The Four Vs of Employee Motivation: Velocity, Visibility, Value, and Valor

Strategy Driven

According to Gallup’s 2013 State of the American Workplace report, “engagement makes a difference to the bottom line,” which can have an impact on productivity, profitability, customer service, turnover, and absenteeism. The study showed a 27 percent performance increase when an incentive was offered for persistence toward a company goal. Not all encouragement, engagement and incentive programs are created equal, however.

Do Workplace Wellness Programs Save Money? We Find Out.

HR Digest

A study conducted by Harvard in 2015 found for every dollar spent on wellness programs, the employer saves $3 in healthcare costs and another $3 in absenteeism. They provide financial incentives or other resources to stay healthy.

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How to Reduce Employee Turnover Rate

Strategy Driven

Flexibility defines things like working hours, collaborations, workload, deadlines, and rules about absenteeism and reporting to work. Money is a great incentive that you can use to lure employees into dedicating their time and effort to meeting the company’s goals.

3 Reasons to Allow Pets in Your Workplace

Lead Change Blog

Increased workplace monotony contributes to low productivity, stress, and employee absenteeism. Your employees may be motivated to come in to work just to check on the little guy! Willing, motivated employees are the ones most likely to perform at their best. The chance to interact with a company critter is a wonderful incentive to get through the rest of the day. Emotional support animals and therapy pets have risen in popularity over the years.

Why Dr. Deming’s Work is So Important to Me

Deming Institute

Thankfully, I also had some very good managers who still fell victim to conventional wisdom management ideas, such as a store manager creating special sales incentives and contests that seemed silly and unnecessary. My co-workers and I didn’t understand why we had to be motivated to sell video game systems during the holiday shopping season, since that’s what we already enjoyed doing ( read more about it in this post from my blog ). Guest post by Mark Graban.

How to Tell Your Boss That You’re Not Engaged at Work

Harvard Business

” He noticed that organizations tended to overlook the influence that everyday experiences have on people’s work motivation, focusing instead on their talents, skills, and expertise. Meanwhile, lower engagement has been linked to a range of problematic outcomes, such as increased turnover, absenteeism, and stress. When people are highly motivated, both are very similar. Camelia Dobrin/Getty Images.

Virgin Atlantic Tested 3 Ways to Change Employee Behavior

Harvard Business

For many years, teams at Virgin Atlantic have been testing ways to motivate efficient decision-making in the cockpit. The third treatment group received monthly performance information, targets, and an incentive for achieving their targets (£10 donated to the charity of choice per target achieved)—this was the prosocial incentives group.

What Corporations Can Learn From a 4,000-Person Parade Extravaganza (Seriously)

Harvard Business Review

Sena, a supervisor in a company that sells credit to the upcoming Brazilian middle class, thinks corporations underplay this element and rely too much on the motivational power of financial incentives. It is no wonder that corporations in Brazil suffer from high absenteeism and turnover. Global business Motivation Organizational culture The samba schools that compete in São Paulo’s annual Carnival parade are big, complex organizations.

How to Design a Corporate Wellness Plan That Actually Works

Harvard Business Review

But providing feedback reports that remind employees that smoking, not exercising, or being overweight is unhealthy does not motivate change unless workers are given the tools and resources to actually change and track their behaviors. While financial incentive programs are popular, they may not achieve long-term behavior change; instead, they may lead to resentment and even rebellion among workers. Offering smart incentives.

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Technology Is Helping Shape the Future of Health Care - SPONSOR CONTENT FROM DELL AND INTEL®

Harvard Business Review

For example, an FDA-cleared mobile app that delivers real-time motivational messages, behavioral coaching, and educational content right to the mobile devices of patients with Type II diabetes has demonstrated significant drops in their A1C levels. Chronic illnesses affect businesses through absenteeism and retention problems, and businesses are uniquely positioned to promote healthy lifestyles for workers and their families.

To Reform Capitalism, CEOs Should Champion Structural Reforms

Harvard Business Review

Its weaknesses, like short-termism, speculative trading, absentee ownership, profit- and shareholder-centric orientation, inability to account for non-monetary value, exploitation of labor, and extractive use of natural resources are creating too many disruptions across the globe for the model to survive. Educate and Motivate Others. This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System.

Do CEOs Really Have the Power to Raise Wages?

Harvard Business Review

He did have a problem with absenteeism. It suggests that firms sometimes have an incentive to pay workers more than the going rate because doing so attracts better candidates, motivates them to work harder, and encourages them to stay at the company longer. But the story of efficiency wages doesn’t start and stop with traditional economic incentives.