Developing a benefits policy to enhance retention rates and restore employee productivity About ReLondonReLondon is LWARB, renamed – a partnership of the Mayor of London and London's boroughs to improve waste and resource management and transform the capital into a leading low-carbon circular economy.ReLondon's challengeOur consultants were set the challenge to work closely with representatives from across LWARB to:Develop a 'harmonisation plan’.Perform a regrading exercise.Develop a job description process so there is clarity and agreement about future positions.Benchmark salaries so they know what is competitive, and where they stand. Communicate these changes to the team and compile the required paperwork and documentation for the rollout.How our HR Advisory experts helpedOur HR Advisory experts gathered a reputable, results-driven team to undertake a six-week work program to identify the results of the challenges set, to identify the key stakeholders to interact with, and pinpoint and gain knowledge on the key areas that should be focused on to design and build a coordinated action plan. We held a series of workshops to develop these outputs. The resultsWe improved base salary, in agreement with the board, by developing a strong business case for internal salary increases. As a result, staff retention rates improved, and productivity was restored. In a bespoke report, our team outlined changes in working patterns, and how to enhance brand reputation in the market to maintain their newly improved staff retention rate. Furthermore, by utilising ReLondon’s specific benefit packages more effectively, we created and formalised a policy that has a greater impact, with a return on investment for future cost savings. Not only did our consultants identify that more effective utilisation of employee expertise and skills would be a huge asset for future projects and company goals, but they streamlined the interview process so our client could begin attracting the right people for the right roles, alongside retaining their top talent. Ultimately, It is essential to provide employees with the necessary resources and support to ensure they feel safe, secure and engaged in their roles. By putting in place clear and formal processes for staff mobilisation, employers can create a positive and productive workplace environment for all, benefiting both employees and employers alike. Get to know our HR Advisory services Our team of HR experts provides a variety of services, from supporting our clients with salary benchmarking to career transition support. Discover more Contact us todayFor more information on how we can transform your business, contact our team today using the contact form below.IMPORTANT: By submitting your email address and any other personal information to this website, you consent to such information being collected, held, used and disclosed in accordance with our PRIVACY POLICY and our website TERMS AND CONDITIONS.Webinar & eventsBrowse our library of webinar & events for exclusive market insights. Join or watch on-demand Read our related articles 2024 Flexible Working Bill: Everything you need to knowNew flexible working laws are set to come into force in Spring 2024, but what does this revised Bill really mean for…By Michael Page4 min read The new employee-worker paradigm: What HR teams need to know HR professionals will likely remember the conversations about the 'Great Resignation' that were commonplace in 2021…By Michael Page4 min read Supporting neurodiverse workers: A guide for employersDiversity, Equity and Inclusion (DE&I) have become watchwords for forward-thinking organisations keen to secure…By Michael Page Gender equity in the workplace: Meta, Microsoft, LMAX, & PageGroup’s experts discuss The conversation around how to create true equity and equality for women in the workplace has only ramped up in recent…By Michael Page Looking for HR talent in 2023? Here’s how the hiring market has changedIncreasing numbers of redundancies and insolvencies, compounded by the rising cost-of-living, are creating a…By Michael Page What does company culture really mean in a hybrid workplace?The majority of businesses would agree that company culture is important. The value of a strong workplace culture is…By Michael Page Pagination Show more