Remove Compliance Remove Finance Remove Incentives Remove Leadership
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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

When it comes to internal communication, many organizations are primarily focused on direct and frequent communications from leadership urging their people to be calm about how they deal with the aftermath. Designing incentive compensation structure as a response to the COVID-19 pandemic. When it comes to short-term incentives….

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

When it comes to internal communication, many organizations are primarily focused on direct and frequent communications from leadership urging their people to be calm about how they deal with the aftermath. Designing incentive compensation structure as a response to the COVID-19 pandemic. When it comes to short-term incentives….

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Why is it so darn easy to say NO?

Women on Business

Ultimately, there is a lot less work for the employee who says “no” (think compliance departments). What if service people were given incentives for the “yes” answers they gave to customers and were docked pay for their “no” answers? If the person says “yes” they may have to do something and then take a risk for doing it.

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Interns to the Rescue! :: Women on Business

Women on Business

If possible, provide some financial incentive like a small hourly rate or commission for work well-done. Make sure you say in your ad description what they need to be successful with you (eg – a computer with internet access, a nice phone voice, computer skills, etc.). I have used www.internhere.com to post my request.

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The Big Picture of Business – Business Success Checklist

Strategy Driven

Provide leadership. Legal compliance and precautions plan is annually updated, with measurable goals. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Incentives-rewards-bonus plan is annually updated, with realistic, measurable goals.

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Who’s Responsible for the Walmart Mexico Scandal?

Harvard Business Review

Late last month, on the second anniversary of the story nearly to the day, Walmart released its first Global Compliance Report (GCR). Certainly an important goal for Walmart’s board and current management is to improve the company’s compliance capability. Think GM and its delays in addressing problems with an ignition switch.).

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Five House Rules for Managing Risky Behavior

Harvard Business Review

The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior. Appropriate risk, compensation, and financial policies will set the incentives and boundaries for employee behavior. That meant Enron was able to report $3.3