article thumbnail

Metrics beat bonuses: How to motivate with measurement

Achievers

As working professionals, we look forward to our paychecks because of our need to pay bills, put food on the table, and have a place to live. Paychecks arrive on schedule and are expected, similar to year-end cash bonuses. Do you agree that recognizing and rewarding progress is a better indicator than the cash bonus?

Bonuses 92
article thumbnail

5 Insanely Great Company Perks That Will Draw Top Talent

Achievers

Endless food. Whether it’s the catered meals and stocked kitchens of SquareSpace, the fun lunches of Warby Parker, or the personalized birthday boxes offered by Stack Exchange, today’s work culture is all about great food. Serve up those referral bonuses promptly and be willing to reward outside your own organization.

Food 182
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Financial Aspects of “Unretirement”

Money Talk

a high demand for workers (sometimes coupled with increased pay, signing bonuses, and/or remote-work flexibility) 2. food, gas, utilities, housing, etc.) One study found 1 in 5 retirees were likely to start working again soon. Factors contributing to this trend include: 1. high inflation that increased living expenses 4.

article thumbnail

14 incredible ideas for work anniversary recognition

Achievers

Delicious food. Whether it’s takeout from your employee’s favorite restaurant or a smorgasbord of desserts that everyone contributed for the big day, food always ties a celebration together. Discussing future career growth opportunities is also a great way to show commitment to helping the team member grow together with your company.

PTO 271
article thumbnail

Chief execs got average bonus of £172,897 in 2021

Employee Benefits

In the chemicals; utilities; food and drink; and transport industries, the proportion of employees with bonuses increased significantly, although the value remained largely unchanged. Employees in Scotland and Wales had significantly lower average bonuses of approximately £1,500.

Bonuses 59
article thumbnail

B&M awards bonus to 24,000 staff

Employee Benefits

The group has 693 stores across the UK under the B&M brand, as well as 310 Heron Foods and B&M Express outlets. More than 24,000 members of staff employed by discount retailer B&M will receive a sum equivalent to an extra week’s wage for their “considerable efforts” during the festive period.

Bonuses 59
article thumbnail

How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Andy Whiteaker, head of employment at law firm Boyes Turner, says: “We have seen some organisations offering early pay rises or cost-of-living bonuses. It was restricted to support with food, energy and living essentials.”