Developing a benefits policy to enhance retention rates and restore employee productivity About ReLondonReLondon is LWARB, renamed – a partnership of the Mayor of London and London's boroughs to improve waste and resource management and transform the capital into a leading low-carbon circular economy.ReLondon's challengeOur consultants were set the challenge to work closely with representatives from across LWARB to:Develop a 'harmonisation plan’.Perform a regrading exercise.Develop a job description process so there is clarity and agreement about future positions.Benchmark salaries so they know what is competitive, and where they stand. Communicate these changes to the team and compile the required paperwork and documentation for the rollout.How our HR Advisory experts helpedOur HR Advisory experts gathered a reputable, results-driven team to undertake a six-week work program to identify the results of the challenges set, to identify the key stakeholders to interact with, and pinpoint and gain knowledge on the key areas that should be focused on to design and build a coordinated action plan. We held a series of workshops to develop these outputs. The resultsWe improved base salary, in agreement with the board, by developing a strong business case for internal salary increases. As a result, staff retention rates improved, and productivity was restored. In a bespoke report, our team outlined changes in working patterns, and how to enhance brand reputation in the market to maintain their newly improved staff retention rate. Furthermore, by utilising ReLondon’s specific benefit packages more effectively, we created and formalised a policy that has a greater impact, with a return on investment for future cost savings. Not only did our consultants identify that more effective utilisation of employee expertise and skills would be a huge asset for future projects and company goals, but they streamlined the interview process so our client could begin attracting the right people for the right roles, alongside retaining their top talent. Ultimately, It is essential to provide employees with the necessary resources and support to ensure they feel safe, secure and engaged in their roles. By putting in place clear and formal processes for staff mobilisation, employers can create a positive and productive workplace environment for all, benefiting both employees and employers alike. Get to know our HR Advisory services Our team of HR experts provides a variety of services, from supporting our clients with salary benchmarking to career transition support. Discover more Contact us todayFor more information on how we can transform your business, contact our team today using the contact form below.IMPORTANT: By submitting your email address and any other personal information to this website, you consent to such information being collected, held, used and disclosed in accordance with our PRIVACY POLICY and our website TERMS AND CONDITIONS.Webinar & eventsBrowse our library of webinar & events for exclusive market insights. Join or watch on-demand Read our related articles Could a four-day working week be the next step for UK businesses? The four-day working week is becoming a much talked about and desired change by the UK population since businesses…By Michael Page The top 10 skills your human resources team needs in 2020A professional working in the human resources sector will find themselves in a complex role as the times continue to…By Michael Page Using technology to enhance your talent searchThe implementation and development of new technology has been aiding businesses since its conception. This hasn’t taken…By Michael Page Are your managers being rewarded for holding back top talent?The experience that candidates and existing employees have with your business at every touchpoint and throughout every…By Michael Page How AI and automation in HR is revolutionising recruitmentArtificial intelligence (AI) in human resources is seen as a way to unlock human capital. As a result of this, it can…By Michael Page The importance of adopting a dynamic working environmentFlexible working is becoming increasingly important to today’s workforce. For some businesses, who haven’t offered…By Michael Page Pagination Show more