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Ways to Give Back to Employees

During the 1990s, employers complained that they had trouble finding good employees. At the same time, many employers eliminated a traditional way to give back to employees. They did away with pensions. Now many retiring workers find themselves without a pension. The news media highlights the great need for employers with a willingness to give back to employees.

Using stock options to give back to employees

Some firms have used stock options as a way to give back to employees. The success of this approach depends largely on the ethics of the company administrators. The Enron case shows that some administrators take advantage of the stock options, and they use the stock options to defraud the employees. In other words, the options do not give back to the employees the sort of return that those employees are expecting.

Amgen has used stock options as a way to give back to employees. Yet not all of the company employees can take advantage of the stock options. Only the permanent employees can get the stock options. There are no stock options for the temporary employees. This distinction underlines one of the challenges of deciding how to give back to employees.

Using medical benefits to give back to employees

Large firms are required by law to contribute towards the health insurance of their employees. Some firms seek to get by with a bare minimum; they offer their employees a cheap and often unsatisfactory medical insurance plan. Other firms might expand the services covered by such a plan. Some companies give back to their employees in the form of added medical benefits.

One way that a company can give back to its employees calls for the coverage of alternative health procedures. Some companies offer medical plans that cover the cost of procedures such as acupuncture and aromatherapy. Some companies provide their employees with a chance to purchase dental insurance. This can be seen as a way to give back to employees.

Meeting transportation needs to give back to employees

Because the government has sought to encourage the use of public transportation, some companies are able to help their employers get a discount on bus or railway tickets. They use this discount to emphasize the value of using public transportation. They may also offer some sort of reward to those employees who participate in a car pool. Both car- poolers and bike riders share with the riders of public transportation the compensation that is used as a way to give back to employees.

Meeting child care needs to give back to employees

As more and more women have entered the job market, their child care needs have become an added item for use in the search for tokens to give to employees. Most women’s groups heap praise on any company that offers its female employees free or low cost child care. Some institutions do not offer child care services, but they provide free consultation to women in search of such services. Either approach can be seen as a way to give back to employees.

As children get older, some of them think about getting a summer joy. Some companies encourage the children of their employees to work at the parents’ company. Such encouragement could well be likened to a way to give back to employees. Companies that offer an outreach in the schools expand on this focus on the youth of the employees.

Lastly, one of the best ways to give back to your employees is to make their work convenient by investing in technologies that could help them do their work more effectively. For example, the benefits of using a cloud based CRM are already considered as a way of taking goodncare of your employees.

Such an outreach helps to prepare the youth for future employment. In that sense, such outreach can give back to employees by helping them to ready their children for entrance into the work world.

New Business Idea! Make Money Cheering Up the Elderly!

Are you looking for a unique business idea?

With the graying of the population and the fact that people are living longer, more elderly people are spending a portion of their lives in nursing homes as they need a lot of care and help because of their conditions. This is where you will find that bath aids for the elderly Australia are really helpful and amazing considering their efficiency. Their families are often unable to take care of them full time due to job restraints. Many of the residents of nursing homes have families that live in other states, making it impossible for them to visit their relatives on a frequent basis. A significant number of these families feel guilty that they’re unable to visit their nursing home bound relatives at regular intervals.

This is where your small business can provide a much-needed service to these guilt-ridden families.

For a small fee, your company will have an employee visit your nursing home bound relative on a weekly or biweekly basis. Each employee would be assigned to a particular nursing home resident so that he or she gets to know the resident well and understands his or her wants and needs. The family would simply call your office to sign up for nursing home visitation services. They would be given a faxed form to fill out regarding the frequency of visits and any special needs of the nursing home resident. The nursing home resident would then be assigned to one of your employees who would speak with the family by phone to establish rapport before the initial nursing home visit.

The family could choose a 30 minute or one hour visit depending on their preferences. During the visit, the employee would talk with the nursing home resident, read to him or her, and make sure their needs are being met. At the end of the visit, the employee would fill out a form outlining what activities took place during the visit and any observations as to the emotional state of the resident. This would be sent to the family on a regular basis.

A website would be critical to marketing your new business to out-of-town families. You could market your services by contributing articles on caring for elderly parents to article directories and advertising via online classifieds. You could also market your small business directly through the nursing homes in your area. When families visit their relatives at the nursing home, they could be given a brochure outlining the service you provide.

This unique business would fulfill a growing need to provide care and service to the elderly population who are growing in number by leaps and bounds. It can also be rewarding to know you’re providing a service that benefits both nursing home residents and their families.