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…

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