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 How to source and retain top talentAny businesses looking to recruit for their company should be looking to hire the best person for the job. Hiring top…By Michael Page Using people analytics to steer business decisionsWhat is people analytics? It’s more than just statistics and data. People analytics is a method of analysis that helps…By Michael Page Mental health awareness: managing financial wellbeingMental health awareness dates are key for HR business leaders to shine a light on the importance of proactive self-care…By Michael Page How can SMEs, import and export trade practitioners survive a post-Brexit recession?There has been wide speculation on the potential for a recession in the UK following Brexit. Whilst the landscape…By Michael Page How might GDPR affect different business functions?GDPR is a fast-approaching regulatory update that has been cause for much concern among business leaders and in many…By Michael Page Gender pay gap reportingBack in July 2015, David Cameron first announced his plans to eradicate monetary gender inequality in the workplace and…By Michael Page Pagination Show more