The guide to... rewarding staff when salary increases and promotion are frozen
Recent economic data has revealed low levels of wage inflation, indicating that many organisations are implementing low or no pay increases for the coming year. In addition, headcount freezes are reducing opportunities for promotion. Vincent Belliveau, EMEA General Manager for Cornerstone OnDemand, outlines how businesses can motivate their employees in this challenging environment.
Pay raises and promotions are tools that can be used to reward achievement, retain staff in a competitive market or give an ambitious employee the reassurance that they are progressing within the organisation. Yet when these tools are not available to HR or line managers, they need to become more creative in order to generate the same feeling of employee commitment and loyalty.
Please log in to see the rest of the article or register if you don't already have an account. Registration is free and will give you full access to everything on HRzone.co.uk. It takes a minute or two max. Please click here to access all our content, host your own blog and chip in on the community discussions.
To read the rest of the article you'll need to log in below
If you've forgotten your details click here for a reminder
If you haven't got an account, it's free and only takes a minute to set one up,
click here to register



