How to develop an employee benefits program your staff will love

While your hotel needs to get more from your employees, remember that your employees are also looking for more out of you and your business. Having an employee benefits program is one way of motivating your staff to use their work habits and behaviours to benefit your business. A benefits program could improve work ethic, attitude, and general motivation. But the main point is that your employees must feel that you’re rewarding them, both for their hard work and the results of their efforts. And reward them you should – hotel staff are some of the hardest worked employees and that deserves to be acknowledged.

 Setting up an employee benefits program

When creating an employee benefits program, here are some things you need to keep in mind:

1. You should involve your employees with the development, implementation, and revision of the program
2. It is important that your employees see the rewards as being worth the effort and the reward system as fair
3. You should have clear program goals so that your employees understand how they can earn the rewards
4. Performance standards and targets for rewards must be specific, measurable, attainable, realistic, and timely
5. The program should focus on tangible accomplishments, e.g. rewards must be tied to achievements that are aligned with your business values
6. Rewards should always be linked to performance and given based on objective performance data
7. Offer rewards and benefits to all your employees and not just those in certain positions
8. The rewards must be something your employees want. There’s no point in having a reward nobody really desires or cares about, as they won’t work towards it
9. A reward should suit the employee. For example, don’t offer bottles of wine to employees who don’t drink
10. Acknowledge both small and big achievements, e.g. reaching sales targets, cost savings, great customer service, teamwork, etc.
11. Make the program an integral part of your business strategy, and execute it regularly.

 The benefits of having an employee benefits program

There are countless benefits for employers who have a good employee benefits program. These include:

• Building employee loyalty and engagement
• Increasing employee motivation, morale, and productivity
• Enhancing your Employment Value Proposition (EVP)
• Cementing or building your status as a ‘Preferred Employer’
• Reinforcing your employer or employment brand
• Differentiating your business or employment offering
• Increasing the disposable income of your employees
• Attracting and retaining excellent employees
• Reducing employee turnover.

Post copied from: See more at: http://ehotelier.com/2015/03/04/how-to-develop-an-employee-benefits-program-your-staff-will-love/#sthash.KAzqaDVL.dpuf