Employee Rewards They Really Want
Ever wondered what employee rewards your staff really want? While you know they may appreciate the sentiment of the reward, and even find the rewards fun, have you ever wondered, if they could pick anything, what the general employee response would be? In a recent study done by The Voucher Shop these hard-to-come-by desires are revealed. Even though these are results from across the pond, there's a lot to be gleaned applicable for American employees and households as well. Here are the top categories employees want to see in rewards from their employers:
Whole Foods Recognized for Animal Welfare Practices
You may not have known, but part of Whole Food Market’s mission includes a promise towards the humane treatment of animals and they are winning accolades for their animal welfare practices. The company has been recognized with both the Good Sow Commendation and the Global Good Egg Award from Compassion in World Farming.
Engagement in Health and Wellness Programs
Employers are at all points on the learning curve when it comes to health and wellness programs. However, as employee engagement increases, so does employer health and wellness spending. The average per employee cost for health and wellness programs is up almost $100 over 2014 and the use of screenings and carrot rewards to boost engagement are also increasing. The decreased use of "stick" disincentives along with the increased use of biometric benchmarking is making health and wellness programs more inviting to employees. According to a recent study of employers offering health and wellness programming in 2015:
Finding the Right Wellness Program
As wellness programs become a mainstream part of HR programming, and a sought after employee benefit, it's important to know what you're getting into. Some employers are now building wellness programs to "check the box." Adding a smoking cessation program, or a weight loss group to the office culture to help reduce insurance cost, or satiate the employee desire to get healthier. However, even if you plan to make a small investment in an employee wellness program, it's important that you find the right options for your staff and for your bottom line. Here are a few tips that will help you get your wellness program on track.
Gift Card Popularity Continues to Rise
According to a new survey from the Retail Gift Card Association, up to 70% of consumers will buy gift cards for friends and family by the end of the summer. This is an important finding for B2B gift card programs as well. Why's that? Because the survey also revealed that 95% of consumers are hoping to
receive gift cards this spring and summer. While this directly applies to celebrations like birthdays, graduations and weddings, the popularity of gift cards can also segue to employees recognition programs, health and wellness programs and employees rewards. Here are key findings from the study:
