article thumbnail

Golden handcuffs: Should employers use them on top talent?

Business Management Daily

In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages. Of course, financial incentives are always appealing, so provide bonuses and other monetary perks if you have the capability.

article thumbnail

Why you need to celebrate employee milestones

Achievers

All-expenses-paid vacation. These are a few popular reward and recognition ideas that go beyond everyday praise: Free lunch. Gift card or financial bonus. Free” time off. New electronics like an upgraded smartphone, tablet, or laptop. Special award or bonus points. A public, company-wide ecard. Recognizing your employees will pay off.

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

Compensation Plan Template Samples For Workers

HR Digest

A compensation plan template is used by the organizations to reveal the salaries, perks, benefits, bonuses and other associated settlement that will be offered to the employee. Vacation/Holiday/Leave compensation: The workers will be offered 2 days' holidays every month as part of casual leave which is paid.

article thumbnail

Why you need to celebrate employee milestones

Achievers

All-expenses-paid vacation. These are a few popular reward and recognition ideas that go beyond everyday praise: Free lunch. Gift card or financial bonus. Free” time off. New electronics like an upgraded smartphone, tablet, or laptop. Special award or bonus points. A public, company-wide ecard. Recognizing your employees will pay off.

article thumbnail

How to Keep Staff Happy (and Reduce Turnover) 

Hppy

Retirement planning, paid vacations, performance bonuses, learning stipends, and commuter assistance should also be considered if you have the cash flow. However, it isn’t all about insurance. You should also provide other perks, like gym or yoga memberships.

article thumbnail

Employee Offer Letter Sample Templates

HR Digest

The employee offer letter consists of the vital components such as job title, job description, salary or compensation or bonus or commission, reporting structure and authorities, starting date, work schedule, termination conditions, privacy policy, paid time off and employee benefits associated with the job position.

article thumbnail

Examples of fringe benefits by category

Business Management Daily

Maybe in addition to a couple weeks of paid vacation, your company offers no-questions-asked sick leave for employees who feel under the weather. Financial benefits can include: Cash bonuses : Your boss hands you some cash and says, “Hey, we value you.” In almost all cases, bonuses lead to more productivity.