Deborah Merkin
Recent Posts
Develop Talent, and Retain It
Creating a culture of professional development is key to an organization. This is a great way to show employees that you invest in their best interests, the way they invest themselves in their work and the goals of the company. Here are some tips for how to maintain a culture of development in your organization. •
Identify your stars: Focus on rewarding and recognizing top performers. Providing spot rewards for desired behavior, such as a gift card or an extra day off is a low-cost way to show employees you care. These rewards and recognition can lead to higher retention rates and workplace satisfaction. •
Get upper management involved: Visibility of senior management during professional development, to provide guidance and mentoring is another sign of organizational support to employees. •
Invest in development: Providing training sessions, professional development opportunities, and even tuition reimbursement helps employees grow, which will make it more likely that employees will stay and grow with your organization. •
Broaden their skills: Make sure skill sets are round, and that employees understand organizational functions outside of their day to day responsibilities, this will help them think strategically about their current role, and ways to advance themselves in the organization.
For more information on creating a culture of development in your organization check out this article in Ragan's HR Communication.
Renewed Importance of Employee Recognition
According to the 2012 Workforce Mood Tracker from Globoforce employee recognition programs are on the rise, and for many employees the presence of these programs can dictate their satisfaction with their employer. The statistics from this study are staggering, and further cement the importance of employee recognition programs as part of the investment employers make in their staff.
Infographic on Obesity in the Workplace
The following infographic from
mashable.com shows how obesity, growing ever more prevalent in workplaces across the country, can cost your company valuable money and resources. Implementing health and wellness programs for employees using small incentives, such as gift cards to assist in living a healthy lifestyle, such as the
CVS/Pharmacy Select Card or a GNC gift card can save your company money and keep your employees healthy, productive, and happy in their jobs. Check out the information below to help prevent obesity in your office.
Employee Health and Wellness Programs ROI is Evident
According to a new survey from the International Foundation of Employee Benefit Plans there is more reason than ever to provide health and wellness programs with incentive benefits for your employees. According to the survey for every $1 companies invest in health and wellness programs for employees, $3 is saved in health care costs. 70% of U.S. employers are currently running some form of a health and wellness program, and 83% of all employers running programs saw a return on investment. It is not surprising that health and wellness programs see unprecedented return on investment. Employees get healthier, happier, and feel more supported by their employers. These factors all lead to increased happiness at work, retention rates, and productivity. To incentivize employees to reach health and fitness goals use small rewards such as gift cards
, or extra time off. It’s a great way to show employees you care, not just about the job they do for the organization, but for their long term well-being. To learn more about the report from the International Foundation of Employee Benefit Plans check out this tip in
Time Magazine or article in
Baseline Magazine
Give gift cards as benefits and rewards...the right way
Giving gift cards as benefits and rewards can be extremely effective when used correctly. Here are some quick tips to maximize the effect of your gift card employee reward program.
1. Don’t award too many cards too often- Maintain the trophy value of the rewards by only giving rewards when specific goals or targets are reached.
2. Don’t wait to give the gift cards to winners- Spot rewards can be even more meaningful, with more trophy value given their surprise nature.
3. Do include public recognition- Make sure other employees know why recipients earned their reward, so they can become positive role models for the rest of the staff.
4. Don’t use gift cards as extra compensation or a pay bonus- Use gift cards as rewards for desired behavior or upon completion of reaching a goal.
5. Do combine the cards with an overall incentive program- For example; if your organization runs a health and wellness program, use a gift card to reward employees who reach their health and fitness goals.
6. Don’t get too narrow with card choices- Giving a wide variety of card choices makes the reward more useful for employees.
7. Do tell employees about any limitations or conditions on a gift card- Be up front about expiration dates or conditions to using the reward, so employees know what to expect and can use their cards in an appropriate timeframe.
For more information on the best ways to use gift card as incentives, rewards, and benefits check out this Business Management Daily article.