Insights on Incentives has as its sole purpose the facilitation of thought and discussion on the subject of incentive compensation for banks and credit unions.  Once a month NSS will be sending out an e-mail with one insight on the area of incentive compensation.  The insights will come from our research, discussion with customers and finally, those of you who decide to offer an insight on this important sales management issue.

November 2008

Bridging the GAP Between HR and Finance to Drive Success

Some recent research from Globoforce focused on bridging the cost gap between HR and Finance regarding the human resource. Coming out of that study Derek Irvine, Vice President of Global Strategy, Globoforce makes the following observation from their recent study:

“Business leaders understand that HR has the power to transform an organization by taking a strategic view and using technology to implement a measurable employee engagement solution that generates real results. As this study shows, leaders also understand employee recognition can improve employee engagement and – by extension – their bottom line, shareholder value and customer retention. To get there, it is essential that today’s global companies bridge the current gap between finance and HR, empowering these functions to collaborate on this new strategic imperative and ultimately implement a universal recognition platform that motivates, retains, and attracts great talent.”

Insights on Incentives is brought to you by NSS Corp.