• How to prevent New Year staff departures in IT and telecoms

        • Research has revealed a simple step bosses in the manufacturing industry can take can prevent staff departures during the dreaded January rush for new jobs.

          According to a survey of 1,096 UK employees carried out by bonus and incentives provider One4allRewards.co.uk, IT and telecoms bosses who give out bonuses in December are less likely to see staff being poached or looking elsewhere.

          More than half (57%) of workers in this sector said having received a bonus or gift from their boss recently would prevent them from looking for a new job. And almost the same number (54%) would be less likely to accept a new job if offered one, if the same had happened.

          With workers being more likely to look for a new job in January than any other month of the year, December bonuses couldn’t be timed better for staff retention purposes. What’s more, happily, the research revealed that workers welcome receiving a bonus from their employer more in December than at any other time of the year.

          Alan Smith, UK Managing Director at One4all Rewards said, “it’s interesting to see just how far a token bonus can impact on the loyalty of those in the IT and Telecoms sector. Even if you just consider the amount of money that can be lost through recruitment costs when a member of staff resigns – never mind the softer negative impacts and knock-on effects that employees leaving can have, in terms of morale in the workplace – it is clearly something that is worth investing in.

          “Multi-store gift cards like the One4all Gift Card can be purchased easily online or in your nearest Post Office. As they can be spent in a range of different stores, they are a great way for businesses to gift staff a little something to make sure they feel valued, ahead of the busiest time of the year for staff departures.”

          For more information on how to use HMRC’s trivial benefits tax exemption to award bonuses to staff, visit https://www.one4allrewards.co.uk/taxfree

        • Stay up to date - Click here and register for FREE OEN online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the OEN app

        • Related Articles

        • 2/3 European businesses to increase IT spend in 2021

          2/3 European businesses to increase IT spend in 2021

          Tuesday 11th May 2021 by clareb
          Dynabook Europe has revealed the results of its new research report, ‘The Hybrid Shift: Managing an increasingly remote workforce’, which shows that 65 per cent of European IT decision-makers have access to increased IT budgets this year ...Read More...
          Totality Services marks World Password Day with top tips

          Totality Services marks World Password Day with top tips

          Thursday 6th May 2021 by clareb
          Since 2013, the first Thursday of May each year marks World Password Day, promoting better password habits to stay safe online. With so many people working at home due to the ongoing pandemic, often without the IT support and protection provided...Read More...
          How remote working has changed issues faced by women in the workplace

          How remote working has changed issues faced by women in the workplace

          Wednesday 28th Apr 2021 by clareb
          Research from Yoppie has found that while remote working has improved pressures around appearance and PMS for women within the workplace, issues of fair representation and equal pay remain prevalent.  When surveyed by Yoppie...Read More...
                • About Us

                  OEN is the leading source of business news and information for buyers of office equipment, supplies and services within mid tier and up sized organisations. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, bespoke guides and supplements, website, digital editions, apps, and newsletters with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the print version of OEN last year celebrated its Diamond anniversary.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue