Energizing Employees Toward Health and Wellness
New research released from Fidelity Investments shows employers across the country are doubling spending on health and wellness programs. The study shows that corporate employers are planning to spend an average of $521 per employee on health and wellness programs in 2013, up from just $260 4 years ago. The increased cost is indicative of the success of health and wellness programs in controlling overall organizational healthcare costs. Over the past several years organization health care cost has been rising at a phenomenal rate, that is prohibitive to some employers. Since the largest percentage of the cost comes from preventable conditions caused by employees bad habits such as high blood pressure, diabetes, and high cholesterol, employers are looking to promote a healthy lifestyle among their workforce to bring overall cost down. Here are a few easy strategies for energizing your workforce around an organization-wide health and wellness strategy.
3 Keys to Employee Motivation
In order to build the type of employee culture that gets employees excited to come to work each day and have fun with their colleagues, employees have to be motivated in their positions. There are many approaches management can take to employees motivation, and making sure you use a successful strategy can be the difference between an unmotivated staff and a vibrant environment where employees are motivated to grow and learn in their positions. Here are 3 easy tips to successful employee motivation.
Corporate Employee Programs & How to Incorporate Incentives
We’re finding that people are still questioning why companies across the U.S. are spending $22.7 BILLION
1 on gift cards as incentives in corporate employee programs and what this segment of the B2B gift card market is all about. AND we’re also finding that corporations and companies of all sizes are STILL surprised to learn that there are savings to be had on bulk gift cards purchased for employee motivation, employee engagement, and employee rewards. Why are 52% of U.S. businesses using gift cards to recognize and reward employees, sales folk, partners and customers.
2 Dig deep into how gift cards are utilized in the workplace to motivate, incent, and reward in employee programs.[hs_action id="2877"] 1 & 2 Source: IRF Market Study: B2B Gift Cards
Using Corporate Wellness to Cover the Cost of Stress
Stress in the American workplace is front and center for organizational leaders at companies of all sizes across the country. Management is constantly balancing the general stress that comes with work, and the negative effects that stress has on company culture and employee health. As corporate wellness initiatives gain prevalence as a solution to the cost of stress here are some staggering statistics that illustrate the importance of corporate wellness and stress management in the workplace.
Employee Investment and Innovation Management
Innovation is key to business success. Your organization is constantly striving to stay ahead of the innovation curve, and innovate faster than competitors. The best way to promote innovation in your organization is workforce investment. Investing in your employees is a great way to show support and build a rapport with employees that will increase job satisfaction and retention rates across your organization, leading to a more productive and innovative workforce. Here are 3 easy employee investment strategies that will promote innovation in your organization.
Build Trust: Building trust with and for your employees is crucial to fostering an innovative environment. You have to trust your employees to innovate along with your organization's vision and direction, while employees need to trust their employer and trust their job security to go out of their comfort zone at work and find innovative ways to get things done.
Cultivate Passion: Set an example with your enthusiasm. No one is motivated by someone who is just getting their job done. Employees look up to other employees who are invested in their work. Employee investment starts at the top, when management is enthused with their positions, so will lower level employees. If you are passionate, the people you lead will also be passionate, and passion often leads to innovation.
Inspire Loyalty: When management is loyal to an organization, employee loyalty will follow. Investing in your employees by providing small rewards for milestones reached with a company, such as an annual anniversary, or even a semi-annual anniversary is a great way to show employees their organization cares.
Small denomination gift cards to retailers such as Albertsons to help curb employee grocery costs are a great way to show employees that you both notice and appreciate their hard work and dedication, while controlling organizational costs simultaneously.