Benefits Rock

In an industry where retention is such a bug-bear, employee motivation is an ongoing priority. Generations X and Y now expect more reward than simply a salary cheque and end of year bonus. They expect work to be an enriching experience, to be something which challenges them but which is also fun, to be something which fits in with their other life commitments, and to make them feel valued and appreciated. Employers have increasingly responded by implementing new benefits and perks to help set them apart from the regular ‘here’s your pay packet, what more do you want?’ brigade. Crèches, or baby care facilities, are now familiar sites at many workplaces, an increasing workforce now has the option to work some or all of their time from home, and financial benefits such as transport season ticket loans have long been a regular feature.

Read the full article as published in Hotel Report here.

 
 

OTHER ARTICLES BY Chris Mumford, London

Are a Hotelier’s Expat Days Numbered?  
The Labour Challenge for Japan’s Casino Resorts
CEO Turnover 2018: A Study of the Top50 Largest Hotel Management Companies
The Evolution Of Private Clubs  
Business Cases Strengthen Performance Management: Q&A with Dr. Michelle Crosby