Retain and Motivate Employees Case Study

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Retain and Motivate Employees

Case Study
The Challenge
To motivate and retain employees where the bonus pool was depleted, and employee retention was low. Company targets had not been met due to unforeseeable external factors and the future success of the business was dependent on high levels of employee motivation.
The Solution

We reviewed the business culture, identified the audience(s) that required incentivisation, assessed key motivators for that audience and how targets were currently being achieved.

 

We presented several options which sought to align the achievement of long-term business goals with employee reward. The options mainly focused on share- over cash-based incentives to safeguard the company’s cash position in case of a further downturn, investors were supportive of right-sized share-based incentive schemes and employees would be motivated to drive business success over the longer term.

 

We advised, implemented, and continue to run their share-based award plan from a legal and regulatory perspective as well providing a clear communications plan to assist employee understanding.

Benefits

Client:

Retain and Motivate Employees in a Downturn.

Project type:

Unlisted company with c.120 employees.
Our Services
5 2

Advice for Boards

Support and advice on all aspects of being a director and board responsibilities. Resolve director dynamics, benchmark yourselves and successfully discharge your duties.

5 3

Advice for Boards

Support and advice on all aspects of being a director and board responsibilities. Resolve director dynamics, benchmark yourselves and successfully discharge your duties.

6

Board Effectiveness Reviews

Assess the effectiveness of the board, advise and support on internal reviews and act as an independent intermediary collating annual evaluation questionnaire responses.

6 1

Board Effectiveness Reviews

Assess the effectiveness of the board, advise and support on internal reviews and act as an independent intermediary collating annual evaluation questionnaire responses.

1 4

Meeting Administration Reviews

Increase the effectiveness of board, committee and management meetings and decision making, streamline meeting papers and cut unnecessary bureaucracy.

1 5

Meeting Administration Reviews

Increase the effectiveness of board, committee and management meetings and decision making, streamline meeting papers and cut unnecessary bureaucracy.

3 4

Governing Document Reviews

Introduce or update the board’s matters reserved, committee terms of reference, articles of association, director service agreements, and all board approved policies and procedures.

3 5

Governing Document Reviews

Introduce or update the board’s matters reserved, committee terms of reference, articles of association, director service agreements, and all board approved policies and procedures.

4 4

Skills and Diversity Audits

Identify the skills and diversity gaps on your board, assess what is required and make plans to address them.

4 5

Skills and Diversity Audits

Identify the skills and diversity gaps on your board, assess what is required and make plans to address them.

2 4

Succession Planning

A-Z advice and solutions for planned and unexpected Chairman, CEO, CFO and senior leader succession in listed, unlisted and family run companies.

2 5

Succession Planning

A-Z advice and solutions for planned and unexpected Chairman, CEO, CFO and senior leader succession in listed, unlisted and family run companies.

Our Partnerships

We believe great brands should help one another, which is why we have partnered with some amazing people and companies who have a similar ethos and outlook on life as we do:

 

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