Fair Deal - How happy employees are with pay and benefits
Fair Deal itself doesn’t directly influence another factor. It’s classified as a hygiene factor. Sure, doubling everybody’s salary would make them happy but it wouldn’t make them feel any better about factors such as leadership and management.
Now although pay is not an engager, it is important that pay and benefits are at the right level as to not disengage employees further.
KP Snacks demonstrates its commitment to fair treatment through financial support initiatives in collaboration with Grocery Aid, offering financial grants and a one-off cost of living payment to colleagues earning £35,000 or less per annum.
KP Snacks' leadership ensures transparency and clarity through regular updates on the KP4ME portal and on-site townhall meetings. They promote organisational values and provide strategic direction, enhancing employee engagement.
KP Snacks' 'Community Heroes' initiative encourages employees to support local community projects. Additionally, the company's sustainable strategy, 'People & Planet', highlights its commitment to environmental responsibility.
Lovat Parks maintains a hands-on approach with its leadership frequently visiting parks and central offices. The company encourages openness and accessibility, enabling employees to comfortably share their thoughts, concerns, and suggestions. The management also ensures regular one-to-ones and reviews to focus on employee strengths.
Lovat Parks offers interest-free pay advances to all team members, with flexible repayment options. The company is a real living wage employer and offers all team members a 50% discount on any holiday booked on one of their parks.
The company's commitment to wellbeing is notable, with a structured plan focusing on workplace, financial, social, and mental wellbeing. Lovat Parks also offers an Employee Assistance Programme, mental health awareness training, and a Mental Health First Aider programme.
Siddall & Hilton's dedicated work committee, representative of various business areas, coordinates seasonal social activities. This not only enriches the workplace culture but also fosters team spirit and camaraderie.
Siddall & Hilton's fair treatment of employees is reflected in its quarterly profit-related bonus scheme. It has also increased pay overall by 23% over the last two years, demonstrating its commitment to employee welfare amid the cost of living crisis.
Siddall & Hilton prioritises mental health, with initiatives such as the Menopause Café and the 'Listening Ears' team. It also provides a fully funded financial coaching service, further supporting their employees' wellbeing.
Oryx Align supports personal growth by providing a variety of training courses through Udemy licenses and internal training sessions. The company's focus on individual development plans and the promotion of internal talent underscores its commitment to growth.
In addition to private healthcare and pension contributions, Oryx Align supports its employees through financial contributions to help with energy bills. This commitment to fair treatment extends to free financial advice through its partnership with Schroders.
Oryx Align's leadership team ensures transparency and alignment through regular company update meetings, led by the CEO. The company's values are reinforced through a 'Living our Values' award at the annual awards ceremony.
