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What are companies doing with regards to 'Fair Deal'

Learn about the Factors Effect Model

What affect 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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NHS Business Services Authority

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The NHS Business Service Authority's commitment to providing a fair deal is reflected in its Payroll Pay Agreement, which allows employees to purchase home and electronics products in a manageable way. It also offer a variety of retail discounts through partners like Blue Light and Health Service Discounts.
The Leadership Team at NHS Business Service Authority actively engages with employees through Q&A sessions, fostering a sense of community and open communication. The CEO's fortnightly blog provides a personal and human perspective on events, reinforcing their commitment to the organisation's values and goals.
The organisation also offers access to the NHS Leadership Academies for all leaders, but aimed at more established leaders requiring support in more advanced leadership skills. This also provides access to NHS programmes such as the Mary Seacole and the Nye Bevan programmes.
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Technology

Nominet

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Nominet operates a recognition scheme called the ValYou awards. There are two types of awards – spot awards that managers can give to team members as a little and often reward that recognises the everyday things that people are doing, and the Stand Out, Leadership, and CEO awards for more significant recognition.
The organisation has launched “Being a Great Manager” which is a series of development modules designed to provide new and existing managers with the skills required to be a “Great Manager”. The sessions were made mandatory for people managers to raise the standards across each team and to reiterate the importance of the
Nominet’s Staff GiveHub provides all colleagues with the monthly opportunity to apply for a grant of up to £1,000 towards a charity or community group that they are closely connected to. Each successful application will see the employee’s chosen charity receive a donation directly from Nominet.
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Consultancy

Quick Release

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Quick Release offers a fair and supportive environment through its bi-annual feedback cycles which are tied to the salary review process. The company’s focus on equality and diversity during these reviews ensures fairness and recognition of individual contributions.
The company's 'Wellbeing Allowance', 'flex days', and understanding approach to mental health illnesses underscore its commitment to employee wellbeing. These initiatives aid in balancing work and personal life, positively impacting employee health and performance.
Quick Release’s leadership is visible and approachable, starting from the ‘bootcamp’ induction modules led by senior leaders. The leadership's alignment to the company’s values and the opportunity for employees to provide feedback creates a transparent and engaging environment.
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Insurance

Reassured

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The organisation works with Health Assured, providing specialist information app which includes healthy eating, exercising and medical information. It also provides all employees with access to medicash for medical services and repayment for dental treatment and complimentary medical support. This provision also has access to a GP service.
Reassured’s Premier Club event is run three times per year and is to recognise top performance across all departments. The winners have the opportunity to go on an all-expenses paid trip to a chosen destination with cultural experiences provided. Places recently visited include Dubai, Milan, Madrid, and Athens.
Monthly Business Champions events help to drive team engagement with events including escape rooms, laser quest, theatre shows and meals. In the summer and at Christmas the organisation holds all company parties to bring the teams together and recognise achievements. They are held within a hotel with dinner and DJ.
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Law

Talbots Law

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In order to maintain communication across the business, the CEO has monthly one-to-one meetings with the Heads of Department. The messages from these meetings are cascaded through weekly operation leadership team meetings and quarterly update meeting for all staff.
The organisation focus on its environmental efforts by providing instant cooled water for all staff and water boilers which use less energy than kettles. Its legal teams also have a paper light initiative to reduce printing and all staff have two monitors to assist with this.

As the firm is employee-owned, all staff are entitled to an equal profit share bonus each year. Employees also get gift vouchers on milestone birthdays, weddings and for babies. At Christmas, staff can choose a voucher or donate to a food bank. And there are plenty of sweet treats and free breakfasts at quarter end.

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Financial Services

Cubico Sustainable Investments

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Cubico Sustainable Investments ensures fair treatment of its employees by conducting annual salary reviews and external benchmarking. The unique target bonus scheme also allows employees to earn up to 150% of their target bonus, based on company, team and individual performance.
The organisation’s commitment to employee wellbeing is evident in their wellness workshops, access to the Calm app, and gym benefit. They also provide an Employee Assistance Programme for support with physical or mental health issues and financial difficulties.
Team spirit and camaraderie is encouraged through regular social events and activities, such as team quizzes, global competitions (like Cubico Has Talent), and quarterly socials, doing different activities for each social, including crazy golf, bingo and a Jack The Ripper Tour around London.. These initiatives foster a sense of belonging and fun within the team.
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Insurance

Macbeth Insurance Brokers

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Macbeth's commitment to employee wellbeing is evident in their Group PMI scheme, which includes mental health support. They also provide EAP initiatives and have plans to appoint Mental Health First Aiders.
Being an accredited living wage employer, Macbeth ensures fair treatment of its employees. Performance is recognised through rewards such as Amazon vouchers, Star Player awards, and quarterly bonuses.
Macbeth is heavily involved in community support, sponsoring local charities, including Pride of Reading, Launchpad, RAMS Rugby, Bradfield Tennis Youth Academy, and Reading Family Aid, and encourages employees to volunteer. The organisations efforts include food donations to local food banks and sponsoring community events.
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Accountancy

Wilson Partners

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The organisation arranges wellbeing sessions, happiness surveys, organise wellbeing initiatives, support various charities and raise awareness across many topics all in line with its 5 pillars of wellbeing: Healthy body, Connections, Giving, Take Notice?and Walk Tall, and Keep Learning.
In addition to an annual pay increase and bonus, the Wilson Partners recognises staff at its quarterly meetings and vouchers are given by way of recognition to employees and a charity donation is made of the same value.
The organisation provides a range of growth and development opportunities to every employee. Examples of growth and development opportunities are: apprenticeships, one-to-one coaching, the Thrive Management Development programme, an online portal offering a variety of training modules, and external training and resources.
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People's Partnership

Senior leaders participate in offsite events to explore the company's strategy and learn how to guide their teams successfully. Furthermore, the company's CEO actively engages with employees through live-streamed all-employee launch sessions, demonstrating a commitment to open communication and transparency.
People's Partnership is committed to ensuring that employees receive fair and competitive compensation. They offer bonuses to all employees and run a wide-ranging recognition programme that awards cash in the form of retail vouchers. In addition, they have increased the salaries of lower-paid employees and implemented various salary sacrifice schemes to enhance their financial wellbeing.
People's Partnership supports local organisations such as Crawley Open House and sponsors events like the National Junior Athletics Championships. Moreover, its Charitable Trust has helped thousands of people in need, and has funded research into occupational health and safety in the construction industry, further illustrating their commitment to giving back.
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Accountancy

DJH

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The Group has launched a "game changer" for its team's mental health with access to 24/7 counselling and therapy, wellbeing support and career coaching. There are also annual health MOTs, birthday vouchers and sweet treats to make the day-to-day a little brighter. And it's easing money worries with free mortgage and financial advice.
Trainees' efforts and achievements are now recognised every step of the way. They get bonuses for passing each exam and incremental pay increases for success in specific papers. Through a 'frequency matrix, ' trainees can see more clearly their progress and next steps.
Every employee gets tailored support to help them achieve their ambitions and reach their potential. This includes one-to-one mentoring, fully-funded course and exam fees, professional memberships, a fully-scheduled CPD calendar, leadership and management academies, regular one-to-one feedback sessions and career ladders showing what skills and behaviours are necessary to progress to the next level.
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