DerekIrvineGloboforce - Member Blogs - HR Blogs - HR Space from Personnel Today and Xpert HR

I Got More Money in My Paycheck?

Recognize This: Cash rewards go unnoticed, leaving no impression on employees of your appreciation for their efforts. To my American friends and colleagues: Did you notice the extra money in your paycheck? According to an article in last week’s Boston...

Published 3 Feb 2011 8:32 AM by Employee Engagement, Recognition and Reward Commentary | Globoforce Blog

Filed under: company values and recognition, Comments on Articles and Research, strategic recognition, cash vs non-cash rewards, culture management

Why Cash as a Reward Won’t Change Your Culture

Recognize This: How you reward employees is a key indicator of underlying company culture. We’re often asked why we don’t encourage the use of cash as a reward in strategic employee recognition program. The simple answer is: cash = compensation . Rewards...

Published 31 Jan 2011 1:31 PM by Employee Engagement, Recognition and Reward Commentary | Globoforce Blog

Filed under: culture of appreciation, strategic recognition, motivating employees, reward choice, cash vs non-cash rewards, culture management

Bonus ≠ Compensation. Stop Confusing the Two

Recognize This: Compensation and bonus are two different things, like oil and water. Stop trying to mix them together. UK press reported last month that the banks find themselves between a rock and a hard place. On one side, the country is operating under...

Published 26 Dec 2010 8:32 AM by Employee Engagement, Recognition and Reward Commentary | Globoforce Blog

Filed under: Comments on Articles and Research, reward choice, cash vs non-cash rewards

“Paying Bonuses” * When Will We Ever Learn?

It’s nearly that time of year so many in compensation and benefits have come to dread – end of year bonuses and the resulting litany of: “How come she got the same bonus I did? Clearly I worked harder.” Or “This isn’t as much bonus as last year and I...

Published 15 Nov 2010 8:08 AM by Employee Engagement, Recognition and Reward Commentary | Globoforce Blog

Filed under: recognition for all, Comments on Articles and Research, strategic recognition, cash vs non-cash rewards

Oxymoron Challenge * “Bonus Guarantee”

Oxymorons are fun. There are the obvious ones – jumbo shrimp, airplane food, military intelligence. And then there are the ones you stumble across. Like “bonus guarantee.” After the fallout from the recession and the reaction to ridiculous bonuses , not...

Published 17 Sep 2010 10:18 AM by globoforce

Filed under: Comments on Articles and Research, strategic recognition, cash vs non-cash rewards

Strategic Recognition * The Fastest Path to Talent Management Metrics that Matter

What do you think? Are we in for a double-dip recession? Seems to me that the economic pundits are waffling hard on this topic. In a Bnet article, Margaret Heffernan seems to think so, but she offers great advice for what to do in a double-dip – grow...

Published 25 Aug 2010 4:40 PM by globoforce

Filed under: Comments on Articles and Research, strategic recognition, cash vs non-cash rewards, operational excellence, measuring recognition and engagement

Irrationality * It’s What Makes Us Human

Irrational. Some days, does it seem like that’s the best word to describe the workplace? I tend to like Dan Ariely’s research on irrationality. Initial research showed, “In eight of the nine tasks, the promise of a bigger bonus actually significantly...

Published 20 Aug 2010 8:07 AM by globoforce

Filed under: Comments on Articles and Research, strategic recognition, reward choice, cash vs non-cash rewards

Cash v Non-Cash Rewards * Why Does This Debate Keep Dragging On?!

“Just show me the money.” vs. “Nobody notices or appreciates the work I do. Why should I bother?” Just another way of saying cash vs. non-cash rewards. Let me make this really simple. Cash does not motivate, it does not recognize, it does not appreciate...

Published 30 Jul 2010 9:16 AM by globoforce

Filed under: Comments on Articles and Research, strategic recognition, cash vs non-cash rewards

What Goes Around * Stop Incenting Bad Behavior

As a blogger, you meet many interesting people and make several acquaintances through the blogosphere that you might not otherwise. One such relationship for me is with Doug Shaw, founder of What Goes Around Limited . Note the link when you visit his...

Published 28 Jul 2010 9:14 AM by globoforce

Filed under: Comments on Articles and Research, strategic recognition, cash vs non-cash rewards, culture management

Is There Any Hope for Pay for Performance?

Pay for performance seems to be much in the news and HR trade publications lately. The general take-away from all of the articles is that pay for performance doesn’t work (or at least doesn’t work as well as anticipated or desired) but everyone does it...

Published 9 Jul 2010 8:48 AM by globoforce

Filed under: employee engagement, Comments on Articles and Research, motivating employees, cash vs non-cash rewards, operational excellence

We're Blogging Everywhere * Read Us in HBR & Compensation Cafe

Last week was a great week for Globoforce in the HR Blogosphere. Eric Mosley, Globoforce's CEO, blogged for Harvard Business Review on why bonuses don't work. In "You're Getting a Bonus! So Why Aren't You Motivated?" , Eric explains...

Published 29 Jun 2010 7:00 PM by globoforce

Filed under: recognition for all, strategic recognition, Globoforce News, cash vs non-cash rewards

Indicate Respect with Money * Indicate Value with Recognition

There seems to have been a flux in excellent books on the power of recognition to motivate and engage hitting the market in recent months. Two I recommend are Leading Outside the Lines: How to Mobilize the Informal Organization, Energize Your Team, and...

Published 26 May 2010 8:46 AM by globoforce

Filed under: recognition for all, importance of executive buy-in, Comments on Articles and Research, strategic recognition, cash vs non-cash rewards

Trends in Recognition Program Rewards

A recent issue of Incentive magazine offered interesting insight into trends in “incentive” programs and 2010 expectations in a reader forecast survey . Results of the survey found that readers expect more budgets to be cut that increased in 2010, “but...

Published 23 Apr 2010 3:10 PM by globoforce

Filed under: Comments on Articles and Research, motivating employees, reward choice, cash vs non-cash rewards

The Perils of Bad Research

I was appalled to see the structure of research that was recently released concluding that CFOs believe bonuses were the most effective way to acknowledge a job well done. The research was poorly constructed with pre-directed selections (bonus, time off...

Published 21 Apr 2010 8:08 AM by globoforce

Filed under: Comments on Articles and Research, strategic recognition, reward choice, cash vs non-cash rewards

Excellent Recognition Guidance from the Corporate Executive Board

The Corporate Executive Board (CEB) recently ran an excellent three-part series on recognition and reward best practices. Highlights are below, but be sure to click through and read the full series. From Beyond the Bonus: Four Ways to Recognize and Reward...

Published 19 Apr 2010 8:03 AM by globoforce

Filed under: recognition for all, company values and recognition, Comments on Articles and Research, strategic recognition, cash vs non-cash rewards, measuring recognition and engagement

Browse by Tags

Syndication

Recent Posts

Tags

Archives