Greggs promised their staff 7 million in bonuses thanks to the success of their vegan sausage rolls and in this episode Khadija reflects on the importance of employee bonuses and incentives, sharing some great examples from her own experience as both an employee and successful business owner.There are lots of things that employees consider important when working, in any sized company, and being recognised for the work they do and being part of the team are key aspects that are important to them and there are ways for employers to recognise the part...
Greggs promised their staff 7 million in bonuses thanks to the success of their vegan sausage rolls and in this episode Khadija reflects on the importance of employee bonuses and incentives, sharing some great examples from her own experience as both an employee and successful business owner.
There are lots of things that employees consider important when working, in any sized company, and being recognised for the work they do and being part of the team are key aspects that are important to them and there are ways for employers to recognise the part employees play in the journey to success.
Employee benefits are a great way to celebrate the role employees play and provide benefits that make sure they feel valued. Listen in and hear how Khadija successfully achieved this in her business.
KEY TAKEAWAYS
- I first knew about employee benefit schemes when working at a large corporate – they had staff bonuses in the form of Christmas meals and incentive bonuses linked to sales.
- I also worked for Financial Ombudsman, a civil service organisation with employee benefits such as free health and dental care.
- I took the core values from the Ombudsman organisation into my new business because they were so closely aligned with my personal core values.
- They had great values that everyone in the company knew and understood
- I wanted my staff to be able to do the same in my company.
- One of the platforms I used as a start-up company was perk box - when my employees signed up they got access to free break-down cover for their vehicle and mobile phone insurance, in addition, there were opportunities for discounts on trips to places like Alton Towers.
- As the employer, I paid a monthly subscription to perk box so that my employees could access these additional benefits.
- If you don't already have an employee benefits scheme set up I recommend you start one as it can be a valuable tool for both staff retention and satisfaction.
- As an employer, it's vital to recognise the role your team play in the success of the company and employee benefits are a great way to do this.
BEST MOMENTS
‘I was, through a monthly subscription, able to offer my employees employer benefits'
‘I Googled cheap business opportunities and cleaning company came up as an option so I went and purchased the cleaning products required and got started'
‘It's an important topic to talk about'
VALUABLE RESOURCES
Keeping it Real with Khadija Podcast
www.perk.box.com
ABOUT THE HOST
Keep it real with Khadija is an interview-based podcast hosted by Khadija Kalifa. As a BBC Apprentice finalist and busy Mumpreneur, Khadija is on a mission to build an empire whilst raising two children, inspiring others to make their passion their profession. Khadija speaks openly about how she grew up in an underprivileged area, turned her daughter's birth trauma into a motivational story, and became a BBC Apprentice finalist, successful business mentor, motivational speaker, property investor and podcast host. Guests of the show speak candidly about life, business, mental health, mindset and making the most of every opportunity.
CONTACT
Www.keepitrealwithkhadija.com
Www.facebook.com/keepitrealwithkhadija
Email: keepitrealwithkhadija@gmail.com / info@keepitrealwithkhadija.com
Khadija Kalifa Instagram
Khadija Kalifa Twitter
This show was brought to you by Progressive Media
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