Why Cash Rewards Don’t Motivate Employees—What You Can Do Instead
If you’re leading a team, running a business, or managing HR initiatives, you’ve probably used cash as an incentive at some point. It seems logical. Give people more money and they’ll work harder. But here’s the catch: the research doesn’t back that up.
Insurance Brokers: The New Wellness Consultants
Insurance broker involvement in wellness programs is on the rise. In the past insurance brokers may have helped human resources departments select and negotiate the best insurance plans for their workforce. But with the introduction of the Affordable Care Act and the incentives that are geared toward employee wellness, a broker’s job role is expanding. Now just how far that expansion reaches is still dependent on the broker. The graph below is taken from
RAND’s latest employer survey and breaks down the involvement levels that different insurance brokers have in their clients’ wellness programs.
How to Get Repeat Customers: 5 Retention Strategies
In the dynamic landscape of business, attracting customers is challenging, but the real success lies in retaining them. Repeat customers not only boost revenue but also act as brand ambassadors. To create a robust and loyal customer base, businesses must implement effective strategies that go beyond initial transactions. This blog post explores key methods on how to get repeat customers, offering insights that can significantly impact customer retention.
Premium Reductions No Longer Rewarding
Premium reductions are becoming less effective when it comes to employee health and wellness programs. We recently wrote about how cash isn’t king when it comes to rewards and incentives, and the same can be said for rewarding and incenting employees for healthy behaviors.
Smoking at Work: Not What it Used to Be
Smoking at work is not what it used to be. In the days of Don Draper, it was something everyone did, all the time, whether they were at work or home. Now, it's difficult to find a restaurant that even has a smoking section. According to a recent SHRM study that addresses smoking at work, employers have smoking cessation programs on their minds. According to the survey, 47% of responding employers restrict their employees smoking in some way during working hours.
