Tag Archives: employee benefits

Want to be Number One? Put Employee Wellbeing First

A happy workforce is a productive one. That’s why more and more organisations are taking account of employee wellbeing in their business travel activities.

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Recently, a term that has been trending among procurement professionals is ‘employee wellbeing’. It refers not only to the physical and mental health of your workforce but also to the idea that a happy workforce will be a more productive one and this is nowhere more evident than in the business travel industry.

When it comes to sending your team on the road, there are so many factors to consider, from speed and efficiency to cost effectiveness and reliability. Now we can add employee wellbeing to the list, and arguably it should be up there at the top. Evidence is emerging that the welfare of your team can impact performance and the growth of your entire operation.

Business travel, especially international, can offer exciting opportunities for personal career growth, as well as a chance to experience new cultures, foods, people and environments. On the flip side, frequent international travel can also be highly stressful and physically demanding with the need to adjust to changing climates and time zones. Putting work needs before personal needs is a common habit of many frequent work fliers. Yet, everyone knows that a well-rested employee is better able to give their all and achieve great results.

There are a number of steps that travel managers can take to ensure the health and happiness of the team. Here are some effective strategies for improving the wellbeing of your team and, in turn, benefitting your business.

Integrating Employee Wellbeing

If you’re new to this, here are some tips on how to integrate wellbeing strategies into your business travel policy:

1. Ensure a stress-free ride:

Reliance on multiple transfers and public transportation in an unfamiliar location can lead to lost time through the confusion, lost connections and complex directions. This means that your employee is likely to arrive flustered, delayed and not in the best shape for work.  

You need to simplify the logistics, minimize stress and cut down on wait times. Find a provider that can offer both pre-book and on-demand options at home and abroad with a reliable service that can ensure rapid arrival times.

To achieve this you’ll be looking for a provider with a large fleet size, as this will enable it to guarantee availability, so long journeys aren’t made even longer.

2. Go with a service you know

Use brands you trust and have a relationship with. This way you and your employees know you are getting a reliable, secure service, which helps to create a relaxing travel experience.

Choose a provider that prioritizes fleet security, using vetted cars both locally and internationally, so that you can be absolutely certain that your employees are travelling in safety and your ‘duty of care’ obligations are being met.

3. Keep track of your team

Tracking tools can keep you informed of where your employees are, especially when they travel abroad. This allows you to guarantee their safety and make it possible to locate and assist them in case of travel disruptions, caused by political upheaval, extreme weather, or any other kind of emergency.

4. Take your foot off the gas

Add breathing room into the schedule. Just because, hypothetically, your employee could fit all six meetings into one day, spreading the work over two days will allow your team member to arrive to each meeting well, properly recharged, rested and prepared.

In addition, build in flexibility in the schedule gives employees time to see the sights, and decompress, enjoying a new city so they can get back on the job refreshed and reinvigorated.

5. Spread the word

Set travel policies in advance and then make sure they are well advertised.  Employees are frequently unaware of their options, particularly with foreign travel.

For example, in an unfamiliar environment, employees may use an unvetted cab service, if they are not aware of partnerships with local providers. Or if they become unwell while abroad, they may be unaware of insurance coverage. This could result in them trying to hold out until they get home with regard to a medical issue that would be better dealt with immediately.

The performance and the personal wellbeing of your employees are tightly interwoven. Being at their best is what allows your team to give their best. To achieve this goal, companies need to ensure a friction-free travel experience for their employees.

To perform at their peak, they need to be able to relax between meetings and at the end of the workday. By partnering with a reliable, pre-approved service your company can meet its duty of care anywhere in the world.

Learn more on how to make your employees’ travel experience healthier, happier and more productive here.

Small Businesses Suffering Brain Drain

A lack of employee benefits has been cited as one of the key reasons employees leave small businesses every year.

Small businesses are suffering a staff brain drain, with nearly one in five workers quitting each year for new jobs blaming poor employee benefits, research from new online provider Pure Benefits shows.

The study by Pure Benefits found that 18 per cent of staff – around 450,000 a year – have switched in the past five years, saying a lack of benefits was a major reason.

Sourcing Employee Benefits

Small businesses with fewer than 50 staff employ more than 12.4 million people across the UK, and have total annual turnover of more than £1.2 trillion. However, these business often struggle to source employee benefits such as life insurance, income protection and private medical insurance for staff.

The Pure Benefits research found that 63 per cent of small business owners are confused by the employee benefits options on offer, and don’t know how to find cost-effective solutions for staff. More than a fifth of owners (22 per cent) say they do not offer any benefits.

Pure Benefits enables business owners to source cost effective benefits including life insurance, income protection, dental insurance, business travel insurance, critical illness and key person cover from leading providers including Unum, Aviva, Vitality, National Dental Plan and Millstream.

The company’s online service is designed to be quick and efficient and to address administrative and compliance issues for small companies focused on growing their businesses and protecting staff.

Employee Benefits Requirements

While there are some benefits that organisations are required by law to grant to employees, such as holiday allowance, minimum wage, working hours and sick leave, going beyond this for small businesses can be difficult.

In fact, starting this year in the UK, small businesses will be required for the first time to provide employees with a pension, something which is aimed at ensuring future provision for all workers in the country. However, in America, this still isn’t a requirement.

Other benefits, such as maternity or paternity leave, also differ from organisation to organisation, and country to country. In the UK, employees are entitled to up to 52 weeks of maternity leave, but in the USA, employees are entitled to up to 12 weeks of unpaid leave.

The strength of employee benefits will often swing a decision on where an individual’s next job is going to be. The promise of incentives (bonus, car, etc.) or benefits (pensions, leave, etc.) is said to be one of the deciding factors for employees, beyond company brand or other, intangible, factors.

Valued Staff

Stuart Gray, founder and chairman of Pure Benefits says: “The small business brain drain is a growing issue for small companies with nearly one in five staff leaving every year simply because they are not receiving the benefits the big firms provide

“That is a major brake on the ambitions of small business owners who our research shows are committed to expansion. Around 80 per cent of companies told us they want to grow, while 47 per cent say they want to protect their business.

“Well-designed and cost-effective employee benefits are a major driver in enabling businesses to grow and ensure staff feel valued and are more productive as a result.”

The table below shows the benefits on offer at firms employing up to 50 staff:

Small Businesses Employee Benefits