Employee Benefits

ScottishInvestments

Free Member
Nov 28, 2011
298
81
Hi all,

Just curious what benefits you offer your employees (if any)?

We're currently changing a few things in our business (restructuring) etc and we're thinking of ways to retain and make our employees lives a little bit better at work.

A few suggestions were: Free meals, free childcare (could get very expensive, very quickly though), setting up a gym and making it free to use.

I would appreciate any input

ScotInvest
 

Weevl

Free Member
Jun 15, 2012
7
1
Match your benefits to your business goals and the employees' wishes. It is unlikely that a mainly young workforce will want the same benefits as older employees for example. Some may be happy to have more flexible working hours, others may be glad to be able to 'buy' an extra couple of days off. Whatever you decide, start simple so that you can test the waters and extend the benefits later, giving you twice the feel good factor and keeping costs down.

Benefits do not all have to cost the employer or employee anything.
For the employer, some benefits may offer considerable National Insurance savings when offered under a salary sacrifice arrangement whereby an employee gives up part of the cash pay in return for non-cash benefits such as pension and childcare payments.
Benefits can have a positive impact on people’s impression of the business and the attraction and retention of good people is another cost saving outcome.
 
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ScottishInvestments

Free Member
Nov 28, 2011
298
81
Thanks both for your input. Most grateful.

The vast majority of my employees are office-based, and as most know, an office environment can be very stressful. I think the gym idea is a good one, it will allow staff to de-stress and get fit. Obviously it will be free and employees will be able to use it 24/7, not just office hours.

My thinking behind this is, happy staff = more productive. I have read several reports that back this up. I also think this will retain staff, thus less costs of training!

Of course it's not all about money, it's about the welfare of my staff. I'll put it out to 'consultation' as it were.

ScotInvest
 
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Blood Lust

Free Member
Sep 7, 2011
981
139
Hi all,

Just curious what benefits you offer your employees (if any)?

We're currently changing a few things in our business (restructuring) etc and we're thinking of ways to retain and make our employees lives a little bit better at work.

A few suggestions were: Free meals, free childcare (could get very expensive, very quickly though), setting up a gym and making it free to use.

I would appreciate any input

ScotInvest

Hi Scotvest

Motivation is the expertise of human resource managers. The good thing is your local waterstones will have a good range of HR books to choose from which will help you out a lot -

Management skills
The first step is to evaluate your managers to make sure they arent demotivating people and thus driving up your staff turnover -
1. Do any of them have poor interpersonal skills?
2. Are any of them moody or dictorial towards the staff?
3. Do any of them bully members of staff?
4. Are any of them sociopathic?
5. Do any of them practice favouritism or discrimination?
6. Do any of them fail to put negative feedback across tactfully?

Staff Skills
The second step is to evaluate your staff to make sure they arent demotivating others around them and thus driving up your staff turnover -
1. Do they have poor interpersonal skills?
2. Do any of them try to push other staff around?
3. Do any of them bully their colleagues?
4. Are any of them sociopathic?
5. Do any of them practice favouritism or discrimination?

2-Way Communication and Correction
By facilitating 2-way communication (not just a top down approach) the business allows staff and managers to inform their superiors of any problems. A good way is to survery all staff and managers with a questionnaire every 6 months that reveals answers to all of the above questions. Depending on the nature of problems detected you can either correct them with training or disciplinary action. Letting them know it will be done every six months from that point onwards also acts as a detterant.

Work Enviroment
The third step is to check the stress levels in each type of job.

Pay and Benefits
The fourth step is to check that you at least pay your staff the average rate for the type of work they do in the area that they live. Free meals, perks, bonuses and higher rates of pay do increase motivation.

Psychological Needs
The fifth stage is to make sure their psychological needs are being taken care off because when they are a state of mind occurs called self-actualisation. This is where they will try to live up to their full potential -
1. Make sure they can survive on their wages and have job security.
2. Get everyone socialising, give a sense of group belonging to each employee, encourage a culture of respect between them all.
3. Use rewards and recongition to boast employee egos. A hierarchy chart on the wall including the pictures of managers and important members of staff boasts their egos resulting in motivation. A weekly company email or bulletin giving praise to those who performed well boasts their ego. A employee of the month award boasts their ego. Etc, etc, etc
4. Where possible giving your most motivated people a sandbox environment to be creative in their jobs.

Training and Development
The sixth stage is to define the skills required for each role throughout the company. Then give each person their own personal training file with a development plan to gain the skills for their job and work towards the skills needed for promotion. Businesses usually do this with appraisels. Knowing they are being developed will result in motivation.

Dangle Carrots
The final stage is to dangle carrots. Only dangle a carrot infront of someone if they will get their reward should they do as asked and if you're asking them to do something which they can realistically achieve will a bit of hard work.

Hope that helps.
 
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Rasta Pickles

Free Member
Jun 15, 2010
335
71
Bristol
Thanks both for your input. Most grateful.

The vast majority of my employees are office-based, and as most know, an office environment can be very stressful. I think the gym idea is a good one, it will allow staff to de-stress and get fit. Obviously it will be free and employees will be able to use it 24/7, not just office hours.

My thinking behind this is, happy staff = more productive. I have read several reports that back this up. I also think this will retain staff, thus less costs of training!

Of course it's not all about money, it's about the welfare of my staff. I'll put it out to 'consultation' as it were.

ScotInvest

My company did an employee survey last year......the number one thing that came up (bearing in mind the survey was conducted over all sections of the business, call centre (mostly young girls) to accountants (mostly older men) was not pay, surprisingly, but flexible start/finish times and the ability to do nine day fortnights........you work an extra 7.5hrs over a fortnight and the following fortnight you can take a Friday or Monday off.
 
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My company did an employee survey last year......the number one thing that came up (bearing in mind the survey was conducted over all sections of the business, call centre (mostly young girls) to accountants (mostly older men) was not pay, surprisingly, but flexible start/finish times and the ability to do nine day fortnights........you work an extra 7.5hrs over a fortnight and the following fortnight you can take a Friday or Monday off.

It can be really awkward to get stuff done when you work 9-5 5days a week. Just had to travel overnight to be at my son's to get a telephone line connected because they will only come in works time. Cost us a whole day, and overnight in a travelodge for a 15 mins appointment! So the occasional flexibility over hours is really valuable to many. For dentists, gift shopping, house services, doctor, house hunting, banking etc etc
 
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Don't overlook the fun and satisfaction of a worthwhile job, well done. Creating a focussed environment where people are valued. Taking time to thank people for going the extra is priceless.

This personal appreciation is often worth more than blanket benefits, which eventually get seen as a right.
 
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maxine

Free Member
Oct 13, 2007
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Cambs
Christine's right .. Things become the norm after a while. Bonus schemes can become an entitlement etc

Nobody ever earns enough money

Whenever I've run surveys in the past Thank yous come out nearly always at the top along with flexibility

In my company money is tight and pressure is on to get results. I have to accept its going to be like that for a long time until I make my millions :)

I really cope ok with flexible working arrangements though and people regularly say they like this as it eases personal pressure when needing time off at short notice so I try to offer this as much as possible
 
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Talay

Free Member
Mar 12, 2012
4,170
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I concur that flexibility is probably the highest sought after employee benefit after oodles of extra cash.

If something is given "free", such as gym membership, then you need to be aware that this can cause resentment amongst those who have no intention of joining.

However, after years of giving this and that, I came to the conclusion that it doesn't really matter because if you have the right atmosphere then they will stay and be productive and if you haven't then they won't, no matter how many free gyms you give them.
 
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Hi all,

Just curious what benefits you offer your employees (if any)?

We're currently changing a few things in our business (restructuring) etc and we're thinking of ways to retain and make our employees lives a little bit better at work.

A few suggestions were: Free meals, free childcare (could get very expensive, very quickly though), setting up a gym and making it free to use.

I would appreciate any input

ScotInvest

You've had some sage advice already but I would just add that there are many factors to consider when looking at staff reward/conditions of work and how to improve things, e.g.


  • Employee preferences or wish-list (as has been mentioned)
  • Employment conditions at other local employers/competitors (i.e. where your employees may look to jump ship to if they are not happy where they are)
  • Cost implications to the business of any change
  • Practical and resource implications (e.g. around flexible working, etc)
  • Hassle factor
  • Tax efficiencies (or inefficiencies if not done right)
  • Objectives of the business (e.g. to reduce costs or to reduce staff turnover or just to be a "better" employer, etc etc etc)
It is not clear how many employees you have but it may be sensible to seek professional advice around this as you could end up wasting valuable time on something that doesn't hit the mark or wasting money. I have vast experience in this area so happy to have an informal chat if you think this would be worthwhile.


Regards
 
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I agree with the gym idea, as exercise is great for stress relief. However I think you also need to think about the employees who may not be able to exercise due to health problems, or just because they really don't want to!!
Maybe also adding a chill out room with soft lighting, bean bags, some ipods/games consoles/kindles etc. Some staff will find this just as beneficial as going to a gym, and it can also be quite a social area, which I think people will like.
I think you are much better to provide a couple of alternatives than just offering one thing, as not everyone will like the same things.
 
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