August 2025
Beginner to intermediate
272 pages
4h 11m
English
Content preview from HBR Guide to Retaining Your Best People
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Chapter 23 Do Retention Bonuses Pay Off?
by Amii Barnard-Bahn
The use of retention bonuses—cash payments offered to employees as an incentive to stay on the job through a specified date or upon achievement of a specific milestone—is at an “all-time high,” with almost 60% of organizations making the investment, according to a study by WorldatWork.1
But is it money wisely spent?
Tom McMullen, rewards expertise leader at Korn Ferry, says that retention bonuses are typically offered to employees who are in a key role and who have shown outstanding performance. They can be useful in certain cases, for example, to encourage individuals to stay through a merger or acquisition or through the completion of a key enterprise project.
Retention bonuses ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.