All Analysis articles – Page 30
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AnalysisInfographic: Why employees do not always seek medical advice promptly
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AnalysisIs there a role for virtual GPs in a health and wellbeing strategy?
Need to know:Virtual GP services enable employees to access medical advice online, via an app or via a telephone service.Virtual GP services registered with the Care Quality Commission (CQC) are strictly moderated.Virtual GP services can help to reduce absenteeism and increase productivity.Over the past few years, virtual GP services have ...
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AnalysisWhat can employers do to address gender pay disparity?
Need to know:Gender pay refers to the comparison of the average total earnings of men versus the average total earnings of women who work at the same organisation. This differs from equal pay, which explores whether men and women are paid the same for comparative work.Practical policy changes, such as ...
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AnalysisShould employers do more to encourage take up of shared parental leave?
Need to know:An organisation’s culture can influence whether parents feel comfortable requesting shared parental leave.Enhancing shared parental pay above the statutory minimum can enable parents to align decisions around childcare and parental leave more to family needs rather than this automatically falling to the parent whose employer offers better-paid leave.Case ...
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AnalysisHow can employers deliver a valued benefits package for expatriates?
An overseas assignment can be rewarding for employee and employer alike. But, whether based in Brussels or Bogota, having the right employee benefits and support for expatriates is a must.For starters, an expatriate remuneration package needs to be attractive. Penny Pemberton, principal at Aon Employee Benefits, says: “[Organisations] compete for ...
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AnalysisTop considerations when selecting a master trust provider
Need to know: Employers need to consider a range of issues when picking a master trust including financial security and future plans.Employers should consider what will work best for members, including investment strategy.It is important to keep any scheme under review to ensure it remains fit for purpose.For some employers, ...
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AnalysisHow is technology evolving benefits communication strategies?
Need to know:Employers should not be afraid to embrace new technology in benefits communication strategies.Utilising employees' personal technology, such as smartphones, tablets and laptops, can help to reach and engage a broad audience.New technology should complement, not replace, traditional forms of communicationEmployers are faced with the ever-present challenge of identifying ...
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AnalysisInfographic: The main financial wellness drivers for employees in 2018
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AnalysisWhat elements of behavioural economics can employers build into a financial wellbeing strategy?
Need to know:Behavioural economics can be used to nudge employees in the right direction when making decisions impacting their financial wellbeingEmployers can learn from the auto-enrolment experience which built on using employees' inertia to boost pension saving in the UK.Encouraging staff to commit to save more tomorrow can also support ...
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AnalysisHow can employers build personal learning and development into a reward strategy?
Need to know:Learning and development opportunities that focus on employees’ personal interests and goals can support employers' employee engagement, recruitment and retention strategies because employees can see they are being invested in as individuals.Employers can offer access to personal learning and development, such as language classes or a cookery course, ...
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AnalysisHow can a benefits strategy support the employee experience?
Need to know: In a world where work and life boundaries are blurring, employees are expecting more from their working lives. A great employee experience is more important than ever. Today, workers are looking for more authentic organisations with clear sets of principles. Feeling a sense of purpose is increasingly ...
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AnalysisInfographic: What are the advantages of providing eyecare benefits to staff?
!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...How can optical benefits help to detect and manage certain health conditions?Admiral provides enhanced optical benefits to support employee health
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AnalysisHow can optical benefits help to detect and manage certain health conditions?
Need to know:Thorough eyesight examinations, that are more extensive than statutory requirements cover, can detect the early symptoms of chronic conditions such as diabetes and high blood pressure.An optical benefits plan can sit well alongside other employee benefits, such as an online GP service, private medical insurance (PMI) and early ...
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AnalysisIs there a need for better targeted pensions education for female employees?
Need to know:Research published by Aon in 2016 indicates that women have lower levels of financial confidence than men. This has a domino effect on how they then make decisions around saving for retirement.A pensions education programme that discusses retirement savings in relation to taking time away from work to ...
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AnalysisInfographic: How many global employees expect to work into their 70s?
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AnalysisWhat can the UK learn from European benefits reforms?
Need to know:Some European countries, such as the Czech Republic and Spain, have increased paternity leave to reinforce a focus on gender equal family-friendly policies.Poland and Turkey are among the latest European countries to implement pensions auto-enrolment initiatives to help combat the financial implications of an ageing population.Larger organisations may ...
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AnalysisFinancial wellbeing in numbers
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AnalysisWhy support financial wellbeing for different types of workers?
Need to know:Employers should consider offering financial education to all employees and workers regardless of the length of their contract or employment status.They should communicate clearly what financial wellbeing benefits are on offer.Productivity can increase if employees are not worried about their financial health.The workforce dynamic is evolving, with a ...
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AnalysisWhat role do workplace loans play in a financial wellbeing strategy?
Need to know:A workplace loan scheme enables employees to access a loan through their employer’s benefits package, which they then repay through salary deductions from net pay.Workplace loans can be a useful tool to help employees develop savings habits, as once the loan is repaid, the salary deduction model can ...
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AnalysisHow can employers construct a non-invasive approach to support employees’ financial priorities?
Need to know:Employers should consider personalising the delivery and content of financial education to enable employees to take control of their own learning either at home or in the workplace.Technology, such as platforms that provide individuals with a full financial overview or financial education via WhatsApp, can empower employees to ...