This Unicorn Startup Offers 1-Month Salary, Rs 10 Lakh As Bonus For Healthy & Fit Employees
Humans are the most important resources of any organization. The condition of these important resources defines the present and future prospectus of the company. And when you are undergoing a pandemic. It becomes difficult to nudge your employees to get up and sweat it out. And if because of lack of physical activity if the employees are not healthy, the future of the company is in dark.
But at the same time, leaders are also aware that humans respond to incentives, and if these incentives are given inappropriate direction, employees’ health can be improved. This is exactly what the CEO of Indian fintech startup Zerodha, Nithin Kamath did to keep their employees’ health in check.
One Month Salary to achievers, 10 lakh to the lucky one
Zerodha founder Nithin Kamath announced on Twitter some surprising results that Zerodha took to improve employees’ health amid the ongoing Covid-19 pandemic.
While giving the context to the move, Kamath said that after the first lockdown (March 2020), like everywhere, his team also faced health issues due to lack of physical activity, work-life balance, bad died and more.
Consequently, the CEO came up with a new way to nudge his team to get healthy. The company asked all its employees to set a 12-month get-healthy goal. They were asked to update the progress every month so that it creates accountability.
To promote more participation, Zerodha promised a one-month salary as a bonus to employees who will reach their goal and stay fit and healthy. The company also announced one lucky draw for ?10 lakh.
Healthy Employees, Healthy Balance Sheet
Zerodha is now reaping the benefits of this incentive-based scheme. The monetary compensation and lottery money rewards showed phenomenal results for the company.
“The transformation stories are super inspiring & pushing others to take action as well. We also have proof that getting healthy improves professional performance as well,” Zerodha CEO added in tweeter string.
Kamath is so impressed by the results of Zerodha’s ‘Get Healthy’ program that he announced to run this permanently. The purpose behind sharing this idea was to inspire and seed the idea in other entrepreneur’s minds.
So, we can expect many companies to come up with such kinds of initiatives in near future.