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Britain’s top 10 best incentives according to the results

Date:

  1. Financial bonuses
  2. Increased paid leave allowance 
  3. Additional ‘early-finish’ days
  4. Wellness related packages 
  5. Company dinners and social events 
  6. Vouchers or gift cards of choice for food
  7. Complimentary lunch or dinner
  8. Vouchers or gift cards for experiences (events or classes)
  9. Gym or fitness membership
  10. Vouchers or gift cards of choice for drinks

Financial bonuses – Money is important to us all especially for the younger generation who may be looking to get on the property ladder or start a family. It turns out that 37% of UK workers want financial bonuses as their biggest reward for hard work. 

Increased paid leave allowance –  it has been proven that those in their early 20’s appreciate a work-life balance highly as they value extra time off the most, compared to those in their late 20’s who prefer financial rewards. Starting off in the working world for the first time can prove a big culture shock to young people, so having enough annual leave allows people to take time off if they feel they need a break or to help ease them into the routine of full-time work.

Additional early finish days – similar to extra allowance, early finish days are something employees are big advocates for. Allowing employees to finish early occasionally is a great way to reward them for their hard work and provide them with extra time to relax or enjoy their favourite things out of work. 

Wellness related packages – wellness packages are the most popular benefits amongst those new to the workplace. Mental health has been much less taboo in the younger generation, and they are hyper-aware of this in the workplace. Offering a good work-life balance, as well as wellness packages, show that companies value an employee’s mental health just as much as they do themselves, which can be an attractive proposition to new talent.

Company dinners and social events – everyone is familiar with the ‘work hard play hard’ phrase and it turns out that we want our employers to keep this in mind when planning company incentives. Monthly dinners or drinks are a great way to create a bond amongst the team and also to simply socialise and have a laugh. It’s important to celebrate everyone’s achievements and special occasions and you can’t go wrong with a work social event. 

I hope this could make an insightful read for your audience and inspire business owners to up their workplace incentive game to appeal to modern times if they haven’t in a while. 
You can find the full findings and stats from the survey, along with BeeLiked’s analysis here – https://www.beeliked.com/blog/britains-best-incentives-the-conclusive-findings-into-what-attracts-uk-talent-in-2021

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Source: http://hrnews.co.uk/britains-top-10-best-incentives-according-to-the-results/

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