Designing and implementing incentive plans in your organization. Step 1: Establish your budget Step 2: Define clear objectives Step 3: Understand employee preferences for engagement Step 4: Choose the right incentive types Step 5: Document the plan Step 6: Communicate effectively Employee incentive plans are essential for motivating employees to go beyond their regular duties. While consistent pay, a comfortable workspace, and team-building activities help maintain daily motivation, businesses often look for ways to inspire excellence and reward employees through performance-based incentives. ... view blog & white papers details

Managing holiday premium pay for U.S. Employers Step 1. Define holiday premium pay policy Step 2. Communicate the policy Step 3. Scheduling and planning Step 4. Payroll processing Step 5. Compliance and record-keeping Step 6. Consider state and local laws Managing holiday premium pay effectively is crucial for U.S. employers to ensure compliance with labor laws, maintain employee satisfaction, and manage payroll expenses efficiently. This guide will help U.S. employers understand the key aspects of premium pay and implement effective strategies. What is a holiday premium pay? Premium pay refer... view blog & white papers details

Learn more about a sales incentive program—gain insights from examples and discover how to create one for your organization. A sales incentive program is a powerful tool that drives success by motivating and aligning sales teams with company goals. It goes beyond traditional compensation, incorporating rewards, recognition, and performance-based incentives. In this article, we'll break down the definition of a sales incentive program, share some benefits and examples, and provide you with an easy how-to guide on creating one for your organization. What is a sales incentive program or plan? A s... view blog & white papers details

What's the difference between bonus vs incentive? Read on to discover the distinction, along with examples and FAQs. To most employees, it may seem there are no key differences when comparing bonuses vs. incentives. In fact, they do share a common objective: to motivate and reward employees. Although these practices have things in common, nuances lead to there being a difference between bonuses and incentives. Understanding the differences and similarities in the discussion of bonuses vs. incentives helps businesses and organizations develop effective compensation strategies for encouraging h... view blog & white papers details

HR Data Labs took the studio mobile and went live at HR Tech 2021 at Mandalay Bay in Las Vegas, NV, talking to thought leaders in People Analytics and HR Technology. Join us as we go on this enlightening journey gathering cutting-edge insights from our guests! Jason Averbook is an analyst, a thought leader, and a consultant in the field of human resources. He helps executives rethink the design and delivery of employee services to better meet the expectations of their workforce and the needs of their business. He has more than 25 years of experience in the HR and technology industries and has... view blog & white papers details

HR Data Labs took the studio mobile and went live at HR Tech 2021 at Mandalay Bay in Las Vegas, NV, talking to thought leaders in People Analytics and HR Technology. Join us as we go on this enlightening journey gathering cutting-edge insights from our guests! Mark Hanson is a Product Owner for Emsi Burning Glass Talent Analytics team, and he leads the development of skills products, guides initiatives and partnerships related to Emsi Burning Glass Open Skills, and both conducts and presents skills research. He was previously the Director of Talent Analytics at UnitedHealth Group, where he l... view blog & white papers details

As the Chief Research Officer, Managing Partner of Sapient Insights Group, Stacey Harris oversees industry research work including the Annual HR Systems Survey and White Paper. She has been a leading member of the HR practices and technology research community since 2007 and has produced groundbreaking research on high-impact HR organizations, enterprise HR technology, and key practices across the talent management spectrum. Stacey has had executive-level roles with Sierra-Cedar, Bersin & Associates, and Brandon Hall Group, and she has worked as an industry advisor and HR leader for Fortune 1... view blog & white papers details

Ian Cook is the VP of Research and Strategy at Visier Inc. Using his expertise in people analytics, he helps executives link the human side of their business to its sales and operations. Over the last two years, his insights have been features in the Harvard Business Review, the Economist, Business Insider, and CNBC, just to name a few. In this episode, Ian talks about how the labor market and people analytics changed in 2022 and what he predicts will happen in 2023. March 9, 2023 Time Stamps Contact Info Resources Quick Quotes Full Transcript Introduction Welcome, Ian! Today's ... view blog & white papers details

Kathi Enderes is the Senior Vice President of Research and Global Industry Analyst at The Josh Bersin Company. She brings insight from some of their recent research concerning the labor shortage and what can possibly be done to help close the gap. In this episode, Kathi talks about the current state of HR and what she expects to change in the next two years especially in regard to AI and how it can enable skills-based workforce planning. November 28, 2023 Time Stamps Contact Info Resources Quick Quotes Full Transcript Introduction Welcome, Kathi! Today's Topic: How AI Enables Sk... view blog & white papers details

This past June, Garry Straker, Senior Compensation Consultant and Salary.com, and our very own David Turetsky led a presentation focusing on pay transparency at the SHRM23 conference in Las Vegas. With pay transparency already a reality for some states and an inevitability for others, many HR professionals see benefits of it and also have concerns about some of its possible consequences. In this recorded session, Garry and David dive into it all: pay transparency "pros", "cons", how to prepare for it, and how to make the most of it. In this episode, Garry and David talk about the impacts that... view blog & white papers details