Types of Employee Benefits

(adsbygoogle = window.adsbygoogle || []).push({}); Following are samples of the employee benefits that are offered across many organizations. Use this list of employee benefits in thinking creatively about your current employee benefits ...

6 Different Types Of Reward

(adsbygoogle = window.adsbygoogle || []).push({}); While most employees would never turn down a cash bonus, not all of them find money the most fulfilling reward. Some employees, for example, place the highest value on having their work ...

Rewarding Employees On A Tight Budget

Everyone likes to get a pat on the back for a job well done—especially if that ‘pat’ includes some type of bonus or other financial compensation or recognition before colleagues. Businesses often face the dilemma of wanting to recognise employees’ ...

Ideas for Employee Recognition

Remember that employee recognition is situational. Each individual has a preference for what he finds rewarding and how that recognition is most effective for him. One person may enjoy public recognition at a staff meeting; another prefers a private ...

Performance bonus

Performance bonuses are intended to be motivational tools that encourage employees to keep goals in mind and take action in their everyday work to help the company achieve those goals. Compensation for work performed above and beyond normal or expected ...

Attendance bonus

Attendance bonus a payment made to employees by their employer as part of their wage to reward satisfactory attendance at work. Although many would argue that such payments should not be necessary because satisfactory attendance is usually a condition ...

Reward and recognition

Companies use rewards and recognition to motivate employees and demonstrate that they are appreciated. Often, rewards and recognition take the form of extra compensation for employees who carry out the activities in their role description and meet ...

Qualities of Effective Reward System in HRM

Rewards motivate employees and make positive towards the organization. But, if it not effective, it may affect adversely to the employees and organization. Ineffective reward system reduces the performance of employees and the hampers in the productivity ...

What is Reward System in HRM?

The achievement and benefit received by employees for their job performance in an organization are known as reward. Employees join the organization within certain expectation of reward. Some may be expecting for better salary and wages i.e., economic ...

Common Reasons for Interviews Failing

Finally in this section, it is useful to consider the common causes of failed interviews: >>Lack of preparation If either party is unprepared then the interview is unlikely to be successful. If the interviewer is unprepared, then he or she cannot ...
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