Benefits and Reward, one year on - Andrew Michael, Goodman Masson

Benefits & Reward

One year on…

4th June 2014

last year…

Benefits and Reward

Our belief... What do people want from an employer?

Infrastructure to Succeed Good client acquisition Strong candidate flow Investment in Brand

Career Path Opportunity for progress Evolve Professionally

The working experience There’s more to life than Work®

Well and Correctly Rewarded

What do people want from an employer? Surveys

Benefits and Reward

- Social Enterprise survey by Coalition - 1 in 4 would take a salary drop for other benefits

- 40% of workers think companies only care about profit not engagement

- Generation Y choose work life and wellbeing before financial rewards

- ‘Y’ will stay if supported, looked after, engaged and greater say on how they are paid

- ‘Talking about my generation’- Benefits engagement challenge

Well and Correctly Rewarded

Not just a basic Salary

Not just a bonus

Not just a holiday entitlement

It is the total overall reward package

Best Reward Strategy aligned to Business Strategy 2013

Most Engaging Benefits Package 2014

Best Healthcare and Wellbeing Benefits Package 2014

The Benefits Boutique

We set out to create a benefits package that was unique and unheard of in our industry.

We believe we have achieved exactly that!

‘The Benefits Boutique’ was started with the ambition to help people join the property ladder.

Following this a whole host of benefits were created - from interest reducing loans to exotic holiday funds.



Mortgage fund



Mortgage fund

Student Loan Fund



Mortgage fund

Student Loan Fund

Buying and Selling Holiday



Mortgage fund

Student Loan Fund


Home Improvement Loan



Mortgage fund

Student Loan Fund



New Parent Loan


Italian ClassesStart tonight!

5.30 in the Chill Out Zone!


Mortgage fund

Student Loan Fund



New Parent Loan

Knowledge Fund – ‘There’s more to life than work®’



Mortgage fund

Student Loan Fund



New Parent Loan

Knowledge Fund – ‘There’s more to life than work’

Buying or Leasing a Car



Mortgage fund

Student Loan Fund



New Parent Loan

Knowledge Fund – ‘There’s more to life than work’

Buying or Leasing a Car

Sports Membership

The Benefits Boutique last year…


80 - People participating

31 - Mortgage fund

3 - Student Loan

25 - Bought holiday

10 - New Cars

<14% attrition

this year…

The Benefits Boutique this year…

Most Engaging Benefits Package 2014 Best Healthcare and Wellbeing Benefits

Package 2014

101 - People participating

28 - Mortgage fund

3 - Student Loan

25 - Bought holiday

10 - New Cars

38 - Technology

4 - Personal Trainer

5 - Knowledge

<14% attrition



Package 2014



Package 2014

New bonus scheme launched Jan 2014



Package 2014

New bonus scheme launched Jan 2014First mortgage funds available in Feb 2015, with a mortgage advisor available



Package 2014

New bonus scheme launched Jan 2014First mortgage funds available in Feb 2015, with a mortgage advisor availableHome insurance



Package 2014

New bonus scheme launched Jan 2014First mortgage funds available in Feb 2015, with a mortgage advisor availableHome insuranceCar Insurance



Package 2014

New bonus scheme launched Jan 2014First mortgage funds available in Feb 2015, with a mortgage advisor availableHome insuranceCar InsuranceLegal Services

UK registered trademark

Goodman Masson is the first company globally to be awarded a registered trademark ® in relation to the topic of employee engagement

The Experience®

There’s more to life than Work ®

UK registered trademark – Why is this important to us?

The Experience®

There’s more to live than Work®

13th December 2013

13th February 2014

A firm belief that we have something that is truly unique and we wanted recognition of this…important for everyone within the business to feel this

A voice with a level of authority within our client community on the subject of hiring and retention

UK Intellectual Property Office accepted our trade mark applications

It became a registered trademark

From a ™ to a ®

Awards

The Recruiter Awards‘Best Large Recruitment Agency to work for’ – 2013‘Best Professional Services Recruitment Company’

– 2011 & 2012

Employee Benefits Awards‘Best Reward Strategy Aligned to

Business Strategy’ – 2013

The Recruiter Fast Track 50No 28 in the Recruiter Fast Track 50, fastest growing UK business

The Times – Best Small Companies to work for

Ranked No.2 – 2011Ranked No.8 – 2012

APSCo Awards for Excellence

Recruitment Company of the Year – 2011

What does it take to make an employer of choice? In the recruitment sector, two words: Goodman Masson.

In my view they have made Goodman Masson a very special business. They are re-writing how a recruitment organisation should treat its staff.

This was the stand-out entry. Goodman Masson is innovative and has clearly thought about its audience

We retained our award from last year – Best Recruitment Company To Work For

We regained our award from 2011 & 2012 – Best Professional Services Recruitment Company

Won the ‘Excellence in Leadership’ award & were ranked the 7th best workplace in the UK. Also invited to Rome for a special award ceremony as one of the Best Workplaces in Europe.

Questions?

Benefits and Reward, one year on - Andrew Michael, Goodman Masson

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Transcript of Benefits and Reward, one year on - Andrew Michael, Goodman Masson