All Motivation and recognition articles – Page 131
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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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Article
Motorised bed used to motivate staff
Even the most dedicated employees' loyalty to their employer hangs in the balance during those critical few minutes after the alarm clock goes off, when staying in bed over earning a living can seem like a viable option.Now employers can recognise the daily challenge of getting up in the morning ...
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Article
The Gift Voucher Shop launches multi-store staff incentive card
The Gift Voucher Shop (GVS) has launched One4all, a new multi-store gift card that lets staff chose their own gift from over 17,000 outlets covering department stores, fashion outlets, hotels, travel providers and experiences.Retail partners within the One4all portfolio include Argos, Boots, B&Q, Comet, Currys, Debenhams, Halfords, House of Fraser, ...
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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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Article
P&MM launches experience voucher
P&MM has launched an incentive voucher that allows employees to choose what travel or experience they want based on the value of the reward they have earned, and decide when, where and how they want to use it.The U-Choose voucher is awarded by employers to staff who then have access ...
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Article
New guidance on flexible working launched
The Equality and Human Rights Commission has launched new flexible working guidance aimed at improving employee productivity, lowering business costs and meeting the needs of modern families.Working Better: The managers’ guide to flexible working was launched by Commission chair Trevor Phillips at the Greater Manchester Chamber of Commerce’s Annual General ...
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Article
Beaverbrooks, Whitbread and Aviva awarded for payroll giving excellence
Leading employers, including Beaverbrooks, Whitbread and Aviva, have been recognised for their payroll giving schemes at this year’s Payroll Giving Excellence Awards.At the third annual event, held at HM Treasury on 5 October, jewellery retailer Beaverbrooks won the award for Best launch of a new scheme, as well as the ...
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Article
Employees want gossip breaks and dating service at work
Imagine an office where female workers are granted official gossip breaks, such as the ones unofficially enjoyed by their smoking colleagues, and male employees are allowed to watch the football on plasma screen TVs during working hours.Meanwhile, amorous employees make eyes at each other during internal meetings after being introduced ...
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Article
Employee Benefits Live: Employers should understand what employees value most
Employers should try to understand what benefits employees value most in order to design a cost-effective reward package, according Michael Rose, director of Rewards Consulting.Speaking in a master class on total reward at Employee Benefits Live 2009, Rose urged employers to create a benefits package that was the best fit ...
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Article
Buyer's guide to electronic voucher cards (October 2009)
The versatility of electronic voucher cards is helping their popularity overtake paper vouchers, says Alison ColemanTrends in benefits may come and go, but gift and motivation vouchers remain a favourite among employers and staff, particularly in the current economic climate, when they can be used to help workers’ money go ...
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Article
Ceridian teams up with White Eagle on pre-paid cards
HR services provider Ceridian has chosen White Eagle (Europe) to supply a new prepaid payroll card to its clients.The Ceridian Evolution Prepaid MasterCard can have bonuses or cash rewards loaded onto it, and takes away the need to issue cheques or cash, particularly in the case of employees who do ...
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Article
Bupa employees volunteer in Ecuador
Healthcare company Bupa will launch its largest ever staff volunteering challenge in a remote village in Ecuador this month.Around 120 Bupa employees from across the globe will travel to Ecuador between September and November to build essential health facilities for the small agricultural community of Miraflores, where a doctor only ...
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Case Studies
Case Study: B&Q updates staff recognition scheme
B&Q tools up to reward achievementIn March, DIY retailer B&Q updated its ‘thank-you’ scheme to incorporate its new corporate giftcard product. The scheme is a way for B&Q’s 34,000 staff to recognise colleagues’ achievements at work.The new scheme includes a website, which employees visit to send electronic thank-you messages. Then, ...
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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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Article
Employers use team sport instead of beer to motivate staff
It appears that the age-old tradition of swilling pints after work is being cast aside, as employees are increasingly getting involved in team sport events with other colleagues.Perhaps this change in culture will reduce hangover rates in the workforce, while also minimising staff absences on a Monday triggered by the ...
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Article
Staff who understand reward are more motivated
More than half (57%) of business leaders who feel employees do not understand their reward have seen a drop in employee motivation, according to a study from Drewberry, the employee engagement and research consultancy.The research also found that business leaders who feel employees understand their reward only 23% saw a ...
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Article
X Factor star entertains Kwik Fit Insurance employees
X Factor star Laura White helped employees at Kwik Fit Insurance mark 10 years with the company at a celebration night at the Turnberry golf resort.A total of 52 employees from the Lanarkshire-based insurance intermediary attended the event, which was hosted by Clyde 1 radio presenter Suzie McGuire.During their overnight ...
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Article
Michael C. Fina launches new instant rewards offering
Michael C. Fina has launched a new employee rewards package that can be used to instantly recognise staffs' achievements in the workplace.Available as either a gift card or as voucher cheques, Spark rewards have been designed to provide organisations with a simple and effective means of offering their staff instant ...