How effective are non-monetary incentives in relieving stress? How does employer motivation impact organizational performance? In today's business environment, what is the importance of a culturally diverse workforce?
Interesting questions, indeed. Please see response attached (also below). I hope this helps and take care.
1. How effective are non-monetary incentives in relieving stress?
They are effective, indeed, especially when combined with monetary incentives. In fact, it not only relieves stress, but also is reported to increase employee morale and overall productivity.
In fact, several cost effective ways have been researched with proven effects to increase productivity and profits while reducing stress and improving workers well-Being:
Offer employees clean, bottled, distilled water at several strategic locations (at time clock area, close to the break room, near restrooms). Water is the most essential nutrient to work at peak efficiency. Water regulates the body's temperature and maintains muscle tone. It carries nutrients and oxygen to every cell in the body. Dehydration causes the body to slow down and the ability to focus becomes more difficult. Coffee, teas and sodas are not substitutes for water. Encourage your workers to start their day by grabbing a bottle of water; allow it in the work area for daylong enjoyment. This will provide health benefits and reduce stress, which will improve their performance. (4) To learn more about water in the workplace go to:
Western medical research has proven that in order to reduce the harmful effects that stress produces in individuals, they must set aside time for self-regeneration. This can be accomplished by practicing 10-15 minutes of tai chi or other exercise. This might be about adding an exercise room for employees. In fact, The Journal of Alternative and Complementary Medicine, (Volume 9, Page 747-754, October 2003) is only one of many reports showing the beneficial effects of tai chi for reducing stress, lowering blood pressure and relieving anxiety. Tai chi provides all the benefits of a rigorous aerobic workout but, because it is not strenuous, it carries no potentially harmful side effects. Tai chi requires no special skills, clothing or equipment, and can be done anywhere by all fitness levels. Tai chi involves a series of choreographed moves that flow together like a slow motion dance. They are done in a precise order to help facilitate relaxation and mental concentration. When tai chi is carried out at break times, the employee has more energy and a healthier outlook on life. Companies find that tai chi improves productivity and creates happier employees. (4)
The effectiveness of non-monetary incentives in relieving employee stress is explained. It also looks at how employer motivation impacts organizational performance. The importance of a culturally diverse workforce in today's workforce is then detailed. This solution is approximately 1500 words.