Developments - February 2020 - 35

tangible benefits aid in acquiring talent and
retaining them. Such packages offer employees more time off, flexible hours, recognition
and rewards, opportunities for advancement,
etc. But what can you add to differentiate
your benefits from your competitors'?
Quite often, companies forget to put
the same kind of attention on talent
acquisition and retention efforts as they do
on the business of acquiring and retaining
new clients. But if they truly believed the
logic that their employees are as hard to get
and keep as their customers, they would
look for ways to differentiate themselves
in the marketplace and create work-life
balance benefits packages that actually
offer unique benefits.
Consider these statistics:
* While 78% of employees said they aren't
looking for a new role, they would be
open to the right opportunity, according
to CareerBuilder.
* 72% of employees said having more work
benefits would increase job satisfaction,
according to Zoro.
* 43% of employers increased benefits
to stay competitive in attracting and
retaining talent, according to SunTrust.
* 93% of employers are actively taking
steps to address the talent shortage and
to retain the employees they have, also
according to SunTrust.

Timeshare developers are not immune
to these challenges, either, especially in
competitive markets like Orlando and
Las Vegas. So why don't these companies
treat their employees like their clients?
Why not give employees the same travel
and leisure benefits their valued owners
and members enjoy?
Fortunately, through loyalty and reward
platforms, developers can offer their
employees unique packages that cost
essentially nothing. By offering employees
enrollment in a private membership
group, custom-labeled to their brand,
companies can add a super-charged
wellness benefit, differentiating them
from their competitors. These turnkey
solutions can be configured in just
about any format to truly customize
the package.
Here are some configuration examples
to consider:
* Free one-year membership group
subscription for employees, with no
cost to the employer.
* Small subscription renewal fee after
12 months that could be facilitated
through payroll deduction or direct to
the service provider.
* Reward credits model in which members
earn credits from every purchase to pay
the annual subscription.

* Referral network opportunities to earn
even more reward credits to spend in
the program.
* Revenue-share programs for employers
based on net rate margins.
Not only can these tools be used to differentiate your benefits package, but you also can
add a reward and recognition component
to keep employees engaged and making
decisions to stay long term. For example,
employers can add reward credits at no cost
to employee membership accounts when
they hit certain milestones at work. Over
time, these credits can add up and become
valuable tools contributing to their overall
compensation. Companies also can reward
employees with fully funded certificates for
such things as hotel, air, car, cruise, etc.
With the economics of acquiring and
retaining employees affecting the bottom
line, you can see why companies are looking for creative ways to add more work-life
balance benefit options. And loyalty and
reward platforms appear to be a great
solution to create that value-add. But be
sure to do your homework. Ask about all
the program solution options available,
and find the right platform that works for
your company.
Statistics gathered from Access Perks.

February 2020 Developments

- 35


http://press.careerbuilder.com/2019-07-23-Survey-from-CareerBuilder-Reveals-Half-of-Employees-Feel-They-Have-Just-a-Job-Amid-Heightened-Career-Expectations https://www.prnewswire.com/news-releases/suntrust-war-for-top-talent-prompts-us-businesses-to-take-action-300814598.html https://www.prnewswire.com/news-releases/suntrust-war-for-top-talent-prompts-us-businesses-to-take-action-300814598.html

Developments - February 2020

Table of Contents for the Digital Edition of Developments - February 2020

UP FRONT: New Decade, New Improvements
FIRST WORD: ARDA's Priorities for 2020
AROUND ARDA: Meet Elizabeth Baker, ARDA's Newest Staff Member
FACES FROM THE FRONTLINES: ARDA Fall Conference Wrap-Up
MEETINGS: WIN's Pinktober Event Raises Nearly $15,000 for Breast Cancer Research
TRUSTEE SPOTLIGHT: Sam Pontius, Timeshares Only and Fidelity Real Estate
VIP SPOTLIGHT: Mike Samet (Trustee) and Chris Clark (Chairman's League), Digital-Ignite
KEEPING PACE WITH DISRUPTION
PARTNER SHOWCASE: Capital Vacations: Filling an Industry Void with Sales Solutions and Resort Management
CREATING UNIQUE WORK-LIFE BALANCE BENEFITS TO ATTRACT AND RETAIN EMPLOYEES
BRANDS MATTER – AND MUST EVOLVE TO SURVIVE
‘CAPITAL LIGHT,’ AN INCREASINGLY COMMON PHRASE IN TIMESHARE – BUT WHAT EXACTLY IS IT?
ACCEPTING CRYPTOCURRENCY PAYMENTS: PROS AND CONS FOR BUSINESSES TODAY
HONORING THE SELF-OPINION OF OTHERS
AROUND THE INDUSTRY
MEMBER UPDATES: ARDA's Trustee and Chairman's League Members and New Corporate Members
LAST WORD: We are ARDA Strong
Developments - February 2020 - Cover1
Developments - February 2020 - Inside
Developments - February 2020 - 1
Developments - February 2020 - 2
Developments - February 2020 - 3
Developments - February 2020 - 4
Developments - February 2020 - 5
Developments - February 2020 - UP FRONT: New Decade, New Improvements
Developments - February 2020 - 7
Developments - February 2020 - FIRST WORD: ARDA's Priorities for 2020
Developments - February 2020 - 9
Developments - February 2020 - AROUND ARDA: Meet Elizabeth Baker, ARDA's Newest Staff Member
Developments - February 2020 - 11
Developments - February 2020 - FACES FROM THE FRONTLINES: ARDA Fall Conference Wrap-Up
Developments - February 2020 - 13
Developments - February 2020 - 14
Developments - February 2020 - 15
Developments - February 2020 - MEETINGS: WIN's Pinktober Event Raises Nearly $15,000 for Breast Cancer Research
Developments - February 2020 - 17
Developments - February 2020 - 18
Developments - February 2020 - 19
Developments - February 2020 - TRUSTEE SPOTLIGHT: Sam Pontius, Timeshares Only and Fidelity Real Estate
Developments - February 2020 - 21
Developments - February 2020 - VIP SPOTLIGHT: Mike Samet (Trustee) and Chris Clark (Chairman's League), Digital-Ignite
Developments - February 2020 - 23
Developments - February 2020 - KEEPING PACE WITH DISRUPTION
Developments - February 2020 - 25
Developments - February 2020 - 26
Developments - February 2020 - 27
Developments - February 2020 - 28
Developments - February 2020 - 29
Developments - February 2020 - PARTNER SHOWCASE: Capital Vacations: Filling an Industry Void with Sales Solutions and Resort Management
Developments - February 2020 - 31
Developments - February 2020 - 32
Developments - February 2020 - 33
Developments - February 2020 - CREATING UNIQUE WORK-LIFE BALANCE BENEFITS TO ATTRACT AND RETAIN EMPLOYEES
Developments - February 2020 - 35
Developments - February 2020 - BRANDS MATTER – AND MUST EVOLVE TO SURVIVE
Developments - February 2020 - 37
Developments - February 2020 - ‘CAPITAL LIGHT,’ AN INCREASINGLY COMMON PHRASE IN TIMESHARE – BUT WHAT EXACTLY IS IT?
Developments - February 2020 - 39
Developments - February 2020 - ACCEPTING CRYPTOCURRENCY PAYMENTS: PROS AND CONS FOR BUSINESSES TODAY
Developments - February 2020 - 41
Developments - February 2020 - HONORING THE SELF-OPINION OF OTHERS
Developments - February 2020 - 43
Developments - February 2020 - AROUND THE INDUSTRY
Developments - February 2020 - 45
Developments - February 2020 - 46
Developments - February 2020 - 47
Developments - February 2020 - 48
Developments - February 2020 - 49
Developments - February 2020 - 50
Developments - February 2020 - 51
Developments - February 2020 - 52
Developments - February 2020 - 53
Developments - February 2020 - 54
Developments - February 2020 - 55
Developments - February 2020 - 56
Developments - February 2020 - 57
Developments - February 2020 - 58
Developments - February 2020 - 59
Developments - February 2020 - MEMBER UPDATES: ARDA's Trustee and Chairman's League Members and New Corporate Members
Developments - February 2020 - 61
Developments - February 2020 - 62
Developments - February 2020 - 63
Developments - February 2020 - LAST WORD: We are ARDA Strong
Developments - February 2020 - Cover3
Developments - February 2020 - Cover4
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