All Analysis articles – Page 46
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AnalysisHow to develop a benefits strategy post merger or acquisition
If you read nothing else, read this…The volume of mergers and acquisitions is growing, meaning more HR and benefits teams are having to think about integrating different benefits propositions.Whereas once organisations would leave the benefits of an acquired or merged business alone, this is now less common.If employers do decide ...
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Analysis
This month in numbers: October 2015
1% – eligible Royal Mail employees were gifted a 1% share in the organisation as the government completes the sale of its 13% stake. 29% – Offiv(Source: Office for National Statistics).75% – of respondents aged 18-34 have little or no awareness of the pension reforms, which came into effect in ...
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Analysis
41 - Aetna industry insight: Take care of employees’ health when expanding abroad
It’s fair to say that the world is truly now a global marketplace. British organisations are not only well placed to take advantage of a ‘borderless’ Europe but doors are open around the world for those able to step through them. Organisations taking advantage of commercial opportunities abroad face a ...
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Analysis
41 - Aetna industry insight: Take care of employees’ health when expanding abroad
It’s fair to say that the world is truly now a global marketplace. British organisations are not only well placed to take advantage of a ‘borderless’ Europe but doors are open around the world for those able to step through them. Organisations taking advantage of commercial opportunities abroad face a ...
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Analysis
48 - SG Fleet industry insight: turning car salary sacrifice on its head
When we speak to employers about car salary sacrifice schemes, the two main questions they typically ask are what if an employee leaves, and will there be a lot of administration? The answers depend on the scheme structure.There are two well-established ways to structure car salary sacrifice arrangements – novated ...
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AnalysisHow can the workplace motivate staff?
If you read nothing else, read this….A well-designed workplace can support employee wellbeing, enhance productivity, and help to attract and retain key personnel. Adequate lighting, space and temperature control are employees’ must-haves in a workplace.Involve employees: by understanding what matters to them and what they need, changes are more likely ...
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AnalysisHow is employment tax simplification progressing?
No doubt some will be wondering: ”What has the OTS ever done for us?”The OTS has spent a good deal of time looking at employee benefits and expenses. The goal was to achieve both technical and administrative simplifications to the tax system, aiming to help employers and reduce their compliance ...
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AnalysisHow to get board level buy-in for workplace wellbeing initiatives
If you read nothing else, read this…To create a business case for a wellness scheme and demonstrate the return on investment (ROI), organisations need accurate internal baseline metrics around staff health and wellbeing.An effective HR technology system is key to collating and analysing what can be a huge amount of ...
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AnalysisIs the Fit for Work service working for employers?
If you read nothing else, read this…The Fit for Work service began its phased roll-out in December 2014. It offers health information and advice to employers and staff, as well as a referral for a health assessment for employees who are off work.The service has received mixed reviews, but is ...
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Analysis
Gift card supplement 4,5,6: Buyer’s guide to corporate gift cards
This could be one reason why growth in sales of corporate gift cards has increased at a rapid pace this year.With business-to-business sales outstripping business-to-consumer sales, according to the UK Gift Card and Voucher Association’s industry figures, released in September 2015, it appears that the role of the corporate gift ...
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Analysis
p4: Pensions research 2015: Key findings
The survey, which was carried out in September 2015 among readers of Employee Benefits and users of www.employeebenefits.co.uk, received 259 responses.Number of UK-based employees in respondents’ organisationsFewer than 100 19%100-500 23%501-1,000 12%1,001-5000 24%5,001-10,000 9% More than 10,000 13%Source: All respondents (259)Organisation typePrivately-owned 60%Publicly quoted 27%Public sector 6%Voluntary sector 6%Source: All ...
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AnalysisKey strategies to avoid in benefits communication
If you read nothing else, read this…Employers should refrain from using uniform approaches to benefits communication.If employers only communicate using one method, it may negatively impact the take-up and comprehension of benefits.Business jargon and failing to consult staff about preferred communication methods should be avoided.Some 40% of employees say their ...
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AnalysisThe latest trends in voluntary benefits
If you read nothing else, read this…Employee health and wellbeing is becoming an increasingly important voluntary benefit with employee assistance programmes, bikes for work and a range of other wellbeing initiatives now being offered as standard.Financial health is also a growing trend, especially financial education and financial benefits.The voluntary benefits ...
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AnalysisHow can the fleet industry help employers to control fleet costs?
If you read nothing else, read this…Looking at whole life cost can provide a more complete picture of spend and cost savings.Bringing together data on fleet, travel and expenses from across an organisation can help an employer to identify and control costs.The fleet industry can offer employers insights and share ...
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AnalysisHow can company car schemes meet the needs of a varied workforce?
If you read nothing else, read this…A vast range of cars are available through company car schemes to suit the various tastes, requirements and expectations of employees.Offering staff the choice they desire can enhance take-up and engagement, with company cars as a benefit.A scheme that appeals to all segments of ...
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Analysis
Fleet debate - 14: What are the key benefits of salary sacrifice car schemes for employers and staff?
If you read nothing else, read this…Salary sacrifice arrangements offer tax advantages and enable both employers and staff to save on National Insurance contributions.Many schemes include insurance and maintenance benefits, reducing the costs associated with running a car.Car salary sacrifice schemes can equip employees with newer, greener and safer cars.Colin ...
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AnalysisTaking care of international employees
Staff who are relocated overseas have special requirements, such as access to healthcare for both existing and new conditions. David Healy explains how insurers are supporting this important group of employees.Even with a supportive employer relocation package, moving abroad to work can sometimes be daunting for employees. Healthcare is always ...
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AnalysisBenefits technology case study round-up
Portus Consulting has issued free Fitbit fitness bands to each of its 40 employees. Doncaster Metropolitan Borough Council has switched voluntary benefits providers. It launched a new platform, provided by Xexec, for its 4,800 employees on 6 July.Sky has increased the take-up of its flexible benefits by more than 30% ...
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AnalysisHow software can ease the burden of benefits administration
If you read nothing else, read this…A good software system can eliminate the need for a dedicated benefits administration function and alleviate much of the admin burden from HR.When choosing a system, employers should opt for cloud-based providers that offer services that can be integrated into an existing HR system ...
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AnalysisWhat is on employers’ wish lists for a benefits portal?
If you read nothing else, read this…Simple navigation and mobile access can help engage employees with benefits portals.Employers consider the branding of portals to be really important.Employers can involve staff in the creation or update of a portal to boost engagement with benefits.As many as 83% use one to raise ...