All Motivation and recognition articles – Page 134
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Analysis
Employee engagement: Health packages pep up organisations and staff
Company-provided healthcare benefits and wellbeing programmes can aid employee engagement if communicated well and can boost an organisation’s profits too, Sam Barrett reportsHealthcare and wellbeing benefits can bring advantages to both employees and employers by reducing sickness, cutting absenteeism and increasing productivity.Medical insurance, for example, gives employees access to private ...
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Analysis
What is employee engagement?
When staff are well-motivated and support the culture of the business, both sides usually benefit. Steve Hemsley looks at how employers can assess and encourage engagementIT MAY be hard to motivate a workforce in general, but it is even more difficult to come up with strategies and employee benefits that ...
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Analysis
Share plans give edge to staff performance
This article is brought to you by our sponsor Yorkshire building society.Never have share plans been able to meet organisations’ increasing needs more strongly to attract, retain and engage employees. In an increasingly competitive world, organisations have to get the best out of their teams and continuously improve business performance. ...
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Analysis
Employee engagement: Refreshing flex schemes creates closer ties with the workforce
Organisations that regularly review and update the flexible benefits they offer will be rewarded by greater staff loyalty and employee engagement, argues Alison ColemanIt is almost a decade since the arrival of flexible benefits in the UK and such schemes are now firmly established as one of the most valuable ...
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Analysis
Understanding staff psyche to evaluate benefits
Jenny Keefe assesses how behavioural science can be used to select and evaluate the effectiveness of benefits packagesWhat do Marks & Spencer underwear and pensions funds have in common? They have both been criticised for bewildering people with too much choice. Marks & Spencer chief executive Stuart Rose has, in ...
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Analysis
Staff aching for wellness schemes
This article is brought to you by our sponsor HealthSure.Health-related sickness absence is one of the biggest concerns for British businesses today. It has been estimated that absence due to sickness costs around £12bn each year, with the average level of health-related absence at eight days per year per employee, ...
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Article
RSM International formalises secondment programme for staff
RSM International has formalised its international secondment programme for staff across its 73 member firms worldwide, to give guidance to those wishing to work at another member firm.The audit, tax and consulting network has over 24,000 staff working in 630 offices worldwide, and the programme has been designed to develop ...
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Article
Engaging staff can help to reduce turnover
Employers can drive down labour turnover and improve productivity by engaging and recognising employees at work. This is according to Sophie Jenkins, European consumer services director at Lego, speaking on improving business performance at the Human Resources Forum, held last week. Lego conducts regular staff surveys to identify how employees ...
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Article
Aon gives extra holiday to celebrate twentieth anniversary
Aon is to give all employees an extra day's holiday to be taken on their birthday to celebrate its twentieth anniversary.Over 5,000 UK employees will benefit from the perk over the next year in recognition of the date Aon was quoted on the New York Stock Exchange on 24 April ...
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Article
Corporate Rewards launches pre-pay card
Corporate Rewards has launched a pre-pay card to help employers motivate staff.Employers can load cash amounts onto the Corporate Rewards Card to reward or incentivise staff, who can then spend the credit at any outlet that accepts MasterCard.Sean Wilkinson, managing director at Corporate Rewards, explained: "Employers can load on money ...
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Article
Bucks Council looks for provider to develop reward concept
Buckinghamshire County Council has developed a reward concept that links to its organisational values and is now looking for a benefits provider to produce software for the motivation scheme with a view to also offering it to other employers.Under the planned scheme, staff will be able to log into an ...
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Article
Morrisons introduces staff discount to tackle turnover
Morrisons plans to introduce a 10% staff discount as part of its bid to reduce high turnover.The move is part of the supermarket chain’s planned £450m investment to modernise its stores and will be available to all 118,000 employees across the business.Marc Bolland, the company’s new chief executive, said: “In ...
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Article
BT launches university foundation degree for staff
BT has created a new foundation degree for its employees, in partnership with the University of Sunderland.BT Global Services UK and the University of Sunderland have developed a foundation degree in sales account and relationship management in order to offer BT employees business-focused, work-based higher education. The two-year programme will ...
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Analysis
Involving staff in decisions about their jobs will help motivate
When staff are actively involved in decision making that affects their job, they will be more motivated and satisfied than when exposed to a command and control regime.Research has conclusively shown that the greater job satisfaction employees have, the healthier and more productive they will be. This is a phenomena ...
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Article
P&MM revamps internal staff recognition scheme
P&MM has revamped its internal staff recognition scheme with the launch of a 70s disco-themed plan.The scheme, which is branded Smart R's, is intended to focus on relationships, results and recognition, and encourages employees to nominate colleagues where they see behaviour that makes a difference to the company. Nomination categories ...
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Analysis
Royal Mail's reward strategy pays off
Last year, Royal Mail went out on a limb with its scheme that rewarded employees for workplace attendance by handing out cars and other luxury prizes, but the strategy has achieved key goals, says Jon Allen, head of employee relations at Royal Mail.Article in fullAs British industry responds to the ...
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Article
Friends Provident new bonus
Friends Provident is to introduce a bonus scheme based on employees' individual performance, following feedback from staff and representation from trade union Amicus.The financial services group hopes that the move will help to increase employees' motivation by making them feel that they can have an influence over the level of ...
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Case Studies
Kleinwort Benson Private Bank motivates staff on an individual basis
Kleinwort Benson Private Bank tends to motivate staff on an individual basis, by assessing each new employee in order to identify what drives them at work. This insight is used to develop a clear career progression path within the firm for the bankers, which, combined with bonuses, helps keeps them ...
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Analysis
High earners appreciate benefits beyond wages
A common reward myth states that staff at the top are only motivated by money, but perks also have a key role to play, says Nick GoldingWhen it comes to incentivising high earners, the normal rules of motivation may not always apply. While there is rarely ever one perk that ...
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Article
Ikea staff sell Christmas gift
Employees at Ikea have put a number of company branded-bicycles given to them as Christmas presents up for sale on Ebay.The household retail store gave each of its 9,000 staff a branded folding bicycle as a Christmas gift at the firm’s annual Christmas breakfast. More than 90, however, have since ...