Whether or not someone takes a particular course of action often boils down to a competition between different incentives. When a criminal considers robbing a bank, he or she must weigh the negative incentive of going to prison or getting shot in the attempt against the positive incentive of potentially coming away with a lot […]
Whether it’s a sports team, a group of laborers, or a work team in a corporate office, the goal of any team leader is to create a cohesive unit that functions as one. Strong leadership can help make this goal a reality. But even the strongest leader will struggle to create cohesiveness if incentives aren’t […]
In the Information Age, companies’ most valuable asset is their human capital. Organizations compete aggressively to hire the best and brightest employees because those employees help their company outperform competitors through their ability to innovate and strategize. Therefore, it’s not surprising that companies try to get as much value as they can from these employees, […]
The Equal Employment Opportunity Commission (EEOC) recently issued guidance about whether employers may offer incentives to employees or their family members to get vaccinated for COVID-19. Although the guidelines are general in nature and don’t provide specific answers about the amount you may offer as an incentive, they do provide some clarity on the do’s […]
Employees in every industry are burdened with student loan debt. According to the latest Federal Reserve data, Americans carry over $1.5 trillion in student loans. The amount continues to grow every quarter. PricewaterhouseCoopers’ 2018 Employee Financial Wellness Survey revealed that 54% of employees are stressed about their finances, and 64% are impacted by student loans. […]
Does your organization offer “green” benefits? Green benefits are benefits that are environmentally friendly in some way. Employers may want to offer green benefits for several different reasons. First, they may be in alignment with company goals and values. Next, they may be a great way to recruit individuals who value the environment and sustainability. […]
A new survey by National Business Group on Health (NBGH) and Fidelity Investments has found that employers are expanding their well-being programs beyond physical health and are boosting financial incentives for workers who promote healthy lifestyles.
Want a healthier, more productive workforce? Research shows that well-being programs are being used successfully by companies.
Despite U.S. employers and employees placing a high priority on health and well-being, employees say that employer efforts are falling short of employees’ expectations, according to research from leading global advisory, broking, and solutions company Willis Towers Watson. A majority of employers (56%) believe their well-being programs have encouraged employees to live a healthier lifestyle. […]
Yesterday we published our interview with Gideon Maltz, executive director of Tent—an organization dedicated to aiding the men, women, and children of the world who have been forcibly displaced from their home countries. Today we’ll explore some of the common issues with refugees, and how to address them.