Productivity bonuses have their roots in the days when manufacturers rewarded hourly workers for speeding up their work pace. For instance, a worker who finished rolling 100 packages of shrink-wrap would earn a productivity bonus because an increase in personal efficacy meant a greater rate of output - and more profit - for the company.No longer confined to hourly workers, productivity bonuses are now being used throughout the payscale as rewards for performance and efficiency.In a survey of 783 employees across diverse companies, 20 percent of executives said they are seeing productivity rewa... view article details
When it comes to colorful language at work, on one end of the spectrum there's the timid colleague who gives up the occasional 'Darn!' and, on the other, there's the over-the-top constant curser who's probably got a trip to HR in his future.But sometimes, things are not be so black and white. That's why knowing the difference between the good, the bad and the ugly can save your ears -- and possibly your job. Here's how...Team Work: The Good Teams that can freely express themselves may build stronger ties. For example, when emotions run high, overlooking a 'freakin'' here and a 'What t... view article details
Educate Employees as to How Performance Reviews Affect Their Pay It's Performance Review Season. Is Your Process Working? Insight from Employees on Performance Reviews and Seven Tips for Everyone to Get More from the Process EMPLOYER MYTH #1: Your employees "Get It." FACT: Many employees don't understand how the performance review impacts their compensation. Generally speaking, the majority of employees don't have a clear understanding of how their employer links pay to performance. For managers who have been trained in the organization's performance management program and merit budg... view article details
Employers know that their employees need a break once in a while. That's why companies offer paid time off (PTO) in the form of vacation days, holidays, personal leave, and sick leave. Some employers' plans offer a specific amount of days for each form of PTO, while others, particularly in the healthcare and financial industries, provide one set amount of paid days off that can be used for various reasons at the employee's discretion. The definition of paid time off is any time not worked by an employee for which the regular rate, a fixed or a prorated amount of pay, is accrued and paid to th... view article details
Failure to Adapt to the New Working World Will Leave You in the Unemployment Line by 2020 Times Are Changing While the year 2020 may feel futuristic, in reality it's just around the corner. Will your career be prepared to fly into orbit, or will it stall on the ground? We’re predicting 10 global trends we believe will shape the future workforce. In addition, we'll share tips and hints that help you plan for and respond to these trends. Read on to make sure you'll be considered relevant and not a relic. 10. Global Talent Seeking As countries continue to invest in emerging economies -- spec... view article details
Real-life Leaders, Their Shortcomings, and How They Overcame Them "A business owner has to realize that, as the saying goes, 'A skunk stinks from the head down,' and a business does too," writes Bill McBean in his book The Facts of Business Life. That’s why, McBean posits, behind every great leader is a successful business. But just because you’re sitting in the leader’s chair doesn’t mean you excel at managing and motivating a team. Plenty of highly-placed executives lack essential people skills, or worse, rule with a bully’s iron fist -- it’s their way or the highway, a la TV bosses Donald T... view article details
Determine If Your Career Goals Align With the Job Before Accepting Dig Deeper Sarah was offered a new sales job with a reputable company. She’s been searching for six months for a new position, and quickly snatches up the opportunity after reviewing the basic salary and benefits information. But within a few months of accepting the position, she realizes the job isn’t a good fit for her. She doesn’t work well under the management style, doesn’t feel like her work is recognized, and wants a position where she is motivated and encouraged to bring innovative ideas to the team. Don’t let the e... view article details
Real-Life Examples of Negotiation Done Right & Wrong What Works & What Doesn't? Ever wonder what works and what doesn't regarding salary negotiation and asking for a raise? We asked you, our readers, about your last negotiating experience and it was easy to see what worked, what didn't, and why. Here are some real-life examples of salary negotiations along with our advice about what they did right, wrong, and how they could've handled things better. Go Big or Go Home Date of last raise: 2012 Prior salary research: Yes Raise request: 35% Raise received: 22% User comments: "The main idea is... view article details
The Top 9 Hottest Jobs during the Pandemic Affected by the outbreak of COVID-19, businesses of all shapes and sizes are finding it difficult to operate smoothly. Many employees find themselves out of work due to social distancing and others have transitioned to a work-from-home model and are relying on technology and the internet to collaborate with colleagues and get things done. Not surprising, internet-related hot jobs are in suddenly in great demand during coronavirus outbreak. If you are looking for a new job and have the skills and knowledge needed, the time is right f... view article details
In our unstable economic times, there are few employees who feel absolutely sure their job will still be here tomorrow. But it's not productive to be distracted by needless worry every day. So how do we know when to relax and when to worry (and start polishing up that resume?) Pay attention to true warning signals, but don't get too caught up in office gossip. It can lead to low morale. Just keep your eyes open for these signs that your job may be on its way to the downsize dump.1. There are rumors of layoffs Here's an obvious one. Generally, when the... view article details