Performance Management

Does performance related pay work?

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Reward consultancy @ Cornerstone Resources HR

Does performance related pay work? I’m currently planning the salary review process for a client. The general principle is that we reward for performance. It’s something I’ve heard expressed many times before and on one level it makes sense.  Why not give more to your best performers? The problem is that salary budgets have been […]

Culture

Is a work Christmas do a good idea?

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Disciplinaries Christmas

So it’s nearly Christmas and thoughts turn towards the work Christmas party. You may be wanting to reward your staff with a free night out to thank them for all their hard work throughout the year. At the risk of sounding like an HR killjoy, it’s one to think very carefully about or it could […]

Employee benefits

Mind the benefits gap (2 min read)

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According to the attached article, two thirds of SME bosses believe that they face a benefits gap in comparison to larger employers. The research, carried out by Opinium in March 2018 among 508 decision-makers at organisations employing between 50 and 299 staff, found that 69% of senior managers believe they have a duty to provide benefits beyond pensions. […]

Employee benefits

Pensions – what do I need to know?

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Employee Benefits - Cornerstone Resources

Pensions are changing – what do I need to know? April 2019 sees the latest hike in minimum pension contributions. From this date, the minimum contribution rises from 5% to 8% of salary. Analysts are clearly worried about affordability both for employees and employers. However, the attached article¬†shows that the last jump in contributions only […]