Insights : Innecto Reward Consulting

Category: Employee engagement

New benefits you may not have heard of - hype or real added value?

According to Glassdoor, 60% of people regard benefits and perks as a major factor in deciding whether or not to accept a job, and 80% would choose additional benefits over a pay raise. Benefits are now a crucial part of any Employee Value Proposition (EVP), helping to both attract and retain employees. If they are conceived and put together in the right way, they can also play a massive role in job satisfaction, productivity and loyalty.

Posted by Mark Macoun on
25 July 2024

How companies can retain and attract the right talent in 2023

Employee engagement | Talent | Recruitment | Retention

The current economic climate looks set to prevail well into 2023 so, with high inflation, a squeeze on talent and market volatility, challenging times lie ahead. I can see companies benefiting from investing within, both in terms of nurturing home-grown talent and in fixing any culture and connectivity glitches many have experienced and accepted since the pandemic. Meanwhile, attracting the best talent is likely to hinge on nailing the all-important employee value proposition, while continuing to focus on the traits of equity and transparency so important to the younger generation.

Posted by Justine Woolf on
06 January 2023

How to effectively communicate recognition strategies

Employee engagement | Recognition

Effective communication for recognition strategies usually boils down to strong planning and delivery around the three key phases: pre-launch, launch and post-launch. This may sound obvious but there are plenty of key questions and considerations for each phase.

Posted by Cathryn Edmondson on
25 November 2022

Thought leadership: Top tips on maintaining team morale

Motivation | Employee engagement | Thought Leadership

The financial statement has landed, pointing to tough months ahead. During these testing times of cost-of-living and interest rate rises, employment attrition and government uncertainty, it can be difficult for employees to feel settled. A lack of stability outside work can quickly transfer to how people feel in their jobs, especially if they’re isolated by hybrid working. So how can you build and maintain morale to help them through it?

Posted by Justine Woolf on
18 November 2022

How to adapt your reward strategy to reflect shifts in work patterns

Employee engagement | Flexible working | Hybrid Working

Hybrid and home working provide a host of benefits as well as shortcomings, and employee expectations with regards to this have changed because of Covid. So how can companies adapt their reward strategies to reflect that?

Posted by Mark Macoun on
29 September 2022

How to use non-monetary forms of reward as an alternative to bonuses

Inadequate total compensation can be a contributing factor to people leaving their jobs and sometimes there is no magic wand that non-monetary reward can wave. Having said that, it can significantly enhance any company’s offering, allow you to express your culture and demonstrate how you would like to treat your employees. Here are some key ways to work non-monetary reward into your overall package.

Posted by Spencer Hughes on
26 August 2022

How to address the Great Resignation through employee benefits

Coming out of the pandemic, data on the Great Resignation around employee discontent and ultimately turnover is very mixed. Some organisations looked after their employees during Covid, kept them connected, allowed them to work remotely and showed concern for their wellbeing.

Posted by Lisa Trewhitt on
18 August 2022

How are employees’ environmental and social values changing and what does this mean for your engagement strategy?

Employee engagement | Responsible Reward | ESG

Over the past few years, we have seen an acceptance that the global business ecosystem is no longer sustainable if we carry on consuming at the current rate. This broad realisation has forced many businesses to look at how they’re running and make some fundamental changes to the way they incentivise their people.

Posted by Justine Woolf on
28 July 2022

What can you do to boost employee engagement

Employee engagement | Employee communications | Engagement

Employee engagement is for all employees, not just a few. It is vital that any programme reaches and resonates with all employees to make a positive difference. But how do we do that? Firstly, we need to understand how engaged employees are and whether there are any areas of concern.

Posted by Sarah Lardner on
10 June 2022

The Great Re-Engagement: How has Employee Engagement changed post-pandemic?

Employee engagement | Engagement

There is a clear business case for focusing on employee engagement, it is much more than just a point-in-time metric. However, traditionally it has been seen as a program to be delivered, often through employee satisfaction surveys.

Posted by Justine Woolf on
31 May 2022

What is employee engagement and why does it matter?

Employee engagement | Engagement

According to the CIPD appears to be no common understanding of employee engagement. Some definitions focus on employee behaviour or employee attitudes, some on employee feelings, some on conditions of work, and what the organisation does for them.

Posted by Emer Bucukoglu on
26 May 2022

Why employee engagement can ease the pressure on pay and reduce skills shortages

Pay & Reward | Employee engagement | Employee communications | Engagement

We do naturally see ebbs and flows in pay movement, and what feels heightened now, will in time be part of a wave.

Posted by Justine Woolf on
25 February 2022

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