August is generally when we start seeing data on pay budget increases for the following year. A number of consulting organizations conduct surveys and report what organizations plan to do the following year as far and what their pay increase budgets will be, and also what changes they may make to their pay grade midpoints […]
Read MoreIn our last post, we recognized that October often marks the beginning of salary budget planning for the next year and shared merit increase expectations for 2018. We also mentioned that many organizations are moving away from the traditional performance appraisal process to better reward employee performance. One way to change your performance review system […]
Read MoreAs the month of October begins, many organizations are getting deeper into their budgeting and planning process for 2018. One area they are focusing on is merit increase and salary budget planning. Keep this in mind as you make your compensation plans for next year: Most survey data show an average salary budget increase of […]
Read MoreWith it being the holiday season and end of the year, throwing a holiday party for your employees is a great way to show appreciation for how hard everyone has worked and that you really care about your employees. Here are a few suggested tips from Inc.com on how to throw a great holiday party […]
Read MoreWith it being the holiday season and end of the year, throwing a holiday party for your employees is a great way to show appreciation for how hard everyone has worked and that you really care about your employees. Here are a few suggested tips from Inc.com on how to throw a great holiday party […]
Read MoreUnderstanding what motivates your employees will give you added insight as to how to interact with your team when creating action plans. Ongoing recognition creates a positive working environment and increases productivity. Basic gestures that may be used as employee motivation techniques could include: Thank you notes Public recognition Positive reinforcement Movie tickets, taking them to […]
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