WorldatWork surveyed more than 2,700 organizations; members are employed in the HR, compensation, and benefits departments of mostly large North American companies.
| Programs Used to Attract and Retain Employees in the U.S. | ||||||||||
|
2004 |
2005 |
2006 |
2007 |
2008 |
||||||
|
Sign-on/hiring bonus |
61% | 64% | 69% | 70% | 70% | |||||
|
Employee referral bonus |
63% | 63% | 65% | 66% | 69% | |||||
|
Market adjustments/ |
55% | 60% | 64% | 65% | 65% | |||||
|
Flexible work schedules |
– | – | – | 62% | 63% | |||||
| -Flextime | – | – | – | – | 51% | |||||
|
-Compressed work week |
– | – | – | – | 27% | |||||
|
-Telecommuting/ |
– | – | – | 30% | 42% | |||||
|
-Job sharing |
– | – | 12% | 14% | 13% | |||||
|
Spot bonus (individual) |
43% | 43% | 45% | 46% | 45% | |||||
|
Retention/stay bonus |
27% | 30% | 35% | 38% | 38% | |||||
|
Part-time employment with benefits |
– | – | 28% | 32% | 37% | |||||
|
Paying above market |
25% | 28% | 30% | 29% | 31% | |||||
|
Stock option program |
27% | 25% | 24% | 23% | 22% | |||||
|
Stock grant programs |
7% | 10% | 16% | 21% | 20% | |||||
|
Project milestone/ |
16% | 17% | 18% | 21% | 18% | |||||
|
Special cash bonus/ |
17% | 19% | 20% | 20% | 19% | |||||
|
Separate salary structures |
13% | 12% | 13% | 15% | 15% | |||||
|
Exempt overtime pay or time off |
14% | 15% | 13% | 14% | 14% | |||||
|
Larger merit increase budgets |
7% | 9% | 10% | 11% | 9% | |||||
|
Phased retirement |
– | – | 4% | 6% | 6% | |||||
|
Paid sabbaticals |
3% | 3% | 2% | 3% | 3% | |||||
