TITLE

Anthony York: How can employers offer benefits to suit all generations of employees?

AUTHOR(S)
York, Anthony
PUB. DATE
November 2013
SOURCE
Employee Benefits;11/4/2013, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article explains how employers will be able to offer benefits that will suit all generation of employees. The author stresses that the best way to achieve this is to ignore all generational differences. According to the author, employers should focus on the attributes that the employees share. It notes that the best place to start the development of a core reward package is the employees' commonalities.
ACCESSION #
91983442

 

Related Articles

  • Paying employees strategically will pay off. Withiam, Glenn // Hotel & Motel Management;11/6/2006, Vol. 221 Issue 19, p22 

    The article presents a discussion on the strategic compensation plan of employers in the hospitality industry to improve employee performance. A study from Cornell's Center for Hospitality Research seeks to find how much to pay in salary improvements and how best to pay for those increases. It...

  • BUILDING UNITY. Jones, Ben // Employee Benefits;Apr2010, p43 

    The article discusses several approaches can be undertaken by employers in providing incentives of short-term employees in Great Britain. A corporate director suggests to reward these employees by sending them a gift to their home, such as a garden chair to ensure them to return to work for a...

  • BONUS SCHEMES: Bonus points.  // Marketing Week;9/4/2008, Vol. 31 Issue 36, p41 

    The article reports on the trend of bonus programs among British companies. According to Duncan Brown of PricewaterhouseCoopers, nearly 90% of employers have some form of bonus scheme. They like the concept of variable pay, particularly in this time of economic downturn, so it is easy for them...

  • Economic Pressures Force Companies to Review Compensation, Incentive Plans.  // Community Banker;Jan2009, Vol. 19 Issue 1, p14 

    The article presents the findings of a recent study by Towers Perrin. The study has found that nearly 50 percent of companies say they are "somewhat" or "very likely" to reduce pay/merit increase budgets because of the struggling economy. Nearly 40 percent are evaluating whether to cut annual...

  • Economic recovery requires engaged workers.  // Competitive Advantage (Douglas);10/22/2009, p1 

    The article offers information on workplace recognition programs and their significance to employees' welfare. According to the Human Capital Institute, these programs can improve employee engagement and help to retain and motivate employees. The article notes that recognition programs do not...

  • RE-THINKING ORGANIZATIONAL INCENTIVES: CONCEPTUALIZING INSTITUTIONAL INCENTIVES IN THE RESOURCE ALLOCATION PROCESS. RYE, COLLEEN BEECKEN // Academy of Management Annual Meeting Proceedings;2009, Vol. 2009 Issue 1, p1 

    Organizations have difficulty creating and implementing nonpecuniary incentives, partly because social processes involved in offering them have yet to be elucidated. I develop a new theoretical concept, "institutional incentives," that emerged as I conducted field-based research. I explain how...

  • Employers need to offer diverse incentives to reduce early retirement.  // Nursing Standard;5/28/2008, Vol. 22 Issue 38, p16 

    The article emphasizes the significance of diverse incentives in reducing rates of early retirement among nurses in Great Britain. It is evident that healthcare systems of developed countries are facing challenges due to the decreasing nursing workforce. This system is due to ageing, limited...

  • Set SMART goals for incentive programs. Resnick, Marc // Industrial Safety & Hygiene News;Sep2009, Vol. 43 Issue 9, p48 

    The article discusses how to set a specific, measurable, attainable, relevant and timely (SMART) for incentive programs. It specifies that employees need to know specifically what metric they will be measured by and what the thresholds are for achieving the incentive. It notes that the threshold...

  • Prize holidays used to reward low paid.  // Employee Benefits;May2004, p11 

    Reports on the awarding of prize holidays to several staff of Bupa Care Homes in Great Britain. Use of prize holidays to motivate and retain the company's staff; Importance of rewards in the low paid sector; Launch of the company's voluntary benefits scheme aimed at recruiting and retaining its...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics