Module 4---Well Being Effectiveness Flashcards
What is Well-Being Effectiveness?
A holistic perspective that encompasses physical, financial and emotional well-being
plus ways to promote a positive culture through work design and engagement.
Well-being effectiveness is composed of offerings in the total rewards package that address the unique individual needs of the employee. These offerings are important to the employee but may be less tangible than compensation and benefits.
What are the categories of the Well-being Portfolio?
- Supporting health and wellness
- Creating workplace flexibility
- Caring for dependents
- Financial support programs
- Community involvement programs
- Culture change initiatives
What is the definition of Supporting Health and Wellness?
Health and wellness initiatives focus on reducing absenteeism and improving productivity by supporting healthy lifestyle choices for employees and their families. An organization supporting health and wellness may provide opportunities for its employees
to enjoy:
■ An absence of disease and infirmity
■ An awareness of an active progress toward maintaining proper diet, exercise and personal habits
■ A balance in all aspects of life – physical, emotional, spiritual, intellectual and social
■ Resiliency – A step above health and wellness, resiliency in an individual is the ability to recover readily from the adversities of life such as stress, illness and loss. This is manifest in the
workforce as employees who are fully engaged and more productive.
■ Stress reduction – A focus on reduction in stress-related illness holds great promise for reducing escalating health care costs.
What are some examples of Health and Wellness?
■ Employee assistance programs (EAPs) – programs that provide counseling or referral services to employees. Services vary by employer but may include assistance with chemical dependency, as
well as psychological, financial, legal, family and career counseling.
■ Family and medical leave – programs that provide paid or nonpaid leave for employees to manage a major family event such as:
■ Proactive wellness strategies – Instituting wellness strategies helps employees to lower stress levels as well as lowering their own and the company’s health care costs.
What is Workplace Flexibility?
Workplace flexibility is a variety of flexible work options that enable greater customization over when, where and how work gets done. The three most common full-time options are flex time, telecommuting and shift flexibility.
What is the defintion of Caring for Dependents?
Caring for dependents includes resources and referrals that assist employees in managing dependent care responsibilities.
What are Financial Support Programs?
Voluntary financial benefits programs, resources and referrals to assist employees with managing their financial responsibilities.
What are Community Involvement Programs?
Community involvement is the way organizations get involved with the external community through monetary donations, volunteer programs and partnerships. Community involvement exists under the broader initiative of corporate social responsibility.
What are two examples of Community Involvement Programs?
■ External outreach
■ Internal Sharing
What are Culture Change Initiatives
Culture change initiatives are interventions designed to eliminate specific barriers to inclusion and full productivity. The goal within all well-being initiatives is to remove those barriers through strong, supportive cultures that are dynamic, flexible and respectful of the whole person.
What are some examples of culture change initiatives?
culture change initiatives category may include, but is not limited to,
the following:
■ Diversity/inclusion
– Providing equal opportunities for all
– Sponsoring diversity awareness fairs
– Expecting diversity to be respected
■ Women’s advancement
– Removing the “glass ceiling”
– Opportunities for career development
■ Mentoring
– Encouraging successful employees to mentor less-experienced employees
■ Work redesign to reduce work overload and burnout
– Deliberately structured approaches to identify and reduce the primary sources of work overload and burnout
■Team effectiveness strategies
– Helping employees learn to work successfully in team environment
– Providing team leadership opportunities
■ Work environment initiatives
– Reinventing specific cultural, behavioral and physical elements of the work environment
– Creating a compelling workplace that attracts, motivates, engages and retains the talent required for organizational success
* Management flexibility training
– Educating managers
- Which of the following best describes the need that well-being effectiveness satisfies in the total rewards mix?
A. It provides a valuable experience for one’s resume.
B. It addresses employees’ intrinsic needs.
C. It provides retirement programs so employees can relax.
D. It satisfies the need to receive recognition for achievements.
B. It addresses employees’ intrinsic needs.
- Which of the following is a category of the well-being portfolio?
A. Community involvement programs
B. Income protection programs
C. Flexible work arrangements
D. Employee assistance programs
A. Community involvement programs
- Which of the following is an example of a culture change initiative?
A. Vacation sharing
B. Leave banks and disaster relief funds
C. Executive-on-loan program
D. Women’s advancement
D. Women’s advancement