All Analysis articles – Page 23
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AnalysisSacrificing salary: Voluntary benefits in numbers
!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script")[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=d+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var r=e.createElement("script");r.async=1,r.id=s,r.src=i,o.parentNode.insertBefore(r,o)}}(document,0,"infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");Read more...What are the latest trends in voluntary benefits?PageGroup uses holistic platform to engage employees with voluntary benefits
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AnalysisWhat role can workplace sports and social clubs have within a health and wellbeing strategy?
Need to know:Workplace sports and social clubs, such as football teams, theatre groups and chess clubs, support social wellbeing as part of a broader health and wellness strategy.Forging employee relationships away from work can improve business outcomes by encouraging creativity and collaboration.Clubs should be inclusive and not simply centre around ...
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AnalysisWhat can employers do to rebalance pension gaps in organisations?
Need to know:The UK corporate governance code was strengthened in July 2018 to oblige organisations to align new executive directors’ pensions with those available to the wider workforce.Despite political and shareholder impetus, so far executive pension rates are drifting down quite slowly, with 25% of pay viewed as acceptable. This ...
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AnalysisHow are ESG factors impacting pension engagement strategies?
Need to know:Awareness of environmental, social and corporate governance (ESG) factors in pensions investment is increasing as regulatory requirements push it up the agenda.Employers can align the ESG considerations in their pensions investment strategy with their own corporate and social responsibility (CSR) policies.More employee education is needed to ensure they ...
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AnalysisHow can employers use total reward to align staff with business goals?
Need to know: Providing employees with shares, or aligning financial reward with business performance, can give staff a vested interested in organisational goals.Aligning recognition with the employer's values and objectives can influence employee engagement and behaviours, but should be carefully considered so as to avoid damaging objectives.Using effective communications and ...
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AnalysisWhere does the company car sit in a modern staff travel scheme?
Need to know:Employers are increasingly looking at giving more flexibility in their company car schemes, whether that means a choice of vehicle or a cash alternative.Blended mobility options involve looking at a range of travel possibilities in order to create the most efficient choice that meets both operational and employee ...
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AnalysisTop tips on getting senior level buy-in for financial wellbeing initiatives
Need to know:Employers can create targeted financial wellbeing interventions specifically for senior leaders to enable them to experience the benefits first-hand.Data, such as absence rates and engagement scores, can offer tangible evidence to help present the business case.Linking mental health and financial wellbeing can help draw senior leaders’ attention to ...
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AnalysisChampioning wellness: Mental health in numbers
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AnalysisHow to ensure mental health first aiders are effective
Need to know: Mental health first aiders need to be representative of the workforce and evenly distributed across an organisation, ensuring that they are accessible to all employees.From visible signposting worn by trainees, through to branded awareness campaigns, mental health first aid initiatives must be well communicated to be fully ...
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AnalysisWhat impact can the physical workplace have on mental health?
Need to know:Employers should consider a wide range of factors, from lighting to floorplan, when considering the impact of the workplace on mental health. Above all, it is important to provide employees with variety and choice.On-site wellness initiatives and dedicated wellbeing rooms can be helpful, but should be provided as ...
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AnalysisHow mental health approaches can be targeted to workforce demographics
Need to know:Various factors, such as age, gender and job role, can influence the amount and type of mental wellbeing support needed by employees. Some influences, such as the impact of home working, might be less obvious.Offering a wide variety of support systems can help reach more employees, but will ...
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AnalysisHow to roll out healthcare and wellbeing benefits globally
Need to know:Employers looking to roll out healthcare and wellbeing benefits globally need to use culturally appropriate language to effectively engage employees across different locations.Creating a global framework that allows for local tailoring is effective for supporting geographically dispersed staff while adhering to an overall vision.Buy-in from local HR teams, ...
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AnalysisBeyond pay: Gender differences in the workplace
Need to know:While organisations are focusing on addressing the gender pay gap, they may be missing some of the underlying discrepancies that exist alongside it.Wage differences and the higher likelihood of career breaks among women can influence financial wellbeing and retirement incomes.Progression and career development are impacted not only by ...
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AnalysisWearables in the workplace: Benefits technology in numbers
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AnalysisTop tips on using wearable technology effectively within benefits and reward
Need to know:To be effective, employers need to define what purpose they want to achieve by using wearable technology; this will help identify what data will be most useful to collect.A clear and transparent communications approach is vital to mitigate employee fears around data privacy and boost engagement.Information from wearable ...
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AnalysisHow to ensure employees engage with a new benefits technology platform
Need to know:Maximum choice should be offered to employees for how they interact with their benefits, but employers also need to consider what specific features will best suit their workforces.If the aim of implementing benefits technology is to fit with an increasingly digital world, communications about a new platform should ...
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AnalysisThe impact of digital healthcare on health and wellbeing strategies
Need to know:Before investing in a digital healthcare solution, employers must consider their end goal, as well as the demands of the end-user.Organisations should build a strategy to ensure that digital interventions make a real difference to those employees that need it, rather than providing the newest trends.Virtual health can ...
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AnalysisHow organisations can link motivation and recognition with employer brand
Need to know: Recognition strategies can help organisations avoid presenting a brand and set of values that do not resonate with the realities of the employee experience.Employers should take a creative, tailored approach to the perks on offer, as well as consider how the structure of the recognition programme itself ...
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AnalysisWhat employees want: How to get the most value from a benefits offering
Need to know:Surveys, exit interviews and benefits usage data are all constructive ways of finding out what staff appreciate, but employers should be aware that some valuable benefits might still fall by the wayside.Eliciting feedback and suggestions from employees who have actively used less widely understood products, such as group ...
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AnalysisHow could pensions dashboards influence engagement with employee contributions?
Need to know: The pensions dashboard, due to be launched in 2019, will facilitate better engagement, but will be most effective as part of a broader communications strategy that includes face-to-face methods.In the earlier stages, the biggest attraction of the dashboard will be for consumers to track down lost pensions ...