EMPLOYEE HEALTH AND BENEFITS
Global - Six in 10 employees globally want a greater say in the companies they work for and they believe profit sharing would motivate them to perform at a higher level.
The latest survey results from workforce solutions leader Kelly Services revealed that around 40% of 134,000 respondents globally have compensation tied to individual, group or company performance targets. More than a third of respondents in the group that does not have performance-based pay would like to see this practice implemented in their companies with Generation Ys (aged 18-29) most attracted to it.
Kelly Services executive vice president and COO, George Corona said profit sharing and greater company ownership can create a strong bond that motivates people to be more productive and creative. This is particularly important when the global talent shortage looms. "Employers may want to consider how they can improve the productivity of their workforce by offering employment packages that align individual performance to corporate goals."
Findings from the Kelly Global Workforce Index also showed that employees want better company benefits and perks with around 80% of all generations think employers should take some responsibility for their health and well-being. Over half said employers should provide incentives to them for adopting healthier changes such as quitting smoking, losing weight or exercising. The employer-provided health benefit most attractive to all generations is health insurance, while gym access or discounts are relatively popular with Gen Y.
Another half of respondents rated corporate health benefits as "very important" with Gen Y and Gen X respondents viewing training as a "much more important" benefit besides salary. Corona said it isn't surprising that health and training have emerged as two key priorities for many individuals with most employees spending plenty amount of time working. He added that these benefits would help strengthen commitment for the long term and should be recognised as a good human capital investment by employers.
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