80% of employees would be more loyal if they understood their benefits
13.09.2016There is no doubting that adopting a holistic approach to employee wellness and wellbeing makes complete business sense; the focus should be around body, mind and money – physical, mental and financial.
It’s not just about keeping employees in work or even retaining them long-term; it’s also key to keep them healthy whilst they are at work.
Latest CIPD research revealed that nearly one third (31%) of employees surveyed have experienced mental health problems while in employment. And half of respondents who describe their mental health as poor, have taken time off work for this reason.
Over recent years, we have seen an increasing number of businesses looking at employee retention and reward programmes – centred around increasing staff loyalty, in addition to attracting new talent. Research that we have conducted indicates that 80% of employees would be more loyal if they understood their benefits. It is therefore vital to develop and maintain a communication strategy to keep a workforce fully engaged.
As an employer, you need to give your people the tools to help themselves and to do the best in their job – after all that’s how you will get the most from them. Communicating benefits effectively to your employees is one tool that can benefit employers too.
Read the full article on HR & Charity News.