Variable Pay or Incentive Scheme: Which One Should You Choose?

We all know about incentive pay or the incentive scheme. It was initially designed for sales and marketing people where the performance of the employees is mostly measurable. You can measure the performance of these departments in actual numbers. For instance, you can judge the number of leads converted by one sales executive and check…

How Employee Turnover Influences the Finances of your Organization?

When employees leave your organization, the workflow disrupts productivity decreases and the costs of hiring increases. Now, you may say that this is not the case as employee turnover doesn’t seem to impact your business so much. Let’s analyze the impact of employee turnover before we move forward. Recent data reveals that your employees can…

Why Do You Need to Consider Upskilling for your Organization?

There is a strong connection between upskilling and employee engagement. Currently, every young employee is looking for personal growth. Everyone wants to join an organization where they can learn. Many even leave their high-paying organizations to shift to a low-paying job just because they are getting learning opportunities. When you offer these opportunities to your…

Why Employee Experience Should Match Customer Experience?

There is no doubt in the fact that employees and customers are, in fact, two different types of company stakeholders. However, undeniably, employees, too, expect a similar kind of experience as a customer. Technology is the major motivator of enhanced customer experience today. We can book a flight ticket, reserve a doctor’s appointment, and check…

Blind Hiring: Should You Stay Away from It?

As technology is to developers, hiring it to recruiters. Throughout the year, the human resource team collects candidate data, interviews candidates, and hires them. However, during this process, they all are hoping to hire the perfect employee who will help them increase the efficiency and productivity of the workplace. No doubt, hiring is a science.…