Vivup Benefits Blog | Vivup

What Your Workers Want – And Why It Matters | Vivup

Written by Sinead Murphy | Oct 23, 2023 2:10:30 PM

Discover what your people really need to keep them engaged, on board, and performing to their full potential  

We all know that a strategic approach is vital to business success. As the heart of your organisation, it’s important to consider your people and their unique needs when crafting this strategy.  

In an age of work where employees are asking “what’s in it for me?” while aware of the opportunities that are available elsewhere, leaders need to meet these diverse needs if they want to attract and retain the best talent. 

So, what can you do to ensure that your employees needs are prioritised?  

From a CEO perspective, it’s important to embed the importance of employee wellbeing into your organisation and overall culture. Doing so demonstrates that this should be considered across all parts of the organisation and will filter its way from the top down. 

 

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 2023, the most popular employee benefits were ones that promoted better work/life balance, such as:  

  • Flexible working hours  
  • Unlimited, exchangeable, or purchasable annual leave  
  • Health and wellbeing benefits     
  • Childcare support  
  • Enhanced pensions  

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 requirements of your workforce.    

From financial support and savings 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.   

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   

The feedback you collect can also help you discover how best to develop and progress your people’s careers. This can be achieved via mentorship opportunities, regular responsibility reviews, and looking internally for recruitment to allow for internal progression.  

 

Financial Support  

As many as 7 in 10 Brits experience financial stress, the result of which can impact their health, lead to increased absenteeism, and negatively affect productivity and engagement. 

Implementing financial support such as Salary Sacrifice benefits and Lifestyle Savings opportunities (both available through Vivup) is a great way to help employees manage their money and safeguard their financial wellbeing during this economically turbulent time.  

 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.  

 

 

 

 

 

 

 

 

 

 

Terms & Conditions

Lifestyle Savings - Savings or offers are subject to availability. Terms & conditions apply for all third parties.

Hi5 - Rewards provided to employees through the Vivup Hi5 platform are subject to HMRC. Employee incentive award rules on Income tax and National Insurance Contributions. Rewards cannot be exchanged or re-sold. Gift cards are subject to change

EAP - 24/7 access to the Online GP app but telephone/video consultations are 8am-10pm, 7 days a week, UK time, excluding UK bank holidays