Episode 5: Health and Support: Engage with your employees without breaking the bank.

Published: March 22, 2023, 4:15 p.m.

b'In this episode, Neil Carberry, REC Chief Executive interviews Steve Johnson, Growth Leader of Commercial Workplace Savings at Mercer Marsh. They discuss the key requirements needed by employers to retain, engage and motivate employees. In this episode, you\\u2019ll hear more about: The challenges being seen by SME businesses and the need to adapt to change, including the impact of the great resignation The specific issues/shifts being seen around the attraction, retention and motivation of employees. How the benefits package offered is relative to employee physical and psychological well-being. How salary exchange and employee benefits education can help businesses support their employees without breaking the bank. Key Quotes \\u201cRunning into the pandemic, it was much more about the psychological and employees wanting recognition and what we\'re finding now is all about the well-being agenda.\\u201d Steve \\u201cI think as employers we\'re going to start thinking more about well-being and what\\u2019s the well-being impact of our benefits.\\u201d Steve \\u201cIncreasingly, employees look beyond the salary offer and they think can I replicate the things that really matter to me.\\u201d Neil "There are some things we can do, but the lowest cost thing that you can do for your employees is communicate with them and educate them about benefits and financial well-being.\\u201d Stev'