Analysis – Page 7
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AnalysisHow sustainable is employee motivation in a zero or low pay rise environment?
If you read nothing else, read this…A lack of pay increases can hinder motivation.Employers that take steps to engage their workforces are more likely to be rewarded with loyalty.Gift or e-gift vouchers can be effective motivation tools.Research by Canada Life Group, published in December 2013, found that pay increases, or ...
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Analysis
41, World Duty Free Group motivates staff through recognition schemes
If you read nothing else, read this…World Duty Free Group revamped its recognitions schemes after listening to staff feedback.Employees are now more engaged with its suggestion scheme.More employees are now recognised in its peer recognition scheme.Working with Red Letter Days for Business, the organisation has relaunched two of its employee ...
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AnalysisWestfield Health: How to secure investment for employee health and wellbeing initiatives
Key pointsA powerful and convincing business case is key to winning management buy-in for health and wellbeing initiatives.Key decision-makers should be communicated with on an ongoing basis.Communication strategies should highlight the numerous long-term benefits that a health and wellbeing strategy can bring to a business.The business benefits of providing staff ...
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Analysis
27, Using staff surveys to create a benefits package
If you read nothing else, read this…Surveys can provide valuable insight into what employees think of benefits packages.Employers need to set clear objectives of what they want survey results to achieve.Staff need to be kept up to date with results of surveys.Gathering employees’ views on benefits can offer valuable information ...
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AnalysisHow to create a summer motivation strategy
If you read nothing else read this…Summer can be a good time to motivate employees by highlighting benefits such as childcare provision, health and wellbeing programmes and retail discounts and vouchers.Financial wellbeing is equally important during the summer months.Personal recognition or a ‘thank you’ can help boost staff motivation.The summer ...
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AnalysisRevamping a motivation strategy for the year ahead
If you read nothing else, read this…Recognition, career progression and flexibility are all highly valued by today’s employees.Empowering staff to succeed in their work while retaining a work-life balance is also gaining prominence.Some employers are looking to use new pensions rules to motivate and retain staff.Jackie Waller, principal reward consultant ...
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AnalysisWhat is driving the growth of health cash plans?
If you read nothing else, read this… The popularity of health cash plans can be attributed to their flexibility, affordability and suitability to employees’ health needs. Employers’ desire to fulfil their duty of care is also helping to drive health cash plan market growth.Cash plans cover treatments such as physiotherapy ...
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AnalysisHow to motivate staff through the January blues
If you read nothing else, read this…In January, employees may be suffering from the effects of their excessive festive spending, overindulgence and the dreariness of the winter season.There are plenty of low-cost benefits that employers can use to motivate staff .But employees may value their manager’s time more than any ...
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AnalysisHow to reward those at the top of their game
If you read nothing else, read this… Motivation could be influenced by intellectual, social and emotional factors.Experts’ reward packages could be enhanced to maintain productivity.It is not all about reward, a simple thank you and recognising good work still impacts motivation.Business opportunities such as allowing experts to work into other ...
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AnalysisCelebrating employees' top life events with gifts and vouchers
If you read nothing else, reach this…Key life events might include birthdays, weddings, the birth of a child, long service and retirement.Whether an employer awards or recognises staff at these key life events will depend on the relationship it has with its employees.It is important, whatever life event is being ...
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AnalysisMotivation can drive productivity
If you read nothing else, read this…Badly thought-out recognition and incentive schemes may improve one performance measure, but damage another.A recognition or incentive scheme cannot be used in isolation.Schemes are most effective when aligned with corporate values.In his article One more time. How do you motivate employees? , first published ...
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AnalysisHow flexible working can boost staff wellbeing
If you read nothing else, read this…The right to request flexible working was extended to all UK employees on 30 June 2014.Flexible working options allow staff to be more flexible about managing their health, whether it be controlling the times they take medication, frequent the gym or cycle to work.Flexible ...
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AnalysisIdeas for alternative work Christmas parties
If you read nothing else, read this…Work Christmas parties may not suit organisations on a budget, with large numbers of shift workers or for which Christmas is their busiest time of the year.Holding events out of season or on Sunday nights can be more cost-effective.Fitness-based events can tie in to ...
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AnalysisTime-saving tips for benefits managers
If you read nothing else, read this…Time is increasingly a factor for in-house benefits teams when implementing or reviewing products and services.Putting more of the burden on to consultancies, brokers or suppliers is an option, and many will offer services they don’t always shout about.New tools are emerging that ...
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AnalysisKim Stephenson: Why offer Christmas incentives?
The Christmas bonus, be it a cash or non-cash incentive, once a year in addition to usual compensation, is not linked to improved performance or a profit share. Nor is it designed to focus employees on objectives or behaviours. It therefore does not establish a link between pay and performance ...
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AnalysisHow to select the right Christmas rewards for staff
If you read nothing else, read this …First determine what kind of Christmas reward to give staff, such as an annual bonus, sales incentive, festive thank-you or seasonal gift.Gift cards and vouchers are popular, while employers can also help staff with their work-life balance by providing more time off during ...
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AnalysisShould employers incentivise employees to keep healthy?
If you read nothing else, read this…Employers could incentivise to encourage staff to lead healthier lifestyles.29% of employee respondents would be comfortable if their employer incentivised for living more healthily (Towers Watson).Incentivising employees is a common theme among US-based employers.Employers could incentivise to encourage behaviours in employees such as quitting ...
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AnalysisHow to select the right motivation vouchers for employees
If you read nothing else, read this…Employers should examine the demographics of their workforce to help choose the right motivation vouchers.Employee communication campaigns or surveys can reveal what types of voucher are valued by employees.Once the vouchers have been chosen, organisations should aim to keep the campaign fresh.Voucher schemes offer ...
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AnalysisLatest developments in online recognition platforms
If you read nothing else, read this…Technological advances are paving the way for the evolution of online recognition programmes and tools.Peer-to-peer, or social, recognition, can be accessed via web-based applications (apps), smartphones and social networking sites.This broader use of workplace recognition also helps to gather data about employees and could ...
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AnalysisHow to deliver both good and tough messages on incentives
If you read nothing else, read this…Pay motivates staff, but it is not the primary motivator.Recognition is more important than pay for many employees.Bonuses should be awarded only for good performance.More than three-quarters of respondents (76%) to the research survey, published in June, said pay helps to motivate staff, but ...