Fighting for talent — how to keep valuable employees in the company?

As part of the EY StartUp Talk, a webinar was held that addressed key questions related to building employee loyalty and satisfaction in times of challenges on the labor market. The meeting was led by an expert from EYnovation, with the support of experienced HR industry leaders who shared their knowledge and experience.

Key issues covered in the webinar:

1. Increasing employee satisfaction through individually tailored benefit systems.
2. Utilization of technology to improve Effectiveness of HR activities.
3. Building a leadership position with the use of motivational and communication tools.
4. Ensuring Employee Loyalty, especially for short work cycles.

The statistics speak for themselves:

A satisfied employee is 43% more productive and 86% more creative. Nowadays, when it is difficult to find and retain valuable employees, companies need to invest in new HR approaches and tools.

Selected conclusions from the discussion:

• Employee loyalty and commitment: In times of rapid staff turnover, employers should invest in building loyalty already at the recruitment stage.
• Personalization of benefits: The introduction of modern platforms enabling a flexible approach to benefits allows for a better adaptation to the individual needs of employees, which increases their satisfaction.
• Real-time Appreciation: Immediate and visible actions bring up to three times better results than classic forms of motivation.

The most common questions of webinar participants:

1. What benefits do employees choose?
   Studies have shown that although employees often declare their desire to receive individual rewards, in the end about 30% of the funds allocated to awards under programs such as Nais go to team activities (e.g. integration outings).
2. What is the process of implementing HR technology?
   These systems, such as modern benefit platforms, allow companies to effectively manage appreciation and reward processes. They are available in different language versions, making them easy to apply in an international work environment.
3. How to deal with tax issues?
   The funds transferred to employees constitute income, which means that they are subject to standard tax charges and ZUS.

Benefits for employees and employers:

Well-designed benefit systems not only improve employee morale, but also their efficiency and loyalty. Personalization of rewards and instant appreciation bring noticeable results in building engagement and strengthening relationships within the team.

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You can watch the webinar here: Click

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