All Analysis articles – Page 39
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Analysis
Default investment solutions
A survey of pension trustees, managers and members by Aon Hewitt in July 2016, found that nearly two-thirds of respondents were considering reviewing their default investment solution in the light of the EU referendum result. Jenny Holt looks at the ongoing role of investment defaults within a pension scheme, and ...
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AnalysisWhat role does robo-advice play in a financial education strategy?
Need to know:The Financial Conduct Authority (FCA) estimates that there are 16 million people in the ‘advice gap’: those that need financial advice but cannot afford it.While the retail distribution review (RDR) made the advice charging process more transparent, it also made it more expensive by raising standards.Robo-advice is seen ...
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AnalysisPractical steps to support employees with cancer screening
Need to know:Cancer checks can be offered as part of a successful health and wellbeing programme.Workplace cancer checks can incorporate checks that are outside of the typical NHS screening procedures.Awareness campaigns featuring presentations, employee literature and webinars can help to educate staff on common cancer symptoms, contributing to early detection.Although ...
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Analysis
Video: Chris Curry - Empowering staff to save for retirement
Chris Curry, director at the Pensions Policy Institute, talks about:What implications will the new state pension have on the support employers offer to staff?How can employers encourage greater employee engagement with saving for retirement?What can be done to overcome apathy around pension saving?What can employers do to help tackle inequality ...
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AnalysisHow does the UK's support for working parents compare with other countries?
Need to know:The less support for working parents the state provides, the more benefits employers might consider offering to staff.Practical support measures that employers offer to working parents in the UK include childcare vouchers, workplace nurseries, flexible-working arrangements and access to networks and counselling.While other countries may offer different statutory ...
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AnalysisWhat would a future without salary sacrifice car schemes look like?
Need to knowThe government has said it is considering limiting the range of benefits available through a salary sacrifice arrangement.While providers are confident car schemes will not end up in the firing line, it is possible alternative models may need to be looked at.These could include affinity, employee car ownership ...
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AnalysisInfographic: What car benefits do organisations offer?
An infographic looking at the car benefits offered by respondents' organisations and the basis on which they are offered (Source: Employee Benefits/Xerox HR Services' Benefit research 2016, published in June 2016).Read more in What would a future without salary sacrifice car schemes look like?
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AnalysisInfographic: What benefits do staff value the most?
An infographic looking at the benefits offered by employers compared with the benefits that staff value the most. (Source: Aviva's Working lives report 2016, published in March 2016).Read more in: How can employers gauge a return on investment on group risk benefits?
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AnalysisHow can benefits help to create an inclusive workplace culture?
Need to know:A supportive working environment can help staff feel they can bring their whole selves to work, benefiting both employees and employers.Line managers will be the first port of call for many, so they must feel equipped to offer appropriate support.Supportive and flexible workplace benefits should be accompanied ...
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AnalysisHow to support employees in a financial emergency
Need to know:The nature of the financial problem often depends on the stage of life an employee is at.Employee assistance programmes (EAPs), debt management support and emergency loans are just some of the ways that employers can help their employees during difficult times.Employers can also offer online budget modellers, a ...
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AnalysisInfographic: How do organisations measure employee engagement?
An infographic looking at how organisations measure employee engagement levels (Source: Employee Benefits/Xerox HR Services Benefits research 2016, published in June 2016).Read more in What are the best approaches to measuring employee engagement?
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AnalysisInfographic: What motivated staff in 2015?
An infographic looking at what motivated staff in 2015 (Source: Red Letter Days for Business' Employee motivation: who came out on top in 2015? report, published in January 2016).Read more in What are the best approaches to measuring employee engagement?
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AnalysisWhat are the best approaches to measuring employee engagement?
Need to knowMeasuring employee engagement should be an all-employee exercise.It can take place once a year through a survey, or be continual, using every opportunity available to gauge employees’ engagement levels.Employee benefits can play a key part in a wider engagement strategy.Employee engagement is highly regarded as a key factor ...
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AnalysisInfographic: Should Lisas form part of employees' remuneration package in the future?
An infographic looking at whether Lisas should form part of an organisation's employee remuneration package in the future (Source: Sackers, published in May 2016).Read more in What role do individual savings accounts play in a workplace savings strategy?
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AnalysisWhat role do individual savings accounts play in a workplace savings strategy?
Need to knowReductions in pensions savings limits could make workplace individual savings accounts (Isas) an attractive savings vehicle for those contributions previously made to a workplace pension.Targeted at younger members of the workforce, the launch of the lifetime Isa (Lisa) next April could prove to be a catalyst for engaging ...
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AnalysisWhat oral health can reveal about an employee's health and wellbeing
Need to knowRegular dental check-ups can prevent oral health issues but also identify other problems, such as diabetes, heart disease and even mouth cancer.Facilitating access to dental checks can also reduce staff absence levels and engage employees with their health.Employers have been reluctant to fund this but this is slowly ...
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AnalysisInfographic: How are employers improving employee engagement with benefits?
An infographic looking at the measures employer respondents are taking to improve employee engagement with benefits (Source: Employee Benefits/Xerox HR Services Benefits research 2016, published in June 2016).Read more in How communication can drive benefits take-up
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AnalysisInfographic: What are the major benefits challenges facing employers?
An infographic looking at the major challenges employers face when putting together a benefits programme for staff (Source: Employers taking action on workforce health and wellbeing, Willis Towers Watson, April 2016).Read more in How communication can drive benefits take-up
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AnalysisHow communication can drive benefits take-up
Driving take-up of any employee benefits package is a perennial challenge for employers; after all, it is no good having a comprehensive scheme if people do not know about it, or understand the value they could potentially get.A good starting point for employers is to make sure they are offering ...
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AnalysisInfographic: What can employers do to help employees find their way?
An infographic looking at what employers can do to help employees find their way and support their goals (Source: Willis Towers Watson's 2015/16 Global benefit attitudes survey, published in February 2016).Read more in How communication can drive benefits take-up