Inflation is stressing out employees, HR leaders say
“This survey reveals that there are elements of the employee experience—outside of pay—that can support employees’ willingness to stay with a company,” said Robert Hicks, group HR director at Reward Gateway. “Whether it’s reward and recognition or financial, mental or physical wellbeing resources, HR leaders need all of these tools in their toolkit to best support their people right now, and help them retain their talent.”
Reward Gateway’s narrative for 2022 is the “Great Adjustment,” signifying that HR must adjust activities to focus on doing good by their employees. By making employee happiness the top priority, companies can ensure that productivity, retention and a more engaged workforce will follow. It will take a mindset shift for business leaders who’ve been in the game for decades, but if we’ve learned anything during the COVID-19 pandemic, adaptation is necessary to survive.
The survey included 3,799 employees and senior HR decision-makers across the U.S., United Kingdom and Australia. Founded in 2006, Reward Gateway provides an employee engagement platform that brings employee benefits, discounts, recognition and reward, wellbeing, communications and surveys into one unified hub. The company also has offices in Boston, Sydney and Melbourne, among other international destinations, and serves more than 2,000 clients, including American Express, Unilever, Samsung, IBM and McDonald’s.
