Benefits and allowances
Offering enticing working arrangements and benefits is a great way to attract and retain staff, especially in a tight labour market. Which benefits suit which business will vary for each employer. Some ideas include:
Flexible working arrangements, or working from home options
While this may not always be applicable in the retail industry, there may be some ways this can apply. Read more below on flexible working arrangements for retail.
Wellbeing allowance
Usually a set amount per year for the employee to spend on experiences, items or memberships that support their wellbeing.
Store discounts
Birthday leave
Additional paid day of leave for the employee’s birthday.
Long service leave
An additional week of leave (or amount you decide) after the employee has completed an agreed period of service (typically this is a number of years).
Offering professional development
Offering promotion opportunities
Other perks or treats
Morning tea shout perhaps at the end of the working week
Before implementing any benefit or allowances it is important that you:
- assess the financial implications of any benefit or allowance before offering these to employees
- create clear guidance and policies for the entitlement and use of any benefit or allowance.
Flexible working arrangements
Offering flexible working arrangements that support a healthy work-life balance might be attractive for some employees. However, in traditional retailing, especially when it comes to the shop floor, it can be hard for an employer to be flexible. Sometimes it’s a challenge to be flexible with start or finish times, or even giving employees the option to be rostered off on a specific day.
When an employee requests a flexible work arrangement, we encourage you to consider the request and see if it would work within your business context. You can decline a request for a flexible work arrangement for genuine business reasons. But that refusal may leave your employee feeling deflated, disengaged and asking themselves, ‘why bother?’. Making a practical attempt to cater for your employees’ needs goes a long way in reinforcing work-life balance.
Working from home
You might be able to accommodate back-office employees with working from home. Again, you can decline a request to work from home for genuine business reasons. Generally, the types of roles which can be performed from home don’t have a high level of face-to-face interaction with customers or team members and can be effectively performed from different locations.
When accepting a request to work from home it is important to know your responsibilities. We encourage you to put an agreement in place that outlines:
- the arrangement that will apply (how often the employee will work remotely, duration of the arrangement, hours of work)
- the technology and other equipment provided by you as the employer
- how to ensure health, safety, wellbeing and security while working remotely
- work expenses and what is reimbursable.
We recommend including a 3-month trial period for any arrangement to ensure it is working for both parties. If after the review period things change, or if you consider that the arrangement is negatively impacting the employee’s work, you may need to review the arrangement. It may be necessary to change the agreement and revert to working from the office.
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Some important things to consider when working from home
Retail NZ is a firm believer in investing in people, as employees are the essence of a successful business. For pragmatic solutions to flexible working and employee benefits, feel free to contact our Advice Service on 0800 472 472 (1800 128 086 from Australia) or email advice@retail.kiwi.