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Wellable Blog: “The holiday season is here and with it comes employee rewards season. Rewarding employees with bonuses for their work performance or hosting a holiday party are fairly common rewards this time of year. Rewarding employees for healthy behavior is also growing in popularity.”
“Through wellness programs, employers can provide financial and non-financial rewards to employees who engage in healthy activity.”
“Employee wellness is not one-size-fits-all and it’s important to remember that rewards are not one-size-fits-all either. When tailoring a customized wellness program for employees, it is essential to find rewards that best drive engagement for the respective employee population.”
Business Insider: “Recent studies show that employees respond better to non-cash rewards and other incentives than they do to an extra injection of moolah. It is, however, a fine line. According to the Journal of Economic Psychology, employees do choose cash over non-cash rewards when given the choice in the abstract. But they change their minds when presented with a specific non-cash reward. More important, other research suggests that non-cash incentives produce a greater measurable boost in productivity than cash does.”
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