GiftCard Partners Blog

New regulations have recently taken effect as part of the Affordable Care Act allowing employers providing health care benefits to employees to steer their workforce toward healthier lifestyles and away from disease causing habits. The new rules enforced last week as part of the law by the Obama Administration guide employees through a classic carrot and stick rewards program. Employees who participate in wellness programs, set goals to live a healthier life, and work towards those goals can be rewarded both financially and with non-monetary rewards, while employees who continue to exhibit unhealthy behaviors; or who not working to eliminate preventable conditions such as obesity, high blood pressure, or high cholesterol can be penalized similarly. Any outcome based program such as smoking cessation or weight loss programs are often required to have a "cycle of failure and renewed effort" to give employees multiple chances to achieve their goals. These new rules reinforce the effectiveness of the carrot and stick reward/disincentive strategy, rewarding good behavior and penalizing bad behavior. It shows that strategy is financially sound for any size business and can in fact help manage the ever-rising cost of providing health care benefits. Finding rewards that fit each occassion and have value for your employees is key to programmatic success. Gift cards are a great way to fix cost while providing a choice for employees. Using gift cards allow an employee to choose a brand that they value and will use. For health and wellness programs providing a variety of health and wellness retailers such as NutriSystem, GNC, and CVS/Pharmacy show employees that their employer is supportive of their concerted effort to live a healthy lifestyle. Equally important is finding the balance in the disincentives handed out to employees who do not participate in health and wellness programs. The sticks cannot be so big that it makes and employee unhappy with the organization, or makes them wholly averse to ever participating. The stick should be big enough to push employees in a healthier direction. A widely used disincentive is a higher monthly premium for employees not enrolled in the program- encouraging employees to take the step without turning them off totally.

June is National Safety Month, so as we kick off the new month and the summer season, it seems like a great time to put some fun contests and training sessions in place for employees to help promote workplace safety. Here are a few quick and easy ways to make workplace safety a priority at your company this June, and how to continue it throughout the year.

Employee retention can be difficult in today's job market. There is no such thing as a "company man or woman" any longer, and employees tend to switch jobs for one reason or another more frequently than we have seen in the past. Making employee retention a priority for your organization helps maintain continuity in the workforce, which makes the whole organization more productive, happier, and more motivated to succeed within the organization, not outside of it. Check out 3 common mistakes that can drive top talent out, and how you can make employee retention a priority in your organization.

According to a new study from the Midwest Business Group, more than 80% of the nation's largest employers use a carrot and stick approach when it comes to their corporate wellness program. Using this approach allows employers to reward for desired behavior, while creating penalties for employees who participate in unhealthy behavior, such as smoking. As the full implications of the Affordable Care Act take effect and employee benefits costs continue to rise, employers place more value on employee healthcare benefits savings, by both maximizing the health of employees and lowering the cost of their healthcare benefits. Here are some quick facts about employers who use a carrot and stick incentive strategy to manage employee wellness.

Step 1: Create a safety program. Step 2: Make it successful. Still struggling with Step 2? Many strategies have been tried, from payroll bonus, discipline, performance review, to issuing penalties. But the question still remains, what works best to foster a safety culture within the workplace? The answer could be as simple as corporate wellness incentives in the form of gift cards. They are a flexible and affordable way to incent and reward for accident prevention, increasing morale and productivity, and encouraging feedback.
GiftCard Partners makes using gift cards a budget-friendly choice.
Contact us today to get the best discounted rate on volume purchases from some of America's top selling gift card brands.
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