Just a quick note to readers to let you know about a couple of upcoming November events.
Lunch at the Compensation Cafe: Understanding International Rewards
International compensation is a challenge that a growing number of HR and reward professionals must face. Simply extending what you do in the US to overseas locations doesn't work. It's much more than a difference in language and currency. Every country is distinct, not only in terms employment laws, tax codes and economic forces, but even in their attitude toward work and pay. And when you step out past Western Europe. . . the differences can be stark.
Join me and the Compensation Café team's global rewards experts - Chuck Csizmar and Laura Schroeder - on Tuesday, November 15, 11:00 to 11:45 Pacific Time,for Episode 5 of our new roundtable series and a caffeinated conversation about this important topic.
For more information and to register, please go to the event page, hosted by Focus.com.
Will Incentives Perform for You?
Cash incentives have been given a bad rap lately – some of it deserved, some of it not. At their best and under the right conditions, incentive plans can be the centerpiece of an employment partnership, a means of helping employees share in the success they help create for the employer. When poorly conceived and placed, however, incentives bring nothing to the table and may have the potential to backfire in unintended and unhappy ways. The trick is knowing where they will perform for you and where the real answer lies elsewhere.
Even when compensation dollars are in short supply, implementing an incentive plan is often the first instinct of a management team wanting to spur performance improvement. But are cash incentives really the right tool for the challenge? How can you know whether an incentive plan is the right choice to drive the change you are seeking?
Join me on Thursday, November 17, 1:00 to 2:00 p.m. Eastern Time for this Halogen-sponsored webinar, where I will share some practical and actionable advice on how to assess the fit and feasibility of incentives - in your organization. Webinar details and registration can be found here.
I think incentive works well with most employees, especially of the younger generation. I guess only Steve Jobs can work with "putting a dent in the universe" as motivation.
Posted by: HR Software Solution | November 03, 2011 at 10:56 PM
Incentive-ridded posts are my favorite because I can relate to these so much seeing how most of my employees are driven by incentives. Makes sense, but still, there's that noble hope to find "diligent" workers who work for the "cause".
Posted by: HRMS Software | November 21, 2011 at 04:56 AM
I guess that to get the mortgage loans from banks you ought to present a good motivation. But, once I have got a small business loan, because I was willing to buy a building.
Posted by: TraceyCLARKE24 | November 30, 2011 at 07:12 PM