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GTMC 2011 EMPLOYEE BENEFITS SURVEY

GTMC 2011 EMPLOYEE BENEFITS SURVEY

Reveals the true value of experienced staff

The GTMC, the UK’s leading professional industry body representing travel management companies (TMCs), has revealed the results of its annual employee benefits survey. The survey of the organisation’s thirty four members indicate that TMCs are recruiting again and, with a relatively small pool of experienced staff looking for jobs, are using a diverse range of benefits to attract new employees and to retain existing qualified personnel.

In the 2010 survey 48% of GTMC members offered incentives to their staff, such as a finders fee for new recruits, in the 2011 survey this rose to 60%.  The use of flexible benefit schemes  - allowing staff to self select a range of benefits such as   private medial insurance, pension contributions, dental and eye care - rose from 20% last year to 42% now.  Enhanced maternity and paternity pay rose from 10% to 32%, the provision of childcare vouchers rose from 76% to a staggering 90% and season ticket loans from 80% to 90%.  To encourage enhanced qualifications, study packages rose from 58% to 70%.

In 2010, perhaps to prevent redundancies, 70% of members said they offered sabbaticals, in the 2011 survey this had dropped to 50%

GTMC chief executive Anne Godfrey said: “GTMC members have been telling me that they are recruiting again but that there is a dire shortage of experienced personnel on the job market.  The benefits survey appears to collaborate this with improved benefits packages being offered as an incentive to either join the company or stay with it. ”

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