...relationship between human capital and the importance of job satisfaction and motivation when selecting employees.] | Written by: Hugo Todorovic-Gatsby | Motivating employees to complete a task is the easy part, but the real challenges that companies face in today’s demanding global markets are motivating those employees to work to the best of their abilities, and guiding their efforts to the vision and values of the organization. For a company to achieve its objectives in productivity, they must hire the employees that best “fit” into their organization’s beliefs and vision. Retaining human capital through job satisfaction and motivation are one of the most critical goals for any organization trying to expand its business model. This paper gives an understanding of the relationship between human capital, and the importance of job satisfaction and motivation when selecting employees. Human capital, job satisfaction and motivation are interrelated terms that are used every day of our lives however, not everyone knows exactly what it takes to effectively motivate employees. The ideology behind retaining human capital is simple: companies spend time and money developing employees that they feel display competencies that will greatly benefit the company in the future. Alongside the developmental stages, companies offer incentives, benefits, rewards and perks to encourage, motivate, and ultimately keep their employees satisfied in an effort to keep them engaged in their...
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...STRESS ON BUSINESS EMPLOYEES AND PROGRAMS OFFERED BY EMPLOYERS TO MANAGE EMPLOYEE STRESS (Business Report) 2015-2016 Suraydah R. Bod-oy Accounting Manager Table of Contents Introduction 3 Statement of the Problem 3 Significance of the Study 3 Scope of the Study 3 Review of Related Literature 4 Methods of the Study 5 Limitations of the Study 5 Introduction 6 Findings 6 Conclusions 10 Recommendations 11 Bibliography 12 Questionnaire 13 Section I Introduction to the Study Introduction Today, many organizations and employees are experiencing the effects of stress on work performance. The effects of stress can be either positive or negative. What is perceived as positive stress by one person may be perceived as negative stress by another, since everyone perceives situations differently. According to Barden (2001), negative stress is becoming a major illness in the work environment, and it can debilitate employees and be costly to employers. Managers need to identify those suffering from negative stress and implement programs as a defense against stress. These programs may reduce the impact stress has on employees' work performance. Statement of the Problem The purpose of this study was to determine the negative effects of stress on employees and the methods employers use to manage employees' stress. Significance of the Study There are three primary groups that may benefit from this study. The first group, consisting of employees in today's business...
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...recommendations on retaining current employees in this economic recession. LETTER OF TRANSMITTAL TO: FROM: DATE: October 17, 2012 SUBJECT: Recommendation Report Dear Ms. Mason: This report provides recommendations on employee retention in this economic recession. In an effort to prevent dissatisfaction in the workplace environment, I’ve compiled this report that will provide an in-depth analysis of the situation. Access Mortgage could potentially lose key staff based on the lack of financial compensation. In order to limit turnover and unpleased workers, this report will include the best recommendations on retaining employees. I’ve compiled data with the assistance of internal and external research, case studies, and industry specific analysis. If there are any question or concerns please reach out to me and I’ll be happy to answer any of your questions. Thank you. Farin Clementine TABLE OF CONTENTS LETTER OF TRANSMITTAL………………………………………………………ii EXECUTIVE SUMMARY…………………………………………………………………………..iv PROBLEM……………………………………………………………………………5 BACKGROUND……………………………………………………………………...5 BODY…………………………………………………………………………………6 CONCLUSIONS……………………………………………………………………....8 RECOMMENDATIONS…………………………………………………………..….9 WORKS CITED……………………………………………………………………...10 EXECUTIVE SUMMARY This report serves to recommend best policies and procedures in an effort to retain employees. This will include information ranging from health/wellness to workplace flexibility options...
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...workplace wellness programs that can be offered to employees to encourage them to take steps to adopt healthier lifestyles. Some employers provide a comprehensive workplace wellness program; while others have very few activities that promote healthier lifestyles. Some workplaces may lack to provide and promote a healthy lifestyle. Investing in a company's employees, by providing a wellness program within the workplace, would benefit performance on the job immensely. Workers tend to be happier and more productive when they are feeling well, both physically and mentally. The welfare of employees has a fairly large and direct impact on the success of the company, since they are the company’s greatest assets. Workers are also more likely to remain with and appreciate an employer that values them. As stated in an article for Purdue University, “Numerous studies show that promoting wellness and disease prevention in work settings is effective in many ways, including increasing employee wellness and providing companies a return on their investment.” Companies can average a $3 return for every dollar spent on wellness programs. 1 Using a wellness program can make a positive change happen to each person who utilizes it. One will have more energy from eating healthy and working out to give more attention to their family and friends when arriving home from work. Not only will one be more able to complete their job responsibilities, but workplace wellness programs can help employees get healthier...
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...Seven Categories of Work-Life Effectiveness Successfully Evolving Your Organization’s Work-Life Portfolio • Caring for Dependents • Health and Wellness • Workplace Flexibility • inancial Support F for Economic Security • Paid and Unpaid Time Off • Community Involvement • liciting Management E Buy-In and Transforming Organizational Culture C1 Defining Work-Life Effectiveness Work-life refers to specific organizational practices, policies and programs that are guided by a philosophy of active support for the efforts of employees to achieve success within and outside the workplace. These employersponsored initiatives comprise a strategic framework referred to as the worklife portfolio, a key element of the organization’s total rewards strategy to attract, motivate and retain employees. Career Build Your Portfolio Step One: Assess your present work-life situation It is easy to construct the outline of your organization’s existing work-life portfolio by performing a simple inventory of the policies, practices and programs currently offered within each category of the work-life portfolio. A useful resource for this activity is the Work-Life Audit, available on the Alliance for Work-Life Progress website. www.awlp.org/pub/selfaudit.pdf he term “work-life” refers to the T intersection of self (the worker), career (work), family and community. Self Life Family Community Creating and Sustaining a Successful Portfolio Building...
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...Wellness at work is very important as healthy staff work much better and are able to produce high quality products and services. Corporate wellness is at the very heart of staff wellbeing, staff wellness and overall employee job satisfaction. Nowadays people don’t have time to take care of their health or even take care of themselves. As a leader I will emphasize on two important parts. First on the importance of health and wellness and secondly on stress management * Set up a health and wellness in the workplace committee and have them take responsibility for implementing the selected ideas for health promotion activities * Designate a wellness coordinator for implementing action plans * Allocate a budget for health and wellness in the workplace activities * Health and wellness seminars / discussions – with guest speakers * Wellness information – notice boards, leaflet racks, information points, wellness handouts * Employee Health and wellness newsletter mainly for non-transmissible diseases * Make the employees aware of the importance of balanced diet, water, exercise and sleep. * Send periodic wellness messages to staff via email. * Encourage people to use stairs rather than elevators * Arrange for intra-company games and team building activities * Provide an onsite fitness center that is the gymnasium * Provide onsite group exercise classes like yoga * Employ doctors for regular check up at the organization * enforcement...
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...Sample Report A Formal Report Sample Reports A FORMAL REPORT THE EFFECTS OF STRESS ON BUSINESS EMPLOYEES AND PROGRAMS OFFERED BY EMPLOYERS TO MANAGE EMPLOYEE STRESS Prepared for Dr. Robert J. Olney Southwest Texas State University Prepared by Charles Dishinger Nancy Howard Bill Kiagler Sherry Seabrooke Donna Tucker November 29, 20-- S-29 Copyright © Houghton Mifflin Company. All rights reserved. Sample Reports ii TABLE OF CONTENTS Page LIST OF TABLES……………………………………………………………………… ………. LIST OF FIGURES……………………………………………………………………… ……… ABSTRACT…………………………………………………………………… ………………... SECTION I INTRODUCTION TO THE STUDY………………………………………………….. Introduction…………………………………………………… ……………... Statement of the Problem…………………………………………………….. Significance of the Study…………………………………………………….. Scope of the Study…………………………………………………………… Review of Related Literature………………………………………………… Methods of the Study………………………………………………………… Source of Data…………………………………………………… …. l iii iv v 1 1 1 1 1 2 2 3 3 4 4 4 6 6 6 6 7 8 9 10 11 S-30 Copyright © Houghton Mifflin Company. All rights reserved. Sample Reports iii LIST OF TABLES Table 1. Programs Offered by Employers to Manage Stress ........…………………………………… Page 8 S-31 Copyright © Houghton Mifflin Company. All rights reserved. Sample Reports iv LIST OF FIGURES Figure 1. Age Distribution of Respondents .......................……………………………………………. 2. Negative Effects of Stress on Work Performance...
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...Managers of any organization are challenged with the need to continually motivate employees to sustain high levels of customer satisfaction. According to Stershic, author of the book “Taking Care of the People Who Matter Most, the employees are truly the most powerful medium for conveying the brand to customers (Stershic, 2008). Employer sponsored wellness programs have been on the rise in recent years; according to a survey conducted to 361 organizations in the Chicago area by the Rush University Medical Center, the organizations are highly interested in engaging employees in healthier behaviors by encouraging healthier lifestyle habits. The organizations are realizing that implementing wellness initiatives has the potential to boost productivity and reduce indirect medical costs (Rush University Medical Center, 2012). Organizations such as Johnson & Johnson have embraced health and wellness programs towards reducing risks such as unhealthy eating, physical inactivity, and obesity among their employees, using these programs to establish company-wide performance goals (Johnson & Johnson, 2012). Figure 1. Johnson & Johnson health and safety indicators. This philosophy of caring for employees is the cornerstone of The Magnificent Mile of Wellness. The Magnificent Mile of Wellness is a Chicago-based company providing leisure, wellness, and recreational services for the employees of our corporate partners. The company’s strategic mission is to provide a secure...
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...INTRODUCTION Health and wellness in the workplace is crucial to business success. Increasingly, it is recognized that the workplace itself has a powerful affect on people’s health. When people are satisfied with their job, they are more productive and tend to be healthier. When employees feel that the environment at work is negative, they feel stressed. Stress has a large impact on employee mental and physical health, and in turn, on productivity. Companies that promote healthy lifestyle habits for employees to improve their health, often take the success of the company to heart and are likely to be absent less often for health related reasons. Employers are now offering a wide range of wellness initiatives; such as health risk screenings and assessments, healthy food choices in cafeterias and vending machines; weigh management programs on-site at employers' expense, subsidized or discounted off-site fitness courses, smoking cessation programs, on-site massage therapy and health fairs. This research paper will focus on the physical impact that unhealthy or healthy workplaces have on employees and the different programs to promote long-term wellness. There can be several benefits received as a result of a wellness program. A workplace wellness initiative can help a company to: • attract and keep employees; • reduce the costs of disability, drugs, and absenteeism; • reduce the effects of a stressful workplace; • reduce health costs or keep them contained; and •...
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...Employee Wellness Definition & Purpose of Wellness Employee wellness refers to any workplace sponsored programs that aim to help employees, boost morale, improve health and fitness and also improve productivity in the workplace. Advantages of Employee Wellness Program * Decreased Health Care Costs Many wellness programs have been proven effective in reducing company health care costs. This is because a healthy employee means no need to claim medical cost, thus minimizing healthcare expenses for the company. * Improve Workplace Morale When employees are healthy, therefore on the whole a lot happier, this would result in the employee giving better performance in his/her work. They also understand that the company is taking measures to ensure their health and wellbeing, this breeds loyalty and responsibility in the employee. * Reduced Absenteeism It has been showed that healthier employees spend lesser days away from work due to illness; this helps the company save money on down time and temporary employment. * Reduced Overall Costs With a reduction in sick leave, absenteeism and lower health costs, these will help contribute to a high amount of reduction in overall company cost. * Enhancement of Company Image as a Caring Company When an employer implements a wellness program, it demonstrates a commitment to its employees and shows a concern for their health and fitness. This is a sought-after benefit, and it may help an organization recruit and...
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...Organizational Employee Wellness Plan Sample Outline This outline is intended to be a starting point to guide state agencies in developing their own agency-specific wellness plan. The provided outline addresses specific points to consider in developing the agency plan, but each agency will need to add additional content to define adequately what and how each activity will be implemented in the agency. While the outline is presented in this format for ease of reading and brevity, a more narrative format is recommended to serve as the actual agency wellness plan. Additionally in some sections, such as Program Objectives and Program Content, the outline provides suggested objectives or program content for agencies to consider. In these sections, agency wellness planners may need to delete or add language to reflect agency-specific objectives and content. If you have any questions about the outline or developing your wellness plan, please contact: I. Program Purpose This voluntary program of formal and informal activities is designed to improve the health and well-being of all employees and reduce or eliminate health issues affecting employee health and work productivity. II. Program Objectives A. Primary Goal 1. The Employee Wellness Program will strive to increase the well-being and productivity of all employees by enhancing all aspects of health. The program seeks to increase awareness of positive health behaviors, to motivate employees to voluntarily adopt...
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...patient satisfaction. In regard to its patients, a hospital’s role is to promote healing. “Although hospitals have long been thought of as places to cure disease, new ideas about what hospitals should be and how they should function are creating new challenges for hospital designers and caregivers” (Research Design Connections, 2004, ¶ 1). The healing hospital paradigm is a new concept that some hospitals are implementing to achieve a healing environment. This paper will: explore the reasoning behind this new model; discuss components of healing hospitals, including their connection to spirituality; and identify the challenges of implementing such a paradigm. Reasoning for Healing Hospital The healing hospital model both provides and reaps many benefits. The paradigm not only benefits the patient but also the healthcare team and the community in which it serves. It has been shown to result in “patient satisfaction, improved outcomes, caregiver satisfaction with increased chance for a positive sense of meaning in work and community satisfaction” (Zarren, n.d., p. 5). The institution that implements the healing hospital model receives remuneration with business success that follows superior healthcare delivery. The healing hospital paradigm also serves to provide a useful model for hospitals that desire to move toward a more holistic approach to healthcare (Zarren). Healing Culture Promotes Wellness The healing hospital paradigm strives for wellness by creating...
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...financial incentives. The HR manager is responsible for recruitment, the fundamental role, ensuring each department within the organization is adequately staffed, compensation, and benefit packages, and keeping employees motivated. While monetary rewards have been linked to motivation so have non-monetary rewards. Some non-monetary rewards include; recognition, communication, flexible working hours, wellness programs, and education and development programs. Introduction A Forbes article investigating the significance of positive work environments mentions, a fundamental benefit creating a favorable environment is the effect it has on motivating employees. The article continues by stating, ‘Employees that are happy tend to be more productive, which is better for a business’ (Forbes, 2013). Showing that there is a correlation employee satisfaction/perception and a company’s success. Rahimli in an article refers to the changing environment, and how critical it is to keep abreast with changes in innovation, to be effective and efficient. Rahimli further remarks, if organizations aid in enhancing the skills of their employees with training, the author alleges the employee’s performance will improve. Training is indeed one way non-monetary way to motivate employees, the skills they learn can be used where ever they may go. Key words Human Resources, Human resources in Health Care, 'the function or role', (non-financial) and (non-monetary), 'motivation or incentive', motivation...
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...Alternate Viewpoints On Corporate Wellness Plans When it comes to the topic of healthy lifestyle habits, many might agree that these habits should be goals for every individual. Where this agreement ends, however, is when employers have ultimate control over your lifestyle habits. Many corporations are forcing employees to stop smoking, lose weight and improve their health to maintain employment and not be penalized (Cavico & Mujtaba, 2013). The authors explain that wellness plans will decrease stress, anxiety, absenteeism, and increase overall job satisfaction. While Cavico & Mujtaba do mention a few of the drawbacks, they maintain that corporate wellness plans are socially responsible and beneficial to everyone, which is incorrect. Cavico & Mujtaba assert that voluntary and incentive based programs are utilitarian in nature, therefore, a positive move for employers and employees. Voluntary and incentive based programs, however, appear not to be the intent of corporations in the future. According to the authors, in the next three to five years, 60% of corporations intend to penalize workers who do not improve their health (p. 111). This leads one to question if penalizing employees will still remain a positive move for employers and employees. While monetary penalties will impact an employee’s paycheck, employers may be forced to lose highly qualified employees at the hands of wellness plans. If wellness plans must be instituted, involuntary programs would not be...
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...and Receiving Feedback 19 Pillar Three: What Makes Us Happy 25 Pillar Four: Employee Wellness 36 Pillar Five: You and Your Boss 42 Pillar Six: You and Your Co-Workers 48 Pillar Seven: Personal Growth 54 Pillar Eight: Company Alignment 58 Pillar Nine: Career Satisfaction 63 Pillar Ten: Ambassadorship 66 Conclusion ABOUT THE AUTHOR Jacob Shriar Director of Customer Happiness Jacob is the Director of Customer Happiness at Officevibe, and is on a mission to make the world of work better. He believes that everyone deserves to love their job, and be happy, healthy, and productive at work. He's passionate about startups and company culture, and believes you should never stop learning. 1 PREFACE Why Did I Write This Guide? I wanted to emphasize the importance of emotional metrics, and how they affect engagement. The HR department has a real opportunity to engage workers on a deeper, more emotional level. I want managers to be able to tell how happy and healthy their employees are. I want managers to be able to measure, optimize, and improve each of these metrics so that their employees can be as happy as possible. Who Is This Guide For? This guide is for HR managers, and anyone responsible for employee happiness and company culture. If you’ve wanted to measure and improve your employees’ happiness and wellness levels, this guide is for you. If you’ve ever wondered how to improve relationships between...
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