All Benefits technology articles – Page 20
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Supplier articleDo employees really need to be concerned about the Lifetime Allowance right now?
In November’s Autumn Statement, despite speculation, no further news was delivered in regard to the Lifetime Allowance (LTA) or Annual Allowance suggesting that they will continue to remain frozen for three more years.As of December 2022, the UK Inflation rate stood at 10.5% and the Lifetime Allowance of £1.073m has ...
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Supplier articleWhy should you support your employees’ money management?
As an employer, there are many benefits you are legally required to provide so that the overall wellbeing of your employees is cared for. But there is also room for some non-legal requirements, known as perks, that can aid the everyday life of your team.Good perks can have positive trickle-down ...
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AnalysisHow is the cost-of-living crisis affecting what employees want from their benefits packages?
The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term.Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.Employers should focus on practices that are sustainable and work for ...
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ArticleNatWest acquires majority shareholding in savings fintech Cushon
Credit: William Barton / Shutterstock.comBanking organisation NatWest Group has acquired 85% shareholding in workplace savings and pensions fintech Cushon, with the remaining 15% retained by Cushon management.NatWest made the move in order to offer commercial customers and their employees a suite of financial wellbeing products. It follows similar acquisitions by ...
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Supplier articleCost of living: more employee wellbeing benefits revealed
As living costs continue to soar, the company behind one of the UKs most comprehensive B2B employee benefits solutions has expanded the financial, health and wellbeing support, services, resources and benefits, available on its customisable employee benefits app.HIVE360 has given its Engage app a major boost with a range of ...
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Supplier articleNURTURE TALENT & SUPPORT APPRENTICES DURING THE COST-OF-LIVING CRISIS
The 5th to 12th of February is National Apprenticeships Week, and opportunity for employers, schools, and colleges to come together and engage with attendees seeking an apprenticeship. Apprenticeships have been part of the UK since Medieval times, and back then, they tended to start from the age ...
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ArticleSolihull Council signs pregnancy loss pledge
Solihull Council has signed the Miscarriage Association’s pregnancy loss pledge in order to improve its support for affected council staff.By signing, the council pledged its commitment to the standard set by the association. This includes encouraging a supportive work environment where staff feel able to discuss and disclose pregnancy and ...
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ArticleBelfry Hotel and Resort launches staff mental health support
Warwickshire-based Belfry Hotel and Resort has introduced fully-funded, unlimited mental health counselling and support for its more than 800 employees as of this month.Launched in collaboration with The Burnt Chef Project and Thrive Mental Wellbeing, Belfry employees can access resources to help with the prevention, early detection and self-management of ...
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Article20% of DC pension members opting out or reducing savings
One in five defined contribution (DC) pension schemes reported an increase in requests to reduce or opt out of pension savings over the past three months, according to research by Aon.The data came from the professional services firm’s first edition of DC Today, a pulse survey tracking UK DC schemes, ...
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ArticleRyanair launches employee experience platform
Airline group Ryanair has introduced an employee experience platform to help boost collaboration and engagement for its 19,000 members of staff across Europe.Provided by Workvivo, the Ryanair employees working at airports, on aircraft or behind the scenes will be able to use the platform as their central portal, and their ...
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Supplier articleHow to set your HR priorities and build your business case in a challenging economy
[Webinar] Mastering your long-term strategic priorities for your workforce and getting executive level buy-in is a challenging task. Not to mention when doing so in a constantly evolving and uncertain economic climate.In our upcoming webinar, our Chief People Officer, Nebel Crowhurst will guide you through best practices in setting short, ...
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Supplier articleOutdated workplace benefits and what to replace them with
The core purpose of a workplace benefits package is to attract the best new talent and retain your existing employees by keeping them motivated and satisfied in their current roles.In order to do so, you need to ensure that your offerings are catering to the changing wants and needs of ...
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ArticleEXCLUSIVE: First hybrid working category launches at Employee Benefits Awards 2023
EXCLUSIVE: Employers which have offered effective benefits packages to support employees with hybrid working are, for the first time, in with a chance of winning an accolade at the Employee Benefits Awards 2023.For this newly launched category, the judges will look for entries that present innovative communication and motivation channels, ...
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ArticleConfessions of a benefits manager: Candid helps with data audit
Data is misery. You would think with a central HR system like Choreday, we would have all the HR data we need. Well, think again. For some of our locations, the HR system is connected via payroll so naturally the salary and allowance data is correct; if not, people would ...
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Article27% find the workplace best to discuss mental health
More than one in four (27%) full-time employees find the workplace to be the best space in which to discuss mental health, according to research carried out for Time to Talk Day (Thursday 2 February).This was higher than talking about it at local cafes (21%), the pub or gym (17%) ...
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Supplier articleReward Gateway partners with IAG Loyalty for even more employee reward travel redemption choices
Reward Gateway has strengthened its list of unique reward redemption choices, through its new partnership with IAG Loyalty. This means that for the first time ever, employees who receive reward points or currency on their Reward Gateway platform will be able to convert their balance to Avios through the British ...
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Supplier articleThe 3 biggest challenges for workplaces in 2023
Another year, another myriad of challenges and pressure points facing organisations all over the UK. No matter the industry or size of the business, it looks like everyone is struggling to stay afloat, balance the books and thrive in a saturated marketplace. And where does it all stem from? Pick ...
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Supplier articleUncover the 2023 trends to help HR leaders navigate change
[Video on demand] The past few years have tested HR leaders in unprecedented ways; from adjusting to remote working to the onslaught of mass resignations. It’s no question that it has been a struggle for many as HR leaders have adapted. And yet, as we head into another year of ...
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Supplier articleHow much should you be spending on employee benefits?
Naturally, your company’s budget for employee benefits will depend on a number of things like the industry you’re in, the number of employees you have, the available budget and the value that you put on perks.But there are a few key things to consider when you’re putting together the initial ...
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Supplier articleCreate a positive work culture to retain and motivate your call centre team
Call centres have a notoriously high annual employee turnover rate of 20%, compared with the UK average of 15% [1]. Call centre employees can feel like the role is emotionally demanding, stressful and that there is no clear career path. High employee turnover can have serious ?nancial rami?cations and cause ...