All Analysis articles – Page 59
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AnalysisHow oral healthcare can help to boost staff wellbeing
If you read nothing else, read this…Periodontitis (gum disease) is the most common chronic disease in humans.Giving staff access to dental healthcare can help to boost their general wellbeing.Dental healthcare can be a key indicator in the detection and early diagnosis of many more serious illnesses.In March, Denplan ran a ...
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Analysis
What is driving demand for eldercare as a workplace benefit?
If you read nothing else read this…The number of people needing care will outstrip the family members able to provide it.Eldercare is the fatest-growing perk in flexible benefits plans.Demand is driven by the UK’s ageing demographic, the growing number of users of health and social care, and the ’sandwich generation’.Not ...
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Analysis
Top tips for engaging staff in at-retirement planning
If you read nothing else, read this…The Chancellor’s decision to scrap compulsory annuity purchase for defined contribution (DC) pension scheme members means employers must rethink their at-retirement strategies.But they should not forget to communicate basic pension information.Staff need to consider carefully the income they are likely to need in retirement.1. ...
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Analysis
Employers should provide appropriate care for musculoskeletal complaints
Musculoskeletal conditions are one of the main causes of workplace absence in the UK, and, unsurprisingly, represent the leading cost in healthcare claims and absence for almost all employers.In 2009, Aviva UK Health identified that early intervention and access to effective care pathways were essential to reducing workplace absence and ...
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AnalysisInterview with Sarah Purnell, head of UK reward and benefits, Tesco
After spending four years at Tesco in two different roles as a business analyst and an IT finance manager, Purnell became interim reward and benefits manager after returning to the organisation following a few months spent travelling.“I am fortunate because Tesco has a really strong talent planning process,” she says. ...
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AnalysisTessa Gutteridge: Enabling young people with dementia to continue working
‘Young onset’ dementia affects people of working age, usually between 30 and 65 years old. This is also referred to as ‘early onset’ or ‘working-age’ dementia. Young onset dementia is thought to affect more than 64,000 people in the UK, many of them in the midst of their careers when ...
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AnalysisThe problems payroll is causing for pensions auto-enrolment
If you read nothing else, read this…Processing pay and pension contributions has been an issue.Auto-enrolment consultants have seen organisations’ payroll providers over-sell their solutions.Payroll providers have struggled to send out legal communications.A second wave of purchasing is taking place, with employers switching providers.The payroll function’s role is vital for the ...
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AnalysisHow to conduct a global employee benefits audit
If you read nothing else, read this… Employers must decide their objectives before embarking on a global audit.A communication strategy must clearly explain the purpose of the audit and what it entails for all relevant stakeholders.Tracking global staff can be challenging, and larger employers sometimes write off the extra expense ...
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Analysis
Employee Benefits Summit 2014 - speaker slides
Are organisations finally championing health and wellbeing in their business?Wendy Cartwright, former HR director, Olympic Delivery AuthorityDOWNLOAD SLIDESThe outlook for reward and benefits as the economy improvesSarah Purnell, head of UK reward and benefits, TescoDOWNLOAD SLIDESDC pension default investments – meeting the needs of membersMartin Flavell, human resources director, FinmeccanicaDOWNLOAD ...
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AnalysisHow the use of mobile apps is affecting flexible and voluntary benefits
If you read nothing else, read this…Flexible and voluntary benefits providers are changing the way their platforms adapt to mobile technology and apps.Mobile technology is affecting the way benefits choices are made.Social media-based functionality helps communication.App notifications can help drive benefits engagement.People, both at work and in their personal lives, ...
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AnalysisHow to recognise and manage workplace mental health issues
Although they have been overtaken by common mental disorders, physical conditions such as musculoskeletal disorders still account for a substantial proportion of long-term sick leave.But employees cannot be divided neatly into those with physical health problems and those with mental health problems. Physical and mental health conditions frequently co-occur. About ...
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AnalysisHow to win finance director buy-in for health and wellbeing strategies
If you read nothing else, read this…Health and wellbeing strategies can help employers to tackle sickness absence and high employee turnover.But finance directors expect to see a clear return on investment from these strategies, based on empirical evidence.Assessing an organisation’s health and wellbeing benefits spend is a good place to ...
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AnalysisTop tips for introducing on-site fitness classes
If you read nothing else, read this…Employers should determine employee interest before introducing fitness classes in the workplace.A suitable location with adequate capacity for class attendees is key. Health and safety should be the primary consideration for employers’ class programme strategies.However, setting up an on-site fitness or wellbeing class is ...
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AnalysisHow to align tax-efficient benefits with a CSR strategy
If you read nothing else, read this…Employers can align a range of benefits to their CSR strategy, including bikes-for-work schemes and payroll-giving plans.Tax-efficient benefits are an obvious choice, because employers can donate the national insurance (NI) savings and employees can donate the NI and tax savings they make.Tax-efficient benefits, such ...
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AnalysisA guide to tax-efficient benefits
Such bene?ts can be employer-funded or offered through a salary sacri?ce arrangement, which is one of the most common ways staff and employers can save on tax and national insurance.However, when offering bene?ts through salary sacri?ce, employers must complete a P11D form.Here are some of the most popular tax-ef?cient bene?ts ...
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AnalysisThe fastest-growing flexible benefits
If you read nothing else, read this…Emergency childcare, gadget insurance and salary sacrifice car schemes look set to be the fastest-growing additions to flexible benefits schemes.However, a current lack of providers means it may be tricky for employers to offer these benefits, because of lack of choice and little opportunity ...
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AnalysisHow to maximise savings from tax-efficient employee benefits
If you read nothing else, read this…Salary sacrifice arrangements can increase employee engagement with benefits.Employers can use NI savings from salary sacrifice arrangements to help fund pensions auto-enrolment, introduce new benefits, or cover the cost of benefits technology.It is important to communicate the value of tax-efficient benefits to employees.These savings ...
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Analysis
Martin Palmer: What lies beneath auto-enrolment?
Auto-enrolment is on course to breathe new life into pension saving. But what hidden factors could affect its fate, and how can employers set their scheme apart? As the focus of auto-enrolment shifts from large organisations in low numbers to smaller businesses in high volumes, a picture is already emerging ...
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AnalysisHow to use employee benefits to underpin a global expansion programme
If you read nothing else, read this… Employee benefits can help employers recruit, retain and incentivise staff in new countries.A well-planned strategy is key to a consistent benefits offering across multiple locations. Deciding which benefits to offer global staff can be a challenge.Organisations can use employee benefits to help recruit ...