Employees may be replaceable…but at what cost?
Retaining high-quality staff can be expensive, but so can high staff turnover. Businesses are built on making profits; thus, when an employee becomes more costly than the value they add, it makes sense for the two parties to part ways. The challenge is that it is not always easy to measure the true value someone […]
Automating employee reward plan operations
Incentive plan management tools can do the heavy lifting for incentive plan operations while your team saves time and focuses on important tasks.
Back to Basics – Employee Incentive Plans
An employee incentive plan is a compensation structure that rewards and encourages staff to work harder and achieve specific goals. Through incentive plans, businesses can increase retention rates, reward valuable
Navigating Incentive Plan Pay-outs Amidst Layoffs
As the world economy continues to struggle, some of tech’s most influential names, like Google, Microsoft and Amazon, have opted for drastic measures – laying off employees in an effort to cushion their financial losses. Layoffs represent an unfortunate reality of the business world, with many companies forced to downsize and make drastic decisions concerning […]
Equity & Employee Engagement: Why Your Employees Need Their Own Portal
Ultimately employees who feel valued are more motivated. So, it’s no surprise that the power of employee ownership is key to attracting and retaining the right staff and driving engagement! Giving your staff the opportunity to participate in your company through employee share incentive plans is a great way to show them they’re appreciated and […]
Technology’s Role In Making Working Lives More Productive And Fulfilling
“Technology brings opportunities for efficiencies and cost management, but it also brings the opportunity to make working lives more productive and fulfilling”. Carol Stubbings The world has fundamentally changed over the past 18 months due to some of the challenges highlighted by the pandemic. The global lockdown has had an enormous impact on mental well-being […]
