Analysis – Page 7
-
AnalysisHow to motivate employees with effective gamification strategies
Need to know:Gamification is more than just badges and leaderboards; it in fact helps to systematise, unify and measure long-standing motivation techniques.Effective gamification involves in-depth strategy, careful testing, and judicious application.To truly make the most of a codified system of goals and achievements, employers should embrace the advantages technology can ...
-
AnalysisHow the changing face of technology is shaping healthcare benefits
Need to know:Technology is transforming the methods of monitoring and managing health, both physical and mental.Developments benefit both employer and employee, by saving time, getting quicker diagnoses and promoting healthier lifestyles.Mental health support can be integrated, anonymised and normalised using apps and technology.Following the explosion of smartphones and, more recently, ...
-
AnalysisHow can benefits technology promote a more inclusive workplace?
Need to know:Benefits technology should be fully accessible to every employee, no matter their personal situation, in order to promote an inclusive working environment.Technology allows for greater inclusion by reaching a wide range of ages, demographics and remote staff, including those with disabilities who may find standard communication tools difficult ...
-
AnalysisThe role of benefits technology in enhancing the digital employee experience
Need to know:The digital employee experience relates to everything the employee goes through during their hire to retire journey, and technology is an important piece of this puzzle.Benefits technology that mirrors employees’ experiences as consumers is particularly effective, as the processes are already familiar and valued by them.Employers can use ...
-
AnalysisEmployee engagement: technology versus face-to-face
Need to know:Employers need to provide a combination of technology and more traditional methods to motivate and engage staff.Technology's strengths are its reach and speed, but data needs to be used effectively in order to personalise communications.Employees still need face-to-face interactions when it comes to team-building and dealing with serious ...
-
AnalysisHow artificial intelligence is influencing the world of employee benefits
Need to know:Artificial intelligence (AI) is already transforming the speed with which financial advice is delivered in the workplace, tailoring messages to employees, as well as helping them to make healthier lifestyle choices.In the near future, AI is expected to continue personalising information to increase employee engagement with benefits, leading ...
-
AnalysisTop tips for employers that want to improve pay transparency
Need to know:Increased transparency can boost engagement, retention and trust, among other things, meaning that it is well worth tackling ingrained traditions of secrecy surrounding compensation.Employers should find a degree of transparency that suits their organisation and workforce, and should use open communication to ensure it is rolled out smoothly.Pay ...
-
AnalysisWhat support can employers give in the decumulation pension phase?
Need to know:Employers should talk early and openly with employees on the subject of retirement, so they can benefit from long-term support systems.Technology can provide financial support and education to the majority of employees, while those with assets may need signposting to an independent financial adviser.Nudges should be engaging rather ...
-
AnalysisHow can employers respond proactively to the #MeToo movement?
The conversation continues at Employee Benefits Live 2018...Need to know:Despite the publicity of the #MeToo movement, problems with sexual harassment in the workplace remain widespread.Getting the basics in place, such as a policy all staff are familiar with, is the first step in addressing the issue.There are also wider cultural ...
-
AnalysisCan over-communication damage employee engagement?
Need to know:Overloading employees with information can cause them to disengage, but the answer is not necessarily to decrease the organisation's level of communication.Avoiding over-reliance on emails, implementing a multi-channel approach, and segmenting and targeting messages are all ways to avoid over-communication.Employers should find a way to cut through the ...
-
AnalysisTop tips for communicating to a non-office-based workforce
Need to know:Employers should involve all employees in communications, and consider smartphone apps if certain sites have limited access to email.An effective communications strategy should be simple, coherent and focused on key messages.Organisations should aim to use a variety of channels, such as video, which can communicate a lot of ...
-
AnalysisHow can a benefits strategy foster and celebrate cultural diversity?
Need to know:Diversity of experience, opinion and background can have a significant effect on profitability, and diverse organisations are more likely to foster employee engagement.Mentoring and sponsorship can help to ensure that individuals are able to progress, despite potential barriers due to ethnicity.Open communication, among employees and between staff and ...
-
AnalysisTop tips for reducing employee absence
Need to know:A health and wellbeing strategy that has a focus on presenteeism can help reduce employee absence.Data can be used to spot absence trends, allowing employers to better tailor interventions to their workforce.An advice line and training which is specifically for managers can help them better support employees who ...
-
AnalysisWhat do flexible benefit schemes look like in the modern workplace?
Need to know:Flexible benefit schemes are becoming more popular as employees come to expect more individuality, and employers focus on retaining them.Advancements in technology allow for more variety in terms of both the communication of benefits, and employees' means of accessing them.Organisations can offer a wide range of benefits, but ...
-
AnalysisThe role of ESG funds in pension investment strategies
Need to know:ESG funds, which are different from ethical funds, consider the environmental, social and governance impacts of the organisation being invested in.Employers should use positive case studies to demonstrate to employees how their pension investment is affecting wider environmental, social and governance factors and projects.An organisation’s default investment fund ...
-
AnalysisHarnessing employee insights to improve engagement strategy
Need to know:Annual surveys are a popular choice for gathering employee insights, when used effectively and alongside other methods.Online forums, social media and digital platforms can provide easy, anonymous methods, but face-to-face conversation is still important.Empowering local managers to enact change is an important aspect of effective follow-up after canvassing ...
-
AnalysisFinding ways to engage employees in the modern age
Need to know:Employees are becoming less likely to see their employer as a trusted source of information, which can impact meaningful engagement.Regular meetings, using technology to the employer's advantage, can be integral in maintaining a collaborative culture, even with the growing number of home-workers.Taking the time to analyse an organisation's ...
-
AnalysisBest practices for measuring employee engagement
Need to know:Traditional annual surveys are still an effective way of measuring employee engagement, especially when used alongside other methods.Frequent pulse surveys and the use of digital platforms and social media can create a continuous listening strategy.External benchmarking, used carefully, can help an organisation understand its scores, while internal benchmarking ...
-
AnalysisHow technology is shaping the future of employee reward
Need to know:The delivery of benefits is becoming more mobile-optimised, with new technologies such as machine learning, artificial intelligence (AI) and blockchain waiting in the wings.Data and data analytics is playing an increasingly important part in the personalisation of reward.Communication, security and transparency remain key, especially amid concern and publicity ...
-
AnalysisHow to structure a competitive reward strategy for different employee profiles
Need to know:A reward strategy encompassing different employee profiles should be based on a set of core principles that can be tailored to suit varying employees’ wants and needs in terms of benefits.Employers can collect employees’ opinions on what benefits are most valued using employee surveys and face-to-face focus groups.Employers ...