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Reward (Recognition) and Incentive Programs

Dear Workforce How Can We Use Cash With Other Incentives to Drive Retention

June 28, 2010
Our IT product development company mostly serves large financial institutions. Although we have best practices in place for performance management and training, we continue to lose top-notch employees to some of these same companies that also are our clients. I’d like to know what combination of cash-based and noncash retention tools we could set up to help reverse the trend.
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Dear Workforce Why Should We Give Cash Incentives to In-House Recruiters

May 29, 2010
What incentive plan elements do you recommend for an in-house recruiter? We are in the health care industry and want to provide incentives for the recruitment of clinical professionals, such as physicians and dentists. We are considering an incentive plan for our in-house recruiters to help achieve this goal. Is this a good idea, and, if so, what incentives should we consider offering?
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Dear Workforce How Do We Persuade Management to Vary Our Recognition Program

May 4, 2010
I manage recognition across an employee population that spans multiple generations—some employees have more tenure with our company than other workers have been living. How do I convince top management that one size does not fit all when budgeting recognition dollars for programs, especially since these different employee groups sometimes have vastly different needs and expectations? What data are there to help me make a persuasive business case?
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