Optimising welfare benefits
Thinking about their employees’ future
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Unvalued welfare benefits
Current compensation systems tend to remunerate employees on the basis of performance, rewarding their contributions to a company’s results while helping to raise their motivation.
However, in their collective agreements, on an industry or company level, some businesses maintain remuneratory items which are not in line with the above approach, which include:
- Length-of-service and retirement awards
- Christmas hampers
- Marriage gratifications
- Death gratifications
- Childbirth gratifications
- Study grants
Our advice comprises the following stages:
- Stage I: Diagnosis of current structure of welfare benefits and other remuneratory
- Stage II: Implementation of the new welfare benefit structure
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