Analysis – Page 8
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AnalysisIs there a role for virtual GPs in a health and wellbeing strategy?
Need to know:Virtual GP services enable employees to access medical advice online, via an app or via a telephone service.Virtual GP services registered with the Care Quality Commission (CQC) are strictly moderated.Virtual GP services can help to reduce absenteeism and increase productivity.Over the past few years, virtual GP services have ...
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AnalysisWhat can employers do to address gender pay disparity?
Need to know:Gender pay refers to the comparison of the average total earnings of men versus the average total earnings of women who work at the same organisation. This differs from equal pay, which explores whether men and women are paid the same for comparative work.Practical policy changes, such as ...
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AnalysisShould employers do more to encourage take up of shared parental leave?
Need to know:An organisation’s culture can influence whether parents feel comfortable requesting shared parental leave.Enhancing shared parental pay above the statutory minimum can enable parents to align decisions around childcare and parental leave more to family needs rather than this automatically falling to the parent whose employer offers better-paid leave.Case ...
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AnalysisHow is technology evolving benefits communication strategies?
Need to know:Employers should not be afraid to embrace new technology in benefits communication strategies.Utilising employees' personal technology, such as smartphones, tablets and laptops, can help to reach and engage a broad audience.New technology should complement, not replace, traditional forms of communicationEmployers are faced with the ever-present challenge of identifying ...
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AnalysisIs there a need for better targeted pensions education for female employees?
Need to know:Research published by Aon in 2016 indicates that women have lower levels of financial confidence than men. This has a domino effect on how they then make decisions around saving for retirement.A pensions education programme that discusses retirement savings in relation to taking time away from work to ...
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AnalysisHow can employers construct a non-invasive approach to support employees’ financial priorities?
Need to know:Employers should consider personalising the delivery and content of financial education to enable employees to take control of their own learning either at home or in the workplace.Technology, such as platforms that provide individuals with a full financial overview or financial education via WhatsApp, can empower employees to ...
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AnalysisHow can technology support workplace mental wellbeing strategies?
Need to know:Technology provides a quick and easily accessible route for employees to access information about positive mental wellbeing.Although the mental health technology market is still relatively young, there are apps and platforms that employers can promote to staff to support their mental wellbeing.The workplace provides an ideal setting in ...
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AnalysisHow can share schemes be used as part of an employee engagement strategy?
Need to know:All-employee share schemes can help to boost productivity and employee engagement by demonstrating how individual and team performance can impact on an organisation’s share price and, therefore, the benefit that employees could receive.Employee share plans can be used as part of a global engagement strategy, although the type ...
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AnalysisCan flexible benefits technology improve employees’ engagement with their benefits?
Need to know:Technology is helping organisations to engage employees with flexible benefits.Easier access, more effective communication and better reporting means employees are more likely to engage with schemes.The use of mobile devices has helped to encourage staff to access systems while at home or on the move.Any employer investing significant ...
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AnalysisInfographic: When respondents last overhauled their benefits portal
An infographic showing when respondents last overhauled their benefits portal to take advantage of new developments in technology.!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");
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AnalysisHow important is a benefits brand in order to increase awareness and take-up?
Need to know:Personalised content can highly engage employees with benefits communication.Different organisations will find different forms of communication effective.Branding consistency across all communications creates trust and familiarity.Benefits packages are evolving in line with what employees want and expect from their employers, and so reward and benefits professionals face the challenge ...
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AnalysisHow can employers create greater employee engagement with pensions?
Need to knowRather than focus on pensions, employers can teach concepts such as regular savings and stock market investment as part of broader financial education.An audience can be segmented by factors such as age, life stage, bonus and size of pension fund to make communications personal.Employers should ditch the jargon ...
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AnalysisBenefits technology in numbers
Facts and figures relating to benefits technology.!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","https://e.infogram.com/js/dist/embed-loader-min.js");
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AnalysisHow will blockchain technology impact employee benefits?
Need to knowBlockchain technology allows transactions to be exchanged securely and transparently within peer-to-peer networks, and can automate a range of processes.It could streamline areas such as recording education, skills and performance, cross-border payments, VAT administration, payroll, pensions, and private medical insurance.However, it is still in its infancy within HR ...
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AnalysisInfographic: What respondents look for in benefits technology
Two infographics exploring some of the main factors respondents look for in benefits technology, and how they source benefits technology.!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","https://e.infogram.com/js/dist/embed-loader-min.js");!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","https://e.infogram.com/js/dist/embed-loader-min.js");
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AnalysisHow to measure a return on investment (ROI) on benefits technology
Need to knowThe cost of benefits technology can vary considerably, from a set-up price of £15,000 to £100,000 per organisation for a flexible benefits scheme, depending on the complexity and scale.When it comes to measuring return on investment, research by Personal Group estimates that an organisation with 1,000 employees can ...
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AnalysisInfographic: How do employers measure engagement with online or flexible benefits portals?
An infographic exploring how employers measure employee engagement with their online or flexible benefits portal.!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","https://e.infogram.com/js/dist/embed-loader-min.js");
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AnalysisHow can data from benefits technology be used to inform a reward strategy?
Need to knowEffective analysis of benefits data can help ensure packages are meeting the needs of employees.This can help businesses benchmark themselves against peers or competitors.Data can be used to tweak reward strategy in line with specific organisational priorities.The old phrase ‘knowledge is power’ was not designed for employee benefits ...
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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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AnalysisKey health and wellbeing messages to support staff in the run-up to Christmas
Need to know:Christmas can be a busy time for employees, so it is important for employers to acknowledge the mental, physical and financial pressures staff may be dealing with.A financial education and wellbeing programme delivered in the months leading up to Christmas may help to relieve financial stress and can ...