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How Eco-friendly Benefits Are Transforming Talent Management Strategies
Posted on June 26, 2023 by Editor
The rise of environmental consciousness has not just affected how businesses operate; it has also profoundly impacted their human resources strategies. One particular area where this shift is evident is in the realm of employee benefits, with eco-friendly perks taking centre stage. Eco-friendly benefits are perks offered by companies to encourage environmentally responsible behaviour among their employees.
In India, and globally, several businesses are offering these benefits to align with their values and goals. For instance, companies have implemented green transportation initiatives, providing shuttle services and promoting carpooling among employees. They incentivise the use of public transportation or carpooling, while others provide on-site facilities like electric vehicle charging stations, bike storage facilities, and composting and recycling programs. Other organisations have made strides towards creating eco-friendly campuses that incorporate renewable energy sources like solar panels and include green spaces for employees. These rewards are not only helping to reduce companies’ environmental impact, but they are also providing employees with opportunities to contribute positively to the environment.
Employees’ response to these eco-friendly incentives has been resoundingly positive. Research by Merrimack Media shows that eco-friendly businesses see a 55% increase in employee morale and improvements in business processes. It also highlights that organisations known for adhering to such practices tend to have higher than average employee retention rates. Moreover, employees feel more engaged and loyal to organisations that offer them opportunities to participate in environmental and sustainability initiatives.
By offering eco-friendly rewards, companies are able to attract, engage, and retain top talent. A study by the Anthesis Group suggests that environmentally focused organisations have a higher chance of attracting and retaining the best talent. Businesses with recognised sustainable business models report attracting a high calibre of applicants due to their commitment to environmental responsibility.
In summary, eco-friendly perks are no longer a nice to have but a necessity. By offering these incentives, companies can position themselves as responsible employers. As the world continues to prioritise environmental sustainability, companies that adopt these strategies will undoubtedly be ahead of the curve.
How Eco-friendly Benefits Are Transforming Talent Management Strategies
Posted on June 26, 2023 by Editor
The rise of environmental consciousness has not just affected how businesses operate; it has also profoundly impacted their human resources strategies. One particular area where this shift is evident is in the realm of employee benefits, with eco-friendly perks taking centre stage. Eco-friendly benefits are perks offered by companies to encourage environmentally responsible behaviour among their employees.
In India, and globally, several businesses are offering these benefits to align with their values and goals. For instance, companies have implemented green transportation initiatives, providing shuttle services and promoting carpooling among employees. They incentivise the use of public transportation or carpooling, while others provide on-site facilities like electric vehicle charging stations, bike storage facilities, and composting and recycling programs. Other organisations have made strides towards creating eco-friendly campuses that incorporate renewable energy sources like solar panels and include green spaces for employees. These rewards are not only helping to reduce companies’ environmental impact, but they are also providing employees with opportunities to contribute positively to the environment.
Employees’ response to these eco-friendly incentives has been resoundingly positive. Research by Merrimack Media shows that eco-friendly businesses see a 55% increase in employee morale and improvements in business processes. It also highlights that organisations known for adhering to such practices tend to have higher than average employee retention rates. Moreover, employees feel more engaged and loyal to organisations that offer them opportunities to participate in environmental and sustainability initiatives.
By offering eco-friendly rewards, companies are able to attract, engage, and retain top talent. A study by the Anthesis Group suggests that environmentally focused organisations have a higher chance of attracting and retaining the best talent. Businesses with recognised sustainable business models report attracting a high calibre of applicants due to their commitment to environmental responsibility.
In summary, eco-friendly perks are no longer a nice to have but a necessity. By offering these incentives, companies can position themselves as responsible employers. As the world continues to prioritise environmental sustainability, companies that adopt these strategies will undoubtedly be ahead of the curve.