All Analysis articles – Page 29
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AnalysisWhat actions should employers take to prepare for Brexit?
Need to know: Whatever the outcome of negotiations, Brexit will have a significant impact on organisations' ability to attract and retain the talent they need.Employers should consider the ways in which their workforce might change, and consider whether their benefits proposition needs to shift.The war for talent may drive up ...
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AnalysisClosing the gender pay gap: next steps and key challenges
Need to know:Diversity of gender, background, experience and opinion is key to business success, and closing the gender pay gap would have significant economic benefits for the UK.Coaching, mentoring and sponsorship of women is an important way of ensuring female employees do not get stuck in the talent pipeline.Flexible working, ...
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AnalysisIn numbers: The challenges of flexible benefits in a modern workplace
!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...What do flexible benefit schemes look like in the modern workplace?PageGroup incentivises employees to find out more about their flexible benefits packageProfessor Dan Cable: A flexible benefits package is essential in the modern workplace
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AnalysisWhat do flexible benefit schemes look like in the modern workplace?
Need to know:Flexible benefit schemes are becoming more popular as employees come to expect more individuality, and employers focus on retaining them.Advancements in technology allow for more variety in terms of both the communication of benefits, and employees' means of accessing them.Organisations can offer a wide range of benefits, but ...
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AnalysisThe role of ESG funds in pension investment strategies
Need to know:ESG funds, which are different from ethical funds, consider the environmental, social and governance impacts of the organisation being invested in.Employers should use positive case studies to demonstrate to employees how their pension investment is affecting wider environmental, social and governance factors and projects.An organisation’s default investment fund ...
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AnalysisInfographic: How does responsible investing influence how members feel about their pension?
!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...The role of ESG funds in pension investment strategiesVivek Roy: How can employers incorporate ESG into their pension investment portfolio?
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AnalysisThe changing role of reward in managing the talent pipeline
Need to know: High employment levels are forcing organisations to rethink their employee value propositions, progression pipelines and retention strategies.Demonstrating a long-term commitment, nurturing talent and even providing secondment opportunities can help boost staff loyalty.Flexible working options can be key to appealing to a wide range of employees, not just ...
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AnalysisInfographic: Common traits in organisations with thriving employees
These figures demonstrate the extent to which certain traits can be found in organisations whose employees feel they are thriving, compared with the extent to which the same traits are found in organisations whose employees do not feel they are thriving.!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");
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AnalysisHarnessing employee insights to improve engagement strategy
Need to know:Annual surveys are a popular choice for gathering employee insights, when used effectively and alongside other methods.Online forums, social media and digital platforms can provide easy, anonymous methods, but face-to-face conversation is still important.Empowering local managers to enact change is an important aspect of effective follow-up after canvassing ...
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AnalysisEmployee engagement in numbers
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AnalysisFinding ways to engage employees in the modern age
Need to know:Employees are becoming less likely to see their employer as a trusted source of information, which can impact meaningful engagement.Regular meetings, using technology to the employer's advantage, can be integral in maintaining a collaborative culture, even with the growing number of home-workers.Taking the time to analyse an organisation's ...
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AnalysisBest practices for measuring employee engagement
Need to know:Traditional annual surveys are still an effective way of measuring employee engagement, especially when used alongside other methods.Frequent pulse surveys and the use of digital platforms and social media can create a continuous listening strategy.External benchmarking, used carefully, can help an organisation understand its scores, while internal benchmarking ...
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AnalysisHow technology is shaping the future of employee reward
Need to know:The delivery of benefits is becoming more mobile-optimised, with new technologies such as machine learning, artificial intelligence (AI) and blockchain waiting in the wings.Data and data analytics is playing an increasingly important part in the personalisation of reward.Communication, security and transparency remain key, especially amid concern and publicity ...
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AnalysisCreating a reward strategy to support the people and business agenda
Need to know:Not all staff are happy about going to work at present, and this lack of enthusiasm is impacting productivity.The good news is that it is possible to improve productivity by creating a different culture. The secret is imbuing staff with a sense of purpose, using reward strategy as ...
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AnalysisHow can employers calculate a return on investment on group risk benefits?
Need to knowEmployers should make sure they are maximising all features of group risk benefits they offer.The benefits provided to employees must be communicated in a compelling and timely manner.Employers should also factor in employee sickness absence and the cost of sick pay.Nearly 12.5 million employees were covered by group ...
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AnalysisGroup risk in numbers
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AnalysisWhat health and wellbeing lessons can employers learn from professional athletes?
Need to know:Employers can implement resilience training to educate employees on how to cope with mental and physical stress.Encouraging recovery time and regular breaks during the working day can help employees optimise their productivity.Line managers can align themselves to sports coaches to signpost health and wellbeing interventions to employees where ...
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AnalysisThe role of group risk benefits in a mental wellbeing strategy
Need to knowMental health is often the number one reason for claims under group income protection.Many of these can be prevented through proactive and early intervention.Offered in conjunction with comprehensive early intervention services, EAPs can provide employees with access to the vital support they need.Mental wellbeing in the workplace is ...
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AnalysisWhat does a modern group risk strategy look like?
Group risk benefits, such as life insurance and income protection, have been around for close to 200 years. And, while their objective has not changed significantly, employers are now using them in a much more strategic way.Rather than provide group risk products simply as a perk or to match competitors, ...
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AnalysisHow to structure a competitive reward strategy for different employee profiles
Need to know:A reward strategy encompassing different employee profiles should be based on a set of core principles that can be tailored to suit varying employees’ wants and needs in terms of benefits.Employers can collect employees’ opinions on what benefits are most valued using employee surveys and face-to-face focus groups.Employers ...