A large-scale study by Vlerick Business School, in association with three media partners, De Standaard, La Libre Belgique and NRC Handelsblad, underlines the importance of non-financial rewards to employees. The study, based on a poll of 4,877 people in Flanders, Wallonia and the Netherlands working in 18 different sectors, measured attitudes to salary, bonuses and […]
Subject: Reward Management
Unseen Dangers of Positive Stereotyping
Executives and managers recognize today that discrimination has no place in the workplace. No employee should be required to work in an environment of abuse and harassment — including in the form of overhearing derogatory comments about his or her race, nationality or another other specific demographic. Discrimination is not just wrong for moral reasons, […]
Why Good Bosses Tune Into Their People
Leaders can have a ripple effect through their company, particularly those in the C-suite; their actions reverberate throughout the organization, with followers sometimes even mimicking them. The CEO of BAE Systems learnt this quickly as she noticed a dozen women in her office imitated the way she tied her scarf after her first day on […]
Keeping Employee Engagement High in Tough Times
It is useful for us to analyse levels of employee engagement in organizations both during and in post-recession environments. Here we can define ‘engagement’ as satisfaction with job and commitment to the organization. It would seem likely that a workforce would be less engaged in their work – as well as less happy overall – […]
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Helping Employees Realize Their Dreams: The Search for Meaning
How can companies help their employees reclaim lost dreams—in both professional and non-professional contexts? Those companies able to do so will go a long way towards addressing some of the problems currently confronting not only their organizations, but society in general. A ‘dream’ can be described as a possibility that a person imagines for his/her […]
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Last Call for Social Media Sceptics
How are managers today using social media tools and how important are those tools becoming to their organizations? In collaboration with Deloitte, MIT Sloan Management Review conducted a survey of nearly 3,500 executives to gain insight into, and a richer understanding of, how organizations are leveraging social media and social networks. They define “social business” […]
Driving Risk Appetite Higher or Lower: Penalties Vs Rewards
In many organizations, collaborative innovation teams are utilized to manage new product development initiatives. This involves different types of managers (marketing, operations, engineering, etc.) working together to allocate resources to a project. This remains an effective way to spark innovation, but the process can be greatly enhanced by understanding the role that rewards and penalties […]
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Managers Who Undermine the Meaningfulness of Work
Do managers at all levels routinely – and unwittingly – undermine the meaningfulness of work for their direct subordinates through everyday words and actions? Of all the events that can deeply engage people in their jobs, the single most important is making progress in meaningful work. Yet actions such as dismissing the importance of subordinates’ […]
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Charisma or Miasma: Seduced by the Charismatic
Charismatic CEOs tend to earn more total compensation than their industry peers with less charisma. Are these more charismatic CEOs are actually worth the money? Let us look at the historical trends that led to the development of this idea; the evolution of investor capitalism, the emergence of the concept of the ‘corporate saviour’,’ and […]
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