Pictured above: Justine Vaughan, Founder and Director of
Triangle HR
A local HR consultancy is reminding employers that pay rises
aren't the only way to reward employees' efforts and contribution
to their business.
With the challenging economic climate forcing many employers to
freeze wages and rule out annual salary increases, Shropshire-based
Triangle HR is urging local businesses to think creatively and come
up with alternative incentives to recognise and encourage excellent
performance.
Founder and Director of Triangle HR, Justine Vaughan, explained:
"With April being the start of the new financial year for many
local employers, some employees will be looking to negotiate salary
increases and bonuses as a reward for their hard work. While many
businesses, especially smaller operations, aren't yet in the
position to offer such pay rises, there are still plenty of other
ways to boost staff morale and thank employees for their
efforts."
Justine highlights the growing number of companies that have
introduced 'Employee of the Month' schemes and other similar
initiatives, where staff receive one-off prizes such as gift
vouchers or gadgets to recognise their success. Other popular moves
she recommends include giving managers the discretion to award
extra holidays or paid leave; encouraging more flexible working
practices on issues such as home-working, office hours and dress
codes; and staging regular work events and activities.
"With options such as offering extra holidays or working from
home as a reward, it's not so much about giving a financial
incentive, but about promoting a sense of well-being. Employees
feel refreshed, are better placed to tackle tricky 'work-life
balance' issues, and come to work with a positive mind-set, leading
to increased productivity and a happier working environment. It is
also worth employers considering whether any of their staff could
be put forward for any work-placed training schemes or
qualifications - not only do workers get to enhance their skills
and boost their long-term career prospects, but the company also
benefits from a more qualified workforce.
"Similarly, if it's possible to replace old equipment, such as
office computers or phones, with newer, better versions, not only
do employees see the benefits and feel part of something with a
positive future, but employers reap the rewards from increased
productivity and efficiency," Justine Vaughan added.
"We're actually in the process of getting a growing number of
local businesses on board to launch a dedicated package of
additional employee benefits that employers will be able to access
through Triangle HR. I'd urge any Shropshire-based company
interested in getting involved with the scheme, either as an
employer who would like to enhance their employee 'package' at no
additional cost, or as a business owner that would like to offer
its services or products to thousands of local employers through
Triangle HR, to get in touch," Justine concluded.
Figures released by the Office for National Statistics for the
final three months of 2010 revealed the average worker received an
annual wage rise of just 1.8%, well below the rate of inflation and
a real-terms cut in income.
Triangle HR offers a full consultancy service covering every
area of employment and provides a professional, cost-effective
solution for businesses across the region. For further information
please call 01743 453170, 07801 500462, visit www.trianglehr.co.uk
or email Justine on justine@trianglehr.co.uk.