UK: Meeting Firms Up Their Game on Talent Retention
Incentive trips and morale-boosting events for staff are becoming a corporate priority once again, but the pre-recession excesses are a thing of the past, according to Wayne Moss, MD of Jarvis Woodhouse, which has seen a "massive uplift" in bookings for staff recognition and reward events in the last year.
"It kicked off with the World Cup, but we have seen quite a shift in new client wins and in spending patterns in the past 12 months," he told meetpie.com.
Moss cited a family fun day organised by Jarvis Woodhouse in September for 750 attendees for an insurance company as just one example of companies working harder to retain their employees.
"Pay rises are happening but not in the leaps and bounds that they might have been pre-recession, so therefore there does seem to be a greater spend on staff retention," he said. "Pay alone is not retaining staff - this is about showing them that their company is a great place to work."