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Giving Effective Feedback

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Giving Effective Feedback

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Promising results

Short term impact of the changes implemented because of the Employee Financial Wellness Initiative are:

  • Fewer employees report they are running out of funds between pay periods.
  • An increase in healthcare benefit enrollment and employees upgrading their plans.
  • A higher rate of 401(k) and employee stock purchase plan enrollment.

It will be a while before the real impact of these changes is known. The next generation of business leaders should take action and prioritize and invest in their employees.

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MORE IDEAS ON THIS

Employee Financial Wellness Initiative

The four main elements to the Employee Financial Wellness Initiative.

  • Reducing the cost of healthcare.
  • Reviewing and raising wages where appropriate.
  • Making everyone, irrespective of level or position, a shareholder and long-term beneficiary of the collective succes...

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112 reads

Paying attention to employees

Paying attention to employees

In the case of Paypal, the business model drive its mission. But, while fulfilling their mission, they missed something going on inside their company. Although they ensured to pay above-market salaries and offered generous benefits, it was inadequate for some people.

Knowing that their...

10

128 reads

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rylz

Geek that loves minimal and harmonious designs. I'm learning Japanese.

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