Analysis – Page 10
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Analysis
Recognition of employees working remotely
If you read nothing else, read this...Poor communication, physical distance from the employer’s main location and a tendency to be overlooked by managers can lead to a drop in motivation for remotely-located staff.Employees based away from the main workplace may feel detached, and one way to combat this is through ...
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Analysis
Charitable benefits are a good motivator
Charitable perks can do wonders for employee engagement and will enhance an employer’s image as a caring organisation, says Jennifer PatersonApart from their main functions of attracting, engaging and retaining staff, benefits can also be used to support an organisation’s wider strategies, such as corporate social responsibility (CSR). Here, staff ...
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Analysis
Reward incentives for short-term employees
Incentives for short-term employees often call for a different approach by employers, says Ben JonesMotivating permanent employees can be a tricky task for employers at any time, but a greater challenge can be how to give those on short-term contracts the impetus to work effectively and to schedule. This conundrum ...
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Analysis
Thought leaders 2010: The year ahead: Inspiration encourages perspiration
Key PointsInspiring your team to work harder, perform better and drive the business forward is even more critical when you do not have the benefit of inherently positive messages such as bonuses and pay awardsGood reward programmes can generate tangible business resultsTools such as recognition are important in supporting employee ...
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Analysis
Thought leaders 2010: The year ahead: Simplyhealth insight: Togetherness is the key to a happy workforce
Effective engagement can play a significant role in helping employers and employees recover from the recession, says Simplyhealth’s head of people, Helen DickinsonDuring recessions, we generally assume that employee attrition will be low, with fewer vacancies and employees seeking to retain their redundancy entitlements. Although there has been evidence of ...
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Analysis
Holidays as an employee benefit
If you read nothing else, read this…. Extra holiday can be offered instead of a pay rise or to reward performance in place of a bonus. Offering more time off can boost morale. Holiday trading can be included in flexible benefits schemes to raise employees’ allowance at no extra cost ...
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Analysis
Using reward and benefits to re-engage the workforce after the recession
As the country recovers from recession, employers face the tough task of re-engaging their workforces, says Nicola SullivanIn May 1940, Sir Winston Churchill famously told the House of Commons in his first speech as prime minister: “I would say to the House as I said to those who have joined ...
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Analysis
Peer recognition schemes pay off
Peer recognition schemes can have a powerful effect on staff morale and motivation, says Alison ColemanRecognising exceptional staff performance through reward is one way of boosting motivation and engagement. But recognition that comes directly from an employee’s peers may carry a higher value, and at a time when organisations are ...
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Analysis
Ensuring reward is fair for all staff
Employees accept there may be disparities in reward, but resentment arises if the differences are perceived as unfair, says Jenny KeefeAs prime minister Gordon Brown is fond of pointing out, the British have the principle of fairness as part of their national identity. The trouble is that fairness, in the ...
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Analysis
Incentive schemes bring business benefits
Significant business returns can grow from a carefully thought-out incentive scheme for employees, says Liz MorrellWith the recession hitting employers’ budgets, and pay and recruitment freezes being implemented across the nation, it might seem contradictory to be offering incentives to staff. Mark Childs, director of consultancy Total Reward Solutions, says: ...
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Analysis
Long-term incentive plans are a rewarding alternative
Long-term incentive plans may offer a more prudent method of executive reward, says Tom WashingtonIf you read nothing else, read this... Long-term incentive plans (L-tips) are designed to drive business performance, ultimately producing an increase in shareholder value.The award is based on staff meeting certain performance conditions that prove they ...
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Analysis
Rewards for long service boost staff morale
Long service should still be rewarded, says Nicola SullivanWith the notion of a job for life now firmly in the past, employers may wonder whether long-service awards are still relevant. In many cases, organisations may feel they can take a rain check on rewarding long service during a recession because, ...
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Analysis
Motivating staff during the festive season
After a difficult year, the festive season offers an ideal opportunity for employers to reward their workforce, says Nicola SullivanAfter a year spent battling the effects of recession, it would be understandable if employers’ attitudes towards rewarding staff at Christmas had more in common with Ebenezer Scrooge than Father Christmas.But ...
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Analysis
Are employers' reward packages ready for the economic upturn?
As the green shoots of economic recovery begin to appear, employers need to assess the effectiveness of their reward packages, says Jenny KeefeEconomic recovery may be a long, painful journey, but employers need to plan now for when better times return. Benefits are crucial to an employer's desirability in a ...
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Analysis
How employers should use pre-paid cards to motivate staff
Pre-paid cards are an increasingly popular alternative to vouchers, but employers should be clear about how to use them, says Victoria FurnessCash is no longer king in today’s society. Cards overtook cash payments for the first time back in 2005 and Peter Ayliffe, chief executive of Visa Europe, has gone ...
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Analysis
Using flexible benefits to motivate staff in the downturn
As employees struggle with the effects of the recession, a flexible benefits scheme can offer them the opportunity to make savings where they are needed most, says Sarah ColesIf you read nothing else, read this…Flexible benefits schemes are one way of employers offering perks to support staff.Employees can tailor flex, ...
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Analysis
Motivating staff in the recession
As the recession puts pressure on pay and jobs, reward schemes can play a vital role in keeping employees motivated, says Amanda Wilkinson.Case study: AdeccoCase study: Henry Boot†MAIN ARTICLECost-cutting is currently the number one priority for many organisations affected by the recession. But there is a danger that redundancies, forfeiture ...
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Analysis
Employers use cost cutting measures to avoid redundancies
As the recession tightens its grip employers are taking a cold look at reward and considering a number of cost cutting measures to avoid making redundancies says Nicola SullivanKey areas to consider are:Reduced working hours Paid sabbaticals Pensions Bonuses Contractual perks Consultation process What to consider when making changes ...
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Analysis
Cracking Christmas ideas to motivate staff
A cheap and cheerful Christmas may be the best many employers can afford to offer their staff this year, says Sarah ColesChristmas is traditionally a time for overindulging on food and letting out the waistband. Un- fortunately, this year there will be an unseasonable amount of belt-tightening as the economic ...
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Analysis
Special report: total reward
EXECUTIVE SUMMARYTotal reward plays an important part in employee engagement, which in turn can make a big difference to productivity. It is about all the ways in which people are rewarded when they come to work: pay, benefits and the other non-financial rewards put together to make a coherent ...