All articles by Alison Coleman – Page 7
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Analysis
Kloud creates an employee value proposition to help recruit and retain staff
Claire Langford, resource manager at the organisation, says: “When it comes to recruitment and retention, we are up against the major league, so we’ve had to build our strong, flexible culture into our benefits suite because we can’t compete with the bigger players on salaries .“Many employees would rather work ...
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AnalysisRedesigning an employee value proposition in today's economic climate
If you read nothing else, read this…Regardless of what it offers, an employee value proposition (EVP) must be authentic and true to an organisation’s brand and culture if it is to attract today’s talent.A compelling EVP is less about pay and financial reward, and more about workplace culture, work-life balance ...
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ArticleBuyer's guide to financial education 2014
A well-designed financial education programme can help staff improve their financial literacy and understand how such changes might affect their own financial situation, as well as generally learn how to make their pay go further.Money worries have been a major cause of stress and anxiety for staff throughout the recession, ...
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Article
Buyer's guide to childcare vouchers 2014
Vouchers have helped about 700,000 families to afford high-quality childcare since 2005, providing savings worth around £1,800 a year for the average family. This goes towards the average childcare cost of £5,028 a year for 25 hours’ care a week, according to figures from the Childcare Voucher Providers Association (CVPA).Most ...
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Case Studies
Cineworld extends payroll service to weekends to cope with auto-enrolment
Payroll manager Jenni Bromfield says: “We have faced a number of challenges, not least the fact that most of our staff are on zero-hour contracts and have pay that varies, so it is difficult to generate the data that determines who is eligible for auto-enrolment.“All our payroll processes are geared ...
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AnalysisThe challenges of auto-enrolling weekly-paid employees
If you read nothing else, read this…Weekly-paid employees’ eligibility for auto-enrolment is prone to change frequently because of their fluctuating pay.Employers’ payroll teams face increased workloads because of this fluctuation.HR and pensions teams need to support payroll providers to manage the workload.There have, of course, been challenges, not least of ...
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Analysis
The pros and cons of salary sacrifice training benefits
If you read nothing else, read this…Work-related training offered through a salary sacrifice arrangement brings national insurance savings for employers and employees.The training must be work-related, but it can be extended to include language or IT courses, for example.Offering training in the workplace can boost employee engagement and motivation.In the ...
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Article
Buyer's guide to electronic voucher motivation cards
The factsWhat are electronic voucher motivation cards?They are paper-based vouchers or plastic cards loaded with a cash value that can be spent at a single designated retail outlet or at multiple retailers. Travel and experience vouchers are also available.Where can employers get more information?The UK Gift Card Voucher Association on ...
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Article
Buyer's guide to off-the-shelf voluntary benefits packages
Even though they offer less choice than a bespoke package, they can include the most popular voluntary benefits, helping staff to make considerable savings.Advances in technology have enabled benefits such as childcare vouchers, bikes for work, computers, mobile phones and health cash plans to be bundled onto a single platform ...
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Article
Buyer's guide to multinational pooling 2013
THE FACTSWhat is multinational pooling?It is a system that enables multinational organisations to benefit from favourable claims experience on insurance-based benefits through economies of scale achieved in purchasing and the payment of dividends.Where can employers get more information?For more information, visit the international benefits channel on Employee Benefits’ website or ...
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ArticleBuyer's guide to flexible benefits technology 2013
Flexible benefits technology has come a long way since it made its first tentative appearance in the employee benefits arena more than two decades ago, and it continues to evolve rapidly. New developments in technology, systems and software have transformed the way flex schemes are devised, administered and used.Most notable ...
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Article
Buyer's guide to bikes-for-work schemes 2013
Britain’s cycling success in the 2012 Olympics and Paralympics and the Tour de France gave bikes-for work schemes a boost. They were already a popular incentive for various reasons, including improving employees’ health and helping to reduce traffic pollution.But one of the biggest draws is the tax breaks available when ...
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AnalysisAuto-enrolment needs strong communications strategy
IFYOU READ NOTHING ELSE, READ THIS…Creative auto-enrolment communication strategies can educate first-time pension scheme members.A good communication strategy will relate to employees’ personal retirement goals.Key messages should be presented in a way that helps employees understand the consequences of their actionsPension scheme communications strategies have traditionally focused on the tax-efficient ...
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Case Studies
Meridian uses electronic communications
Sarah Iglesias, talent operations adviser for Meridian, says: “We learned a lot from AWR, listening to feedback from clients, candidates and employees, and developing a new strategy. For auto-enrolment, we decided on a similar electronic approach, integrated with our current electronic administrative systems.Legal requirements are often clouded in our sector, ...
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Case Studies
Pimlico Plumbers uses face-to-face auto-enrolment strategy
Dominic Ceraldi, head of HR, says: “The strategy was simple, but thorough and effective. I and the other three members of the HR team met regularly with the company’s pension provider to make sure we were fully aware of the details of the reform and how it will affect the ...
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Case Studies
Admiral Group uses auto-enrolment to promote pensions
Benefits administrator Lindsey Christie says: “The strategy was simple. We needed to tailor it to our young workforce, whose average age is well below 30, and we enticed them with a simple presentation that was easy for them to identify with, because pensions can be a complex topic.”The insurer ran ...
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Case Studies
Nottingham City Council staff value travel savings
These include pre-Christmas shopping discounts available at most high-street stores, locally and nationally, and a wide array of online discounts, plus post-Christmas savings in the January sales and on summer holiday bookings.The savings that employees can make on travel bookings, often running into hundreds of pounds, can make a difference ...
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AnalysisVoluntary benefits offer seasonal savings
If you read nothing else, read this…Staff who are cash-strapped in the run-up to Christmas will appreciate access to discounts and cashback on products.How voluntary benefi ts are provided is as important as what is offered.Not all discounts and vouchers are appropriate to all employees, as Christmas-focused benefits.With the UK ...
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Case Studies
Case study: CSC switches on second opportunity for flex enrolment
The provision of additional enrolment periods in its flexible benefits scheme has played a key role in raising awareness about pensions and increasing employee engagement for CSC, a global provider of technology-enabled solutions and services.The scheme year of the organisation, which employs about 7,500 people in the UK, runs from ...
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Analysis
How many flexible benefits windows should you have?
If you read nothing else, read this… Introducing multiple enrolment windows keeps a flexible benefits scheme fresh and engages the interest of employees in key benefits at specific times of the year. An emerging trend is towards ‘anytime benefits’, which are offered through flex ona monthly basis by some providers. ...