Sodexo :Quality of Life Within SMEs Boosts Their Attraction, Competitiveness and Performance

Sodexo :Quality of Life Within SMEs Boosts Their Attraction, Competitiveness and Performance

ID: 478964

(Thomson Reuters ONE) -


Quality of Life Within SMEs Boosts Their Attraction, Competitiveness and
Performance*

*As revealed by the Sodexo Benefits and Rewards Services/TNS Sofres survey on
quality of life in small and medium-sized enterprises

Paris, June 21, 2016 - For the first time ever worldwide, 4,800 leaders of small
and medium-sized enterprises with 10 to 100 employees were polled on quality of
life at work. This Sodexo Benefits and Rewards Services/TNS Sofres survey was
conducted in the following seven countries: Brazil, Chile, France, India,
Mexico, Romania and Turkey. The survey highlights the importance for SME leaders
of quality of life within their business.

SME leaders in the seven countries believe that quality of life is a major
strength:
* 91 percent thought that improved quality of life ensures a better work
climate
* 86 percent thought that improved quality of life leads to increased
productivity
* 76 percent thought that improved quality of life boosts their attraction as
an employer
* 70 percent thought that improved quality of life results in higher revenue


The smaller a firm, the more important it is to take steps to improve employee
quality of life. 4 out of 10 problems facing SMEs worldwide arise from HR issues
such as recruitment, personal commitment, training and absenteeism.
In India for example, SMEs have to confront major HR issues, especially
absenteeism. The survey showed that in 99 percent of SMEs, absenteeism falls
when employees are provided benefits and shopping vouchers.

Denis Machuel, CEO Sodexo Benefits & Rewards Services said: "As world leader in
quality of life services, we wanted to conduct this survey specifically
targeting SMEs. This highlights the issues confronting them every day, and in
general demonstrates that quality of life does not just matter to large




multinationals. For businesses of all sizes, quality of life must remain a
priority in order to stay competitive"

As such, services that improve employee quality of life are essential. Service
vouchers, by allowing SMEs to concentrate fully on their core business while
ensuring their employees are well taken care of in their daily lives, illustrate
this very well. The challenge for SME leaders is to improve quality of life
while boosting their business results.



Six key ways for SMEs to improve competitiveness:
* Recognition: 95 percent of SME leaders thought that highlighting and
recognizing employee efforts and accomplishments will improve business
competitiveness.
* Physical environment: 92 percent thought that improving comfort and safety
in the workplace will improve business competitiveness.
* Staff development: 91 percent thought that promoting staff development and
training will improve business competitiveness.
* Health and well-being: 87 percent thought that helping employees take care
of their health will improve business competitiveness.
* A good work/life balance: 84 percent thought that helping employees enjoy a
better work/life balance will improve business competitiveness.
* Socializing: 70 percent thought that promoting culture and recreation will
improve business competitiveness.


In Latin America and Romania, corporate events and evenings were quoted as the
most popular steps taken, whereas in France and India, SMEs spend most on their
facilities and work space.

For all respondents, improving quality of life boosts business performance

The survey revealed that even incremental and low-cost improvements in quality
of life have a real impact on SMEs performance. SMEs leaders who have introduced
measures that enhance quality of life found that their employee productivity,
recruitment, revenues and business reputation sharply improved. The more quality
of life features in small businesses, the more employee productivity increases
while also benefiting recruitment.

Four key steps show how SMEs sharply improve business performance:

* Allow employees to organize their private life
* Recognize staff performance with benefits, shopping vouchers and rewards
* Improve staff standard of living
* Give staff healthy and balanced meals



About Sodexo

Founded in Marseille in 1966 by Pierre Bellon, Sodexo is global leader in
services that improve Quality of Life, an essential factor in individual and
organizational performance. Operating in 80 countries, Sodexo serves 75 million
consumers each day through its unique combination of On-site Services, Benefits
and Rewards Services and Personal and Home Services. Through its more than 100
services, Sodexo provides clients an integrated offering developed over 50 years
of experience: from foodservices, reception, maintenance and cleaning, to
facilities and equipment management; from Meal Pass, Gift Pass and Mobility Pass
benefits for employees to in-home assistance and concierge services. Sodexo's
success and performance are founded on its independence, its sustainable
business model and its ability to continuously develop and engage its 420,000
employees throughout the world. Sodexo is included in the CAC 40 and DJSI
indices.




Key figures (at August 31, 2015)
19.8 billion euro in consolidated revenues
420,000 employees
19(th) largest employer worldwide
80 countries
32,300 sites
75 million consumers served daily
?15.1 billion market capitalization (as of April 13, 2016)


Contacts

+--------------------------------+-------------------------------+
| Media |   |
+--------------------------------+-------------------------------+
| Laurence Chiapponi | Mathieu SCARAVETTI |
| Tel.: +33 1 57 75 81 80 | Tel.: +33 1 57 75 81 28 |
| laurence.chiapponi(at)sodexo.com | mathieu scaravetti(at)sodexo.com |
+--------------------------------+-------------------------------+




Quality of Life Within SMEs...:
http://hugin.info/157633/R/2022084/751279.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Sodexo via GlobeNewswire
[HUG#2022084]




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Bereitgestellt von Benutzer: hugin
Datum: 21.06.2016 - 11:44 Uhr
Sprache: Deutsch
News-ID 478964
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