Employers: Want Workers to Exercise? Have Them Compete With Peers to Earn $$$$$
Exercise. We all pretty much hate it, though I force myself to do an hour a day of running, swimming or using the elliptical or, my newest torture machine, the arc trainer. But a new study now says that if you compete with your friends, and even sweeter, get financial incentives, you'll be, well, at least a little more motivated. According to newswise.com, having your exercise performance compared to that of peers motivates you to do more. And adding a financial incentive would rank it up there with nirvana. Well, almost. Comparing performance to average peers (the 50th percentile), and offering financial incentives was the most effective method for increasing physical activity among teams of employees, according to new research, the web site reports. The study also found that different combinations of social comparison feedback and financial incentives can lead to a significant difference in outcomes within workplace competitions. “Many employers are...