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[Podcast]: Employee Retention Issues

Proskauer's Employee Benefits & Executive Compensa

David Teigman: Hello and welcome to The Proskauer Benefits Brief: Legal Insight on Employee Benefits and Executive Compensation. Nick LaSpina : One common approach right now is awarding retention bonuses. Are they really market compensation at this point in certain industries? David Teigman : That’s a fair point, Nick.

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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

Many organizations aren’t in a position to retain their people, let alone stimulate feelings of financial security and solidarity with bonuses and rewards. Design a multi-pronged strategy to reduce labor costs versus relying on the more traditional approaches such as layoffs, hiring freezes, delaying bonuses, reduced hours and furloughs.

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

Many organizations aren’t in a position to retain their people, let alone stimulate feelings of financial security and solidarity with bonuses and rewards. Design a multi-pronged strategy to reduce labor costs versus relying on the more traditional approaches such as layoffs, hiring freezes, delaying bonuses, reduced hours and furloughs.

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10 People Sustainability Strategies for Your Business

Vantage Circle

Innovation broadly impacts a board's fundamental responsibilities, including long-term planning, corporate strategy, people and culture, executive compensation, investments, and acquisitions. This could include gift cards, bonuses, extra vacation time, or public recognition.