Vantage Circle

AUGUST 16, 2021

Many companies are also willing to pay retention bonuses to keep employees on board. A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time. But the most important thing is for you to find a program that works best for your business. Profit-sharing.

Employee Incentives 52

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Vantage Circle

NOVEMBER 23, 2023

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. Join us as we uncover the 12 most sought-after perks that employees look for in the US. And what are HR’s going to gain from it?

Family and Medical Leave Act 65

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Empuls

AUGUST 10, 2022

Additional benefits such as retention bonuses are extra incentives to keep them happy and performing well. In addition, the effect of the valued employees’ resignation can also ripple across the organization triggering an exodus of people with similar tenure and value. They are an indispensable support system for new employees.

Paid Vacation 52

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Vantage Circle

MAY 15, 2024

According to a Bersin & Associates study , organizations with effective recognition programs promoting employee engagement had 31% reduced voluntary turnover. Getting employee recognition right is tough - there's no two ways about it. The investment is 100% worth it. What's driving this shift?

Employee Recognition 52

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Vantage Circle

JUNE 28, 2019

Performance appraisal is imperative to a company seeking increased organizational growth. That’s why it’s of utmost importance that we understand the objectives of performance appraisal and what it entails. Performance appraisal is the systematic evaluation of employees on the basis of the quality and quantity of their job performance.

Non-financial Compensation 45

Non-financial Compensation Financial Compensation Construction Bonuses 45

Empuls

JANUARY 9, 2025

An employee bonus program is a structured plan that provides additional financial compensation to employees beyond their regular salary. These bonuses are typically awarded based on performance metrics, achievement of specific goals, or milestones. Spot bonuses : Immediate rewards for exceptional performance or accomplishments.

Bonuses 40

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Vantage Circle

OCTOBER 18, 2024

Whether offering bonuses for attaining performance targets or sales-based commissions, handing out gift cards, or offering extra vacation days and experiences, everything contributes to significantly boosting morale. Engaged employees not only bring enthusiasm and commitment but also enhance customer satisfaction and foster loyalty.

Retail 103

Retail Health and Welfare Employee Retention Financial Compensation 103

Empuls

JULY 5, 2024

A study found that nearly one-third of employees leave their jobs within a month of their promotion, highlighting that financial compensation isn't everything. Unsurprisingly, many organizations face this situation: their carefully crafted bonuses fail to motivate the employees.

Utilities 52

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