Employee motivation: Incentives and recognition help staff achieve work-life balance, says expert

Date: 10/05/2011

Employees see incentives and recognition as important to improving their work life balance, Lorica has said.

Matt Duffy, partnership manager at the consultancy, pointed out that childcare and annual leave were two of the top forms of incentives and recognition valued by staff.

These benefits help employees to maintain a work-life balance, Mr Duffy said.

"Anything that can enable an individual to choose a benefits package, to help work-life balance or shape that overall remuneration package will only help in the job market, obviously to the benefit of individual employees," he said.

"We are seeing a lot more focus now – in employees requesting and employers promoting – on flexible working.

"This is particularly around childcare and allowing people to trade holiday – to purchase additional leave entitlement from their employer – to help with that work-life balance," he added.

This follows research from the Chartered Institute of Personnel and Development (CIPD), which showed that staff think their standard of living has worsened compared with last year.

It said that the number of employees saying their standard of living has worsened in the last six months has increased from 31 per cent to 37 per cent.

Posted by Jo Morgan 

Related Articles:

Employee motivation: Staff see improvement in work-life balance
Employee motivation: Letting staff watch key Olympic events could boost morale
Employee motivation: Workplace pride defies recession
Employee motivation: Staff wellbeing toolkit launched
Employee motivation: How to spot a good employer

 

› Return