Type what you would like to search and hit enter

Blogs

SEVEN QUESTIONS TO ASK WHEN IDENTIFYING THE RIGHT PARTNER FOR YOUR EMPLOYEE ASSISTANCE PROGRAM (EAP)

Employee Assistance Programs (EAPs) are employee benefit programs that assist employees and their family members with personal and work-related problems. EAPs are the unsung heroes of a benefits platform because it can genuinely change how employees feel about themselves and about the company.

SEVEN STRATEGIES FOR HELPING EMPLOYEES MAKE MEMORIES

Many companies incent and reward their employees with cash. “Our top performance receive 100%+ of their annual bonus.” Or “Spot awards and gift cards are great for finishing a project early.” And “Complete your health assessment and participate in biometric screenings and reduce your insurance contributions!”

Cash is king. However, the stickiness, engagement and behavior motivation that companies are looking for come in a different form – helping employees make fantastic memories with the company, with their spouses and with their families.

THE PITFALLS OF UNLIMITED VACATION

One of the latest trends to help mitigate cost and create a value-add for organizations is the concept of “Unlimited Vacation”. Organizations tout (especially those in the technology sector) that this allows employees to take as much time off as they need to recharge, refresh and relax. Where philosophically this is great - a world where employees are free to manage their busy schedules by incorporating work into their life versus trying to incorporate a life around their work sounds like nirvana– unfortunately, it’s not all rainbows and unicorns.

MONEY AND WELLNESS

Everyone these days is thinking and talking about wellness in the workplace. When companies spend, on average, $10,000 an employee annually for healthcare (not to mention absenteeism costs) helping people become healthier makes smart business sense.

The real question is how do you create a program that will remove the obstacles that are in the way of employees engaging in your wellness program and get them to actually take charge of their health? That’s the million-dollar question, isn’t it (or in some companies the multi-million dollar question)?

CHOOSE AN EXECUTIVE COMPENSATION CONSULTANT (BY JACK CONNELL, EXEC COMP CONSULTANT)

Now more than ever there is a big, bright spotlight on Executive Compensation. It is not just your executive team looking at these plans anymore. It is the SEC, your shareholders, employees, customers and even the press. Finding the right consulting firm (whether it is a large global organization or a small boutique firm) that has the perfect balance of technical knowledge, creativity and chemistry is challenging. When selecting an Executive Compensation consultant, it is important to focus on eight key factors.