Analysis – Page 6
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AnalysisHow can benefits technology create a more connected workforce?
Need to know:Tailoring and choice help employees get the most out of their benefits and feel truly valued, while organisations can use data analytics to provide the perks that will engage them effectively.Remote, on-site and field workers run the risk of disconnecting from the business, but technology helps bridge this ...
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AnalysisHow can employers put their core benefits in the spotlight?
Need to know:Core benefits can be costly to provide, but are an important aspect of promoting employee wellbeing and financial protection.Employers must demonstrate the relevance that these benefits hold for employees, and show how they can be used to their advantage.Targeted communication campaigns, delivered in ways that employees will appreciate, ...
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AnalysisHow to support employees through uncertainty and change
Need to know: Whether political instability, economic downturn or organisational change, employers need to ensure that they soften the negative effects of uncertainty on employees.Positive behaviours, such as financial stability and psychological resilience need to be embedded in advance to be fully effective.Clear, deliberate and open communications will help ensure ...
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AnalysisHow can leave initiatives support employee wellness?
Need to know:Alternative leave policies can help boost employee wellbeing by accommodating the external pressures and commitments that affect employees at work.Senior leaders and management are vital in ensuring the success of these types of policies.Employers should consult staff to see what leave initiatives would most benefit and support them.Organisations, ...
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AnalysisBig city benefits versus rural reward: How location impacts benefits strategy
Need to know: While there are universal hygiene factors, the employee experience can vary significantly in different locations.Taking into account commuting times, wellbeing stressors, pay levels and lifestyles, employers can create a truly engaging benefits strategy.Some perks are universally popular, but need to be tailored to local needs, or communicated ...
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AnalysisHow can employers use reward and benefits to address sustainability?
Need to know:Employers need a strategic and holistic approach when addressing sustainability; this should align with organisational values and corporate social responsibility.Intrinsic rewards can often be more motivational than extrinsic, as part of a recognition programme based around sustainability.Employees’ personal values and objectives should feed into the organisation’s overall approach ...
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AnalysisBeating the blues: Supporting employees with their mental wellbeing in January
Need to know:January can be problematic when it comes to mental wellbeing, but it can also be a positive time to introduce new initiatives.Open communication around mental health, in addition to signposting towards official services and benefits, can create a positive culture.Employers can use mindfulness, yoga, breakout spaces and other ...
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AnalysisTotal reward trends: What will shape benefits in 2019 and beyond?
Need to know:Flexible working continues to be a top trend for 2019, as work-life balance remains a key priority for employees.Technology can help create the consumer-based experience that employees increasingly expect from their interactions with benefits packages.Employers must take into account changing attitudes to career trajectories, and the presence of ...
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AnalysisHow to encourage active decision-making surrounding pension investments
Need to know: Employees can self-select their pension fund, rather than remaining invested in the default option; this can help staff better tailor investments to their personal circumstances.Financial education around available pension fund options can help employees make informed, active investment decisions.Communications should be clear, simple and feature a mix ...
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AnalysisHow can employers meet the needs of employees in the always-on economy?
Need to know:The potential for 24/7 availability can be a boon to both individuals and employers, but can also be detrimental when it comes to work-life balance and productivity.Enforced disconnection can help employees get a full break, but employers should not overlook the positive aspects of being able to connect ...
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AnalysisHow do different recognition strategies affect happiness and productivity?
Need to know:Recognition programmes tap into the human need for meaning, reducing the effects of stress and promoting positive, productive behaviours.Technology is invaluable, as it allows for an instant, easy and far-reaching strategy, but employers should be wary of relying on stickers and badges over the written word.Appreciation of behaviour, ...
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AnalysisEmployee satisfaction: does pay prevail?
Need to know:Money is an important foundation, but cultural changes have arguably created a world in which true engagement, happiness and satisfaction cannot be bought with pay alone.Employees not only expect a broader package of benefits, but will also look to an organisation's culture and impact on the world.Recognition, transparency, ...
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AnalysisFrom tactic to strategy: Creating a year-round approach to wellness
Need to know:A long-term, year-round wellness strategy can help employees make sustainable and positive behavioural changes.Both quantitative and qualitative data should be used to inform a wellness strategy in order to target the particular needs of the workforce.Embedding a wellness strategy into organisational culture and gaining senior support are vital ...
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AnalysisHow can preventative health measures support employee wellness?
Need to know:Before implementing a preventative wellness strategy, employers should uncover the specific health and wellbeing challenges faced by their workforce.Proactive wellness initiatives should consider both physical and mental health; on-site or subsidised yoga classes, for example, can be a good way to address both.Technology is vital in helping to ...
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AnalysisHow can behavioural psychology tailor workplace savings messages to staff?
Need to know:A behavioural psychology approach to workplace savings communications can help employees develop positive savings habits.The language used in communications should target different motivators to ensure that the underlying message resonates with as many employees as possible.Employees sharing personal experiences can help to motivate behaviour change, but employers must ...
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AnalysisHow can communications engage staff around emotional wellbeing supports?
Need to know:Internal campaigns that promote mental health awareness and use personal stories are a useful way to engage staff with their emotional wellbeing.Organisational culture and senior leaders acting as role models can further encourage important conversations in the workplace.Interactive apps, automated emails and data-driven communications are becoming more prominent ...
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AnalysisHow to make return-to-work programmes effective for employees with MSDs
Need to know:Employers should be focused on prevention and early intervention to minimise long-term sick leave due to musculoskeletal disorders.Having a clear plan, with the goal of returning at its core, alongside a foundation of strong communication, is integral.Organisations should consider whether their internal processes, such as those around sick ...
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AnalysisWhat are the latest trends and developments in financial education?
Need to know:Financial education is being increasingly influenced by machine learning, which predicts what education employees need based on previous choices.More employers are looking to support financial education programmes with regulated financial advice, although financial coaching could be a more affordable alternative.Digital communications and tools are being used to signpost ...
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AnalysisThe harmful effects of presenteeism on employee health
Need to know:Presenteeism not only affects engagement, productivity and retention, but can also have a long-lasting impact on employee health.Employees who are overworked and fatigued can develop health issues such as diabetes, are more likely to have accidents at work and are at greater risk of mental health issues.Employers should ...
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AnalysisHow can employers fully embrace flexible working practices?
Need to know:Flexibility in working practices is in high demand and accommodating this can influence an organisation's performance; but this takes careful planning to implement effectively.Leadership buy-in, role models and strong communication are all elements of laying the groundwork for flexible working practices, as is ensuring that internal systems are ...