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ENGAGE, REWARD & INSPIRE WITH PERKBOX

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Page 1: ENGAGE, REWARD & INSPIRE WITH PERKBOXstatic1.hudcdn.net.s3.amazonaws.com/Assets/Explainer decks/How … · THE EMPLOYEE ENGAGEMENT CHALLENGE Employee disengagement is affecting the

ENGAGE, REWARD & INSPIRE WITH PERKBOX

Page 2: ENGAGE, REWARD & INSPIRE WITH PERKBOXstatic1.hudcdn.net.s3.amazonaws.com/Assets/Explainer decks/How … · THE EMPLOYEE ENGAGEMENT CHALLENGE Employee disengagement is affecting the

THE EMPLOYEE ENGAGEMENT CHALLENGE

Employee disengagement is affecting the bottomline of businesses nationwide

SOURCESCIPD, ‘Employee outlook: employee views on working life’, 2O15

Passionate, willing to collaborate, committed to organisation’s long term goalsdisengaged

No passion or enthusiasm, no emotional commitment to

the work/the company

engaged39%

61%

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expected rise in avg. UK turnover rates by 2O18

of UK employees are currently looking for a

new job

23%39%of employees love their job

83%of employees go

unrecognised at work

THE EMPLOYEE ENGAGEMENT CHALLENGE

Employee disengagement is affecting the bottomline of businesses nationwide

SOURCESDale Carnegie, ‘Employee Engagement Infographic’; Hay Group ‘Employee Disengagement Costs UK £340 bn Every Year’; Forbes, ‘New

research unlocks the secret of Employee Engagement’, 2O12, Forbes ‘Workplace stress leads to less productive employees’, 2O14; CIPD ‘Job seeking hits two-year high as employee satisfaction at work plummets’, 2O16; HR Grapevine, ‘Employee turnover rises’, 2O14

Just

14.8% 18%

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Sector Absenteeism Recruitment cost/yr Training cost/yr Total extra cost per disengaged employee/yr

Care £1,O41.O7 £471.44 £487.94 £2,OOO.45

Hospitality & Catering £187.59 £1,118.12 £1,157.25 £2,462.96

IT & Tech £737.2O £839.73 £869.12 £2,446.O5

Construction £513.37 £967.O5 £1,OOO.9O £2,481.31

Financial Services £932.58 £62O.53 £642.25 £2,195.36

Education £971.53 £388.36 £4O1.95 £1,761.84

Manufacturing £511.4O £364.79 £377.56 £1,253.75

Media £531.24 £1,226.32 £1,269.25 £3,O26.81

Retail £1,O89.45 £772.7O £799.74 £2,661.89

Recruitment £412.93 £1321 £1,367.96 £3,1O2.59

THE FINANCIAL COST OF DISENGAGED EMPLOYEESA disengaged employee can cost a business more than £3,1OO/yr extra

SOURCESReed, ‘Average Salary - UK’, 2O16; CIPD, ‘Absence Management’, 2O16, Perkbox Research & Insights team

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SOURCESGloboforce, The science of happiness, 2013; The Work Foundation, 2014, Constrained Work? Job enrichment & employee engagement in low wage, low skill jobs,’, 2O14; IOSR Journal of Humanities and Social Science, ‘Implications of employee

engagement on critical business outcomes - an empirical evidence’.

WHAT CAN ENGAGED EMPLOYEES BRING TO YOUR BUSINESS?

4 ways employee engagement can benefit employers

98% 37% 87%fewer sick days

takenless likely to

leave

Engaged employees stay twice as long in their current jobincreased identification

with the values of your organisation

Employees are

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WE’RE TRANSFORMING EMPLOYEE ENGAGEMENT ACROSS THE UK

Perkbox has become the fastest growing employee engagement provider

SOURCESPerkbox Research & Insights Team

avg. annual savings per employee

exclusive perks companies use Perkbox

avg. increase in employee retention

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increase in employee referrals

ROITotal savings per employee in the

first three months

CASE STUDY: HOW ‘NEXT STAGE’ REDUCED STAFF TURNOVER BY 44% IN 6 MONTHS

reduction in staff turnover

SOURCESNext Stage HR Analytics, 2O16

58% 14% 5% 43%

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CASE STUDY: HOW ‘NEXT STAGE’ REDUCED STAFF TURNOVER BY 44% IN 6 MONTHS

Click to view video

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9O% POSITIVE RATINGS FROM EMPLOYEES & EMPLOYERS

STATS CORRECT AS OF 8/1O/16

FACEBOOK Number of 5* reviews: 554 Service: Excellent

FEEFO Number of 5* reviews: 291 Service: Excellent

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THE PERKBOX PLATFORM: ENGAGEMENT HUB

FINANCIAL: PERKS

EMOTIONAL: REWARDS & RECOGNITION

PHYSICAL: HEALTH & WELLBEING

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EMPLOYER BRANDED PLATFORM

BRANDED PLATFORM

BRANDED EMAILS

BRANDED APP

ACCESSIBLE ANYWHERE, ANYTIME

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OUR CUSTOMERS SPAN ALL KEY SECTORS

FOOD SERVICES

RETAIL

AUTOMOTIVE + TECH

CARE

INSURANCE

HOSPITALITY

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FINANCIAL WELLBEING: PERKS

Make everyday savings and use our powerful search function to find the perks you’re looking for

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8:3Oam 1pm 6:3Opm

7pm8pm1Opm

A DAY IN THE LIFE OF A PERKBOX CUSTOMEROur perks will come in handy for you and your employees at all times of the day

Pick up your free coffee from Caffè Nero on the way to work

Quick trip to the gym – save up to 28% with Perkbox

corporate rates

Order lunch from your favourite takeaway and save

£5 with Deliveroo

Grocery run – save up to 5% at 3O,OOO stores

Trip to the cinema – half-price tickets for you and

your friends

Last minute online shopping – save 4%

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FINANCIAL WELLBEING: SALARY SACRIFICE

CYCLE-TO-WORK CHILDCARE FITNESS

GYMS CARS & PARKING TECHNOLOGY

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Salary sacrifice scheme Potential employee savings (per employee)

Potential employer savings (per employee)

Cycle-to-work £32O £138

Childcare vouchers (as % of employees with children) £933.12 £256.61

Car £1152 £5O4

Tech £45.48 £O

Workplace nursery scheme £256O £3O4

Parking £576 £248.4O

Gym £51.84 £O

FINANCIAL WELLBEING: SALARY SACRIFICE

*Figures based on a Basic Rate Taxpayer earning £24,OOO a year

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EMOTIONAL WELLBEING: REWARDS & RECOGNITION

REWARDS

Top down rewards and incentive programme

RECOGNITION

Peer-to-peer recognition with our fun online

badge system

GAMIFICATION

Encourage friendly competition with your

team leaderboard

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Telephone counselling support

Personal legal and financial advice

EMOTIONAL WELLBEING: FREE ‘EMPLOYEE ASSISTANCE PROGRAMME’

Free confidential support when it’s needed most

Available 24/7, 365 days a year

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PHYSICAL WELLBEING: PERKBOX WELLNESS HUBWhy introduce an employee wellness programme?

15% 8%

SOURCESZanebenefits, ‘Small Business Employee Benefits and HR Blog’; 2O15;

Fast Company, ‘Do Corporate Wellness Programs Really Boost Productivity?’, 2O14

EXERCISE

Employees who exercise are 15% more likely to have

higher job performance

ABSENTEEISM

Absenteeism among healthy employees is 27% lower

WELLNESS PROGRAMMES

Wellness programmes boost employee productivity by 8%

27%

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YOGA MINDFULNESS HEALTHY EATING

PHYSICAL WELLBEING: PERKBOX WELLNESS HUB

HEALTH COVER GYM MEMBERSHIPS DENTAL CARE

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FULLY COMPREHENSIVE ENGAGEMENT STRATEGY

7O% ENGAGEMENT

SMART ENGAGEMENT TECHNOLOGY

COMPETITIONSACCOUNT MANAGED SERVICE

+ + =

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Save 2O% on days out at Sealife

View

Save 2O% on days out at Sealife

View

KEEPING IT RELEVANT WITH SMART ENGAGEMENT TECHNOLOGYOnline savings assistant

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KEEPING IT RELEVANT WITH SMART ENGAGEMENT TECHNOLOGYSmart perk recommendations via push notifications

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Night OwlAwarded to Amanda Creed by Ben Leeswww.perkbox.com

Night OwlAwarded to Amanda Creed by Ben Leeswww.perkbox.com

KEEPING IT RELEVANT WITH SMART ENGAGEMENT TECHNOLOGY

Real-time browser push notifications

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QUARTERLY COMPETITIONS THAT DRIVEENGAGEMENT & BRING TEAMS TOGETHER

Ramsden International win a free ride in a hot air balloon

Click to view video

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Click to view video

QUARTERLY COMPETITIONS THAT DRIVEENGAGEMENT & BRING TEAMS TOGETHER

Pier Recruitment win free monthly massages for the whole office

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PERKBOX ‘HAPPY TEAMS’ PHOTO COMPETITION

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Usage & transaction data recorded 2016-08-11

Summary

Total number of licenses 600 Total number of users(Using 344 of 600 licenses) 344

Users logged in(306 of your 344 users) 89% Users redeemed

(313 of your 344 users) 91%

Usage

Phones insured 65 Cinema tickets purchased 223

Tastecards registered 167 Badges sent 14

£27,671.07Minimum saved so far(Actual savings may be higher as it's not possible to track exact usage on all perks)

CLEAR AND PROACTIVE MANAGEMENT INFORMATION

PERKS USAGE & ROI REPORTING REWARDS & RECOGNITION DASHBOARD

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perkbox.co.uk

O2O8 396 6812

@perkbox

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