Reward and benefit scheme transforms RS Components: Integrated program improves employee commitment

Abstract

Purpose

The purpose of this paper is to describe how a new reward and benefits scheme has helped RS Components Ltd, a UK distributor of electronics and maintenance products, to improve employee engagement and retention and attract new talent.

Design/methodology/approach

The paper explains the reasons for the scheme, the form it takes and the results it has achieved.

Findings

The paper details the main aims of the scheme as better employee health and well being, better internal communications, increased employee engagement and motivation and a reduced carbon footprint for the business and shows how each of these is being achieved.

Practical implications

In particular the paper explains that the scheme is helping the company to compete effectively for, and retain, scarce talent.

Originality/value

The paper reveals that My Reward has created a buzz among employees and improved their commitment to the company.

Citation

(2012), "Reward and benefit scheme transforms RS Components: Integrated program improves employee commitment", Human Resource Management International Digest, Vol. 20 No. 1, pp. 9-13. https://doi.org/10.1108/09670731211196007