As Unemployment Drops, Employee Retention Becomes Crucial
This interesting Canadien article pointed out a seemingly obvious but interesting point. As unemployment rates drop employees gain an advantage over employers in terms of the job search. Employers find during these times of transition, when the unemployment rate is dropping and employees tend to start to look around the job market, that they need to ensure that their employees stay happy. How to keep employees happy? Incentive programs! A poll of 429 businesses found that more often than not, business owners count on employee incentive programs to draw and maintain motivated employees. Increased employee motivation is the top priority of 88% of respondents. Gift cards are an incredibly effective way to motivate your employees. They are easy to administer and use, they hold trophy value, and show true thought when given from employers to employees. How high on your priority list is employee motivation this year? How do you incent your employees?
For more information on employee motivation in the coming year click here.
Dos and Don'ts of Gift Card Incentive Programs
In every decision we make, whether professional or personal, there are always considerations to weigh. When it comes to implementing a gift card incentive program in your company, it's crucial to navigate through the pros and cons to ensure its effectiveness. Here are some valuable dos and don'ts to optimize your gift card incentive program:
Healthy Babies, Happy Moms: Family Wellness Incentives
In 2011, Cumberland County, NJ, grappled with an infant mortality rate of 8.9 per 1000 births, attributed to missed prenatal doctor's visits. To combat this, the county initiated the Baby Love program, incentivizing prenatal appointments with gift cards. This initiative aimed to ensure the health of both mothers and babies, especially in areas with limited access to proper prenatal care.
Fast forward to 2024, the program has evolved, integrating innovative strategies and partnerships. With updated statistics showcasing the program's impact, insights into its effectiveness have emerged. New initiatives, such as universal newborn home visiting programs, complement Baby Love, fostering comprehensive maternal and child health.
Parallel to corporate wellness trends, where incentives drive healthy behaviors, Baby Love aligns with health and wellness initiatives like office weight loss programs. The CVS/Pharmacy Select Card, designed for health and wellness, exemplifies the synergy between corporate and community health efforts.
Workplace wellness programs play a crucial role in fostering a culture of health-consciousness and proactive healthcare engagement among employees. By promoting healthy behaviors and providing incentives for participation, these programs not only improve physical well-being but also empower individuals to take charge of their health. This empowerment extends beyond the workplace, influencing employees to prioritize regular medical care, including prenatal checkups. By instilling a mindset of preventive healthcare, workplace wellness initiatives encourage individuals to seek timely medical attention, address potential health issues proactively, and adhere to recommended healthcare routines. In this way, the efforts of workplace wellness programs contribute to not only the overall health and well-being of employees but also to the broader community by promoting a proactive approach to healthcare utilization.
As communities embrace collaborative approaches to health, sharing experiences becomes pivotal. Have you participated in similar programs? Share your insights and experiences in the comments.
Get more information on Cumberland County's Baby Love program and its journey.
Three C's to Maximize your Gift Card Incentive Program
Selecting the right gift card for your incentive program is crucial to its success. It's not just about satisfying your employees; it's also about staying within budget. Here are the "three C's" to help you maximize your gift card incentive program:
The Power of QR Codes and Mobile Gift Cards
In today’s fast-paced, mobile-driven world, the convenience of mobile gift cards and the rise of QR codes have revolutionized how businesses connect with consumers. QR codes, those small squares with black and white pixels, have become ubiquitous across industries—from product packaging to restaurant menus—and are increasingly tied to marketing and consumer engagement strategies. As the gift card industry continues to evolve, QR codes offer new opportunities for companies looking to innovate in how they deliver value to customers and employees alike.
