All Motivation and recognition articles – Page 138
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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 ...
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Article
Lack of flexible working drives workers into low-skilled jobs
A lack of flexible working opportunities is driving highly-qualified workers into jobs below their skills level.If more flexible working was available, 6.5m people in Britain could be using their skills to a greater extent, according to a new report by the Equal Opportunities Commission (EOC), Working Outside the Box. This ...
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Article
Tesco plans homes for staff
Tesco plans to provide affordable housing for its staff across London.The supermarket chain is to trial the scheme in Streatham by building approximately 250 flats alongside its Tesco store, 13 of which will be allocated to Tesco staff. As well as the housing, planned Tesco developments for the Streatham site ...
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Article
Less stress for employees aged over 56 years
Workers aged over 56 years experience significantly less stress than their younger colleagues,and different age groups are subject to different sources of stress in the workplace, according to new research.The research was conducted by Lucy Watt from business psychologists Robertson Cooper, Sheena Johnson of the University of Manchester and their ...
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Article
Singing praises is key to staff loyalty
Over three quarters of the UK workforce would feel more valued and stay in their jobs longer if their companies introduced congratulatory perks.Gifts such as chocolate or discounts to tourist attractions are received by approximately 26% of employees, according to an online viral survey which sampled 500 people from across ...