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Businesses 'need to offer non-financial benefits to employees' PDF Print E-mail
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Latest Recruitment News - Office Recruitment News
Written by DirectNews Feed   
Wednesday, 26 January 2011 00:00
Businesses 'need to offer non-financial benefits to employees' Employers offering office-based roles such as accountancy jobs in the City of London and throughout the rest of the UK need to consider the possibility of implementing more non-cash benefits for their staff in the near future.

That is according to Diana Bruce, policy advisor at the Chartered Institute of Payroll Professionals,who has said that rewards that are not financial may prove to be a "key area" for all organisations as workers continue to operate under pay freezes following the global economic downturn.

"Employers need to keep communication open at all times and find other ways of motivating staff," she said.

Ms Bruce noted that companies should consider offering more "flexible benefits packages" to reward workers with bonuses such as "childcare provision or private health insurance" as they are unable to give away additional cash.

Meanwhile, the Office for National Statistics stated last week (January 18th 2011) that consumer prices index annual inflation increased to 3.7 per cent in December 2010.

Posted by Daniel Frost
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