courseware on employee recognition

now browsing by tag

 
adaptability Anger Management training attention attention management business coaching business coach training business communication business skills business skills training business soft skills business training courseware Critical Thinking Critical Thinking training employee training executive coaching Increasing your happiness Interpersonal Skills Interpersonal Skills Training leadership leadership training life coaching life coach training Sales Courseware sales training Sales Training Material softskills soft skills soft skills training soft skills training material softs skills team building Team Building Courseware team training train-the-trainer trainer trainer training training training material training materials Training Materials on Team Building training on life coaching training on sales Training on Soft Skills workplace training
 

Posted by: | on October 30, 2014

Employee Recognition

Attendance & Wellness Incentives –
Attendance incentives are based only on attendance. A good way to utilize an attendance incentive is by adding it to a yearly review. An employee may feel motivated to go to work more often if they have a chance of obtaining a raise. Unscheduled absenteeism is a chronic problem for U.S. employers, conservatively costing $3,500 per hourly employee, and $2,500 per salaried employee per year. Keeping employees motivated to go to work is essential to a company’s success.
Many companies are starting to realize that healthier employees mean lower insurance costs, and higher productivity. Wellness incentives are being used to help employees adopt and maintain a healthy lifestyle. Keeping those employees healthy means better attendance rates.

An employee wellness incentive plan can come in many different forms:

  • Rewarding employees for attending no-cost health education seminars
  • Waiver of co-pay under a group health plan for preventive care
  • Providing employees with free flu shots and required vaccinations
  • Reimbursement of costs for participating in a smoking cessation program
  • Reward for completing a health risk assessment
  • Reimbursing workers for gym memberships
  • Offering weight loss programs
  • Providing free health coaching
  • Offering insurance-premium discounts to those who meet health standards

A study conducted by Harvard University found wellness program returns to be about $3.27 per dollar spent in reduced medical costs and $2.73 per dollar spent in reduced absenteeism costs. Excessive employee absences can reduce productivity, lower morale, and increase rates of job turnover. Keeping your employees happy and healthy just makes ‘cents’!

 

 

For more on Employee Recognition, please visit:
https://corporatetrainingmaterials.com/course/Employee_Recognition

 

 

Posted in 2014, Human Resources | Comments Off on Employee Recognition
Tags: , , , , , , , , , , ,