Invest in staff well even when business finance is strict

You might think that when the finance is strict for business, the good staff is the initiative will be one of the first things to save to save money. However, research shows that this is not always true.

A recent survey shows that businesses feel that investment in welfare staff is still feasible, though, and in some cases because, recession. In fact, more than half believe it is ‘more important’ in the current financial climate. This is the findings of research conducted by the study institute.

Snapshot Research which surveyed 50 employers showed that the problem of welfare was in high workplace on the long-term agenda of various companies.

The response collected from entrepreneurs in the public and private sectors suggests that businesses recognize the importance of continuing to focus on the welfare staff in decline, by providing training, improving communication at all levels and through the creation or implementation of the underlying HR policy.

Claire Tyers, Director of Associate Leading Jobs, Health and Welfare Team Researchers at the Institute of Labor Studies, Commenting: “Entrepreneurs appear to have received that improving welfare has a positive implication for staff efficiency and, in the end, the profitability of their business.

“Therefore there is no reason to lose focus on this problem during the recession – actually the opposite is true – it becomes more important than to make people work and work with the best when they are there.”

Invest in welfare staff

Having healthy staff will really save your money in the long run. There are a number of cost-effective ways, you can invest in staff properly:

o Allow flexible work. Staff are allowed to work flexibly often report less stressful.
o Subsidized fresh fruit or other healthy eating initiatives at work.
o Offers flexible benefit packages including health insurance. Research has shown that private health insurance is the second most important benefit for staff, after retirement.
o Arrange the Office Sport team or sponscile streets for charity.
o Improve communication at work and ensure staff know they can talk to someone with confidence if they have a problem.
o Make sure the staff are trained so they feel confident and happy in their work.

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