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

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.

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

Employee Engagement in HR: What It Involves?

Vantage Circle

Leaders might see a problem such as high employee turnover and immediately think of increasing pay or bonuses. Some good reward options are reward points, gift cards , paid vacations, etc. Similarly, the road to establishing employee commitment starts with identifying the company culture's major problem areas.

IT 116
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

How to Surprise Employees on Christmas & New Year?

Empuls

Unexpected new year bonus A large number of employers provide year-end bonuses to their employees. Companies should start rewards programs to achieve targets and give incentives to their employees as per their performance. This festive season is a perfect time for employers to cheer up their employees and reward them.

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.