Discover what your people really need to keep them engaged, on board, and performing to their full potential
It’s no secret that the Covid-19 pandemic has redefined our way of working. Almost overnight, employees across the globe adapted to the remote model and began benefitting from the boost in work/life balance. Once lockdown restrictions eased, workers were reluctant to return to stressful commutes, restricted family time, and less opportunities for self-care.
Armed with this new insight around what could be, employees started to hold their own needs in higher regard. No longer were they content to accept the traditional 9-5, in-office approach to working once they realised their work could be done from anywhere. No longer were they happy to prioritise work over wellbeing when protecting their health suddenly became a central focus during the pandemic.
Now, employees are asking “what’s in it for me?” They are aware of the connection between work and home life, the impact of burnout, and importance of holistic wellbeing and healthcare. Perhaps this is why 96% of workers are set to look for a new job this year in what has now been coined as The Great Resignation.
However, with the cost of replacing a worker averaging at £12,000, it’s clear that business leaders would be wise to focus their attention on retaining talent rather than replacing it. The question is, how do you retain your valued workforce when employee loyalty is waning? The answer lies in finding out what your people really want…
Employee Benefits That Boost Everyday Life
A study found that 94% of participants said they would like their employers to provide benefits that have a meaningful impact on their quality of life. During 2022, the most desirable employee benefits were identified as:
- Financial support
- Childcare facilities
- Flexible working hours
- Flexible salary access
- Personalised benefits packages
With 75% of employees admitting they would be more likely to stay with an employer because of their benefits programme, it’s important to opt for a provider who can help you meet these emerging needs while satisfying the unique needs of your workforce.
We’ve made it our mission to understand precisely what your business and your people need most, and our bespoke wellbeing and benefits platform delivers all that and more. From financial support and savings to help with the cost-of-living crunch to simple solutions that establish a culture of continuous recognition, our benefits focus on the things that really matter by enriching the lives of your people both in and out of the workplace.
Recognition and Reward
A happy workplace is a more productive workplace. In fact, 75% of employees believe they would feel more satisfied in their jobs if they received at least one form of positive recognition per month, and 63% would not look for new roles if their work was consistently recognised.
But how do you encourage employee engagement when faced with rising business costs?
Whether it’s a reward for hitting a target, a long service award, or a simple thank you for a job well done, we can help you increase employee engagement, boost team morale, and give your staff the appreciation they deserve with our very own in-house recognition and reward app: Vivup highfive.
The broad appeal of Vivup highfive can support your organisation with:
- Reducing absenteeism
- Supporting your staff by recognising achievements and celebrating success
- Attracting and retaining talent
- Growing a positive workplace culture
Mental Health Support
A survey conducted by Corporate Wellness Magazine found that nearly a third of workers have experienced a decline in their mental health over the past year. An alarming 84% have also experienced at least one mental health challenge during the same timeframe.
When employees are unable to access essential mental health support, the impact is felt across all levels of the business. That’s because poor mental wellbeing at work can lead to:
- Reduced productivity and performance
- Disengagement, demotivation, and reduced focus
- Misaligned communication
- Poor decision making
- Increased risk of errors
- Lack of impulse control
It’s vital that employers take the time to develop a preventative wellbeing strategy before these issues arise. This strategy should not only have clearly defined goals, but should also be entwined with a wider employee benefits offering that supports the mental, physical, and financial wellness of your people.
From day-to-day challenges at home to mounting pressures in the workplace, our Employee Assistance and Wellbeing Programme offers differing levels of support based on your staff’s individual needs. This includes 24/7 access to a telephone helpline, face to face counselling, online resources, and training services for your managers.
Opportunities for Feedback
Because there’s no one-size-fits-all approach to employee wellbeing, your benefits should be as diverse and unique as your workforce. That’s why it’s so important to give your people a voice and include them in your decision making. If your people feel the support you’re offering is of no relevance to them, they will be far less likely to engage with their benefits and will feel less connected to the wider organisation.
We love partnering with trustworthy survey platforms such as WorkBuzz to gather convenient, anonymous feedback on behalf of our people. This helps to shape our direction and ensures our benefits stay meaningful in an ever-changing social and economic landscape.
To assess your people’s needs, you can:
- Conduct a company-wide pulse survey
- Create opportunities for your employees to make anonymous suggestions
- Host informal talk groups for your people to share their thoughts
Get in Touch Today
To learn more about how Vivup can help you deliver meaningful employee benefits that really make a difference, be sure to get in touch. Give our friendly team a call on 01252 784540, or email info@vivup.co.uk to request a platform demo.
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