All Motivation and recognition articles – Page 129
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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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Article
Permira staff complain about food during luxury week away
Permira employees on their annual week away were served up burgers at a five-star hotel on the request of the private equity firm's chairman Damon Buffini after one of them complained about the food.Buffini asked for the burgers to be dished up for the high-paid workers, who were staying at ...
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Article
Accor Services launches payroll-giving scheme for staff
Accor Services has launched a payroll-giving scheme and pledged to match its employees' contributions as part of its commitment to corporate social responsibility (CSR).The perk enables employees to make donations to a charity of their choice tax-efficiently direct from salary. This means the charity receives the donation, as well as ...
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Article
East Midlands Trains launches recognition scheme
East Midlands Trains has launched a new recognition scheme for employees.Through its Stars programme, managers can issue thank you cards to staff who are seen to support the company's values of respect, professionalism, teamwork, honesty and communication.In the second phase of the scheme, employees will be able to nominate colleagues ...
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Article
Princess Alexandra Hospital NHS Trust looks to extend long-service recognition scheme
The Princess Alexandra Hospital NHS Trust is looking to extend its long-service recognition scheme after launching the benefit to staff last year.It wants to honour staff, who pass the benchmarks of 15 and 30 years' service, in addition to those who are currently recognised for 25 years' service.Under the scheme, ...
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Article
B&Q and Comet stop accepting Kingfisher Gift Vouchers
B&Q and Comet will no longer accept Kingfisher Gift Vouchers after the voucher company temporarily suspended trading following the collapse of Woolworths.Woolworths itself is currently the only retailer accepting the vouchers, largely issued to employees through workplace incentive programmes.The vouchers are issued by Flogistics a wholly-owned subsidiary of Woolworths Group ...
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Article
Commission payment errors cost employers millions
Poorly-managed commission schemes can lose employers millions of pounds each year.According to research carried out by market research firm Vanson Bourne on behalf of consultancy OpenSymmetry, 24% of the 153 UK sales directors surveyed said they regularly see errors of more than 10% of the total amount of commission paid. ...
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Article
Kingfisher Gift Vouchers temporarily suspends trading
Kingfisher Gift Vouchers (KGV) has temporarily suspended trading following talks over the future of scheme-member Woolworths.Woolworths shares were suspended on 26 November. KGV also runs Comet and B&Qs voucher schemes.Employees who hold the vouchers under workplace motivation and reward schemes have been encouraged to redeem them while they can.John Sylvester, ...
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Article
HML targets instant reward scheme at younger staff
HML is launching a motivation scheme that enables managers to reward employees with a sum equivalent to cash that can be spent online at selected retailers and leisure providers.The scheme is designed to engage younger staff at the company, which services third-party mortgages.The instant reward is credited to an online ...
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Article
Compass Group launches staff recognition programme
Compass Group UK & Ireland is launching an employee recognition programme through which staff can nominate a colleague or themselves for an award for meeting key values.The Be a Compass Star initiative, which rewards staff for demonstrating integrity, teamwork, passion, responsibility and a can-do attitude, follows a 13% rise in ...
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Article
Asda offers Christmas perks to staff
Asda is to launch festive instant reward scratch cards to boost employee morale and motivation during the Christmas period.The scheme, called 'Thanks for going the extra mile', will allow line managers to nominate members of Asda's 4,500 store-based workforce to receive a card which, when scratched, will reveal a prize. ...
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Case Studies
Case Study: Liverpool Women’s NHS Trust uses vouchers to reward staff
When the Liverpool Women's NHS Financial Trust achieved a high performance rating for its services in a report published last year by the Healthcare Commission, the trust's board of directors decided to show staff their appreciation by providing them with a Christmas gift.The board recognised that the trust's outstanding performance ...
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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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Article
Richard Tyler, compensation, benefits and HRIS manager at Alcatel-Lucent: Benefits play key role in successful mergers
Companies have long used mergers and acquisitions (M&A) as a way of strengthening their market position, increasing their global footprint and, or, bringing together the talent and resources of employees in order to challenge competitors. One of the most important aspects of any M&A activity is to ensure all staff ...
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Article
Employee Benefits Live: Creating a positive environment crucial in a downturn
Employers have been warned that the current economic turmoil made it more important than ever to create a positive working environment built on trust otherwise they will risk loosing key talent once the downturn is over.Speaking at Employee Benefits Live, Judith Leary-Joyce, chief executive of Great Companies Consulting, told delegates ...
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Article
Responsibletravel.com launches ethical travel vouchers
Ethical online travel company responsibletravel.com has launched a corporate voucher scheme to enable employers to offer staff discounts on ethical holidays.The bespoke travel vouchers, which start from £50, are designed to suit a range of employee benefit schemes, long service incentives, performance based rewards. Employers can brand e-vouchers for staff ...
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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 ...
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Analysis
The role of reward during a recession
EXECUTIVE SUMMARY Benefits are an obvious target for a cost review, with many employers still not maximising the savings on benefits. It is better to be innovative about adjusting existing policies than removing benefits that are contractual. Most employee contracts are structured with enough flexibility to enable companies to tweak ...
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Article
Linking incentive schemes with business strategy
Linking incentive schemes with business strategy can prove highly effective in boosting employee motivation levels, says Sarah ColesIn the early 1990s, US-based Continental Airlines had a real image problem: years of cost-cutting had left employees often demotivated, and flights were frequently late or cancelled. The company decided that it needed ...
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Article
Interview with Adrian Furnham, professor in psychology at the University of London
Adrian Furnham, a professor in psychology, believes that an effective motivation strategy should have clear targets, offer valued incentives and be linked to performance, says Amanda WilkinsonThrowing money at a problem does not always help to solve the underlying issue. When it comes to motivating employees, that is certainly the ...