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Incentive and Compensation Management
Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on ...
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Documents related to » employee incentives


Think You’re Losing Money with Employee Incentives? Think Again!
Today’s human resources (HR) managers are faced with more employee compensation challenges than ever before—and the reason is relatively clear: employees are no

employee incentives  goals, typically through an employee performance assessment or evaluation. STEP 5: Reward— Offer various types of rewards (e.g., cash prizes, trips, merchandise, or awards [certificates]) as incentives for good performance in relation to the original goals outlined in the program guidelines. Evaluating the Success of the Program So you’ve created an employee incentive program and implemented it throughout your department or organization. Now what? Once your plan has been in effect for a while, it’s Read More...
EIM/ECM 101: Cutting through the Confusion
EIM/ECM 101: Cutting through the ConfusionIf you’re like many people who’ve been put in charge of looking for your company’s next compensation solution, you

employee incentives  Compensation management and related employee performance management (EPM) are most often the key components in a broader suite of talent management applications. Today’s ECM solutions make the compensation payment process entirely automated by allowing businesses to • create centralized and decentralized budgets • plan and administer compensation adjustments at the manager level • plan and administer compensation adjustments within a predefined budget • define pay grades/scales and salary Read More...
TEC’s I&CM Evaluation Center (Slowly but Surely) Gaining Traction - Part I
A number of earlier TEC articles and blog entries have analyzed the nascent sales performance management (SPM) or enterprise incentives management (EIM

employee incentives  (HRMS) that focuses on employee information is administered by the HR department. Also, the customer relationship management (CRM) system that focuses on contacts and leads is administered by the marketing staff, while sales reporting and analytics tools that focus on revenue (top line) are administered by the sales and support departments. EIM/SPM represents the next generation of software category and best practices for filling the wide gap between all these departments. Its advent has prompted TEC to Read More...
What Makes Incentives and Compensation So Tricky?
Managing incentive compensation presents challenges to almost every large and midsized company, due to the complex nature of the calculations. But along with

employee incentives  in order for an employee to earn an incentive payment). Other methods include sales promotion incentive funds (SPIFs), which is a loose term referring to an on-the-fly addition to the compensation plan used to motivate the sales force in a particular way by providing additional sales credit or payment for certain types of sales. Also standard are overrides (manual replacements of a value that the system has calculated with another value—for instance, when a person from the bench, for whatever reason, Read More...
Employee Performance Management: Making It a Reality in Your Organization
Over 90 percent of human resources (HR) professionals rate employee performance management (EPM) as a top priority. Yet considerably fewer have EPM systems

employee incentives  EPM systems enhancing their employee performance appraisals and assessments, and obtaining greater strategic value out of their HR divisions. This is why more than 90 percent of HR professionals rate EPM as a top priority. Yet considerably fewer have EPM systems deployed within their organizations. The reasons for this are many, and almost all of them stem from issues around planning and preparation. A good number of HR professionals express uncertainty about how to begin the process of acquiring an EPM Read More...
UltiPro : Human Resources (HR) Competitor Analysis Report
This knowledge base on human resources management systems affords clients the opportunity to rapidly determine their criteria for management and employee

employee incentives  criteria for management and employee personnel tasks. Its extensive criteria include benefits and payroll management, employee self service, data warehousing, and health and safety requirements. Read More...
Case Study: OnDemand Gives BECU Online Training Success
BECU, a credit union with more than 500,000 members, found its existing learning management system (LMS) was leading to employee frustration and not producing

employee incentives  (LMS) was leading to employee frustration and not producing the needed training results. The company realized it needed a solution that would scale with the company’s rapid growth and provide functionality for employee performance management. Find out why the company chose Cornerstone’s OnDemand LMS to address its needs. Read More...
Sage HRMS: Human Resources (HR) Competitor Analysis Report
This knowledge base on human resources management systems affords clients the opportunity to rapidly determine their criteria for management and employee

employee incentives  criteria for management and employee personnel tasks. Its extensive criteria include benefits and payroll management, employee self service, data warehousing, and health and safety requirements. Read More...
Midwest Healthcare Provider Achieves Efficiency Boost and Cost Reduction
To better manage its rapidly growing and diverse employee base, Medica required an advanced performance management process that would link employee goals to the

employee incentives  rapidly growing and diverse employee base, Medica required an advanced performance management process that would link employee goals to the organization and corporate mission. Medica selected SumTotal’s integrated talent management platform to automate its performance management and goal setting processes. Find out how Medica realized a significant boost in efficiencies after just one review cycle. Read More...
Onboarding: The Critical Role of Hiring Managers
The person within your organization who has the power to make or break a new employee’s success is the hiring manager. This white paper describes best practices

employee incentives  or break a new employee’s success is the hiring manager. This white paper describes best practices and shows the importance of managers employing these best practices for onboarding new employees. Read More...
Employee Performance Management
HR professionals and line managers have the same goal: to create conditions so people can demonstrate exceptional performance. The importance of this mission is

employee incentives  Performance Management HR professionals and line managers have the same goal: to create conditions so people can demonstrate exceptional performance. The importance of this mission is not always well communicated nor supported by collaborative tools that help managers intervene. Yet this goal is so important that it has to be formalized in a partnership with a unique communication strategy and a collaborative platform. This white paper analyzes the fundamental initiatives needed to pragmatically Read More...
Improving Employee Productivity with Social Tools
With tech-savvy ‘millennials’ becoming an ever-greater percentage of the workforce, today’s corporate culture is rapidly changing. And while these changes can

employee incentives  Employee Productivity with Social Tools With tech-savvy ‘millennials’ becoming an ever-greater percentage of the workforce, today’s corporate culture is rapidly changing. And while these changes can create roadblocks for HR professionals, they also present a unique opportunity to implement solutions that increase employee productivity and hence your company’s profitability. Here’s your roadmap to navigating—and benefiting from—the changing face of your global workforce. Read More...
Get an Extra Man-month of Productivity per Employee, Every Year with Adrenalin!


employee incentives  Man-month of Productivity per Employee, Every Year with Adrenalin! Read More...
Corporate versus Employee-liable
Every company that uses mobile devices as business tools is faced with this dilemma: purchase mobile devices under the corporate account (corporate-liable units

employee incentives  versus Employee-liable Every company that uses mobile devices as business tools is faced with this dilemma: purchase mobile devices under the corporate account (corporate-liable units [CLU]), or allow employees to purchase their own (employee-liable units [ELU]). To alleviate the management issues, some companies have opted for ELUs. But there is a danger in using ELUs as company business tools. Find out more. Read More...
Are Sales Incentives Even In Tune With the Corporate Strategy?
With sales being the lifeblood of virtually any company, selling should be an accurately accountable process forming the basis of overall strategic objectives

employee incentives  customer satisfaction, since sales employees, in their zeal to earn more, often lose sight of what is importanttheir customers needs and the companys strategy. Part Two of the series Thou Shalt Motivate and Reward Workforce Better . If the company wants to increase sales of a new product line, for example, but the direct sales and indirect channel still receive hefty incentives favoring existing product lines, the sales folks will logically not care to pursue sales for the new (unrewarding) product line. Read More...

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