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Types of Bonuses There are several types of bonuses. Some plans simply give employees a certain share of the company profits, or perhaps a bonus to the entire company. Other programs give incentives to individuals or teams to perform at or above certain thresholds. And a variety of cash and noncash awards are possible for certain types of achievements in some companies. You can even earn bonuses for being hired or getting your friend a job at your company. The following article details 10 types of bonuses that are typically seen in the workplace. What is Profit Sharing? One very basic type of ... view article details

Sustainable energy and green technologies have been placed at the forefront of America Recovery and Reinvestment Act, and the business world has taken notice.  To better facilitate modern professionals' connection with these emerging eco-friendly industries, MBA programs around the world have begun adopting curricula with a sharper focus on going green. The Aspen Institute Center for Business Education is reporting that the number of colleges requiring MBA students to take courses in ecological business and society issues has more than doubled in the past eight years, from 34 percent in 2001 ... view article details

Historically, there tends to be increased interest in returning to school during an economic downturn. Many laid off workers may choose to complete a degree program, pursue a new course of study, or perhaps attain an advanced degree. Current students may choose to remain in school to further their studies while they wait out the current economic storm. Choosing to return to school, regardless of the reason, is a big decision for adult learners and a practical way for some to help survive a recession. Continuing personal development is always a smart choice regardless of the economic environmen... view article details

Never mind the federal omnibus spending bill—tough economic times call for personal stimulus plans. The recent downturn has caused many to seek online business degrees in order to achieve their education goals, fulfill new career objectives and increase earning potential. Nothing raises that earnings potential bar more than an MBA degree (even when earned through a part-time program). According to Salary.com’s Salary Wizard, the median salary for a portfolio manager is $107,614, while a marketing director’s is $140,768. While the cost of an MBA can range from $80,000 to $130,000 for a two-year... view article details

The foundation laid now often sets the tone for what the future will hold. This philosophy possesses very significant meaning in education. Selecting a place of higher learning definitely helps chart the course for future career opportunities and success. It may not be that any of the schools are necessarily wrong—it’s really about uncovering that one school that is right for you. A few things to consider: Ask the online-accredited colleges to send brochures and information packets about their programs. Seeing the quality and depth of information sent will help determine the type of education... view article details

Ever feel like the company's talent is slipping through the cracks? Many businesses struggle to retain top performers and develop future leaders. That is where a solid employee mentorship program comes in. It is like a secret weapon for boosting engagement, skills, and loyalty. However, starting one from scratch can be daunting. Where should companies even begin? This article will walk through the process of creating a mentorship program that actually works. There’s no need for fancy consulting fees — just practical tips to pair up your rock stars with rising talent and watch the magic hap... view blog & white papers details

Creating a truly amazing work environment takes effort. But the payoff is guaranteed to be huge. Engaged employees are more likely to stick around, be productive, and bring their best selves to work every day. While every company has its own unique culture, certain key elements consistently appear in successful employee experience programs. This article investigates the essential components for creating an exceptional employee experience. This benefits the employees and boosts the success of the business. Understanding ... view blog & white papers details

Benefit programs that promote employee wellness are all the rage these days. Companies are catching on to the fact that healthy, happy employees are more productive and engaged at work. Some forward-thinking companies are going beyond offering things like gym memberships, yoga classes, and smoking cessation programs. The idea is that if employers invest in the overall wellbeing of their people, it pays off positively. Employees have better performance, higher retention rates, and reduced healthcare costs in the long run. But how do you design and employ a wellness program that significantly im... view blog & white papers details

Employee recognition programs have the potential to impact both employee satisfaction and company success. Many companies focus their efforts on pay and benefits to keep employees happy. Recognition and rewards can also be meaningful and motivating. These recognition schemes help employees feel valued, foster loyalty, and boost productivity. This results in a workforce that feels fully invested in company goals and growth. Employee recognition programs are vital aspects of a company’s human resource strategy. Recognition schemes are strategic needs for any company looking to gain a competitive... view blog & white papers details

Pay programs can make or break a company. Getting pay right is a key driver of success in today's talent landscape. Achieving pay program effectiveness is challenging, but the rewards are huge. With the right approach, any company can transform its pay structures into  drivers of performance. What Is Pay Program Effectiveness? Pay program effectiveness refers to how well a company's pay and benefits meet its needs and its employees. For companies, an effective pay structure: Attracts and retains top talent. Supports business objectives. Fosters an engaged workforce. Controls costs. For employe... view blog & white papers details