Analysis
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AnalysisRaising the profile of voluntary benefits
Credit: Billion Photos/ Shutterstock 2464376955 Need to know: Benefits such as retail discounts, mortgage advice and salary sacrifice arrangements are powerful tools in a cost-of-living crisis. Voluntary benefits can help engagement across a multi-generational workforce, as different demographics pick relevant services. Communication must ...
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AnalysisAre we moving away from paternalism in employee benefits?
Credit: tomertu/ShutterstockNeed to know:Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic.Flexible benefits, voluntary benefits, and allowances or pots offer the potential for greater personalisation.A robust communications programme delivering frequent messaging in different formats helps employees know what is available, increasing the value of the ...
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AnalysisBuyer’s guide to corporate gym membership
What are corporate gym memberships?Employers can offer a corporate gym membership on an employee-paid or discounted basis, with many gyms offering membership deals to organisations. Through membership, staff can access a gym, health club, leisure or sports centre, or exercise classes as part of a voluntary or flexible benefits package.What ...
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AnalysisHow can voluntary benefits support employees in uncertain times?
Credit: Emerge / Shutterstock (1079190161)Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies.To combat the cost-of-living crisis, employees can use spend and save platforms to save money on a day-to-day expenditures and weekly grocery shopping.Employees react better to ...
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AnalysisBuyer’s guide to retail and discount voucher schemes
What are retail and discount voucher schemes?Employee discount voucher schemes come in various forms, all of which aim to provide staff with savings on a range of purchases, from everyday shops to big-ticket items and the latest technology. There are three main types of scheme, which might fall under different ...
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AnalysisHow can employers tailor benefits to suit ‘unretired’ employees?
Need to know:As increasing numbers of 'unretired' employees return to work, flexibility is an important factor in order to remove potential barriers from day one.Financial wellbeing may be a concern for many re-entering the workforce, while employers should consider the specific health issues facing older people.Having a tailorable benefits package ...
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AnalysisBuyer’s guide to health cash plans
What are health cash plans?The origins of health cash plans can be traced back to the 19th century when they were originally provided by charitable or non-profit organisations. As a support system that pre-dates the creation of the NHS in 1948, cash plans helped employees pay for their various healthcare ...
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AnalysisHow can voluntary benefits support organisational culture during a time of dramatic change?
Need to know:Voluntary benefits can help to support an organisation's purpose: by placing a focus on environmentally-friendly schemes, such as electric car schemes or bikes for work for example, employees can share the employers goals.Access to affordable health and wellbeing benefits, such as health cash plans, will help reiterate that ...
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AnalysisHow has the Covid-19 pandemic affected staff travel schemes?
Need to know:Employers have adapted their employee travel schemes to meet the challenges posed by the Covid-19 pandemic.With many workforces adopting a remote-working pattern, employers must rethink how to best offer travel initiatives that are suited to their employees.Cycling to work is predicted to rise in popularity as an alternative ...
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AnalysisWhat are the latest trends in voluntary benefits?
Need to know:Bikes-for-work schemes and buying equipment for the home office have seen a surge in popularity.Communicating what voluntary benefits are on offer will help to engage employees, particularly if budget restrictions are limiting new benefit offerings. Core voluntary benefits will predominately remain the same but how these are delivered ...
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AnalysisHow to build an attractive benefits package on a budget
Need to know:Although flexibility and choice are important, there are some low-cost, go-to starting points, such as employee assistance programmes (EAPs).It can be worth investing in slightly more expensive products or platforms, to derive the best value in the long run.Communication, packaging and position are just as important as having ...
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AnalysisHow are employers using voluntary benefits to support employees around the globe?
Need to know:In some markets, such as the UK, voluntary benefits are ubiquitous, while in others they are only just emerging as a resource for attracting and retaining talent.Health and wellbeing is a key area of focus across the globe, and voluntary schemes can be used to supplement local state ...
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AnalysisWhat are the latest trends in voluntary benefits?
Need to know:As the war for talent increases, voluntary benefits can provide a cost-effective method of creating a package to attract and retain staff.Everyday savings, such as on groceries, tend to be universally popular, but some employers are bringing in discounts on bigger items such as cars and real estate.Employers ...
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AnalysisSacrificing salary: Voluntary benefits in numbers
!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...What are the latest trends in voluntary benefits?PageGroup uses holistic platform to engage employees with voluntary benefits
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AnalysisHow to use short-term strategies to motivate job-hoppers
Need to know:Mentoring, training and development are crucial to retaining employees, and should be implemented early on to catch those who are less likely to remain long-term.Younger employees are often motivated to stay in a job longer if they are offered flexible hours and the option of working from home, ...
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AnalysisHow can voluntary benefits promote a healthy work-life balance?
Need to knowA healthy work-life balance among employees can impact engagement, productivity, wellbeing, and ultimately have an affect on an organisation's profits.Core voluntary benefits such as health insurance and childcare vouchers are a solid foundation for any benefits strategy.Organisations should be innovative and holistic, providing benefits that reflect their own ...
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AnalysisWhat are the most effective forms of communicating voluntary benefits?
Need to know:A communications strategy can help employees see the value of a voluntary benefits scheme, especially in a time when so many group-buying discount sites are available.A communications strategy must take into account different working environments and how different employee groups access information.Digital communications, such as apps and text ...
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AnalysisFive top tips to maximise voluntary benefits take-up
Need to know:Offer deals that deliver valued savings to employees, and which are not available at a better rate elsewhere.Create a year-round communications plan to promote benefits at the times when they are likely to be most relevant to staff.Provide a broad range of voluntary benefits to appeal to different ...
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Analysis
Voluntary benefits in numbers
A round-up of the latest facts and figures relating to voluntary benefits:!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogram.com/js/dist/embed-loader-min.js");
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Analysis
Infographic: What are the most popular voluntary benefits present on flex schemes?
An infographic identifying the most popular voluntary benefits present on flexible benefits schemes in 2015 and 2016. (Source: Aon Employee Benefits’ Benefits and trends survey 2016, published in February 2017, and Benefits and trends survey 2015, published in November 2015.)!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogram.com/js/dist/embed-loader-min.js");