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Showing posts from March, 2021

Employee Engagement

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Employee engagement has changed enormously during recent years. Employer has to be able to keep its employees motivated in order to keep them in the company. Nowadays talented employees will constantly search for other career opportunities if they feel like they are not satisfied with the current one. Globalization has enabled people to look various job markets elsewhere and the competition between various field is huge. This also means that companies are becoming more multinational than ever before. Employers have difficult task to attract new workers to join the company because they have to consider possible cultural differences and how to react to these. Other important thing is to arrange appropriate training and working tools so that employees will learn how to use them daily in the organization. With right tools and knowledge how to use them employees get the feeling that they know what they are doing and that raises the engagement for the company (Hay Group, 2014.) The employer ...

Total Rewards

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  This blogpost I am going to evaluate what is the employee rewarding and which parts it consists. First of all, a salary or other monetary compensation is very important motivator for the workers that the get from their work performance. This includes three elements which are base compensation; meaning fixed pay that the worker gets on a regular basis for example salary. The second element is pay incentives which are some kinds of a program that reward employees for the good performance, like bonuses in every six month or so. The last element is benefits that holds health insurance, vacation, lunch benefit etc. This is also important part for the employees and might motivate them to keep longer in the company if the benefits are good. Every company has their own compensation plan, and they have to design it carefully by taking into consideration for example do they highlight more non-monetary or monetary rewards. Some of the employees value more the non-monetary rewards, like heal...