As the U.S. starts to return to work and the new “normal,” there are four factors risk management expert Pete Edgmon says employers “need to be mindful of.” They are: Employee demographics: Firms have to consider the nature of the company when evaluating health plan costs. For example, do employees do strenuous labor or do […]
When employee incentives are used correctly, they can have a substantially positive impact on the entire workforce.
Encouraging employees to give throughout the year, will allow you and your employees to respond to the needs of your community when it’s needed the most.
Research shows that weekly profits can increase dramatically for companies that have effective incentive programs in place.
Workplace culture can be similar to the weather — everybody talks about it, but who actually does anything to change it? Guest poster Sandeep Kumar offers seven steps employers can take to improve their day-to-day working environments.
Businesses cannot celebrate the holidays the old-fashioned way, but that doesn’t mean they shouldn’t invest in their employees this season.
The pandemic’s had a negative impact on women in the workplace. Why is this? Because caregiving responsibilities and other unpaid, informal labor are performed by women the majority of the time. In 2020 alone, it’s estimated that women lost more than 5 million jobs, according to the new report “The gender gap widens: Three critical […]
Remember when a stocked fridge and pool table in the break room were the coolest perks for employees? Now it’s a different game when it comes to motivating, incentivizing and rewarding employees. What kind of perks and benefits can excite employees – who either work remotely or socially distanced? “High fives and kudos around the […]
Performance-based pay is likely the most common feature of the compensation structures of U.S. companies, experts say. And guess what? It’s also likely to be affecting your workers’ mental health. When employers transitioned to a pay-for-performance compensation plan (based on bonuses, commissions, profit-sharing, etc.), workers showed an increased use of anxiety and depression medications: 5.7% […]
As states ease restrictions put in place by COVID-19 stay-at-home orders, employers are grappling with multi-faceted risk analysis and questions regarding the best way to recall employees to work: When should we reopen? Should all employees come back at once, or should we recall employees in waves? If we don’t call all employees back at […]
Rewards matter. Sure, salary and benefits are key factors, too. But for any good employee, being recognized for effort is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention and productivity.
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