Employer Branding News
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How to attract, satisfy and retain talent
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Recognition Increases Retention & Performance, Derek Irvine

Recognition Increases Retention & Performance, Derek Irvine | Employer Branding News | Scoop.it

Without a truly strategic recognition program, you’re likely not doing all you can to retain employees, help them achieve and sustain maximum productivity, and engage them in your culture.

 

Surveying office administrative personnel, the survey revealed:

- 66% would leave their current position if not shown appreciation by their manager
-67% say receiving recognition greatly or somewhat improves their performance
-93% of employees saying receiving formal recognition helps motivate them to sustain high performance.

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Why an Employee Value Proposition Matters, Towers Watson

Financially high-performing companies are more likely to have an EVP than lower-performing ones. Find out how to create the right EVP for your organization and workforce, and how to communicate it broadly for maximum effectiveness and impact to best position your organization as we emerge from the economic crisis.

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3 Reasons Why Bonuses Are Simply “Too Much”, Derek Irvine

3 Reasons Why Bonuses Are Simply “Too Much”, Derek Irvine | Employer Branding News | Scoop.it

In the last few weeks, I’ve read several articles on why the bonus culture has failed. Most of the articles centered on the two areas where I believe this failure is most prominent – banking and financial institutions and the corner office.

 

1) Too much weight given to bonus vs. base pay

2) Too much of a gap between the total compensation for those at the top vs. those in the trenches

3) Too much complexity that only encourages negative repercussions

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