Low Cost Employee Loyalty Can Still Be Effective
With employers always looking for new ways to engage employees at work, in hopes of boosting employee loyalty metrics, we looked to our neighbors from the north for some advice. Here are three quick and easy ways you can maximize loyalty at your organization, without attaching any budget to the effort.
Sales Incentives: Focusing on Non Cash Rewards
The topic of selling sales incentives made the list in the Incentive Research Federation’s (IRF) newest report,
2014 Trends in Engagement, Incentives, and Recognition. The report shined light on the fact that although sales goals came up short last year, many of those companies are still raising quotas for 2014, leaving many executives searching for answers on how their sales teams will make those numbers. One trend that came out of the study was focused on the incentives being used to motivate sales teams. The report stated,
Boost Employee Health with Friendly Competition
Employee health and wellness have taken center stage in workplace initiatives, especially as companies strive to improve well-being while reducing healthcare costs. In addition to reduced costs, employee wellness programs may also be connected with business success and profitability. While these programs often focus on health education and screenings, introducing a bit of friendly competition can make a significant impact, both in engagement and results.
How to Improve Employee Engagement
Engaged employees become brand advocates and evangelize your organization. Engaged employees do better work to serve your customers and ensure your team and organization hit revenue targets. Here are three ways to boost your employee engagement:
Wellness Programs Lead to Healthier Employees, Lower Costs
The Affordable Care Act is here, and even though
most open enrollment periods are now over for the year, there is still time to improve your employee health and lower future health care costs. Implementing health and wellness programs can both lower health care costs for employers, and place accountability on employees for their own health. Chad Koerten, who works for KI Furniture near Green Bay, WI has credited his organization with an 80 lb. weight loss over his 15 years with the company.
