EPISODE · Feb 27, 2025 · 34 MIN
Benefits...that ACTUALLY benefit! 🧘♀️
from The 7people Podcast: Your Guide to Creating Irresistible Organizations · host 7people
A great benefits package isn’t just about throwing some trendy perks at employees, and hoping for the best.They can significantly help attract, retain and amplify talent to drive business success.But, ONLY when they're strategically designed to meet your specific workforce's needs, and align with your business goals.Join 7people People & Culture professionals Paul and Flo as they discuss: Benefits 101: Benefits vs perks vs ways of working. What’s the difference, and how should each be handled? Common benefits pitfalls: Why lack of benefits flexibility, inclusivity and personalization to your org = time and money killers. And how to solve them! Maximizing impact: We explore trending benefits topics like wellbeing and parental leave, using benefits as behavioural incentives, and building leadership buy-in. Making it practical: Where to start with picking the right benefits? Plus, we share our favourite low-cost, high-impact benefits strategy!Packed with fresh insights, actionable takeaways and engaging real-life scenarios to mull over, this episode offers a great crash course on the world of benefits, and how to make them work for your org.CHAPTERSBenefits 101 00:00 Intro00:34 Why do benefits matter? 02:48 Changing needs over time 04:07 Benefits vs compensation 05:40 Benefits vs perks 09:36 Benefits vs ways of workingAvoiding common pitfalls 10:25 Tailor to your org 12:37 Always ask why (not just go with the loudest voice) 13:26 Not REALLY a benefit… 14:10 Flexibility is key (pensions, holiday allowance) 16:09 Keeping commuting allowance fairDeep dives 18:18 Trending: wellbeing 19:34 Missed opportunities 21:26 Convincing leadership 22:20 Trending: parental leave 24:06 Where to start impact analysis? 24:50 Tax considerationsDilemma case study breakdown 25:15 Higher salary or better benefits? 26:48 Benefits as a behavioural toolPractical toolkit 28:34 Our best budget benefits hack 30:40 Linking benefits to valuesKey takeaways 31:38 Audit, analyse, be flexible, adapt 32:47 Focus on foundations + impact, not just fun
What this episode covers
A great benefits package isn’t just about throwing some trendy perks at employees, and hoping for the best.They can significantly help attract, retain and amplify talent to drive business success.But, ONLY when they're strategically designed to meet your specific workforce's needs, and align with your business goals.Join 7people People & Culture professionals Paul and Flo as they discuss: Benefits 101: Benefits vs perks vs ways of working. What’s the difference, and how should each be handled? Common benefits pitfalls: Why lack of benefits flexibility, inclusivity and personalization to your org = time and money killers. And how to solve them! Maximizing impact: We explore trending benefits topics like wellbeing and parental leave, using benefits as behavioural incentives, and building leadership buy-in. Making it practical: Where to start with picking the right benefits? Plus, we share our favourite low-cost, high-impact benefits strategy!Packed with fresh insights, actionable takeaways and engaging real-life scenarios to mull over, this episode offers a great crash course on the world of benefits, and how to make them work for your org.CHAPTERSBenefits 101 00:00 Intro00:34 Why do benefits matter? 02:48 Changing needs over time 04:07 Benefits vs compensation 05:40 Benefits vs perks 09:36 Benefits vs ways of workingAvoiding common pitfalls 10:25 Tailor to your org 12:37 Always ask why (not just go with the loudest voice) 13:26 Not REALLY a benefit… 14:10 Flexibility is key (pensions, holiday allowance) 16:09 Keeping commuting allowance fairDeep dives 18:18 Trending: wellbeing 19:34 Missed opportunities 21:26 Convincing leadership 22:20 Trending: parental leave 24:06 Where to start impact analysis? 24:50 Tax considerationsDilemma case study breakdown 25:15 Higher salary or better benefits? 26:48 Benefits as a behavioural toolPractical toolkit 28:34 Our best budget benefits hack 30:40 Linking benefits to valuesKey takeaways 31:38 Audit, analyse, be flexible, adapt 32:47 Focus on foundations + impact, not just fun
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Benefits...that ACTUALLY benefit! 🧘♀️
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