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What are companies doing with regards to 'Fair Deal'

Learn about the Factors Effect Model

What effect will focus on the 'Fair Deal' factor have?

Fair Deal - How happy employees are with pay and benefits

Fair Deal itself doesn’t directly influence another factor. It’s classified as a hygiene factor. Sure, doubling everybody’s salary would make them happy but it wouldn’t make them feel any better about factors such as leadership and management.

Now although pay is not an engager, it is important that pay and benefits are at the right level as to not disengage employees further.

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Retail

Pavers

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Pavers provides ample opportunities for personal growth through in-house training, external development opportunities, and the Pavers Academy. This focus on career development and skill-building ensures employees feel challenged and utilised.
Pavers fosters a supportive environment where employees feel cared for and trusted by their managers. Managers are accessible, with initiatives like "Ask the Boss" Facebook live sessions encouraging open communication.
Pavers operates a 'save to invest' scheme, rewarding employees' money-saving ideas by reinvesting into staff hourly pay. This, along with annual cost of living rises, ensures employees feel fairly treated.
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Manufacturing

Novatech

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The organisation provides quarterly team social allowances which enables people across the business to go out together. A number of teams also use gaming platforms to chat and play games together on breaks. This has all helped Novatech to bring people together, and improve connectivity and team relationships.
Novatech operates using a profit share scheme, allowing the organisation to share its success each financial year with its people. Last year, this meant everyone received almost £900 from this scheme. Novatech has found that this has motivated staff and helped them to feel more engaged with the business.
To support managers feel empowered to lead and develop their teams, Novatech offers manager development. It has two Managers on management CIM standard apprenticeships and has also launched its manager toolkit development programme which sets the standard for being a great Novatech people manager.
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Insurance

M&DH Insurance Services

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The organisation utilises Zoom calls every week to maintain contact and focus teams on their weekly objectives. Teams also regularly mix and attend nights out, meals, quizzes, and other events that are funded by M&DH Insurance Services.
M&DH Insurance Services offers rewards for employees that go above and beyond financial bonuses. Employees can earn rewards such as trips to Wembley, golfing at the Loch Lomond Golf Resort in Scotland, watching Cricket, and days out to London.
The organisation has a third party coach who comes in a minimum of 2 days per month, hosting sessions with management to ensure they are confident within their job roles. Employees who have recently been promoted to management, or who have recently joined the company complete a management progress scheme.
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Technology

Lokulus

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With access to Learnerbly, a comprehensive training platform, Lokulus ensures employees have ample opportunities for skill development and career advancement. Personal development plans further support employees' growth and challenge.
Lokulus promotes a sense of belonging and camaraderie through initiatives like the Anniversary Games. Combining virtual and in-person challenges, these games foster team spirit, fun, and collaboration.
The All Stars Programme, alongside the company’s annual bonus scheme, ensures that exceptional performance is recognised and rewarded, demonstrating the value Lokulus places on its employees.
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Recruitment

HG Ventures

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HG Ventures has a running club open to anyone who wants to join in. In the summer, it holds a mini festival, either in the Cotswold countryside or a London park, to celebrate its successes. This year its summer festival included live music, traditional games, lunches, dinners, overnight stays in tipis, and group yoga sessions.
The organisation runs an Annual Incentive Trip which is open to anyone who hits 120% of their target. The trip, quite often skiing, is in recognition of the immense effort the individuals put into their roles over the year and a great way to let off steam and bond over a few days away.
Management teams are able to own 24.9% of an enterprise they are leading. HG Ventures supports these business leaders with both financial support and business experience and with a modus operandi of how to develop the business; a set of 'Ingredients’ to follow that are agreed upon to accelerate growth while maintaining core values.
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Retail

Hobbycraft

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The Head Office at Hobbycraft runs a 'Summer Fete' where all teams build their own fete game with food and drink provided for colleagues and for them to take the afternoon to enjoy some downtime, playing games and interacting with other teams. All money raised was donated to Hobbycraft’s charity partner.
Artisan Colleagues receive enhanced pay rates as a result of their skills and unique crafting talents. The organisation also shares any profits made from designs or products that the Artisan Colleagues design. This has resulted in some colleagues receiving over £5000 in addition to their wages in the past year.
The organisation currently has development programmes in place that create a pathways for colleagues to progress to Team Leaders by completing a set of competency tasks that are both demonstrative and theoretical. Alongside this, it has a programme for Assistant Managers to progress to a Territory Managers in the same way.
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Manufacturing

HARMAN technology

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HARMAN’s manager development programme is completely bespoke, and is delivered and composed by its inhouse team. The programme builds on external best practices, effecting management practices, and linking neuroscience with behaviours.
The organisation matches any contribution made to their chosen charity. It also continues to support CAFT (The Children’s Adventure Farm Trust).
To recognise the hard-work and success of its employees, HARMAN Technology uses a ‘thank you’ scheme where employees can receive cards and vouchers for how well they have performed and lived by the company’s values.
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Housing Associations

Gloucester City Homes

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Gloucester City Homes fosters personal growth through a comprehensive induction programme and tailored training offerings, including apprenticeships, degrees, and Chartered Institute of Housing qualifications. These initiatives enable employees to utilise their skills and advance their careers within the organisation.
Gloucester City Homes provides a fair deal to its employees through its defined contribution pension scheme with a generous 10% employer contribution, and a FinanciallyWell Loan Scheme for short-term financial needs.
Gloucester City Homes is committed to employee wellbeing, demonstrated by its pursuit of the ‘Healthy Workplaces Gloucestershire Award’, its Health and Wellbeing Programme, and its signing of the ‘Wellbeing of Women Menopause Workplace Pledge’.
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Financial Services

First Response Finance

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With regards physical health there are a number of initiatives the organisation has in place. Alongside its private medical insurance, which supports people at different life-stages, including with fertility, men's health and menopause to name a few, it also has on-site massages on a monthly basis.
At First Response Finance, each position level receives the same bonus and salary figure. The organisation has also previously increased salaries by moving a portion of bonus into salary. This has the added benefit of increased pension contributions and increased monthly disposable income to support employees with the increase in the cost of living.
The organisation supports employee growth through a number of initiatives. Its Future Leader Program prepares aspiring leaders through mentorship and practical skills training. Furthermore, new employees receive an immersive induction to the business, learning about its journey, values, and operations.
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Technology

Atmos International

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Atmos International has a banding system for engineers which provides them with a clear goal to progress their career within the company. Instead of having to wait for four years to move from an engineer to a senior engineer, they can progress from engineer level 1 to level 2 in six months or a year.
Atmos International has a banding system for engineers which provides them with a clear goal to progress their career within the company. Instead of having to wait for four years to move from an engineer to a senior engineer, they can progress from engineer level 1 to level 2 in six months or a year.
Atmos International helps to provide fair pay through a quarterly profit share bonus that is paid to all colleagues. Furthermore, all employees have the chance to earn a further annual performance bonus.
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