Effectiveness of the Family-oriented incentives to achieve the organizational goals.

Human capital for the organization is very vital because this reason most organizations tend to give more opportunities to the employees as well as to their families.

The reasons for creating new opportunities for the employees and families are the conflicts between the workplace and the family and because of this reason absenteeism and turnover rates were increased. Therefore, organizations move to give opportunities to reduce these family-work conflicts and make both happy. There are many work-family options such as flexible time, paid family leave, child care assistance, lactation support, family bonding activities.

The report explains these new opportunities one by one. When considering flexible time, organizations provide part-time, over-time work opportunities, remote work opportunities (Celenk H, 2011). Because of these options, employees able to solve the problems in the families while working for the organizations because they can manage both well with these flexible options. 

The paid family leaves also a new opportunity for the employees and organizations offer paid leaves for maternity/ paternity leave, sick leaves, family leave to care for the elderly parents, or disable family members. When considering child care facility options, organizations provide child care onsite facilities or the child back up. Moreover, they provide information about child care for the parents who do not know about these or for the parents who initially become the parents and do not have much experience on these. 

Another interesting facility that employers give to the employees is the family bonding activities. These activities make employees build up relationships with their families. 

These opportunities not only for reducing absenteeism or turnover but also increase loyalty, trust, performance, and other positive perception about the organization. Moreover, employees may think that they are valuable and the organization thinks about the employees. Moreover, these opportunities may help to increase the relationship between the employees and the management.




Comments

  1. Below are some family focused rewards / Incentive which can motivation employees while achieving organizational goals.
    1. Birthday wishes for immediate family members
    2. Discounted supermarket vouchers
    3. Work from home opportunities
    4. Company paid childcare facilities
    5. Organizing a family days

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  2. There are many benefits of incentives in the workplace:

    Increasing productivity
    Creating a culture of high performance
    Retaining top performers
    Motivating staff to exceed their goals
    Improving company morale

    ReplyDelete

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