Wellness Program : Staff Member Ignores Doctor, Company Pays.

November 25, 2010

When an employee ignores directions from a doctor, who’s responsible when the employee causes a serious accident on the job?
In some cases, it’s your firm that ends up on the hook – both for workers’ comp and for other people ’s injuries caused by misuse of a prescription drug.
Situations such as these raise three questions [...]

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Wellness Program : The Cost of a Drunk Worker.

November 24, 2010

Having even one problem drinker on your health plan – including a covered family member with abuse issues – can cost your organization big.
Some estimates place the potential cost as high as $35,000 a year per case. What’ your company’s risk?
Many wellness programs are geared toward managing employees’ health risks associated with diseases like diabetes [...]

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Wellness Program : Prescription Benefit Ripoffs.

November 23, 2010

It’s easy to feel like your PBM holds all the power over you. In most cases, it does.
A landmark 2004 study compared what pharmacy benefits managers (PBMs) charge corporations’ plans to what they actually pay pharmacies.
Scientists found staggering overcharges – namely for generic drugs. Unfortunately, four years later, the situation has hardly changed. All [...]

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Wellness Program : Worker Recognition and Wellness Programs.

November 22, 2010

The best staff member recognition practices are often the simplest.  
Here is one that’s lately been adopted at the publishing corporation where I work –  a progam called “See something good, say something good.”  It’s a way for personnel to bring positive attention to things that their coworkers, managers and the company’s different departments do [...]

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Wellness Program : Three Ways Health Promotion Programs Fail.

November 21, 2010

When it comes to wellness programs, it can be tough to get past all the hype. Here’s how to avoid the three most common traps companys fall into.
Trap #1.  The “one-size-fits-all” approach
For good reason, your organization does not simply copy other firms’ 401(k) plans or compensation designs. Yet, all too often, firms adopt ill-fitting health [...]

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Wellness Program : Staff Member Pay Issues.

November 20, 2010

Variable compensation could be a great way to satisfy demand for higher pay while addressing senior management’s need to increase productivity and keep base salaries under control.
But there are some major pitfalls.  Here are two proven ways to avoid the most common legal and return on investment risks.
Non-exempt employees
Beware when you use variable comp as [...]

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Wellness Program : Insurance Agent Concerns.

November 19, 2010

Shopping for heath plans through a broker is a fact of life for the vast majority of businesses. But how well is your broker meeting your needs?
And how can you work together better to minimize costs while getting maximum bang for your organization’s benefits buck?
What’s New in Benefits and Compensation conducted an exclusive survey of [...]

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Wellness Program : Presenteeism.

November 18, 2010

Which costs your business more – personnel who miss work or ones who show up physically but take a mental PTO day?
For most corporations, it’s the latter. So why do even savvy senior level managers and finance directors (we’re not just talking about the bean-counters) worry about absenteeism while downplaying so-called presenteeism as a drain [...]

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Wellness Program : Employee Recognition Ideas.

November 17, 2010

Any benefits HR/manager can adopt these ways to make workforce feel more appreciated.
The common thread –  using your own communication skills as a powerful tool for increaseing morale.
1. Put in face time
When time permits, managers may want to put in some “face time” with employees. This in and of itself is a type of worker [...]

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Wellness Program : Just how Recognition Programs Fail.

November 16, 2010

Looking for recognition ideas that get results?  Here are two keys to success –
The most common characteristics of high-Return On Investment (ROI) recognition programs – regardless of their monentary value – are their spontaneity and perceived value by workers themselves.
In reality, the cost of some of most effective spot awards and bonuses often [...]

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