Search

Home > HRchat Podcast > Employee Rewards Trends with Jennifer Strauel, arrivia
Podcast: HRchat Podcast
Episode:

Employee Rewards Trends with Jennifer Strauel, arrivia
Category: Business
Duration: 00:25:31
Publish Date: 2022-03-24 06:00:00
Description:

Businesses across the US, Canada, UK, and elsewhere are scrambling to increase their workforce as they face historic labor shortages. 

As employees' attitudes have changed as a result of the pandemic, they're looking for opportunities that provide more flexibility and value. And because the choice remains firmly with the candidate, this means companies have to change their rewards structures, as well.

In this HRchat episode, we discuss ways that HR teams and leaders can help attract strong candidates and successfully retain workers by offering travel benefits and rewards to go beyond traditional employee perks.

Bill's guest in HRchat 414 is Jennifer Strauel Chief People & Diversity Officer at arriva, a technology company that works with employer brands and member-based organizations to design unique incentive structures, believes companies should offer benefits that inspire their workforce, using the power of travel to reward.

Jennifer leads arrivia’s international human resource functions. Her focus is on developing total rewards and talent management programs that foster an inclusive and rewarding environment for the employment experience of our global workforce. Jennifer acts as an internal consultant to the leadership team creating people strategy, aligning groups, facilitating change, and delivering results in a cost-effective and compliant manner.

Jennifer, welcome to the HRchat pod!

Questions:

  • Ignoring the labor shortage for a moment, can you paint a picture of the problem facing many employers if their best people are quitting en masse? E.g. turnover can cost up to 2.5 times an employee's salary.
  • What can an attractive employee brand mean to a company's success this year? 
  • As employers re-think their workforce retention strategies and go beyond offering higher wages, more companies are considering unique benefits that contribute to employees' quality of life and demonstrate appreciation for the work they are doing. We’ll talk about travel benefits soon. For now though, can you share examples of other new/newly popular benefits that are leading to more engaged and loyal employees? What unique benefits or employee programs has arrivia added or enhanced recently?
  • So arrivia’s travel software platform helps match employees with awesome experiential rewards like cruises, hotels, and tours. Tell me about why travel rewards are more impactful.
  • Let’s be real, how much does it cost to add benefits like these?  What’s the ROI?
  • “Companies invest heavily in acquiring and retaining new customers. Their customer loyalty programs are significant drivers of growth and revenues. But they often forget to pay the same attention to talent acquisition and retention. If employees are a company's most valuable asset, why aren't they treating them as clients?” Talk about this quote from a recent post on the arrivia blog and how arrivia helps its clients treat employees more like customers. 
  • Many countries appear to be through the worst of Covid. What does the prospect of Covid moving from a pandemic to

The Russian invasion of Ukraine has brought terrible consequences for the country and its civilians. One charity trying to make a difference is the Red Cross. They’re asking for donations to help carry out their humanitarian efforts. Learn more and donate here.
Total Play: 0