Creating a sense of belonging has never been more important and employee benefits help to forge organisational identity.
They can signify what a company stands for and demonstrate care and respect for employees – but only if people engage with them. As employers settle on hybrid working arrangements for the long term, it’s time to think about creating a benefit programme that’s fit for the future.
In recent years, hybrid working has emerged as the model of choice. It’s clear why. Nine in ten employees are looking for more flexibility, but many still see value in the workplace as a creative, collaborative and social hub.
Hybrid working, when managed well, offers the best of both worlds. But it also presents a cultural challenge. The long-term impacts of the model are yet to be confirmed. Some 64% of hybrid workers already believe that office culture has changed forever, and not necessarily for the better.
With different people in and out of the workplace at different times, employees can start to feel like working nomads. They can lose connection with one another and what their organisation really stands for.
This can damage employee engagement and by extension organisational performance.
Employers should do all they can to mitigate this risk. Employee benefits can play a central role. Staff that are happy with their benefit package estimate their engagement as 11% higher than average, and 25% higher than the least satisfied.
Benefits can signify organisational purpose and personality. They can demonstrate care, understanding and appreciation of employees. But only when the benefits are carefully considered and delivered in the right way.
This guide explains how a transition to hybrid working can impact employees’ requirements of their benefits and benefit programme. It shows how employers can create a winning offering for the new world of work.
Over the last decade, organisations have realised the value of creating fantastic employee experiences.
For many employers, the office or workspace has been at the heart of their engagement and reward strategies. Free meals, games rooms, onsite creches and yoga classes all became popular. They demonstrate that employers understand their teams’ needs and care enough to support them.
Employers must continue to demonstrate this understanding. But with increasing remote working, office-based benefits risk irrelevance. They don’t work when people aren’t in the workplace. The pandemic – and consequent shift to hybrid working – has accelerated the need for change and for more personalisation.
When employees are in different locations and situations, a one-size-fits-all approach to benefits won’t work. At best this will leave employees feeling misunderstood. At worst, they could feel excluded.
Instead, organisations need to offer a raft of flexible benefits and target employees with those most relevant to them.
Employers need to consider how they deliver benefits and whether their methods are still fit-for-purpose.
To serve the needs of a hybrid workforce, a benefit programme must be:
There is a risk that moving to hybrid working could damage the organisational culture and the employee experience. But it doesn’t have to.
HR teams can help avoid this by drawing on all the tools at their disposal to reinforce these and ensure they extend beyond the four walls of the workplace.
And employee benefits and benefits technologies are powerful tools. Using Zest’s superior and flexible technology, employers can show every employee how they are an important part of a caring and cohesive organisation, no matter where they’re based.
It’s worth noting that implementing Zest is also very simple, so the setup and transition needn’t be a barrier.
Five ways that a flexible benefit programme can help employers build a more diverse workforce.Read
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