Richard Branson is to be among the first employers to cater for the multi-generational workforce with the removal of limits on the amount of holiday his virgin group employees can take each year.
Richard commented that he was inspired after reading a similar policy from Netflix, a video streaming company, and that he wishes to empower employees.
“It is left to the employee alone to decide if and when he or she feels like taking a few hours, a day, a week or a month off,” said Virgin boss Richard Branson.
Richard’s clear understanding of ‘what makes employees tick’ is one of the reasons behind the repeated success of the virgin brand. The time and effort spent on creating a happy work environment is only equalled by the time spent providing employees with the right tool-kit to be successful in it.
Richard states that business is all about knowing and supporting your employees.
“Success in business requires an understanding of all sorts of intangibles, especially the most enjoyable parts of work, like cooperating as a team and keeping moral high,” said Richard.
This has been achieved in the Virgin group through several training delivery methods, which are applicable to the individual tasks that an employee will need. A large proportion are delivered online through a customised Learning Management System (LMS) which offers employees an opportunity to learn at their own pace and revisit the learning tool to refresh as needed.
The Virgin Trains Talent Academy headquartered in London, UK, has become so well known for their employee excellence that they now deliver training courses to the public in coaching, leadership, customer service and team building.
So how can business leaders get ahead, according to Richard Branson success in business is about your people. Provide them with worthwhile training, support and a positive work environment and watch your competitive advantage grow.
As Virgin Pulse CEO Chris Boyce said, “They’re the ones making the magic happen – so long as their needs are being met.”