Rethinking Rewards: How Virgin Group Made Benefits Meaningful

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Whilst we’re seeing tons of innovation in some of the key employee processes, reward and recognition can often be put in the ‘too difficult’ box. Recognition efforts often lack differentiation and are just vanilla or one-size-fits-all, and flexible benefits packages, meant to deliver choice, can too often feel overwhelming or unclear to employees. This week’s guest Rachel Richards, Reward and People Operations Director at Virgin Group, joins Lucy to share how they have broken away from the usual script. She shares their new benefits arrangements and how they've made them feel more meaningful, clear, and truly relevant.

In this episode you’ll hear how to engage your employees in shaping reward and recognition, how to create benefits from a position of trust and provide an offering that feels inclusive, brand-aligned and genuinely compelling - without increasing spend. It’s a conversation about trust, transparency, and the courage to break away from vanilla rewards to build something that reflects modern lives and makes employees proud.

Chapters

(00:03) Revolutionizing Employee Benefits at Virgin

(08:30) Enhancing Employee Benefits Through Engagement

(16:29) Empowering Flexibility and Wellbeing at Work

(24:56) Designing Employee Benefits With Purpose

Contact Rachel: https://www.linkedin.com/in/rachelreclarke/

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