All Analysis articles – Page 2
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AnalysisHow to improve employees’ confidence in making pension investment choices
Choosing a pension provider that offers easily accessible and age appropriate investment education can increase employees’ confidence on the topic. Investment fund choices for employees with specific needs or beliefs ensure wider needs are met. Offering financial guidance and advice, as well as signposting to resources, ...
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AnalysisWhat are the priorities for public sector reward agendas?
Credit: tete_escape/ Shutterstock Need to know: In the public sector, financial constraints, benefit guidelines and stakeholder scrutiny can make reward more challenging. Years of reforms mean public sector employees often perceive their pensions as offering poor value: creative communications could help to change this misconception. Highlighting ...
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AnalysisHow to help staff trace and consolidate small pension pots
Credit: Dilok Klaisataporn/ShutterstockNeed to know:Significant amounts of money are tied up in small pension pots, many of which may have been forgotten.The Pensions Tracing Service can help people reconnect with lost pensions.Employers can help staff with this process and engage with pensions more generally.The UK is sitting on a ticking ...
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AnalysisWhat could the Labour government mean for employers' reward and benefits strategies?
Credit: Mistervlad/Shutterstock Need to know: The Labour government’s Employment Rights Bill will enhance employee rights but there are concerns that proposals could have unintended consequences, adding cost, disadvantaging some businesses and their employees, and affecting recruitment strategies. Extending pay gap reporting to ethnicity and disability may ...
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AnalysisDo financial wellbeing strategies support employees where they really need it?
It is important to understand employees’ needs before putting any financial wellbeing strategies in place. Any employee, regardless of their salary, may be in need of financial wellbeing support, so a sensitive approach to gleaning this is desirable. Encouraging conversations about financial needs and experiences can ...
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AnalysisAre reward professionals ready for the 2026 P11D changes?
Credit: Hyejin Kang/Shutterstock Need to know: Employers should start planning now for the P11D changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs) on benefits in kind, to ensure a smooth transition to the new system in April 2026. Potential ...
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AnalysisWhat impact do charity initiatives have on employee engagement and motivation?
Employers should offer a variety of charity and volunteering initiatives and seek feedback on causes that are close to employees’ hearts. An organisation that is seen to be making a difference in the world can be attractive to current and potential staff. Monitoring participation levels and ...
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AnalysisBuyer’s guide to total reward statements
Credit: Pickadook/ShutterstockWhat are total reward statements?Total reward statements are personalised communications that show employees the total value of their compensation package beyond just salary. This can help people to recognise the entire value of the employment deal beyond their pay, making total reward statements a potentially powerful tool in communicating ...
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AnalysisSupporting the mental health needs of today’s workforce
In order to implement appropriate mental wellbeing support, employers first need to understand their workforce’s needs.The way in which employers offer mental health assistance has changed, as interventions and services have become embedded in initiatives.More frequent chances for employees to speak about pressures they face can provide another approach to ...
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AnalysisEmbedding a joined-up savings approach
Credit: tadamichi/ShutterstockNeed to know:Employers are reporting more appetite among employees to save, especially for retirement, but encouraging a joined-up savings habit can still be challenging.Using payroll-based tools is becoming popular, but whatever products employers put in place need to be accompanied by ongoing financial education.Employee benefits professionals are key to ...
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AnalysisHow far can a reward and benefits strategy truly impact recruitment and retention?
Employers should identify issues affecting existing and potential employees when creating their reward and benefits strategies. Tailoring benefits to meet employees’ needs can attract talent and maintain retention levels. An organisation should regularly communicate its benefits to current and potential employees if it wants to promote ...
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AnalysisAddressing the gender health gap
The gender health gap describes disparities in healthcare access and care outcomes based on gender.Data and survey feedback can determine if an organisation has a gender health gap.Investing in diverse, inclusive and equitable health support can go some way to addressing a gender health gap.The gender health gap refers to ...
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AnalysisAre employers’ eldercare plans meeting staff needs?
This year’s introduction of statutory carer’s leave highlights the needs of employees with caring responsibilities. But while a week’s unpaid leave will help, a wide range of eldercare benefits are now available for employers wanting to do more.
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AnalysisHow to boost the popularity of employee share schemes
Credit: Shutterstock/ YesPhotographersNeed to know:Employee share schemes can help organisations attract, retain and motivate staff.But these are not always as valued as they could be by employees.Effective communication is essential, including video, apps and presentations.In March this year, 9,200 Marks and Spencer staff who had been paying into a share ...
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AnalysisHow to use major sporting events to engage and motivate staff
Credit: Delpixel / Shutterstock.com Employers should consider what sporting events would most engage their employees and plan initiatives around these. Workplace activities can boost camaraderie and, ultimately, engagement. Any initiatives should be as inclusive as possible for all employees, as well as voluntary. In its ...
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AnalysisHow to design a company car scheme to suit today's workforces
Credit: PanuShot-shutterstockNeed to know:Hybrid and remote working have changed the need, and expectation, to drive to work five days a week for many employees.Yet access to a company car, especially an electric vehicle through salary sacrifice, remains popular.Company car schemes are still an important recruitment and retention tool, but need ...
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AnalysisBuyer’s guide to corporate eyecare
Credit: Shutterstock/Yury-Nikolaev.What are corporate eyecare schemes?Looking after employees’ eye health delivers several benefits to employers. As well as helping meet their duty-of-care requirements, offering employees a regular eye examination can be part of the overall health and wellbeing strategy.Problems with eyesight can cause headaches and eye strain and an optician ...
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AnalysisHow effective is strike action in pay and benefits disputes?
Employees often take strike action over issues such as pay, health and safety, pensions, benefits, changes to terms and conditions, and union recognition. The UK has strict laws regarding strike action and it cannot take place if certain requirements have not been met. Employers should consider ...
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AnalysisHow can employers support employee wellbeing in the summer months?
Frequently checking in on employees’ wellbeing in summer months can help highlight issues and allow for adjustments.Employers should raise awareness of sun safety, the importance of hydration and proper ventilation.Flexible working hours in warmer weather can improve wellbeing by offering time for physical activities, helping with childcare and supporting sleep ...
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AnalysisEducating staff about at-retirement choices
Credit: Andrii-Yalanskyi/ShutterstockNeed to know:Employees nearing retirement need to know if they can retire and what their options are.Employers can direct them to support from providers, send out newsmails or facilitate access to qualified financial advisers.It is important for employers not to be seen to be pushing people towards retirement or ...