Quality of Life & Performance - Sodexo SME Survey
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Transcript of Quality of Life & Performance - Sodexo SME Survey
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES2
Sodexo Benefits and Rewards Services is a key partner of Small and Medium Enterprises (SMEs) around the world.
In order to better understand their daily challengesand how they view Quality of Life in the workplace,
we interviewed more than 4,800 small business leaders*in 7 countries (Brazil, Chile, France, India, Mexico,
Romania and Turkey).
Our survey results unveil key levers SMEs can use to boost performance while improving employee Quality of Life.
* Sample of 4,805 business leaders, representative of the 10-to-100-employee companies population. Interviews were carried out by telephone by TNS Sofres.
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES3
BOOSTING EMPLOYEEQUALITY OF LIFE, A WINNING HR
STRATEGY FOR SMEs
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES4
77
72
59
58
58
54
65
64
61
58
HUMAN CAPITAL TOPS SMEs’ LIST OF CONCERNS…The smaller the organization, the greater the importance of people management. 4 of the top 10 challenges facing SMEs around the world involve HR issues, such as recruitment, engagement, training and absenteeism.
1 - BOOSTING EMPLOYEE QUALITY OF LIFE, A WINNING HR STRATEGY FOR SME s
Increase staff loyalty
Train their employees
Reduce absenteeism
Attract new talent, recruit skilled employees
Increase customer loyalty
Conquer new markets, recruit new customers
Improve cash flow, secure loans
Ease their employees’ tasks with new processes
Foster innovation and initiative among their employees
Offer new products and services
Degrees of concern vary from one country to another. For example: India recorded the highest levels of concern in 7 of the
10 challenges facing SMEs
In %
HR challenges Other challenges
"CONSIDERED VERY IMPORTANT CHALLENGES BY SMEs LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES5
… AND QUALITY OF LIFE GIVES SMEs A REAL EDGE OVER BIG BUSINESSSME leaders believe their companies perform as well or better than large corporations in key Quality of Life aspects:
1 - BOOSTING EMPLOYEE QUALITY OF LIFE, A WINNING HR STRATEGY FOR SME s
In the two areas where SMEs perform better than large firms, the highest scores came
from the same country: France
Atmosphere at work, cohesion between teams
63In %
74 66 6389 57
Recognition of employees’
performance and efforts
56
79 62 61
Flexible work organization
48
6356
Balance between work and private life
49
57
Versatility of tasks/projects
45
79
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES6
Average Brazil Chile France India Mexico Romania Turkey
87.9 7.9
7.2
8.2 8.28.1
8.5
8.2 8.2 8.2
7.6
8.38.4 8.4
8.3
IN THE EYES OF SME LEADERS, THEIR COMPANY’S ATTRACTIVENESS MATCHES THEIR LEVEL OF QUALITY OF LIFEThere is clear correlation between an SME’s perceived attractiveness as an employer and the level
of Quality of Life provided at work. The average response scores, including all countries, vary by just 0.2 of a percentage point between the two subjects.
1 - BOOSTING EMPLOYEE QUALITY OF LIFE, A WINNING HR STRATEGY FOR SME s
Scale 0 to 10
Perceived attractiveness as an employer
Quality of Life they feel they can offer in the workplace
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES7
REAPING THE REAL BENEFITS OF QUALITY OF LIFE
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES8
SMEs TACKLE QUALITY OF LIFE AT WORK…
SME leaders are true believers in the value of Quality of Life in the workplace. They have implemented an average of 5.2 different actions.
2 - REAPING THE REAL BENEFITS OF QUALITY OF LIFE
5 of the 7 countries had similar levels of engagement. But SMEs in Turkey and India
were well below the average.
NUMBER OF QUALITY OF LIFE MEASURES IMPLEMENTED IN THE COMPANY
LEAST ENGAGEDSME’s LEADERS
3.8 4.35.8
5.65.5
5.4
Employees’ Quality of Life at work
AVERAGE 5.2 MOST ENGAGEDSME’s LEADERS
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES9
9
17
30
31
37
38
40
43
47
59
64
67
… WITH A VARIETY OF MEASURES TO IMPROVE QUALITY OF LIFE, EVEN ON A LIMITED BUDGET
They vary in popularity, with some underlying differences at a regional level.
The two most popular are providing equipment to make work easier and having a pleasant work space.
2 - REAPING THE REAL BENEFITS OF QUALITY OF LIFE
Christmas and corporate parties scored extremely highly among
Latin American SMEs
Invest in professional equipment to facilitate work
In %
Offer a functional and pleasant working space
Organize Christmas and corporate parties, give gifts at the end of the year
Reward performance through bonuses, gift vouchers, etc.
Implement career plans for employees, offer training to develop their skills
Be strongly committed to preventing accidents, back pain, provide psychological support
Offer attractive complementary health insurance scheme
Provide access to a healthy and balanced diet
Implement various schemes to improve employees’ purchasing power
Offer flexible working arrangements
Make it easier for employees to manage their personal lives
Help employees stay fit
MEASURES ALREADY IMPLEMENTED
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES10
SMEs ARE CONVINCED THAT QUALITY OF LIFE BOOSTS PERFORMANCE…SME leaders are well aware of the positive impact that Quality of Life at work has on their businesses. They highlight 6 key drivers which they believe will improve performance.
Giving employees recognition is seen as the most effective measureComfort and personal safety follow close behind
2 - REAPING THE REAL BENEFITS OF QUALITY OF LIFE
95%Think that valuing the efforts of their employees and
recognizing their performance…
… will increase their company’s performance
Think that improving
comfort and safety in
the working environment…
92%Think that
promoting the personal
development and training of their employees…
91%Think that helping
their employees take care of their
health…
87%Think that helping their employees
to better balance their work and personal life…
84%Think that
promoting access
to culture and leisure…
70%
RECOGNITION PHYSICAL ENVIRONMENT
PERSONAL GROWTH
HEALTH & WELL-BEING
BALANCED LIFE
SOCIAL INTERACTION
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES11
52
50
46
39
38
31
39
36
40
37
35
39
91
86
86
76
73
70
TotalYesIn %
… AND PRODUCES MANY BUSINESS OUTCOMESSME leaders list a range of business outcomes they benefit from daily as a direct result of investing in Quality of Life.
The general atmosphere, reputation and productivity all improved, scoring highly in terms of positive responses.
70% say that financial turnover had increased.
2 - REAPING THE REAL BENEFITS OF QUALITY OF LIFE
India showed the most improvement in terms of absenteeism and financial turnover after Quality of Life measures were implemented.
AVERAGE (ALL COUNTRIES)
Yes, a little Yes, a definitely
The general atmosphere at work has improved
Your company's reputation has improved
The productivity and efficiency of your employees have increased
Recruitment is easier
Absenteeism has decreased
The company’s turnover has increased
Base: those who have implemented at least one measure
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES12
TAILORING INVESTMENT IN QUALITY OF LIFE ACCORDING
TO SME CHALLENGES
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES13
INCREASED QUALITY OF LIFE MEASURES YIELD BIGGER RETURNS FOR SMEs
As more measures are introduced, SME leaders notice improvements in reputation, employee productivity, ease of recruitment and even financial turnover.
3 - TAILORING INVESTMENT IN QUALITY OF LIFE ACCORDING TO SME CHALLENGES
1 to 3 measures 4 to 5 measures 6 to 7 measures 8 to 10 measures0
10
20
30
40
50
60
70
80
46
5457
67
39 3945
57
4447
53
65
3034
3944
Reputation Recruitment Productivity Turnover increase
% of SME leaders who “Yes, definitely” noticed an improvement
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES14
0
10
20
30
40
50
60
70
80
90
67 64 5947 43 40 38 37 31 30
179
12 147
15 2018 19
11 1710
1211
INVESTING IN QUALITY OF LIFE IS TRENDING AMONG SMEs, TODAY AND IN THE FUTURE
SMEs invest in a range of Quality of Life measures, with equipment, work space and events topping the list. SMEs 2-year plans reveal significant increase in bonuses/gift vouchers, health insurance, improving employees’ work-life balance and helping them stay fit.
3 - TAILORING INVESTMENT IN QUALITY OF LIFE ACCORDING TO SME CHALLENGES
The 3 leading measures were less commonly used in Turkey. But Turkish SMEs had the highest implementation
of food services.
Invest
in professional
equipment to fa
cilitate work
Offer a
functio
nal and
pleasant w
orking sp
ace
Organize Chris
tmas a
nd corporate
parties,
give gifts
at the end of th
e year
Reward perform
ance th
rough
bonuses,
gift vo
uchers,
etc.
Implement c
areer plans f
or employe
es,
offer tr
aining to deve
lop their s
kills
Be strongly c
ommitted to
preventin
g accidents,
back pain, p
rovide psyc
hological su
pport
Offer a
ttractiv
e complementary
health in
surance
scheme
Provide acce
ss to a health
y
and balanced diet
Implement v
arious s
chemes t
o improve
employees’ p
urchasin
g power
Offer fl
exible worki
ng arrangements
Make it
easier fo
r employe
es
to manage th
eir perso
nal lives
Help employees s
tay fit
Already implemented
To be implemented in the next 2 years
In %
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES15
60
66
71
76
76
82
67
71
75
81
82
85
74
77
82
88
89
93
71
72
74
82
88
89
AND FOUR KEY MEASURES GENERATE A MAXIMUM RETURN ON INVESTMENT The benefits are particularly clear when 4 key measures are implemented. SME leaders say productivity, general atmosphere and reputation are enhanced; and financial turnover increases.
3 - TAILORING INVESTMENT IN QUALITY OF LIFE ACCORDING TO SME CHALLENGES
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company's turnover has increased
Indian SMEs gave the highest scores in 23 of the 24 benefits
delivered by the 4 key measures to improve
Quality of Life
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES16
COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES
AND SOLUTIONS?
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES17
TYPOLOGY OF BUSINESS LEADERS’ PERCEPTION OF QUALITY OF LIFE AT WORK AROUND THE WORLD
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Despite a much more moderate conviction about their impact on the company’s performance, they implement numerous measures in favor of Quality of Life at work.
Are making or intend to make a significant effort
Are making little effort
Are less convinced of Quality of Life’s positive impact on
their company’s performance
They have no doubt that taking measures favoring Quality of Life at work improves the company’s performance and hence invested a lot in that field.
They implement many measures but they do it for the purpose of retaining their employees, rather than out of belief of their impact on performance.
As they are less convinced about the measures’ impact on the company’s performance, they put little effort on these aspects.
They focus on physical well-being and salaries, which they consider to be the performance’s levers.
The Convinced10%
The Scouts28%
The Agnostics
15%
The Defiants37%
The Pragmatics10%
Are more convinced of Quality of Life’s positive impact on their company’s performance
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES18
Brazil is unique in that it has the highest proportion of "Scouts", who are very convinced of the impact
that Quality of Life’s has on performance, and the lowest of proportion of "Defiants",
who are the least convinced.
In Brazil, 97% of SMEs have already implemented Quality of Life measures and the country has an
extremely high level of intention to continue this investment in the coming years.
Moreover, more than 90% have seen a positive impact on their business.
BRAZIL: QUALITY OF LIFE ENTHUSIASTS
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES19
SEVERAL HR CHALLENGES FACING HALF OF ALL SMEsHalf of SMEs in Brazil consider employee engagement, reducing absenteeism, attracting new talent and staff loyalty as "very important" challenges.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
While only 25% of SME managers consider that benefits and rewards are better in SMEs
than in big firms, 74% reported having a better working atmosphere.
36
44
44
50
54
55
55
58
65
73
79In %
Increase customer loyalty
Conquer new markets, recruit new customers
Train your employees
Reduce absenteeism
Foster innovation and initiative among your employees
Increase employee’s engagement
Attract new talent, recruit skilled employees
Increase staff loyalty
Offer new products and services
Ease your employee’s tasks with new processes
Improve cash flow, secure loans
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES20
14
19
14
20
45
39
51
48
45
80
68
77
32
33
39
45
60
72
77
79
81
88
89
93INVESTING IN THE FUTURE
Business leaders already invested, mainly in improving the working environment. They also claim very high intentions to invest in the future.
Events and parties are the most popular measure (80%), followed by equipment (77%) and workspace (68%).
Brazilian SMEs have huge growth plans for rewards (+26), purchasing power (+25) and careers (+36); health insurance and food are also on the rise.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Invest in professional equipment to facilitate work
Offer a functional and pleasant working space
Organize big events, corporate parties, give gifts at the end of the year
Implement career plans for employees, offer training to develop their skills
Have a strong prevention policy (RPS)
Reward performance through bonuses, gift vouchers, etc.
Offer attractive complementary health insurance
Provide access to a healthy and balanced diet
Improve employees’ purchasing power
Help employees stay fit
Offer flexible working arrangements
Make it easier for employeesto manage their personal lives
In %
5.4 MEASUREShave been implemented on average. Companies with 20 to 49 employees
and those in the service sector are more active (5.5).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES21
62
77
84
85
85
89
73
79
88
91
91
93
74
86
93
92
92
98
74
82
86
90
91
95
VERY HIGH POSITIVE IMPACTS FOR ALL KEY MEASURES
Although making it easier for employees to manage their personal lives, rewards and purchasing power have the edge over access to a healthy diet, they all score very highly for improving productivity, recruitment, financial turnover, atmosphere and reputation.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company's turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES22
Although 85% of SMEs in Chile recognize the positive impact that Quality of Life measures, 64% do not offer any benefits to their employees. As a result, the country falls among the lowest in
terms of employer attractiveness.
But as business leaders look to the future, they agree that increasing Quality of Life initiatives leads to a rise in productivity, SME attractiveness,
and recruitment. Today, 99% have implemented at least one measure and 75% will introduce
at least one more in coming years.
CHILE: FUTURE QUALITY OF LIFE CHAMPIONS?
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES23
54
54
60
61
61
63
68
72
73
82
RETENTION RANKS IN SMEs TOP 3 CHALLENGESStaff loyalty is a major issue for 72% of SMEs, followed by absenteeism (61%) and recruitment (54%).
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
While only 24% of SME managers consider that benefits and rewards are better in SMEs than big firms, 66% say atmosphere is better.
In %
Increase customer loyalty
Conquer new markets, recruit new customers
Train your employees
Reduce absenteeism
Foster innovation and initiative among your employees
Attract new talents, recruit skilled employees
Increase staff loyalty
Offer new products and services
Ease your employee’s tasks with new processes
Improve cash flow, secure loans
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES24
3
22
31
40
35
43
49
60
64
79
65
71
15
27
38
41
46
51
64
65
71
82
89
94A FESTIVE OUTLOOK ON QUALITY OF LIFE99% of the business leaders have implemented at least one measure to improve Quality of Life at work.
Corporate events and parties are by far the most popularmeasure for Quality of Life (79%).
After equipment and a pleasant workspace, safety scores highly: 64%.
But equipment and workspace will overtake events/parties in two years.
3rd biggest increase in Quality of Life spending will be employee purchasing power.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Invest in professional equipment to facilitate work
Offer a functional and pleasant working space
Organize big events, corporate parties, give gifts at the end of the year
Have a strong prevention policy (RPS)
Reward performance through bonuses, gift vouchers, etc.
Improve employees’ purchasing power
Implement career plans for employees, offer training to develop their skills
Provide access to a healthy and balanced diet
Offer flexible working arrangements
Offer attractive complementary health insurance
Make it easier for employees to manage their personal lives
Help employees stay fit
In %
5.8 MEASURESHave been implemented on average. Companies
with 50 to 100 employees and those in the service sector are more active (6.3 and 5.9, respectively).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES25
40
50
54
58
60
74
47
50
56
63
69
82
52
60
61
69
72
82
54
58
57
64
77
79
REWARDS DELIVER BEST RESPONSE FROM SME LEADERSSME leaders say that introducing a reward system delivers the biggest benefits in terms of productivity gains. More than half reported that financial turnover also increased. Actions focused on helping employees manage their personal lives came in second, followed by purchasing power, also scoring highly, and access to a healthy diet.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company's turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES26
More than 80% of French SMEs see the positive impact of Quality of Life measures on their business performance. Nearly all (99%) have
previously made an investment in Quality of Life and 69% plan to do so in the coming years.
France represents the highest number of SME leaders who are convinced of Quality of Life
benefits as well as the second lowest number of “Defiant,” least convinced, leaders overall in the
survey. While SMEs outperform big firms in variety and atmosphere, they see fewer gains in turnover,
recruitment, absenteeism and reputation.
FRANCE: MIXED REVIEWS ON QUALITY OF LIFE BENEFITS
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES27
34
44
48
50
54
64
65
66
71
85
HR PLAYS A BIG ROLE, BUT BUSINESS FIRSTCustomer loyalty, new markets and cash flow are the 3 main challenges facing French SMEs.
But staff-related issues dominate: loyalty (64%), absenteeism (50%) and recruitment (44%).
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
Only 19% see benefits and rewards as better in SMEs than big firms. Still, 79% say they
outperform them for recognition and 89% for atmosphere!
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
In %
Increase customer loyalty
Conquer new markets, recruit new customers
Train their employees
Reduce absenteeism
Foster innovation and initiative among their employees
Attract new talents, recruit skilled employees
Increase staff loyalty
Offer new products and services
Ease their employee’s tasks with new processes
Improve cash flow, secure loans
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES28
3
7
34
40
38
49
56
67
56
71
82
76
8
10
38
45
50
64
65
73
75
84
89
94BIG SPENDS ON EQUIPMENT AND HEALTH COVERAGE
99% of the business leaders have implemented at least one measure to improve Quality of Life at work.
Currently, equipment, workspace and health insurance are the main investment areas.
However, career plans, rewards and buying power measures are set to rise in the upcoming years.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Provide access to a healthy and balanced diet
Invest in professional equipment to facilitate work
Offer a functional and pleasant working place
Implement career plans for employees, offer training to develop their skills
Organize Christmas and corporate parties, give gifts at the end of the year
Reward performance through bonuses, gift vouchers, etc.
Be strongly committed to preventing accidents, back pain, provide psychological support
Implement various schemes to improve employees’ purchasing power
Offer flexible working arrangements
Offer attractive complementary health insurance scheme
Make it easier for employees to manage their personal lives
Help employees stay fit
In %
5.8 MEASURESHave been implemented on average.
Companies with 50 to 100 employees and those in the service sector are more
active (6.7 and 6.2, respectively).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES29
17
23
31
33
34
54
28
35
40
48
51
58
38
58
62
78
78
80
43
42
42
59
75
75
A POWERFUL ARGUMENT FOR HELPING EMPLOYEES MANAGE THEIR PERSONAL LIVESAmong SME leaders who supported employees in managing their personal lives, 80% noticed an improvement in general atmosphere and 78% saw a rise in productivity. For rewards, 75% noticed an improvement in these areas. Access to a healthy diet improved the atmosphere for 54% of SME leaders.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company’s turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES30
Indian SMEs face tremendous business challenges particularly in regards to HR issues. 80% of managers cited absenteeism as a concern, nearly 30 points above
the survey average. Retention is an issue for 77% of managers, 20+ points above average.
While nearly 100% see the positive impact of Quality of Life on their business and 85% have invested
in at least one Quality of Life measure, only 29% plan to make this investment in the coming years.
In addition, 49% do not plan to offer employee benefits and only 26% currently organize events or parties,
30+ points below the average.
INDIA: A CHALLENGING MARKET FOR QUALITY OF LIFE
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES31
75
76
77
77
78
79
79
80
80
80
ABSENTEEISM, A MAJOR CONCERN IN INDIAAbsenteeism shares the title for India’s biggest challenge, alongside new products/services and customer loyalty.
Recruitment and staff loyalty are also "very important" challenges for 77% of SMEs.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
SMEs feel that healthcare and rewards are poorly addressed in comparison to big firms. Yet, these managers are amongst the more convinced of an
SMEs ability to support quick professional evolution and flexible work organization.
In %
Offer new products and services
Increase customer loyalty
Train your employees
Conquer new markets, recruit new customers
Attract new talents, recruit skilled employees
Improve cash flow, secure loans
Reduce absenteeism
Ease your employee’s tasks with new processes
Increase staff loyalty
Foster innovation and initiative among your employees
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES32
6
14
19
22
26
26
32
36
42
45
43
53
9
20
26
27
27
29
35
41
41
44
46
58INVESTING IN A PLEASANT WORKPLACE
85% of the business leaders have implemented at least one measure to improve Quality of Life at work.
Providing a pleasant workplace tops the list of Quality of Life investments (53%); followed by rewards and career plans.
Less than half of Indian SMEs invest in the other 11 measures. Just one third promotes purchasing power, and a quarter provides food benefits.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Offer a functional and pleasant working space
Implement career plans for employees, offer training to develop their skills
Reward performance through bonuses, gift vouchers, etc.
Invest in professional equipment to facilitate work
Offer attractive complementary health insurance scheme
Improve employees’ purchasing power
Provide access to a healthy and balanced diet
Organize big events and corporate parties, give gifts at the end of the year
Make it easier for employees to manage their personal lives
Offer flexible working arrangements
Have a strong prevention policy (RPS)
Help employees stay fit
In %
4.3 MEASURESHave been implemented on average.
Companies with 50 to 100 employees and those in the industrial sector are more
active (5.2 and 4.8, respectively).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES33
93
97
98
100
98
97
95
97
99
99
97
96
92
93
98
96
94
98
97
99
98
100
97
98
REWARDS, PURCHASING POWER AND FOOD MEASURES TOP THE LIST100% of SMEs who have implemented measures view all suggested measures as highly effective, far more than other countries! Benefit ratings are almost identical for improvements in all six areas, including turnover (92%+).
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company’s turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES34
Quality of Life is second nature to SMEs in Mexico.
99% have already implemented at least one Quality of Life measure and 85% have plans to rollout others
in the coming years. SMEs in Mexico have implemented 5.6 Quality of Life measures (vs. 5.2 for survey average). With these measures in place, more than 90% of SMEs have seen firsthand the positive impact that Quality of
Life has on business performance.
MEXICO: QUALITY OF LIFE FRONTRUNNERS
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES35
64
64
66
66
66
68
68
70
71
71
STRUGGLING WITH RETENTIONRetention tops Mexican SMEs challenges (71%).
Secondary HR problems are recruitment (66%) and absenteeism (64%).
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
While only 25% of SME managers consider that benefits and rewards are better in SMEs than
big firms, 63% say atmosphere is better.
In %
Offer new products and services
Train your employees
Foster innovation and initiative among your employees
Attract new talents, recruit skilled employees
Improve cash flow, secure loans
Ease your employee’s tasks with new processes
Reduce absenteeism
Increase staff loyalty
Conquer new markets, recruit new customers
Increase customer loyalty
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES36
11
25
23
42
32
49
52
50
61
80
65
69
27
45
50
56
57
77
78
82
87
87
92
93A FESTIVE CULTURE NURTURES QUALITY OF LIFE
Corporate events and parties are by far the most popular measure for Quality of Life (80%).
A pleasant work space (69%) and equipment (65%) are also key factors that could surpass big events in 2 years.
Sharp rises (+20 points) in rewards and purchasing power are also noted.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Offer a functional and pleasant working space
Invest in professional equipment to facilitate work
Organize big events and corporate parties, give gifts at the end of the year
Improve employees’ purchasing power
Implement career plans for employees, offer training to develop their skills
Reward performance through bonuses, gift vouchers, etc.
Have a strong prevention policy (RPS)
Offer attractive complementary health insurance scheme
Offer flexible working arrangements
Make it easier for employees to manage their personal lives
Provide access to a healthy an balanced diet
Help employees stay fit
In %
5.6 MEASUREShave been implemented on average.
Companies with 50 to 100 employees and those in the service sector are more active
(6.7 and 5.7, respectively).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES37
79
83
80
89
92
94
77
83
83
93
93
93
78
85
83
94
96
96
81
86
83
90
95
96
REWARDS LEAD THE WAY TO HIGHER FINANCIAL TURNOVERA reward system is closely followed by purchasing power, making easier for employees to manage their personal lives and providing access to healthy diet. High scores for increased turnover were also noted by roughly 80% of SMEs.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company’s turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES38
90% of Romanian SMEs have already seen the positive impact of Quality of Life measures
on their business performance.
Today, 98% have invested in at least one Quality of Life measure and 75% plan to expand
these efforts in the coming years.
Improving employee health is a specific focus for 70% of SMEs, as they are convinced of the role it plays
in company performance (15% more than the global average).
ROMANIA: A POSITIVE OUTLOOK ON QUALITY OF LIFE
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES39
45
47
48
53
54
55
57
61
70
71
75
80
ADDRESSING EMPLOYEE RETENTIONIncreasing staff loyalty is seen as "very important" challenge for 71%.
Attracting new talent and increasing employee purchasing power is key for more than 50% of SMEs.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
Only 25% see benefits and rewards as better in SMEs than big firms, but 57% say
atmosphere is better.
In %
Offer new products and services
Increase staff loyalty
Reduce absenteeism
Improve cash flow, secure loans
Increase the purchasing power of your employees
Conquer new markets, recruit new customers
Grow/increase the level of health for your employees
Foster innovation and initiative among your employees
Increase customer loyalty
Train your employees
Attract new talents, recruit skilled employees
Ease your employee's tasks with new processes
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES40
9
17
24
43
36
46
37
47
48
75
75
82
25
47
51
52
58
60
62
71
72
85
90
94EQUIPMENT AND REWARDS BOLSTER QUALITY OF LIFE
98% of the business leaders have implemented at least one measure to improve Quality of Life at work.
Work equipment, workspace and events/parties are clearly the 3 most popular Quality of Life measures.
But huge growth is planned within 2 years for employee purchasing power (+30 points) and rewards (+24).
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Invest in professional equipment to facilitate work
Offer a functional and pleasant working space
Organize big events and corporate parties, give gifts at the end of the year
Reward performance through bonuses, gift vouchers, etc.
Have a strong prevention policy (RPS)
Implement career plans for employees, offer training to develop their skills
Provide access to a healthy and balanced diet
Make it easier for employees to manage their personal lives
Offer flexible working arrangements
Offer attractive complementary health insurance scheme
Improve employees’ purchasing power
Help employees stay fit
In %
5.5 MEASUREShave been implemented on average.
Companies with 50 to 100 employees and those in the transport sector are more active
(6.2 and 5.7, respectively).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES41
57
46
56
69
70
72
74
56
69
90
92
92
64
58
65
81
83
87
67
53
62
76
87
83
PURCHASING POWER GETS HIGHEST VOTE
Measures to increase employee purchasing power provided the most noticeable benefits, which were equally split between general atmosphere, productivity and reputation. They strongly impact turnover as well. High scores were also given by SME leaders for reward systems and healthy diet.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company’s turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES42
Although Turkish SMEs implement fewer Quality of Life actions than other countries (on average 3.8 vs. 5.2), food/balanced diet actions are much more widely implemented here than in all other survey countries.
With 73% in the "Defiant" category, Turkey has by far the largest group of SME leaders who do not recognize
the impact of Quality of Life on performance.
Yet, 75% have implemented at least one measure, and more than 90% of those who did so noticed
improvements in atmosphere and productivity!
TURKEY: A CHALLENGE, AND AN OPPORTUNITY
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES43
42
46
48
49
49
54
56
57
62
63
BIGGEST HR ISSUES: RECRUITMENT AND RETENTION
The two biggest HR difficulties are recruiting and retaining employees.
Staff loyalty is a "very important" challenge for 57% of SMEs.
Absenteeism affects half of the SMEs.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
HOW DO SMEs MEASURE UP TO BIG BUSINESS?
Most SME managers believe that big firms perform better than SMEs
on every HR issue.
In %
Foster innovation and initiative among your employees
Conquer new markets, recruit new customers
Offer new products and services
Train your employees
Attract new talents, recruit skilled employees
Increase staff loyalty
Ease your employee's tasks with new processes
Increase customer loyalty
Improve cash flow, secure loans
Reduce absenteeism
"CONSIDERED VERY IMPORTANT CHALLENGES BY SME LEADERS"
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES44
2
6
9
17
16
20
22
22
30
48
45
52
6
10
16
27
27
28
28
30
38
53
53
58FOOD IS THE NR.2 DRIVER OF QUALITY OF LIFE
75% of the business leaders have implemented at least one measure to improve Quality of Life at work.
Food is 2nd most popular measure already implemented and is also 2nd among those planned within 2 years.
The biggest rise over 2 years will be in measures to improve employees’ purchasing power: from 16% to 27%.
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
Invest in professional equipment to facilitate work
Offer a functional and pleasant working space
Provide access to a healthy and balanced diet
Have a strong prevention policy (RPS)
Offer flexible working arrangements
Organize big events and corporate parties, give gifts at the end of the year
Reward performance through bonuses, gift vouchers, etc.
Improve employees’ purchasing power
Implement career plans for employees, offer training to develop their skills
Offer attractive complementary health insurance scheme
Make it easier for employees to manage their personal lives
Help employees stay fit
In %
3.8 MEASUREShave been implemented on average.
Companies with 50 to 100 employees and those in the industrial sector are more
active (4.5 and 3.9, respectively).
Implemented measure Intended implementation within the next 2 years
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES45
71
84
82
87
90
92
77
87
88
91
91
92
81
84
91
92
97
87
79
87
90
90
97
96
REWARDS DELIVER BEST RESPONSE FROM SME LEADERS
96% who implemented rewards report an improved atmosphere. Healthy diet and purchasing power were close seconds. Rewards and making easier for employees to manage personal lives equally impact productivity. Note: very high scores for increased financial turnover at 70%+ (+10% compared to average of countries).
4 - COUNTRY BY COUNTRY, WHAT ARE THE MAIN CHALLENGES AND SOLUTIONS?
PROVIDING ACCESS TO A HEALTHY AND
BALANCE DIET
% "noticed an improvement following the implementation of measures"
IMPROVING EMPLOYEES’ PURCHASING
POWER
MAKING EASIER FOR EMPLOYEES TO MANAGE THEIR
PERSONAL LIVES
REWARDING PERFORMANCE
THROUGH BONUSES, GIFT VOUCHERS…
The general atmosphere at work has improved
The productivity and efficiency of your
employees have increased
Your company's reputation has improved
Recruitment is easier
Absenteeism has decreased
The company’s turnover has increased
— QUALITY OF LIFE: A BIG ASSET FOR SMALL BUSINESS LEADERS — SODEXO BENEFITS AND REWARDS SERVICES46
ContactSodexo Benefits and Rewards ServicesBrand and Communications Department
255, quai de la Bataille de Stalingrad92866 Issy-les-Moulineaux Cedex 9 – France
Tel : +33 (0)1 57 85 75 00
www.sodexo.com