HR Digest

MARCH 28, 2023

Absenteeism in the workplace can be a significant challenge for organizations, resulting in decreased productivity, increased costs, and a negative impact on employee morale. A key factor in managing absenteeism is understanding the hidden costs associated with it. Here are a few more strategies.

Absenteeism 111

Absenteeism Cost Strategy Management 111

HR Digest

JANUARY 28, 2022

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. Success does not come overnight. Do they drive down a company’s health investment costs or not?

Attrition 133

Attrition ROI Health Care Absenteeism 133

HR Digest

SEPTEMBER 12, 2018

One of the major challenges in productivity is the lack of workforce – absenteeism. There are some factors that also contribute to the success of workforce absence management. Steps to a successful absence management program. Employers can establish a successful absence management program by following these recommendations.

Management 64

Management Absenteeism Incentives Short-term 64

Strategy Driven

APRIL 2, 2014

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.

Motivation 51

Motivation Incentives Chief Executive Officer Absenteeism 51

Harvard Business Review

MARCH 31, 2016

The honest answer is that some are successful while others fail. 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. A company like Dow Chemical is a success story in this way. Paying people to change their habits.

Planning 8

Planning Incentives ROI Long-term 8

Harvard Business Review

AUGUST 1, 2016

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. This was the targets group.

Hawthorne Effect 8

Hawthorne Effect Efficiency Metrics Incentives 8

Harvard Business Review

OCTOBER 30, 2013

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. Leaders have a large degree of autonomy and consequently develop the sense of ownership crucial to success.

Teamwork 9

Teamwork Absenteeism Class Motivation 9