Would you pay $3,000 per employee per year for lunch? Jim Belosic, the CEO and founder of Facebook-customizing company ShortStack, does. Here's why there actually is such a thing as free lunch for his staff.
Motivation is a hot topic year-round, but particularly in January, the month of fresh starts, checklists, and lofty goals. We try to figure out how to prod our employees to excel, to hit and surpass ambitious targets. So what's the best way to get it done? Fast Company experts have weighed in—now tell us what's worked for you.
While it’s human nature to be social, we also have a tendency to be competitive and jealous. It is our nature to evaluate our own lives in relative terms. I’m happier when things improve for me relative to how they used to be, but I’m also happier when things seem better for me than for my neighbor. And social media platforms now allow me to make much more direct comparisons.
Many money-motivated Millennials (and they do exist) will bolt to new opportunities as soon as the great recession of 2007-20?? eases up...unless you happen to be an organization that recognizes their potential, and shows it by finding a better way to determine their salaries.
Eagles quarterback Michael Vick's $100 million NFL contract demonstrates the concept of variable compensation, a model where an employee receives a low base and dramatically higher performance bonuses, and how risk-sharing can be applied to encourage more hiring by employers at a time when job creation is arguably our biggest economic challenge.