SlideShare a Scribd company logo
1 of 13
Employee Experiential Rewards:
Recruitment & Retention Program
Todd Farina, RN, BSN, MHA
September 2015
“...happiness is in the content of moment-to-
moment experiences” (Hamblin, para 2, 2014)
Provide Lasting Impressions
Monetary is
momentary Memories are
forever
Create an Employee Experiential
Reward Infrastructure
Offer opportunities for employees to “cash-in” on memories
instead of money.
• Money has a measureable value
• Once money is spent it is gone
• Basic monetary rewards are impersonal
• Creating lasting experiences are invaluable and last forever!
Create an Employee Experiential
Reward Infrastructure
Provide more opportunities for employees to:
• Create happy memories
• Be rewarded for their hard work
• Celebrate employment anniversary milestones
• Enjoy wellness through a sustainable workplace
environment
• Become emotionally invested in their workplace
MoneyWell Spent:
Investing in experiences
• Have a lasting value
• Create relationships and memories
• Produce anticipations and excitement
• Promotes internal motivations to achieve goals
What to invest in?
Employee Recognition Events
• Annual Company Picnics
• Zoo
• Museums
• Aquariums
• Parks
• Ranches
Employee Relation Events
• Sporting Events
• Bowling Parties
• LaserTag
Experiential Get-Away Rewards
• Weekend getaway
• Spa services
• Movie night packages
• Golf Outings
• Water Park Admissions
• Ski trips
• Vacation packages
• Indoor Skydiving
Tenured Employee Perks
• Preferred parking
• Additional discounts at coffee cart or café
• Employment anniversary packages of choice:
• All expense paid weekend getaway
• Press Box seating for professional sporting events;
arrange for employee to throw out first pitch
• Trips
• Wine
• Gourmet dinners/restaurants
EmployeeWellness:Healthy Employee Environment
&
Healthy Habits
Sustainability means to carefully protect current resources for future use and
future generations (Schroeder et al. 2013).
Additional considerations to creating a sustainable workplace:
• Focus on employee wellness
• Sustain a healthier workforce
• Incorporate healthier habits in the workplace
• A place employees go to exercise
• A good habit is hard to break
• Create a workplace community of healthy habits
Healthier Employee options
• Ergonomic workplace
• Avoid prolong sitting
• Sit-n-stand desks
• Lumbar support chairs
• Employee exercise activities
• Nutritional coaching (café well)
• Fitness coaching
EmployeeWellness Program
• On-Site Biometric Screenings
• Evidence-Based Group Health Management
Programs
• IndividualWellnessCoaching
• Exercise Classes
• On-Site Gym
• Challenges
• Walking Club
• HikingClub

More Related Content

Viewers also liked

Energía solar trabajo final
Energía solar trabajo finalEnergía solar trabajo final
Energía solar trabajo finalfinalteam
 
L’energia solar
L’energia solarL’energia solar
L’energia solarplametller
 
Actividad #4 Aspectos Legales
Actividad #4 Aspectos LegalesActividad #4 Aspectos Legales
Actividad #4 Aspectos Legalesestefania guizado
 
Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...
Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...
Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...estefania guizado
 
La gastronomie française
La gastronomie françaiseLa gastronomie française
La gastronomie françaiseMónica Prado
 
Google Glass, Project Aura and the Segway strategy
Google Glass, Project Aura and the Segway strategyGoogle Glass, Project Aura and the Segway strategy
Google Glass, Project Aura and the Segway strategyJason Fernandes
 

Viewers also liked (6)

Energía solar trabajo final
Energía solar trabajo finalEnergía solar trabajo final
Energía solar trabajo final
 
L’energia solar
L’energia solarL’energia solar
L’energia solar
 
Actividad #4 Aspectos Legales
Actividad #4 Aspectos LegalesActividad #4 Aspectos Legales
Actividad #4 Aspectos Legales
 
Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...
Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...
Implicaciones Eticas en torno al acceso y uso de la información y las tecnolo...
 
La gastronomie française
La gastronomie françaiseLa gastronomie française
La gastronomie française
 
Google Glass, Project Aura and the Segway strategy
Google Glass, Project Aura and the Segway strategyGoogle Glass, Project Aura and the Segway strategy
Google Glass, Project Aura and the Segway strategy
 

Similar to Monetary versus Memories

Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...
Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...
Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...Startup Talent Growth Architect
 
4 Employee Appreciation Ideas for All Year Round
4 Employee Appreciation Ideas for All Year Round4 Employee Appreciation Ideas for All Year Round
4 Employee Appreciation Ideas for All Year RoundConfetti
 
Ps 12 catersource_service
Ps 12 catersource_servicePs 12 catersource_service
Ps 12 catersource_serviceWarren Dietel
 
Improvement of Organizational Culture.pptx
Improvement of Organizational Culture.pptxImprovement of Organizational Culture.pptx
Improvement of Organizational Culture.pptxAaronMiller778878
 
What's the Point of Incentive Travel? (Editorial)
What's the Point of Incentive Travel? (Editorial)What's the Point of Incentive Travel? (Editorial)
What's the Point of Incentive Travel? (Editorial)Roger Justin
 
Active workplace challenge join us
Active workplace challenge   join usActive workplace challenge   join us
Active workplace challenge join usJosh Marsden
 
Filling the Exercise Prescription
Filling the Exercise PrescriptionFilling the Exercise Prescription
Filling the Exercise PrescriptionEsserHealth
 
Carving in a Recognition Rich Culture - Employee Engagement
Carving in a Recognition Rich Culture - Employee EngagementCarving in a Recognition Rich Culture - Employee Engagement
Carving in a Recognition Rich Culture - Employee EngagementXoxoday
 
Wellness portals and interactive challenges the next evolution of corporate ...
Wellness portals and interactive challenges  the next evolution of corporate ...Wellness portals and interactive challenges  the next evolution of corporate ...
Wellness portals and interactive challenges the next evolution of corporate ...Health Fairs Direct
 
Establishing a Workplace Wellness Program
Establishing a Workplace Wellness ProgramEstablishing a Workplace Wellness Program
Establishing a Workplace Wellness ProgramDrake International
 
Benefits of incentive travel with your engagement strategy
Benefits of incentive travel with your engagement strategyBenefits of incentive travel with your engagement strategy
Benefits of incentive travel with your engagement strategyCorporate Rewards
 
Benefit Management
Benefit ManagementBenefit Management
Benefit ManagementPooja Tiwari
 
IiP health and Wellbeing at the Landmark Hotel
IiP health and Wellbeing at the Landmark HotelIiP health and Wellbeing at the Landmark Hotel
IiP health and Wellbeing at the Landmark HotelIIPSouthofEngland
 
CSR: Its ALL about Value
CSR:  Its ALL about ValueCSR:  Its ALL about Value
CSR: Its ALL about ValueWayne Dunn
 
Influitive Boston User Group 2015
Influitive Boston User Group 2015Influitive Boston User Group 2015
Influitive Boston User Group 2015Influitive
 
Employee Value Proposition
Employee Value PropositionEmployee Value Proposition
Employee Value PropositionTony Wiggins
 

Similar to Monetary versus Memories (20)

Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...
Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...
Aspire.is: Best Practices in Attracting & Retaining Talent Through Workplace ...
 
4 Employee Appreciation Ideas for All Year Round
4 Employee Appreciation Ideas for All Year Round4 Employee Appreciation Ideas for All Year Round
4 Employee Appreciation Ideas for All Year Round
 
Ps 12 catersource_service
Ps 12 catersource_servicePs 12 catersource_service
Ps 12 catersource_service
 
Improvement of Organizational Culture.pptx
Improvement of Organizational Culture.pptxImprovement of Organizational Culture.pptx
Improvement of Organizational Culture.pptx
 
What's the Point of Incentive Travel? (Editorial)
What's the Point of Incentive Travel? (Editorial)What's the Point of Incentive Travel? (Editorial)
What's the Point of Incentive Travel? (Editorial)
 
Active workplace challenge join us
Active workplace challenge   join usActive workplace challenge   join us
Active workplace challenge join us
 
Filling the Exercise Prescription
Filling the Exercise PrescriptionFilling the Exercise Prescription
Filling the Exercise Prescription
 
Carving in a Recognition Rich Culture - Employee Engagement
Carving in a Recognition Rich Culture - Employee EngagementCarving in a Recognition Rich Culture - Employee Engagement
Carving in a Recognition Rich Culture - Employee Engagement
 
Wellness portals and interactive challenges the next evolution of corporate ...
Wellness portals and interactive challenges  the next evolution of corporate ...Wellness portals and interactive challenges  the next evolution of corporate ...
Wellness portals and interactive challenges the next evolution of corporate ...
 
Establishing a Workplace Wellness Program
Establishing a Workplace Wellness ProgramEstablishing a Workplace Wellness Program
Establishing a Workplace Wellness Program
 
Benefits of incentive travel with your engagement strategy
Benefits of incentive travel with your engagement strategyBenefits of incentive travel with your engagement strategy
Benefits of incentive travel with your engagement strategy
 
Benefit Management
Benefit ManagementBenefit Management
Benefit Management
 
IiP health and Wellbeing at the Landmark Hotel
IiP health and Wellbeing at the Landmark HotelIiP health and Wellbeing at the Landmark Hotel
IiP health and Wellbeing at the Landmark Hotel
 
HRM at Google
HRM at GoogleHRM at Google
HRM at Google
 
PREP Game Plan Workshop
PREP Game Plan WorkshopPREP Game Plan Workshop
PREP Game Plan Workshop
 
Google
GoogleGoogle
Google
 
CSR: Its ALL about Value
CSR:  Its ALL about ValueCSR:  Its ALL about Value
CSR: Its ALL about Value
 
Influitive Boston User Group 2015
Influitive Boston User Group 2015Influitive Boston User Group 2015
Influitive Boston User Group 2015
 
Employee Value Proposition
Employee Value PropositionEmployee Value Proposition
Employee Value Proposition
 
Presentation
PresentationPresentation
Presentation
 

Recently uploaded

Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentationcraig524401
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sectorthomas851723
 
CALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual serviceanilsa9823
 
crisiscommunication-presentation in crisis management.pptx
crisiscommunication-presentation in crisis management.pptxcrisiscommunication-presentation in crisis management.pptx
crisiscommunication-presentation in crisis management.pptxSamahhassan30
 
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...AgileNetwork
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineeringthomas851723
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insightWayne Abrahams
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Reviewthomas851723
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentationmintusiprd
 
CEO of Google, Sunder Pichai's biography
CEO of Google, Sunder Pichai's biographyCEO of Google, Sunder Pichai's biography
CEO of Google, Sunder Pichai's biographyHafizMuhammadAbdulla5
 
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Roomdivyansh0kumar0
 
Day 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampDay 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampPLCLeadershipDevelop
 
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Nehwal
 

Recently uploaded (17)

Rohini Sector 16 Call Girls Delhi 9999965857 @Sabina Saikh No Advance
Rohini Sector 16 Call Girls Delhi 9999965857 @Sabina Saikh No AdvanceRohini Sector 16 Call Girls Delhi 9999965857 @Sabina Saikh No Advance
Rohini Sector 16 Call Girls Delhi 9999965857 @Sabina Saikh No Advance
 
Becoming an Inclusive Leader - Bernadette Thompson
Becoming an Inclusive Leader - Bernadette ThompsonBecoming an Inclusive Leader - Bernadette Thompson
Becoming an Inclusive Leader - Bernadette Thompson
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentation
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sector
 
CALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Charbagh Lucknow best sexual service
 
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance VVIP 🍎 SERVICE
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance  VVIP 🍎 SERVICECall Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance  VVIP 🍎 SERVICE
Call Girls Service Tilak Nagar @9999965857 Delhi 🫦 No Advance VVIP 🍎 SERVICE
 
crisiscommunication-presentation in crisis management.pptx
crisiscommunication-presentation in crisis management.pptxcrisiscommunication-presentation in crisis management.pptx
crisiscommunication-presentation in crisis management.pptx
 
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
ANIn Gurugram April 2024 |Can Agile and AI work together? by Pramodkumar Shri...
 
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Servicesauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineering
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insight
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Review
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentation
 
CEO of Google, Sunder Pichai's biography
CEO of Google, Sunder Pichai's biographyCEO of Google, Sunder Pichai's biography
CEO of Google, Sunder Pichai's biography
 
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Rajarhat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Rajarhat 👉 8250192130 Available With Room
 
Day 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC BootcampDay 0- Bootcamp Roadmap for PLC Bootcamp
Day 0- Bootcamp Roadmap for PLC Bootcamp
 
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
Pooja Mehta 9167673311, Trusted Call Girls In NAVI MUMBAI Cash On Payment , V...
 

Monetary versus Memories

  • 1. Employee Experiential Rewards: Recruitment & Retention Program Todd Farina, RN, BSN, MHA September 2015
  • 2. “...happiness is in the content of moment-to- moment experiences” (Hamblin, para 2, 2014)
  • 3. Provide Lasting Impressions Monetary is momentary Memories are forever
  • 4. Create an Employee Experiential Reward Infrastructure Offer opportunities for employees to “cash-in” on memories instead of money. • Money has a measureable value • Once money is spent it is gone • Basic monetary rewards are impersonal • Creating lasting experiences are invaluable and last forever!
  • 5. Create an Employee Experiential Reward Infrastructure Provide more opportunities for employees to: • Create happy memories • Be rewarded for their hard work • Celebrate employment anniversary milestones • Enjoy wellness through a sustainable workplace environment • Become emotionally invested in their workplace
  • 6. MoneyWell Spent: Investing in experiences • Have a lasting value • Create relationships and memories • Produce anticipations and excitement • Promotes internal motivations to achieve goals What to invest in?
  • 7. Employee Recognition Events • Annual Company Picnics • Zoo • Museums • Aquariums • Parks • Ranches
  • 8. Employee Relation Events • Sporting Events • Bowling Parties • LaserTag
  • 9. Experiential Get-Away Rewards • Weekend getaway • Spa services • Movie night packages • Golf Outings • Water Park Admissions • Ski trips • Vacation packages • Indoor Skydiving
  • 10. Tenured Employee Perks • Preferred parking • Additional discounts at coffee cart or café • Employment anniversary packages of choice: • All expense paid weekend getaway • Press Box seating for professional sporting events; arrange for employee to throw out first pitch • Trips • Wine • Gourmet dinners/restaurants
  • 11. EmployeeWellness:Healthy Employee Environment & Healthy Habits Sustainability means to carefully protect current resources for future use and future generations (Schroeder et al. 2013). Additional considerations to creating a sustainable workplace: • Focus on employee wellness • Sustain a healthier workforce • Incorporate healthier habits in the workplace • A place employees go to exercise • A good habit is hard to break • Create a workplace community of healthy habits
  • 12. Healthier Employee options • Ergonomic workplace • Avoid prolong sitting • Sit-n-stand desks • Lumbar support chairs • Employee exercise activities • Nutritional coaching (café well) • Fitness coaching
  • 13. EmployeeWellness Program • On-Site Biometric Screenings • Evidence-Based Group Health Management Programs • IndividualWellnessCoaching • Exercise Classes • On-Site Gym • Challenges • Walking Club • HikingClub

Editor's Notes

  1. Schroeder, K., Thompson, T., Frith, K., & Pencheon, D. (2013). Sustainable healthcare. (1st ed.). Hoboken, NJ: John Wiley & Sons