Analysis – Page 6
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AnalysisHow to engage staff with long-term business growth
Need to know:A cultural change may be needed to shift employees’ focus from short-term goals to longer-term organisational objectives.Building a narrative around benefit strategies and illustrating how this ties into an organisation’s values can help engage staff with long-term business growth.Benefits that demonstrate employers have a long-term commitment to staff ...
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AnalysisIs it time for an image overhaul for voluntary benefits schemes?
Need to know:Voluntary benefits now form part of a wider approach to employee engagement.Access through mobile apps and online portals has helped to create a new face for voluntary benefits schemes.Employees increasingly expect to be offered voluntary benefits as a standard part of their reward package.Voluntary benefits schemes have long ...
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AnalysisHow to create an effective Christmas incentive strategy
Need to know Employers must define what ‘effective’ means to their organisation.Employees’ differing cultural and religious beliefs must be identified and respected.A personalised approach can prove to be a win-win for employers and staff.Christmas may seem like a lifetime away, but now is the perfect time for employers to start ...
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AnalysisWhat are the best approaches to measuring employee engagement?
Need to knowMeasuring employee engagement should be an all-employee exercise.It can take place once a year through a survey, or be continual, using every opportunity available to gauge employees’ engagement levels.Employee benefits can play a key part in a wider engagement strategy.Employee engagement is highly regarded as a key factor ...
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AnalysisHow does a reward strategy evolve while an organisation grows at pace?
Need to knowWhen an organisation grows quickly, preserving the culture and benefits offering can pose a challenge.Asking employees what they want can help organisations to develop their benefits package to support their continued growth.Employers can consider ways to upscale the more informal benefits staff receive when they are part of ...
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AnalysisHow do benefits impact an organisation’s reputation?
Need to know:Engaged employees are more likely to take pride in the organisation they work for and act as brand ambassadors.Careful management, particularly around communication and social media, can limit fall-out in situations where benefits are removed or are insufficient.Going above and beyond legal requirements or the industry norm can ...
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AnalysisCan employee involvement boost engagement in a motivation strategy?
Need to know:Involving staff in motivation schemes can encourage take-up.Social events, charitable initiatives and exercise classes are often popular.Peer-recognition schemes can also make employees feel involved.The UK has an employee motivation problem. Research by Argos for Business conducted for Employee Motivation Day, published in February 2016, found that just 30% ...
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AnalysisWhat lessons can reward professionals learn from sport?
Need to know:Transferrable lessons from sports professionals can help shape benefits strategies.In some instances, motivational benefits can be as significant as pay when it comes to engaging and retaining employees.Workplace healthcare programmes inspired by the sporting world can boost productivity and motivation.The 2016 Olympics kick off in Rio de Janeiro, ...
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AnalysisInfographic: What will motivate employees in 2016?
An infographic looking at what will motivate employees in 2016 (Source: Red Letter Days for Business' Employee motivation: who came out on top in 2015 report, published in January 2016).Read more in Can a one-size-fits-all motivation strategy work?
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AnalysisCan a one-size-fits-all motivation strategy work?
Need to know:A one-size-fits-all approach to employee motivation can be successful as long as it includes an element of choice for staff.Involving employees and garnering their opinions on a motivation strategy can keep it relevant to the organisation.Many parties within an organisation can take a role in helping to motivate ...
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AnalysisWhat does a motivation strategy for a future workforce look like?
Need to know:Changes in society and legislation mean the traditional workforce is changing.Flexible working and health and wellbeing benefits will increase in prominence.Benefits schemes can help by giving employees greater choice.With changing demographics, the abolition of the default retirement age and the rise of flexible working, the world of work ...
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AnalysisTop tips to support staff through the festive season
Need to know:Employers can offer treats and perks to help staff stay motivated during the festive season.Personalised gifts or a ‘thank you’ can boost engagement levels.Employers can introduce new year initiatives in December to combat the January blues.The Christmas season brings a mix of emotions for employers and their staff. ...
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AnalysisHow to maximise CSR policies through benefits
Need to know:Corporate social responsibility (CSR) policies allow employers to highlight important values to staff.Employers can promote their CSR policies through certain benefits provision.CSR strategies are most effective when they are connected to the organisation as a business and an employer.Employers take corporate social responsibility (CSR) policies seriously, and employees ...
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AnalysisHow can the workplace motivate staff?
If you read nothing else, read this….A well-designed workplace can support employee wellbeing, enhance productivity, and help to attract and retain key personnel. Adequate lighting, space and temperature control are employees’ must-haves in a workplace.Involve employees: by understanding what matters to them and what they need, changes are more likely ...
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Analysis
Gift card supplement 4,5,6: Buyer’s guide to corporate gift cards
This could be one reason why growth in sales of corporate gift cards has increased at a rapid pace this year.With business-to-business sales outstripping business-to-consumer sales, according to the UK Gift Card and Voucher Association’s industry figures, released in September 2015, it appears that the role of the corporate gift ...
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AnalysisWhat are the latest trends in Christmas incentives?
If you read nothing else, read this…Giving employees choice in their Christmas reward can be very effective.The popularity of traditional incentives, such as hampers and wine, is declining.Personalised, memorable and technology-based benefits can motivate employees.Failure by employers to effectively plan and deliver end-of-year recognition leads to around a third (34%) ...
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AnalysisThe role reward plays in creating a destination employer
If you read nothing else, read this …The ability to attract, retain and hire talented employees helps create a destination employer.Reward packages play a role in all three stages.Reward and benefits strategies must be engaged at an early stage of an employee’s lifecycle, such as onboarding, to help motivate staff.It ...
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Analysis
3: Motivation and recognition: a roundup of case studies on boosting staff morale
LateRooms.com has launched a long-service awards scheme that will reward long-serving staff with a voucher of either £150 or £250 for a Red Letter Days’ experience. The organisation has also relaunched its recognition scheme http://bit.ly/1EiRXFK Nearly all (95%) the staff at Chiswick Park, which includes organisations such as Discovery, PepsiCo, ...
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Analysis
Supplement, 6,7,8: Motivating a multi-generational workforce
If you read nothing else, read this…Different generations value, and are motivated by, different rewards and benefits, at least in the non-core benefits space.There is a risk of over-generalising if employees are pigeon-holed into generational groups.Personalised rewards and flexible benefit schemes can help accommodate different needs.According to the Hays UK ...
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Analysis
14: Motivation in numbers
4,044: Southeastern employees rewarded for their professionalism with £25-worth of shopping vouchers. bit.ly/1G2DDSl 12%: the percentage by which business-to-business gift-card and voucher sales grew in the fourth quarter of 2014 (The UK Gift Card and Voucher Association, date needed) (UKGCVA)8 percentage points: the amount E.On has improved on its employee ...