Developing a benefits policy to enhance retention rates and restore employee productivity
 

About ReLondon

ReLondon 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 challenge

Our 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 helped

Our 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 results

We 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.