Recruiting, motivating and retaining able staff is a key preoccupation of many businesses. Getting the rewards mix right is an important ingredient in successfully managing such staff. Remuneration menus made up of pensions, life insurance, tax efficient bonuses and benefits are common in well-managed businesses. But they require careful planning and selection depending on the type of business and the type of staff who are involved. What motivates and retains staff at an internet start up business or a bioscience research operation may require a different balance than at a manufacturing business with a substantial production line workforce.
If staff are the keys to successful businesses then well founded and managed reward strategies are vital. Taking the right advice early on means that the right moves can be made at the outset without having to make them as the business goes along. The result should be contented and efficient staff who are confident that they are getting the most appropriate deal for their time and their labour.
Directors' & Staff Benefits
Recruiting, motivating and retaining able staff is a key preoccupation of many businesses. Getting the rewards mix right is an important ingredient in successfully managing such staff. Remuneration menus made up of pensions, life insurance, tax efficient bonuses and benefits are common in well-managed businesses. But they require careful planning and selection depending on the type of business and the type of staff who are involved. What motivates and retains staff at an internet start up business or a bioscience research operation may require a different balance than at a manufacturing business with a substantial production line workforce.
If staff are the keys to successful businesses then well founded and managed reward strategies are vital. Taking the right advice early on means that the right moves can be made at the outset without having to make them as the business goes along. The result should be contented and efficient staff who are confident that they are getting the most appropriate deal for their time and their labour.
Robinson Financial Solutions Limited is an appointed representative of Tenetconnect Services Limited which is Authorised and Regulated by the Financial Conduct Authority.
Tenetconnect Services Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 150643.
Robinson Financial Solutions Limited is Registered in England and Wales under reference 08739152.
Registered office: 2 Mount Parade, Harrogate, North Yorkshire. HG1 1BX.
The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
