All Analysis articles – Page 50
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Analysis
41, World Duty Free Group motivates staff through recognition schemes
If you read nothing else, read this…World Duty Free Group revamped its recognitions schemes after listening to staff feedback.Employees are now more engaged with its suggestion scheme.More employees are now recognised in its peer recognition scheme.Working with Red Letter Days for Business, the organisation has relaunched two of its employee ...
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AnalysisExcepted group life policies: the devil is in the detail
Key pointsFrom April 2016, the lifetime allowance limit will reduce to £1m, meaning more employees will exceed the allowance and become liable to a potential 55% taxEmployers may be considering excepted group life policies to mitigate the effects of the reductionWith their 10-year anniversary approaching, it is critical employers review ...
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AnalysisIt is time to rebrand pensions
Key pointsEmployees are still confused about pensions, the new freedoms and how they apply to themOrganisations that strive to be an employer of choice need to go beyond merely complying with the new changes and use strategic communications to educate their workforcesPensions should be positioned as part of lifestyle choices, ...
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AnalysisKaren Taylor: The role of technology in managing workplace health
Key points The prevalence of long-term health conditions and the impact on sickness absence rates and employees’ caring responsibilities are driving employers to use mobile health technology to engage employees in their health and wellbeing. Technology enables highly distributed, mobile and increasingly dispersed employees to be informed and engaged partners ...
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AnalysisWestfield Health: How to secure investment for employee health and wellbeing initiatives
Key pointsA powerful and convincing business case is key to winning management buy-in for health and wellbeing initiatives.Key decision-makers should be communicated with on an ongoing basis.Communication strategies should highlight the numerous long-term benefits that a health and wellbeing strategy can bring to a business.The business benefits of providing staff ...
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AnalysisDina Themistocleous: How to future-proof a workplace health strategy
Key points The focus of workplace health initiatives is shifting from being treatment-focused to promoting and maintaining good health.Contemporary prevention practice in occupational health tends to be limited to addressing lifestyle issues, which are unlikely to affect the headline causes of work-related ill-health.Most workplace strategies are assessed in the form ...
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AnalysisKey trends impacting health and wellbeing benefits
If you read nothing else, read this…Preventative health and wellbeing support is a growing feature of employers’ workplace health support.Wellbeing-themed benefits that extend to supporting employees’ psychological and financial health are also popular.Data generated from wearable technology that tracks employee health can help organisations to shape their health strategies.Statistics:40% of ...
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AnalysisAndy Bell: How to integrate mental health support into a workplace strategy
Key points Awareness of workplace mental health conditions is low, with work often seen as a threat to our health and something to avoid for people with mental health problems.But good work is beneficial for both mental and physical health. Supporting mental health at work is no longer an optional ...
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AnalysisHow employers can boost employees' emotional resilience
If you read nothing else, read this…Emotional resilience is the ability with which an individual is able to bounce back after periods of stress and adversity.Emotional resilience can be taught and the workplace is an ideal setting to support employees’ mental health.Employers can build and support employees’ emotional resilience ...
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AnalysisTop five ways to create an engaging total reward statement
If you read nothing else read this…Employers should choose a suitable method of accessibility of total reward statement (TRS) to engage employees.Personalised content can help make a TRS engaging.Line managers can help communicate details in the statement.Employers can use total reward statements (TRSs) as a way of helping employees gain ...
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AnalysisWhat to consider when setting up a default investment strategy
If you read nothing else, read this…A default investment strategy should be created to help employees who do not want to make active choices about their pension investment.A strategy should take into account an organisation’s demographics, such as age, likely retirement age and contribution levels.The pension freedoms, which came into ...
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AnalysisThe role of rehabilitation benefits in a group risk strategy
If you read nothing else, read this…Employees need to be made aware of the rehabilitation benefits that can assist their recovery and return to work.Employers should treat each case on an individual basis.Occupational health services, counselling and cancer support can help an employee return to work.A survey, published by Bupa ...
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AnalysisThe evolution of family-friendly benefits
If you read nothing else, read this…Some employers have integrated shared parental leave regulations into their family-friendly benefits policy.The end of childcare vouchers could cause a decline in workplace support for working parents in some organisations.Employers should have open conversations with staff to find out what benefits would help to ...
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Analysis
13: Share schemes in numbers
7,000: Admiral employees will each receive £3,000 worth of free shares into the insurance provider’s share incentive plan (Sip): bit.ly/18uDCXu100%: Architectural visualisation studio organisation Hayes Davidson is now 100% owned by its employees: bit.ly/1DTjGdc17 years: Hundreds of Roadchef employees are to receive a payout after settling a 17-year dispute over ...
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AnalysisBuyer’s guide to corporate eyecare
Traditionally seen as a means to meet an organisation’s duty-of-care requirements, the popularity of eyecare schemes means that more employers are looking to make them part of their package of health and wellbeing benefits.A regular eye test can help employees look after many different aspects of their health. As well ...
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Analysis
27, Using staff surveys to create a benefits package
If you read nothing else, read this…Surveys can provide valuable insight into what employees think of benefits packages.Employers need to set clear objectives of what they want survey results to achieve.Staff need to be kept up to date with results of surveys.Gathering employees’ views on benefits can offer valuable information ...
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AnalysisShilling industry insight: Freedom and choice - X marks the opportunity
If you read nothing else, read this…Latest reforms present opportunity to, and requirement for, employees to take ownership of retirement planning.Generation X is at risk of falling between the cracks and needs to be educated now.Effective governance can identify employees at risk much earlier.A long-term communications strategy that uses personalisation ...
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AnalysisHow to create a summer motivation strategy
If you read nothing else read this…Summer can be a good time to motivate employees by highlighting benefits such as childcare provision, health and wellbeing programmes and retail discounts and vouchers.Financial wellbeing is equally important during the summer months.Personal recognition or a ‘thank you’ can help boost staff motivation.The summer ...
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AnalysisNew trends in international private medical insurance
If you read nothing else, read this… Many employers have traditionally accepted the relatively high cost of international private medical insurance (IPMI).The performance of unnecessary medical procedures is helping to maintain high IPMI costs in some countries.But employers can help to reduce costs by dictating the hospitals in which their ...