In 2017, a study by AttaCoin found that 88% of employees agreed it’s important for employers to reward employees for great work, meanwhile research by Clutch found that 49% of employees say that receiving perks/benefits means they know that their employers are investing in them as individuals. These stats indicate workers want to feel valued, and by introducing the notion that they will be rewarded for their hard work, employees will likely go the extra mile for their organisation.
This coupled with workplace perks and benefits, morale will surely increase, which in turn will improve productivity, retention and the overall wellbeing of a business – making it a win-win for all involved.
As such, in 2019’s HR Grapevine’s Guide to Rewards & Benefits, we take a look at how weaving benefits into your company policy can engage your workforce and better your chances at attracting new talent, as well as how you can incentivise your team with the inclusion of rewards. Meanwhile, we also speak to some industry experts about their thoughts on whether employers should take a one-size-fits-all approach to rewards and benefits.