. ” Valentino was contacted for comment prior to publication.

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Amazon to shell out $500 million in holiday bonus to frontline workers

HR Digest

In a dramatic turn of events, the retail giant has announced it will pay frontline workers a one-time holiday bonus of up to $300. This brings the total spent on special bonuses and incentives across its global workforce to over $2.5 Retail giants Walmart and Target have also paid holiday bonuses to their workers.

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