Spencer Speaks Human Resources & Recruiting

Archive for the 'Compensation' Category

TOTAL REWARDS SYSTEMS

Friday, May 25th, 2007

Too often when companies design reward systems for their employees they don’t take into account the three main elements that are important to consider – desired outcome, employee motivation and company budget.
According to Mercer Human Resources Consulting “there is no one-size-fits-all solution” for a total rewards system because there are differing perspectives depending on if […]

REWARDDING BEHAVIOR: WHAT’S RIGHT, WHAT’S WRONG?

Friday, May 11th, 2007

I just read an article about rewarding employees for good attendance and nearly fell off my chair laughing.
Reward employees for something they should do as a matter of course?
Then I thought back to my previous blog about the students who were rewarded for taking and passing advanced placement classes and wondered about the difference.
But there is a […]

INCENTIVES: WHAT DOES AND DOESN’T WORK?

Wednesday, April 4th, 2007

A recent Today Show story addressed a new program in Texas that pays high school students $100 for each advanced placement class they take and pass. The benefit to the student, aside from the cash incentive, is to receive college credit for those classes.
However, the incentive program is not without controversy.  
Opponents are concerned that it appears […]