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Workers 'less happy with incentives and recognition' compared to 2009
Date: 02/03/2010
Fresh data collected for this year's Best 100 Companies to Work For poll has discovered that employees across the UK are not as happy with their incentives and recognition packages when compared to 2009.
According to the organisation, the score for the so-called "fair deal" dropped by 3.4 percentage points from 59.5 per cent in 2009 to 56 per cent.
Best Companies research associate Carla Cavanagh explained that the survey is not necessarily bad; after all, it does not imply that individuals are less engaged, and there is a trend that shows many companies are doing something with rewards as and when they can.
"The best companies drive to constantly improve their benefits and make them easily accessible," she continued. "You can look at companies which offer the same type and number of benefits, but in one company people are happy and in another they are not."
Best Companies added that organisations which tailor incentives and recognition to staff are seen as the best firms to work for, instead of those who spend the most money.
Brendan Barber, the general secretary of the Trades Union Congress, recently criticised the Royal Bank of Scotland for paying huge bonuses in light of the government bailout, adding that a "Robin Hood Tax" is only fair to bring some money back into the economy.