Tag: incentives

Wellness

Increased Use of Metrics, Incentives among 2017 Wellness Program Trends

An increased use of metrics, incentive and wearables are three trends in wellness programs according to a survey conducted among 8,000 of America’s Healthiest Employers, a leading independent recognition program for U.S. corporate population health.  The survey report, The State of Corporate Wellness, conducted by Springubk and Fitbit Health Solutions, reveals what America’s healthiest employers […]

Case Study: HR as a Vital Catalyst for Company Success

Organizations that deliver extraordinary results typically embrace an absolute clarity of purpose and then align essential internal systems, incentives, goals, activities, and functions to achieve it. Many notable businesses that exemplified such absolute clarity described their purpose with a short phrase such as Apple’s: “Insanely great products;” General Electric’s: “Number 1 or 2 in any […]

banking

Sales Compensation Strategy 101

Setting the compensation strategy for the entire organization is no small task, especially when certain groups may warrant their own separate compensation strategy, as they have differing goals and objectives.

Wellness programs

Tips for Improving Employee Participation in Wellness Programs

Many employers offer employee wellness programs with the intent of improving overall employee health levels. Improving employee health has the long-term benefit reducing unplanned absences and can even boost productivity. It can reduce healthcare costs for the employee, which then may, in turn, reduce healthcare benefit costs for everyone. It can have the added benefit […]

rewards

How Employee Incentive Programs Can Benefit from Behavioral Economics

When James Brewer stepped into his role as U.S. Director of Reward and Recognition at pharmaceutical company Eli Lilly in 2011, it was going through a transformation. He was tasked with coming up with a new incentive plan for employees—particularly its sales reps—that aligned with the company’s new corporate strategy, Brewer explained to an audience at […]

mentor

3 Ways to Crowdsource Your Company Mentorship Program

A good mentorship program has many benefits. It keeps employees engaged and makes them willing to stay with the company for a longer period of time. It’s a benefit many Millennials are hoping to experience as they make their way through their professional careers. In fact, a 2016 Gallup study, How Millennials Want to Work and Live, found 87% of Millennials believe professional development is important within a job.