Creating a Sense of Employee Purpose
At a large company like PwC it is a constant struggle to establish employee purpose. Employees don't want to feel like a cog in the wheel on the road to nowhere. They want to see their impact and want to have purpose in their job, whether they are in an executive management meeting or filing papers in the mailroom.
So how do employers work to establish purpose at work? Here are a few ideas that came from
PwC's recent summit on social purpose that could have a positive impact on an organization, large or small.
Aligning Employee Goals with Organizational Targets
Employee motivation can mean a lot of different things and come in a lot of different forms. It means your employees are excited to come to work every day and do their best to make the organization as successful as possible. Employee motivation can also get so granular that at the most basic level employee goals are in line with organization targets. I'm not talking about employee 6 month goals that go on review forms, I mean that their long term goals match the long term targets of their organization. Here are two unique ways to align employee goals with organizational targets to improve the overall harmony of employees' work life balance and workplace motivation.
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.
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.
Company Culture Leads to Employee Empowerment
The most effective employees are those that feel empowered to do their job and learn and grow into the best contributor they can, not those that feel caught up in a hierarchy or a corporate system. Although employee engagement and employee empowerment are important in creating a successful workforce,
according to a recent Inc.com article, emphasizing these two key components can actually be counter intuitive. Here are a few tips to creating employee empowerment and engagement without emphasizing it.
