Ensuring that your employees remain happy, motivated and productive is important to the success of your business. Find out how you can ensure this.
Ensuring that your employees remain happy, motivated and productive is important to the success of your business. In order to do this, it’s vital that you show employees that they are appreciated through the implementation of a strategic wellbeing programme. To do this, it’s vital that reward and benefits professionals are aware of these trends:
Offering your workforce individualised benefits and meeting their personal needs is vital in retaining and rewarding your employees. Remember, no two employees are the same.
This can be done through the introduction of an online platform such as Smart Hive, which allows businesses to run many benefit schemes that can be managed quickly and efficiently. It’s vital that you no longer take a one-size-fits-all approach to your wellbeing strategy.
With the uncertainty that Brexit brought, many individuals across the UK find themselves confused and stressed about their financial future. In fact, according to PWC’s employee financial wellbeing survey, 53% of employees are worried about their financial situation.
Employee benefits such as Financial Wellbeing programmes, which provide employees with financial education and affordable borrowing and debt consolidation, are vital and should be incorporated into your reward strategy.
Without data, it can be difficult to make informed decisions about your employees’ wellbeing. Another trend which will be shaping wellbeing strategies is the use of online platforms such as Smart Hive which allow businesses to measure the success of their existing rewards.
By measuring impact, you can keep track of the key areas of concern within your company and gain valuable information about what type of benefits your employees appreciate. You can then incorporate this into your reward strategy, which in turn benefits employee wellbeing within your workplace.
It is vital that as a business, you incorporate all elements of wellbeing. This can be possible through the introduction of online platforms, which help to personalise your benefits offering. Find out more about our Smart Hive platform by calling us on 0330 333 9100.