Search results
Results from the WOW.Com Content Network
Employee retention – retention is not a primary objective of bonus plans, yet bonuses are thought to bring value with employee retention as well, for three reasons: a) a well designed bonus plan is paying more money to better performers; a competitor offering a competing job-offer to these top performers is likely to face a higher hurdle ...
For premium support please call: 800-290-4726 more ways to reach us
On Wednesday, Hazelton staff were told about the approval of their request for a 25 % group retention ... Apr. 11—Employees at the Federal Correctional Complex (FCC) Hazelton in Bruceton Mills ...
House File 2653 allows the Perry Community School District to use up to $700,000 from its existing district management levy funds to pay retention bonuses to school employees for the upcoming ...
A thirteenth salary, or end-of-year bonus, is an extra payment sometimes given to employees at the end of December.Although the amount of the payment depends on several factors, it usually matches an employee's monthly salary and can be paid in one or more installments (depending on the country).
The purpose of employee benefits is to increase the economic security of staff members, and in doing so, improve worker retention across the organization. [2] As such, it is one component of reward management. Colloquially, "perks" are those benefits of a more discretionary nature.
The military branch has announced retention bonuses of up to $600,000 to keep pilots in the service. It’s also giving them more flexibility over where they are based and which assignments they get.
An alternative motivation theory to Maslow's hierarchy of needs is the motivator-hygiene (Herzberg's) theory. While Maslow's hierarchy implies the addition or removal of the same need stimuli will enhance or detract from the employee's satisfaction, Herzberg's findings indicate that factors garnering job satisfaction are separate from factors leading to poor job satisfaction and employee turnover.