Employees are looking for more flexibility at their workplaces rather than concentrating only on salaries and benefits packages. Because of the disruption due to COVID, people want to retain flexible working hours, health benefits, and a good number of vacation days. Above all of that, workers are more serious about motivation and empathy than ever before. If you treat your employees like a part of your family, they will deliver you stellar performance and don't think of leaving your organization. You have to be flexible and bring changes in the work processes to synchronize with the changing business needs. Flexible rewards for employees help you to unlock true potential and provide a phenomenal total rewards experience. Let’s look into the Total Rewards Components that need to be revamped for a better experience. 1. Pay: Companies are becoming more flexible in providing compensation benefits and hikes in salaries. In today’s scenario, the achievement of team goals and honing
Employees and organisations worldwide have now started to work remotely once again, due to the second wave of the COVID-19 pandemic. A year back, no-one would have even thought of working remotely for months altogether. While everyone is still adjusting to the new normal, at times, the employees might not have the same level of energy or enthusiasm that they used to have in the office while working from home. With so many distractions at home, it is easy to detach yourself from your job. This reduces employee engagement and hugely impacts employee productivity. The best way to keep your remote employees engaged and boost their morale is by rewarding and recognising them. Due to the ongoing COVID-19 pandemic, it has been difficult for employers to follow the traditional employee rewards systems . The pandemic has affected organisations all over, across industries. As a result, remote reward and recognition through digital reward programs UK are becoming more prevalent now. The followi