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Tag Archives: Compensation and Benefits

Enhancing Workplace Wellbeing: Ways To Maximize Employee Health

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Towards a healthier workplace

Look around most offices these days, and it’s fairly obvious just how healthy we already are. With our water coolers, air conditioning, and bright, comfortable surroundings, those of us who work in a modern office environment are really very lucky in many respects. Health and safety legislation plus advanced technology has meant that the contemporary workplace is somewhere that allows us to give our best in an environment that’s geared towards safety and comfort.

But although we’ve come a long way over the years, there are still things we can do to continuously improve workplace wellbeing and employee satisfaction levels.

Workplace wellbeing strategies and productivity

Studies have often indicated that happy and healthy staff are more productive, and in looking to minimise sickness absence, many organisations are also helping to increase employee satisfaction along the way. Benefits that are offered as part of an employment package can include the following:

  • Providing private medical insurance for staff
  • Offering an employee assistance programme
  • Health & wellbeing benefits such as subsidised gym membership

Having staff health cover means that in the event they fall ill, they will be treated promptly and in good quality surroundings. It also means that waiting lists, which can be lengthy, are avoided.

One useful way of helping staff is through the provision of an employee assistance programme. These provide (among other things) counselling for staff who may be going through difficulties in their life outside of work, such as bereavement or divorce.

Measuring employee satisfaction

While employee benefits such as health cover are popular – and also a useful tool in helping to attract and retain the best staff – it’s also useful to get some feedback on how you’re doing. This is where employee satisfaction surveys come in. There are some good guides on the bigger HR and personnel sites showing how to build an employee satisfaction survey.

In some cases, staff may have concerns about the confidentiality of their survey response. However, one way to guarantee the anonymity of survey returns is to use the services of a third party company.

Employee satisfaction surveys can also be a useful way to engage employees – this can be done by involving them in the survey by consulting them on the scope of the survey, and the kind of things it should ask.

Going foward with a wellbeing strategy

Once your wellbeing strategy is in place, it can be reviewed periodically and any changes that need to be made can be implemented. It’s worth keeping up with all the up-to-date news on employee engagement and wellbeing by looking at the major HR and personnel news websites, as there are often quite in-depth articles on the subject discussing all the latest developments.

About the author: Jen Jones writes on small business health insurance and wellbeing topics for various UK and international health and business websites.

 

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Innovative Employee Rewards

Working for yourself is one thing because you get to enjoy the perks and benefits of owners and CEO’s, but those working under others are often not privy to the incentives for management. Employee rewards are becoming more common place as companies realise that staff are much less productive and enthusiastic without recognition and benefits.

A Few Innovative Employee Rewards

Flexibility: This is one of the key rewards for employees. People chained to desks from 9-5 are restricted to the access they have to the things in their personal lives that require attention, such as children and household issues. More flexible work hours give employees an incentive to prove they are capable of doing the job, while tending to their important lives outside of the office.

Incentivise: Show employees recognition for their hard work by giving vouchers for a spa day or comedy show tickets. A little something to help them unwind, or give them a good laugh, shows employees that they are valued, goes a long way to building loyalty.

Lunch: Reward staff with a buffet lunch where they can take a step back from the office and stuffy work involved. Many companies treat their staff like machines and expect lunch to be taken at their desks while veering off the work course is frowned upon. This is the best recipe for companies looking for high staff turnover. Some companies will reward employees or a single employee with a voucher for a lunch date for them and five of their friends.

Throw a Party: This is one sure-fire way to show employees you appreciate their time, effort and input into your company. Employee rewards go a long way to boosting morale, productivity and loyalty. Staff who get to enjoy a party for no reason other than just being rewarded for good work, are naturally inclined to always give their best.

Many companies work hard for their employees, and as a result employee’s work hard to ensure they give their best. Incentives, benefits and employee rewards are the primary driving force behind these people, who are often the backbone of big companies, making a concerted effort to go the extra mile.

It’s often disconcerting that one would have to remind the guys at the top of the ladder to not take their staff for granted. Most of us were raised to show gratitude and courtesy, and this has found a way into the work place as more bosses give more employee rewards. Thank goodness for evolution.

As a prolific writer Vida Denning has freelanced for a variety of businesses and her recent stint at a Reading office space was extremely inspiring in how staff are rewarded and motivated.

 

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Negotiate for What You’re Worth

Discussing salary can make even the most confident person cower in the corner. Money can be an incredibly uncomfortable topic and negotiating for a better salary can be intimidating. If you have recently graduated with your MBA and find yourself in the competitive job market, it is in your best interest to know what you’re worth. Here are some great tips for negotiating the best possible salary right out of school:

Average Salary

There are several sites online that you can use to research the average salary for the position you are interviewing for. This will give you an idea if the salary you are being offered is fair or if you are being low-balled and have room for negotiation. Check out http://www.payscale.org and http://www.vault.com to research thousands of positions.

Talk to People

One of the best ways to get a feel for a great offer is to talk to others in the same position in similar companies. If you find out that people are making more elsewhere, you have opened the door to negotiating with the human resource manager. Explain to them that you have researched other companies and what they are offering and ask if they can better their offer.

Start Higher

Many companies have wage scales in place for the various levels or grades within their company. If you can’t negotiate a better salary, try to negotiate a better starting level. If you can perform the job there is nothing wrong with asking to start at a higher grade. Not only will this net you a better starting salary but it will also give you a leg up on those that came in on the ground floor.

Your Personality

While it may be surprising to you, your personality has quite a bit to play in the salary you are offered. People that will mesh well with the company culture are often offered more in the way of wages than those that won’t. Do your research and apply to companies that have a culture you are well suited for. For instance, if you are type-A in overdrive, you don’t want to apply for a company that has a laid-back culture. Not only will they not be the right company for you, you will not be the right employee for them.

Time it Right

The time to start talking about salary is not at the beginning of the interview or even at the end. The best time to negotiate is after you have been given a firm job offer. At that point, negotiations are wide open. The proper approach to negotiating after a job offer is to take your time. Don’t jump at the offer, instead, schedule a meeting to discuss the offer, cement your job responsibilities and negotiate a better salary if warranted.

Be Flexible

A company may not be able to offer you more in the way of salary but they may be able to sweeten your benefits package. Weigh your options! You may be better off taking a lower salary with a great company than a higher salary in a less desirable position. If the company you want to work for can’t offer you more money, ask if they can offer you better health insurance coverage, more time off or anything else that you think would benefit you. It doesn’t hurt to ask; these are negotiations after-all.

Andy Anderson is a career counselor who writes for BusinessMBA.org, a site featuring extensive information and listings for the best accounting MBA programs available.

 

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