Employee Perks

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Employee Perks

Employee Rewards and Recognition Support

Great people, consistently performing at a high level, deserve great rewards and benefits. But it’s not as simple as just paying the right salary.

It’s essential to design a thoughtful rewards and benefits structure that aligns with your culture and values, drives consistency and fairness, and can scale up as your organisation grows. This can be complex, and if not carefully managed, can become a tangled mess.

At Petaurum HR, we understand the importance of getting the right foundations in place for your employee rewards and recognition program. We can help you navigate the complexities of reward strategies, compensation schemes, and flexible benefits, ensuring your approach is both effective and sustainable.

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Why Choose an Employee Rewards and Recognition Program?

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Enhance Employee Engagement

An effective employee reward and recognition program boosts morale and productivity. By recognising and rewarding your team’s efforts, you can foster a positive work environment that encourages high performance and job satisfaction.

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Ensure Fairness and Consistency

All organisations, regardless of size, should have a clear and consistent approach to pay and benefits. While it can get more complex in larger organisations, simple frameworks can maintain consistency as organisations grow. Equal pay is a crucial consideration for all.

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Drive Organisational Growth

Thoughtfully designed reward and benefit structures can scale with your organisation, helping you attract and retain top talent. This not only supports immediate performance but also contributes to long-term growth and success.

Common Questions About Employee Rewards and Recognition

Isn’t this just an issue for big organisations?

No, all organisations, regardless of size, should have a clear and consistent approach to pay and benefits. While larger organisations might face more complexity, simple frameworks can be used to maintain consistency and fairness as they grow.

What is salary sacrifice?

Salary sacrifice is an agreement to reduce an employee’s entitlement to cash pay, usually in return for a non-cash benefit. Employers can set up salary sacrifice arrangements by changing the terms of employment contracts, with the employee’s agreement.

Do I need to comply with Gender Pay Gap reporting?

Gender pay gap reporting requires organisations to review and publish a detailed breakdown of the overall gap in pay between men and women. It is mandatory for all UK private and voluntary sector companies (excluding Northern Ireland) and most public sector organisations with 250 employees or more.

What are flexible benefits?

Flexible benefits allow employees more choice in the benefits they receive from their employer’s package. While few schemes are truly flexible, as it’s challenging to make every benefit optional, most schemes offer some core benefits that cannot be opted out of.