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Good morning! As companies look for different ways to improve office morale and worker retention amid a widespread engagement crisis, they’ve turned to employee resource groups, or ERGs.. These ...
The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. [13] Since then, the idea of the social impact bond has been promoted and developed by a number of agencies and individuals in an attempt to address the paradox that investing in prevention of social and health problems saves the public sector money, but ...
The Scanlon plan is a gainsharing program which combines leadership, total workforce education, and widespread employee participation with a reward system linked to organization performance. It has been used by a variety of public and private companies with varying amounts of success.
Variable pay is a flexible and performance-based part of total compensation that can greatly influence employee motivation and contribute to the success of the organization. It is a compensation system where part of an employee's earnings is tied to their individual performance, team success, or the organization’s overall outcomes, unlike ...
Good morning! Frontline workers are often an afterthought in diversity efforts, putting them at a greater disadvantage than their corporate counterparts, according to a recent report from Catalyst ...
There are so many everyday items, like brooms or crayons, that seem perfectly fine just the way they are. You’d never think they need an upgrade, right? But every ...