Business Post

  • A Cost-Effective Way to Reward your Staff Post-Lockdown

    Your company’s best asset is its employees, but most will have experienced some challenges to their physical and mental wellbeing over the last 12 months including; - Working from home - Lack of social contact - Childcare and/or Eldercare issues - Loss of loved ones - Illness - Furlough - Reduced hours - Higher workloads The majority of your staff will have shown great resilience to the challenges thrown at them, but some will have coped less well and will have been supported to some degree by your health and wellbeing programme. Your employees have worked hard to support your business during this difficult time, so how can you reward them in a relatively cost-effective way? One idea is to introduce a staff discount scheme, commonly known as Employee Perks. It is one of the more recent innovations in employee benefits, having been around for a decade, or so, and is gaining in popularity. There are now several companies offering this type of benefit in the UK. Members of an Employee Perks scheme will enjoy discounts in areas such as; - Coffee Shops & Restaurants - Supermarkets - Fashion Retailers - Technology - Mobile Phone Contracts / Insurance - Utility Bills - Holidays - Cinemas - Days Out The schemes have more recently developed to support the physical and mental health of employees by including access to 24/7 GP helplines, employee assistance programmes, wellbeing apps and discounted gym memberships. The addition of an Employee Perks scheme to your health and wellbeing programme may be a great way of rewarding your staff, who have helped your business perform at its best, during a particularly tough period. Your company should also benefit from increased productivity, due to improved staff engagement, resulting from the scheme's introduction.