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The Use of Health and Wellness Rewards Increases

New research from
Mercer LLC shows a 3% increase in use of carrot style rewards in the context of health and wellness programs. These health and wellness rewards are largely tied to employees' achieving a certain change or reaching a certain biometric range for preventable conditions like obesity, high cholesterol, high blood pressure, etc. According to the research, 23% of large employers are using positive reinforcements as health and wellness rewards.
A Towers Watson study from September also indicates an increase in outcome-based health and wellness rewards, with 18% using them currently and 10% planning to add programs in 2015. While some health and wellness industry professionals believe the days of spot rewards are over, in favor of an organizational shift towards discounting insurance costs, this shift is only being observed by larger firms. While smaller businesses cannot absorb the financial impact of larger policy discounts, spot rewards offer an alternative with the potential to scale up or add larger rewards at a later date. The increased use of health and wellness rewards at a variety of levels, from small spot rewards like
gift cards to large discounts on health insurance, signals a larger trend. Health and wellness programs and health and wellness rewards are becoming a mainstream, integral part of the way benefits and healthcare are delivered from employers to employees. Health and wellness rewards has become a mechanism for employers to make healthcare more affordable for employees, while also ensuring their workforce is healthy and productive, and healthcare is also affordable at the organizational level.
For more information on health and wellness rewards and how they are being used, head over to BusinessInsurance.com.  

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Your Employee's Wish List

Have you ever wondered what your employees would change about their workplace? In mid-December, Tinyhr released a
survey of more than 1,000 employees and found their top-five wishes for their workplace. The employee's wish list shows they are looking for...

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The Importance of the Employee Suggestion Box

The employee suggestion box may seem like an antiquated concept. Who is going to drop a crumpled up piece of paper into a box, or send and email to an anonymous email address? With that attitude, no one. However,
Hugh Molotsi, VP of Innovation at Intuit Labs, believes that employee ideas can be the most underutilized tool in an employer's innovation strategy.
Here's the scenario: Your company encounters a large organizational issue. Senior management can't solve it. So, the organization spends thousands, if not millions, to bring in a consultant to try to solve the problem. It may work in the long-term, but how can you ensure ROI on such a huge investment? Alternatively, you could pose a brainstorm contest or competition (
think like a hack-a-thon) to your employees, spend a couple hundred dollars bringing in lunch or dinner for the staff, and empower your
employees to find the fix. Not only have you saved an enormous amount of money, but you've given your employees the opportunity to have a
direct impact on shaping your organization. An employee suggestion can turn into real solutions to problems and real improvements in your organization, without bringing in expensive and sometimes disruptive consultants. Do you invite your employee suggestion into organization strategy sessions or problem solving exercises? If you don't, it might be time to consider a change in 2015.

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Employee Health Keeps Costs Low

It's the time of year for diets, gym membership renewals and for some, delusions of grandeur about a healthier year. The key is to turn that burst of enthusiasm into long-term healthy habits that help employees fall into routines that are here to stay for the long haul. Healthy employees miss less work, and are more productive, focused and hungrier to move up and improve.

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Fantasy Football Can Increase Employee Engagement

According to a recent study from Quantum Workplace's Best Places to Work research panel, employee engagement is higher among those employees who participate in Fantasy Football with their coworkers.  With the Super Bowl coming up, it’s not too late to use this as an employee engagement opportunity! The analysis of the study revealed that employees participating in a fantasy football league with their coworkers had higher survey scores when it came to measuring teamwork and trust with their coworkers.  Workplaces that encourage employees playing and socializing together had higher results in overall workplace teamwork and considered their workplace a great work environment.  Employees at these 'best places to work' often feel a sense of “family” in the workplace.
Some key highlights from the study include: Of NFL fans surveyed, 75.3% were highly engaged employees compared to 63.8% of non-NFL fans.

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