All Analysis articles – Page 14
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AnalysisHow can employers create resilience in the current climate?
Need to know:Flexibility is key to building resilience when employees work remotely, especially where they have to juggle other responsibilities such as childcare and looking after an elderly relative.Organisations should encourage employees to take time to focus on their wellbeing when working remotely, including regular breaks and time for activity ...
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AnalysisHow can employers make flexible benefits schemes relevant post-pandemic?
Need to know:As workforces become more agile and diverse, easy access and the ability to personalise benefits is increasingly important.An increase in remote working has highlighted the need for a digital approach to benefits and the right technology to support a flex benefits platform.Employee feedback on benefits can be measured ...
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AnalysisHas workplace menopause support improved in recent years?
Need to know:The menopause is one of very few issues in the workplace that people still feel awkward talking about.In the past five years, there has been a significant improvement in the support that’s available to women. Employers increasingly understand the many reasons why it’s so critical to help women ...
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AnalysisHow can employers create climate-friendly pension schemes?
Need to know:The quickest way to make a difference to a pension scheme is to incorporate climate-friendly investments in the default fund.A Department for Work and Pensions (DWP) consultation could make it easier to find environmental, social and governance (ESG) funds with acceptable charges.There can be risk and conflict as ...
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AnalysisHow can benefits technology help employers identify wellbeing needs?
Need to know:The Covid-19 (Coronavirus) pandemic has underlined the need for employers to keep track of employee mental health.Apps and surveys can provide vital information.Wearables and mood-tracking technology can also help inform strategy.Keeping a watchful eye on employees’ physical and mental health has never been so important. Not only are ...
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AnalysisHow can employers ensure their pay equality goals stay on the agenda in the current climate?
The pandemic has been the best and worst of times for women.More women have been furloughed than men since Covid-19 struck, according to HM Revenue and Customs (HMRC) statistics published in February 2021, with 2.32 million women on the scheme at the end of January 2021, compared to 2.18 million ...
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AnalysisHas the pandemic affected health and wellbeing priorities around the globe?
Need to know:Cultural differences, varying health risks and legislation drive employers’ health and wellbeing priorities around the world.The biggest differences in provision are in mental health, with the US and Western Europe most advanced in the support they offer employees.The pandemic has accelerated the provision of health and wellbeing support ...
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AnalysisWhat does the Pensions Schemes Act 2021 mean for workplace pensions?
Need to know:The Pension Schemes Act sets out the framework for the dashboard with everyone’s pensions in one place. Employers should start getting their data ready now.It will enable trustees to ‘red flag’ a transfer request and block it. The new scam rules need to be communicated to employees.Large schemes ...
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AnalysisHow are employers honing their financial wellbeing schemes to help staff weather the pandemic?
Need to know:Employers are moving away from purely educational financial wellbeing to pro-active interventions such as workplace savings schemes.Home working is driving a shift in the way financial wellbeing advice is provided.Despite the pandemic, financial wellbeing remains the Cinderella of employee wellbeing.The Covid-19 (Coronavirus) pandemic is shining a spotlight on ...
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AnalysisTop tips to help employees create a healthy home office
Need to know:Feelings of stress and anxiety around underperformance can arise without the cues an office environment provides.Boundary setting is essential to prevent burnout and overwhelm.Employees have a responsibility to share concerns as soon as possible rather than let problems fester.It’s been one year since the first lockdown but millions ...
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AnalysisWhat will be the key issues in reward and benefits post-Budget?
Need to know:New budgetary policies could see a squeeze on employee benefits and rewards.Reward professionals must tailor rewards to meet staff’s physical, social and financial needs in the 'new normal'.Employees are increasingly demanding sustainable rewards and benefits.Reward professionals hoping the Chancellor’s latest Budget might provide radical policies to transform the ...
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AnalysisHow can employers link carbon-neutral goals with their reward strategy?
Need to know:Organisations are under pressure to reduce their carbon footprints and employee benefits can help with this.Ensuring pension funds are invested in environmentally-friendly businesses is a good place to start, while executives can be rewarded on similar metrics.The use of green reward schemes and encouraging greener forms of travel ...
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AnalysisHow can employers build the business case for employee ownership?
Need to know:The experience of the pandemic is encouraging more organisations to take stock and think about how best to be structured in the future, including employee ownership.Employee ownership can bring tax breaks with it, but can also make an organisation more resilient, collaborative and better able to weather a ...
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AnalysisHas the role of health cash plans changed during the pandemic?
Need to know:The use of online counselling, virtual GP services and employee assistance programmes (EAPs) has soared since the start of the pandemic.Health cash plan providers are offering claim period extensions and payment holidays to help employees.The importance of providing all-round health support, as cash plans do, has become ever-more ...
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AnalysisTop tips on how to keep employees engaged with their pensions during the pandemic
Need to know:While employees may be experiencing financial pressures, it is important for them to remain engaged with their pensions during the Covid-19 (Coronavirus) crisis.Different approaches and communciation methods can be used to reach different groups of employees.Involving employees in pensions feedback and communication can help to increase engagement.At a ...
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AnalysisWhat type of support can employers give to expectant parents?
Need to know:Employers used to say goodbye to expectant mothers and welcome them back at the end of their maternity leave. But times are changing. Support for expectant parents is becoming more inclusive and comprehensive, thanks to the realisation that it benefits diversity and inclusion, productivity and retention in organisations, ...
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AnalysisWhat support is available for the long-term impact of the pandemic on staff mental health?
Need to know:The pandemic has worsened employee mental health, with support services reporting increased incidents of conditions such as anxiety and depression.Training line managers to manage remotely and allowing them to flex rules around employees’ needs can take pressure off them and their staff.Consulting with employees and listening to their ...
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AnalysisHow can employers motivate teams collectively in the current environment?
Need to know:Employers avoid quizzes and opt for virtual play-based games to keep employees motivated.They can investigate wellbeing platforms paired with wearable technology to collectively engage staff in active challenges.Benefits should be reviewed and tailored to employees' personal circumstances.Team building exercises, away days, family fun days and pub quizzes have ...
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AnalysisHow can employers cut through video-call fatigue to communicate benefits efficiently?
Need to know:Employees are struggling with communication overload; employers can reduce overwhelming them by breaking information down into bite-sized pieces.Employers have many options available to them for communicating benefits to a remote workforce, including newsletters, infographics and quizzes.Kindness, compassion and trust trump traditional formal benefits in these uncertain times.Cronkshaw Fold ...
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AnalysisWill the group risk industry experience fall-out from the Covid-19 pandemic?
Need to know:Insurers have already seen an increase in life insurance claims as a result of Covid-19 and expect more claims on group income protection and group critical illness over the next few years.Engagement with wellbeing apps and digital healthcare has increased during the pandemic, with potential long-term benefits for ...