Terry's Blog | Daily strategies, insights and inspiration to help you achieve your potential

#EmployeeBonuses

Data complied by Great Places to Work revealed that only one in five of the reporting companies paid out cash bonuses, with the medium payout of 4.7% of employee pay. 

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#Empowerment

Empowerment is most highly correlated with employee engagement, job satisfaction, and organizational commitment, while accountability is the strongest factor impacting job performance.             #leadership #business #corporateculture 

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Organizational Trust

Commitment flourishes in an environment of trust.  In a 2016 Ernest & Young global survey, fewer than half of the ten thousand employees surveyed said they had a "great deal of trust" in their colleagues or the company overall.  

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#PersonalDevelopment

If you're not failing, you're not pushing the limits of your abilities. 

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Measurements

Good measurements signal what's important in an organization.  They position people to get their priorities straight.  It focuses everybody's efforts on what counts the most.  It makes it possible for them to evaluate their performance, to make improvements, to allocate their time and effort to produce maximum payoff.

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Personal Productivity

Several studies have shown that multitasking is a distraction.  It's incompatible with the peak-concentration states that are associated with high-performance and quality of work.  When people multitask, they cannot focus fully on the task at hand because their brain is still processing the last unfinished task.

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#Innovation

Innovation is the only insurance against irrelevance.

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Employee Performance

Common sense is not the product of tools, policies, and procedures; those are substitutes for common sense. 

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#Culture

Culture is the one thing that can't be copied or commoditized. 

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Executive Compensation

At present, the average CEO compensation in America's 350 largest companies is $17.2 million a year, or 278 times the pay of a typical frontline employee.  It's not clear those millions buy much in the way of vision.

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