How can employers use total reward to align staff with business goals?
Employee engagement is at the forefront of most benefits strategies, particularly as employers increasingly understand the correlation with higher profits. Beyond just boosting satisfaction, how can employers engage staff directly with business goals?
Providing employees with shares, or aligning financial reward with business performance, can give staff a vested interested in organisational goals. Aligning recognition with the employer’s values and objectives can influence employee engagement and behaviours, but should be carefully considered so as to avoid damaging objectives. Finally using effective communications and a culture of transparency, organisations can foster an environment in which they work together with their employees towards common goals.
Ian Bird, Business Development Director at Secondsight, shares his thoughts on the importance of educating employees alongside the implementation of share save schemes.
Read the full article from Employee Benefits and Ian’s comments here