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Recognition & Rewards

How does your company compare on total rewards?

03/23/2023
Total rewards are about much more than compensation. According to the WorldatWork association’s 2022 In Review: Total Rewards Inventory of Programs & Practices report, total rewards encompass best HR practices around work flexibility, performance management and employee benefits in addition to pay.

Catch people doing good and reward them for it

12/22/2022
Read any leadership book or attend any leadership seminar and you will often hear that employer recognition does not happen often enough. It’s a fact that best-selling leadership author Paul Falcone wholeheartedly agrees with. And recognizing employees’ efforts publicly—and often—is key.

Snapshot: It’s not too late for holiday gifts

12/20/2022
Many companies try to recognize employees with something extra this time of year. What “extras”? Cash tops the list.

Despite higher salaries, pay raise requests will rise

10/14/2022
While many savvy employers now offer higher salaries to attract and retain talent, they should still expect pay raise requests ahead of 2023, according to a Robert Half survey of 1,000 U.S. workers and 1,500 hiring managers conducted between June and July.

2023 might be a banner year for pay raises

09/29/2022
As Americans try to cope with the highest inflation rate in 40 years, employers plan to offer their workers an annual raise of 4%, according to a recent survey by Salary.com.

Great Resignation equals great time to create a compensation strategy

09/29/2022
Low pay is the top reason employees are leaving companies in record numbers, according to a 2021 Pew Research Center survey. But close behind is the lack of opportunities for advancement. What if you could implement a compensation strategy to address both issues? It’s a win-win.

Small employer alternatives to substantial wage increases

09/28/2022
When employees consider new job offers, they typically compare the total compensation packages. Make the comparison easy by providing a clear summary of total compensation, including all benefits. If the bottom-line number needs to be higher, think creatively about new or enhanced benefits.

Offer inflation bonuses to retain employees

08/30/2022
Like covid-19 bonuses that employers paid to retain front-line workers during the height of the pandemic, making one-time bonus payments to offset higher costs of living can help keep workers from leaving for other jobs.

Snapshot: Which workers will get better benefits in 2023?

08/23/2022
Employers say recruiting and retention challenges will prompt them to enhance benefits for line workers next year.

Survey: HR pros concerned about effects of inflation

07/14/2022
Inflation and its effect on employees and their organizations’ compensation strategies is a significant concern for 73% of HR professionals polled earlier this month by the Society for Human Resource Management.