Child Care Benefits and Employee Retention

Lead Change Blog

Child care benefits are more of an investment than an expense since it lowers turnover rates, raises morale, and avoids employee absenteeism due to childcare. The company must offer some kind of last-minute assistance to avoid employee absenteeism due to child care. This is enough financial incentive for employers to not only inform but also to encourage the use of family-friendly benefits. When working parents struggle with work-life issues, it affects employers as well.

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.

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3 Reasons to Allow Pets in Your Workplace

Lead Change Blog

Increased workplace monotony contributes to low productivity, stress, and employee absenteeism. The chance to interact with a company critter is a wonderful incentive to get through the rest of the day. Stress-related physical illness is one of the greatest causes of absenteeism and one of the greatest contributors to rising healthcare costs in the workplace. A new furry, feathered, or finned employee could be the most valuable asset to your company’s team!

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

Harvard Business

For instance, two people with similar skills and backgrounds may be working for the same company, in the same team, and have very similar roles — yet one of them may be totally immersed, enthused, and fulfilled, while the other is fed up, bored, and alienated. You and Your Team Series. Meanwhile, lower engagement has been linked to a range of problematic outcomes, such as increased turnover, absenteeism, and stress. 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.

The Research is Clear: Long Hours Backfire for People and for Companies

Harvard Business Review

There’s another that says all of us, including senior managers, are basically flotsam buffeted about by the eddies of economic incentive, corporate culture, and technologies that keep the office just a tap away. But they’re also terrible for a company’s bottom line, showing up as absenteeism, turnover, and rising health insurance costs. Predictable, required time off (like nights and weekends) actually made teams of consultants more productive.

How to Design a Corporate Wellness Plan That Actually Works

Harvard Business Review

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. This is because many traditional incentive programs are grounded on the assumption that people will behave in certain rational ways if paid to do so. Offering smart incentives.

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