All Analysis articles – Page 25
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AnalysisHow to measure the value of occupational health initiatives
Need to know:In addition to reducing absence and meeting legal requirements, occupational health interventions can benefit many things, including turnover, productivity and employers’ liability insurance.Using data from a wide range of sources, organisations can map positive changes that show the value of their occupational health programme.Hidden factors should also be ...
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AnalysisBig city benefits versus rural reward: How location impacts benefits strategy
Need to know: While there are universal hygiene factors, the employee experience can vary significantly in different locations.Taking into account commuting times, wellbeing stressors, pay levels and lifestyles, employers can create a truly engaging benefits strategy.Some perks are universally popular, but need to be tailored to local needs, or communicated ...
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AnalysisPayday stress: Financial wellbeing in numbers
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AnalysisShould employers offer staff increased pay flexibility?
Need to know:Employers are catering to increasingly diverse workforces, many of whom want autonomy over their benefits and remuneration.Flexible benefits packages facilitate those employees who want to focus on their finances, while also providing a range of perks to appeal to many demographics.Flexibility when it comes to working hours and ...
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AnalysisHow can employers ease financial burdens for carers?
Need to know:Working carers face unique financial challenges, including receiving lower pay if they have to reduce their hours, and catering to them is vital for retaining key talent.Offering paid carers’ leave is important, as it ensures that employees do not have to choose between using up annual leave or ...
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AnalysisTop tips to support employees with unhealthy financial habits
Need to know:Addictive and unhealthy financial habits, such as gambling, are hard to spot, so financial wellbeing initiatives must offer a variety of supports to help employees with a wide range of needs.Looking into staff behaviours and demographics can help tailor communications and construct a strategy that fits with the ...
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AnalysisHealthy habits: Reaping the benefits of health-related resolutions
Need to know:There are many options employers can offer to help support healthy resolutions, including gym memberships, health cash plans and free fruit.Buy-in from senior management can create a supportive culture and ensure the success of a programme.Support for employees’ health improvement in the new year should be part of ...
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AnalysisInvesting in wellness: Employee health in numbers
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AnalysisEngagement and motivation: Maintaining productivity and happiness in the first quarter
Need to know:Following the festive break, employees can return to work demotivated, and determined to look for new challenges elsewhere.Easing staff in with a welcome event will give them something to look forward to and decrease the difficulty of returning to work in January.Supporting employees who are trying to look ...
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AnalysisStaying engaged: Employee motivation 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...Engagement and motivation: Maintaining productivity and happiness in the first quarterX4 Group uses seasonal holiday incentives to motivate and engage employees
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AnalysisFinancial health: Helping employees plan for short and long-term financial goals
Need to know:The new year is a time for positive financial changes, and employers should embrace this, as monetary wellbeing translates directly into happiness and productivity.Rather than just focusing on pensions for the long-term, organisations should consider all aspects of financial wellbeing, including short-term items like loan repayments.Communications should be ...
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AnalysisHow can employers use reward and benefits to address sustainability?
Need to know:Employers need a strategic and holistic approach when addressing sustainability; this should align with organisational values and corporate social responsibility.Intrinsic rewards can often be more motivational than extrinsic, as part of a recognition programme based around sustainability.Employees’ personal values and objectives should feed into the organisation’s overall approach ...
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AnalysisBeating the blues: Supporting employees with their mental wellbeing in January
Need to know:January can be problematic when it comes to mental wellbeing, but it can also be a positive time to introduce new initiatives.Open communication around mental health, in addition to signposting towards official services and benefits, can create a positive culture.Employers can use mindfulness, yoga, breakout spaces and other ...
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AnalysisThe bigger picture: Total reward in numbers
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AnalysisHow can employers benchmark their total reward strategy?
Need to know:Benchmarking beyond quantitative pay figures can prove difficult, but employers need to consider a wide range of elements when measuring the success of their total reward package.External comparisons are important, but canvassing internal employee opinion is also integral when deciding on changes and shaping strategy.When updating a total ...
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AnalysisHow to tailor a total reward proposition for a modern workforce
Need to know:A successful total reward proposition should reflect employee needs on an individual basis, rather than simply being segmented by demographics such as age.An employer's core culture and values should underpin and align with its total reward strategy.A social contract can help build transparency, ensuring that employees know what ...
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AnalysisTotal reward trends: What will shape benefits in 2019 and beyond?
Need to know:Flexible working continues to be a top trend for 2019, as work-life balance remains a key priority for employees.Technology can help create the consumer-based experience that employees increasingly expect from their interactions with benefits packages.Employers must take into account changing attitudes to career trajectories, and the presence of ...
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AnalysisHow can employers unify their benefits strategies internationally?
Need to know:For global organisations, a unified benefits strategy, as opposed to numerous localised approaches, can ensure that all employees are treated and cared for equally.Localised benefits packages that align to overarching principles can help create an appropriate offering that appeals to differing needs.Open and honest communications can help employers ...
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AnalysisDo group risk benefits need a makeover?
Need to know:Employers and providers might want to consider re-branding group risk benefits to help clarify the purpose of each product.A multi-media communications approach, using digital, paper and face-to-face communications, is best for ensuring engagement.Employers should strive to increase take-up and awareness of value-add services to impact employee absence, presenteeism ...
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AnalysisHow to encourage active decision-making surrounding pension investments
Need to know: Employees can self-select their pension fund, rather than remaining invested in the default option; this can help staff better tailor investments to their personal circumstances.Financial education around available pension fund options can help employees make informed, active investment decisions.Communications should be clear, simple and feature a mix ...