[For the beginning of the survey report, go here.]
Telecommuting
Formal telecommuting guidelines are in place and employees are required to sign a formal agreement for 23.8%. An allowance to cover employee expenses for setting up telecommuting at their home is provided by 33.1%, 40.3% reimburse telecommuting employees for monthly Internet connections, and 54.2% reimburse for telephone expenses.
Offering telecommuting to employees brings:
When asked how satisfied with their telecommuting arrangements they are, 27.5% indicated they are very satisfied, 31% are somewhat satisfied, 32.3% are neutral, 7.4% are somewhat dissatisfied, and 1.9% are very dissatisfied.
Dress Codes
Dress-down days are offered by 72.7%, but only for employees with no customer contact for 15.6%. Friday casual is the norm for 74.8%, but only on or near holidays for 14.8%. Dress-down is a reward for performance or fundraising for 10.5%.
Incentive pay not accomplishing what you want it to? Figure it out on May 20 with an interactive webinar, Variable Pay: Using Incentive Compensation to Boost Performance Beyond the Merit Pay Process. Learn More
Survey Participants
Organizations with up to 250 employees account for 61.6% of our survey participants and 22.6% have 251 to 1,000 employees. Another 15.7% work in organizations with more than 1,000 employees.
Of the participants responding to our survey, 45.9% have a workforce with 25% or fewer exempt employees. Another 22.6% have a workforce that is 26% to 50% exempt and 23.2% have a workforce with more than 50% exempt employees. Unions represent nonexempt employees at 21% of our survey participant employers and exempt employees at 12.6%.
Privately held for-profit organizations are represented by 59.6% of survey participants and privately held nonprofits account for 22.1%. The public sector makes up 18.2%. Industries include manufacturing (17.7%); health care and social assistance (14.3%); finance and insurance (10%); and professional, technical, and scientific services (9.6%). Educational services represent 6% of our survey participants and retail trade accounts for 3.3%.
Our 2,032 survey participants include those in staff positions (15.5%), supervisors (5.2%), manager level (57%), and VP or above (22.3%).
Perks are one way to build loyalty, and variable pay and incentives are the other way. How’s your incentive program doing? If you’re like most companies, it’s a little tired. Time to jumpstart it? Fortunately, there’s timely help in the form of BLR’s new webinar— Variable Pay: Using Incentive Compensation to Boost Performance Beyond the Merit Pay Process.
In just 90 minutes, you’ll learn everything you need to know about creating incentive plans that accomplish your goals.
Register today for this interactive webinar.
Variable pay, in the form of annual incentives and bonus opportunities, can provide the differentiation that truly rewards your outstanding employees, without adding to annual fixed costs. Properly designed, these plans provide the motivational effect needed to push performance upward. But, as the economy improves and your top performers are starting to look around for their next big opportunity, you need something that will get their attention and encourage them to reengage.
This webinar will help managers and HR executives understand the benefits of moving toward a variable pay structure within the total rewards process. Through examples and scenarios, our experts will help you adopt this alternate compensation method and improve your employees’ motivation and, ultimately, your company’s performance. Join us on May 20 for an in-depth webinar on how to design and implement your variable pay structure, so you can figure out what’s working and how to adjust what’s not working.
Register today for this interactive webinar or Find Out More.
Incentive pay—always hard to hit the mark. Join us for an interactive webinar, Variable Pay: Using Incentive Compensation to Boost Performance Beyond the Merit Pay Process. Earn 1.5 hours in HRCI Recertification Credit. Register Now or Find Out More
Participate in this interactive webinar and you’ll learn:
Register now for this event risk-free.
Tuesday, May 20, 2014 This program has been approved for 1.5 credit hours toward recertification through the Human Resource Certification Institute (HRCI).
Join us on May 20—you’ll get the in-depth Variable Pay: Using Incentive Compensation to Boost Performance Beyond the Merit Pay Process webinar AND you’ll get all of your particular questions answered by our experts.
As with all BLR/HRHero® webinars:
1:30 p.m. to 3:00 p.m. (Eastern)
12:30 p.m. to 2:00 p.m. (Central)
11:30 p.m. to 1:00 p.m. (Mountain)
10:30 a.m. to 12:00 p.m. (Pacific)
Approved for Recertification Credit
Train Your Entire Staff