Performance Pay and Profit Sharing Entice High-Performing Workers, Kelly(R) Global Workforce Index(TM) Finds
04 Agosto 2010 - 5:00PM
Marketwired
There is widespread support among employees for a greater ownership
stake in the businesses that employ them, with 60 percent of
respondents saying profit sharing would motivate them to perform at
a higher level, according to the latest survey results from
workforce solutions leader Kelly Services® (NASDAQ: KELYA) (NASDAQ:
KELYB).
The findings are part of the Kelly Global Workforce Index, which
obtained the views of approximately 134,000 people in 29 countries
across North America, Europe, and Asia Pacific.
The idea of giving employees a "slice of the pie" is gaining in
appeal. Almost 40 percent of those surveyed say that some of their
compensation is tied to individual, group or company performance
targets. Of those who do not have such an arrangement, more than a
third would like to see this practice adopted by their
employers.
Gen Y (aged 18-29) and Gen X (aged 30-47) are much more likely
to be on some form of performance-based pay than those in the baby
boomer generation (aged 48-65). Among those not already on
performance-based pay, Gen Y are the most attracted to it.
"Profit sharing and company ownership arrangements create a
powerful bond between workers and employers, and can motivate
people to be more productive and creative," says Kelly Services
Executive Vice President and Chief Operating Officer, George
Corona. "As a global talent shortage looms, employers may want to
consider how they can improve the productivity of their workforce
by offering employment packages that align individual performance
to corporate goals."
The survey also found extensive support for employers doing more
to address the health and well-being of the workforce, even to the
extent of providing incentives or rewards to those who are able to
quit smoking, lose weight or adopt a healthy lifestyle.
Other key generational findings of the survey about employee
benefits and perks reveal that:
- Aside from salary, the highest rated benefit for all
generations is training, but it is much more important to Gen Y and
Gen X.
- Approximately half of all generations rate employer-provided
health benefits as "very important."
- Roughly 80 percent of all generations think that employers
should take some responsibility for employee health and
well-being.
- Well over half of all generations believe that employers should
provide an incentive or reward to employees for adopting a
healthier lifestyle, changes which may include quitting smoking,
losing weight or taking up exercise.
- The employer-provided health benefit that is most attractive to
all generations is health insurance, while gym access or discounts
are relatively popular with Gen Y.
"Across the workforce, there is an expectation that employers
need to move beyond traditional areas of compensation in looking
after the well-being of their key people. With many staff spending
a considerable amount of time working, employee health and welfare
become vital," Corona says. "So it is not surprising that health
and training have emerged as two key priorities for many
individuals. These are also the benefits that help to strengthen
commitment for the long term and are recognized as a good
investment in human capital by employers," he concludes.
For more information about the survey results and key global
findings, please visit the Kelly Global Workforce Index.
About the Kelly Global Workforce Index The
Kelly Global Workforce Index is an annual survey revealing opinions
about work and the workplace from a generational viewpoint.
Approximately 134,000 people from North America, Europe, and Asia
Pacific responded to the 2010 survey with results published on a
quarterly basis. In 2009, Kelly Services was the recipient of a
MarCom Gold Award for the Kelly Global Workforce Index in the
Research/Study category.
About Kelly Services Kelly Services, Inc.
(NASDAQ: KELYA) (NASDAQ: KELYB) is a leader in providing workforce
solutions. Kelly offers a comprehensive array of outsourcing and
consulting services as well as world-class staffing on a temporary,
temporary-to-hire and direct-hire basis. Serving clients around the
globe, Kelly provides employment to 480,000 employees annually.
Revenue in 2009 was $4.3 billion. Visit www.kellyservices.com.
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Media contacts: Asia Pacific Jaquilin Ang Kelly Services +65
6494 6066 Jaquilin_ang@kellyservices.com.sg Europe Tamara Achba
Kelly Services +41 32 737 1829 Tamara.achba@kellyservices.eu North
America Kathy Fisher Kelly Services +1 248 244-4909
kathy_fisher@kellyservices.com
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