All Analysis articles – Page 27
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AnalysisWhat are the latest trends and developments in financial education?
Need to know:Financial education is being increasingly influenced by machine learning, which predicts what education employees need based on previous choices.More employers are looking to support financial education programmes with regulated financial advice, although financial coaching could be a more affordable alternative.Digital communications and tools are being used to signpost ...
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AnalysisHow to make staff feel valued at Christmas
Need to know:Employers should be unafraid to reinvent their Christmas incentives if they believe this will ultimately better engage and reward staff.Experiences, rather than physical items, are an increasingly popular way to reward staff.The introduction of a discount scheme could be a cost-efficient way to help staff budget over Christmas, ...
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AnalysisThe harmful effects of presenteeism on employee health
Need to know:Presenteeism not only affects engagement, productivity and retention, but can also have a long-lasting impact on employee health.Employees who are overworked and fatigued can develop health issues such as diabetes, are more likely to have accidents at work and are at greater risk of mental health issues.Employers should ...
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AnalysisInfographic: How active are employees during the working day?
!function(e,t,n,s){var i="InfogramEmbeds",o=e.getElementsByTagName(t)[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(s)&&(s=d+s),window[i]&&window[i].initialized)window[i].process&&window[i].process();else if(!e.getElementById(n)){var a=e.createElement(t);a.async=1,a.id=n,a.src=s,o.parentNode.insertBefore(a,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");!function(e,t,n,s){var i="InfogramEmbeds",o=e.getElementsByTagName(t)[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(s)&&(s=d+s),window[i]&&window[i].initialized)window[i].process&&window[i].process();else if(!e.getElementById(n)){var a=e.createElement(t);a.async=1,a.id=n,a.src=s,o.parentNode.insertBefore(a,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");Read more...How can employers use physical activity in the workplace to tackle diabetes risk?
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AnalysisHow can employers use physical activity in the workplace to tackle diabetes risk?
Need to know:Inactivity can increase an employee’s chance of contracting diabetes, therefore physical activity initiatives in the workplace can help mitigate potential diabetes risk.Incorporating physical activity into employees’ daily working environment can have an impact, for example swapping a traditional desk for a sit-stand desk or by taking the stairs ...
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AnalysisShould organisations incentivise health improvement among employees?
Need to know:Growing numbers of employees expect a reward or incentive for participating in workplace health programmes.Many off-the-shelf initiatives enable employees to collect points for completing healthy actions; these can then be redeemed for various rewards and prizes.Employers should carefully consider the type of challenge and reward being used to ...
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AnalysisHow can employers fully embrace flexible working practices?
Need to know:Flexibility in working practices is in high demand and accommodating this can influence an organisation's performance; but this takes careful planning to implement effectively.Leadership buy-in, role models and strong communication are all elements of laying the groundwork for flexible working practices, as is ensuring that internal systems are ...
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AnalysisHow can creating employee stakeholders boost motivation?
Need to know:If organisational aims align with employees' personal goals, they will be more motivated and committed to contributing to success.Employee share plans allow staff to invest in their organisation, both financially and in terms of engagement.Personal development plans can help demonstrate to employees how their work and skill set ...
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AnalysisHow to motivate employees with effective gamification strategies
Need to know:Gamification is more than just badges and leaderboards; it in fact helps to systematise, unify and measure long-standing motivation techniques.Effective gamification involves in-depth strategy, careful testing, and judicious application.To truly make the most of a codified system of goals and achievements, employers should embrace the advantages technology can ...
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AnalysisHow to use short-term strategies to motivate job-hoppers
Need to know:Mentoring, training and development are crucial to retaining employees, and should be implemented early on to catch those who are less likely to remain long-term.Younger employees are often motivated to stay in a job longer if they are offered flexible hours and the option of working from home, ...
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AnalysisHow the changing face of technology is shaping healthcare benefits
Need to know:Technology is transforming the methods of monitoring and managing health, both physical and mental.Developments benefit both employer and employee, by saving time, getting quicker diagnoses and promoting healthier lifestyles.Mental health support can be integrated, anonymised and normalised using apps and technology.Following the explosion of smartphones and, more recently, ...
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AnalysisHow can benefits technology promote a more inclusive workplace?
Need to know:Benefits technology should be fully accessible to every employee, no matter their personal situation, in order to promote an inclusive working environment.Technology allows for greater inclusion by reaching a wide range of ages, demographics and remote staff, including those with disabilities who may find standard communication tools difficult ...
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AnalysisThe role of benefits technology in enhancing the digital employee experience
Need to know:The digital employee experience relates to everything the employee goes through during their hire to retire journey, and technology is an important piece of this puzzle.Benefits technology that mirrors employees’ experiences as consumers is particularly effective, as the processes are already familiar and valued by them.Employers can use ...
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AnalysisEmployee engagement: technology versus face-to-face
Need to know:Employers need to provide a combination of technology and more traditional methods to motivate and engage staff.Technology's strengths are its reach and speed, but data needs to be used effectively in order to personalise communications.Employees still need face-to-face interactions when it comes to team-building and dealing with serious ...
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AnalysisThe benefits and practicalities of an integrated healthcare strategy
Need to know:An integrated rather than siloed approach to healthcare, incorporating mental and physical health, can boost the benefits to engagement and productivity.Employers can reduce the range of treatments needed to support employees, while reaping the rewards of more effective products.External advisers can help to mitigate the logistical issues by ...
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AnalysisHow artificial intelligence is influencing the world of employee benefits
Need to know:Artificial intelligence (AI) is already transforming the speed with which financial advice is delivered in the workplace, tailoring messages to employees, as well as helping them to make healthier lifestyle choices.In the near future, AI is expected to continue personalising information to increase employee engagement with benefits, leading ...
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AnalysisHow can employers cater to multi-generational workforces in their reward packages?
Need to know:Having a multi-generational workforce means catering to employees at every stage of adult life, but doing so can provide important dividends.Disability and care responsibilities are among the core issues for an ageing workforce and those in the 'squeezed middle', but resorting to stereotypes should generally be avoided.Wide-ranging packages ...
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AnalysisWhat support should PMI offer transgender employees?
Need to know:Insurers currently offer gender affirmation treatments and surgeries within private medical insurance (PMI) schemes on an on-demand basis.Many employers are starting to include transgender-specific healthcare by incorporating mental health support services as part of their PMI offering, tailored for trans employees.PMI can prove useful for managing transgender employees’ ...
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AnalysisTop tips for employers that want to improve pay transparency
Need to know:Increased transparency can boost engagement, retention and trust, among other things, meaning that it is well worth tackling ingrained traditions of secrecy surrounding compensation.Employers should find a degree of transparency that suits their organisation and workforce, and should use open communication to ensure it is rolled out smoothly.Pay ...
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AnalysisHow can employee share schemes support an employer’s financial wellbeing strategy?
Need to know:Employee share schemes, such as a share incentive plan (Sip) or a sharesave scheme, can help employees develop savings habits and financial confidence.Share schemes can educate staff around organisation shares and how investment works, which can align well with employers’ financial education provisions.Share plans can target employees’ medium ...