Reward and benefit scheme transforms RS Components
Purpose – The purpose of this paper is to describe how a new reward and benefits scheme has helped RS Components Ltd, a UK distributor of electronics and maintenance products, to improve employee engagement and retention and attract new talent. Design/methodology/approach – The paper explains the reasons for the scheme, the form it takes and the results it has achieved. Findings – The paper details the main aims of the scheme as better employee health and well being, better internal communications, increased employee engagement and motivation and a reduced carbon footprint for the business and shows how each of these is being achieved. Practical implications – In particular the paper explains that the scheme is helping the company to compete effectively for, and retain, scarce talent. Originality/value – The paper reveals that My Reward has created a buzz among employees and improved their commitment to the company.
Year of publication: |
2012
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Published in: |
Human Resource Management International Digest. - Emerald Group Publishing Limited, ISSN 1758-7166, ZDB-ID 2082534-1. - Vol. 20.2012, 1, p. 9-13
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Publisher: |
Emerald Group Publishing Limited |
Subject: | United Kingdom | Employee behaviour | Benefits | Rewards | Retention | Commitment | Motivation | Awards |
Saved in:
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