All Benefits technology articles – Page 60
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AnalysisKeeping employees engaged through organisational change
Need to know:Whether positive progress or worrying uncertainty, change in business can impact employee engagement, retention and wellbeing.Employers should identify key metrics relevant to engagement to focus on and monitor throughout a period of change so as to understand the impact of uncertainty on staff.Consistent, two-way communication, with input from ...
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Case StudiesOpen Data Institute focuses on individual engagement through regular communication
At the Open Data Institute (ODI), engagement among its 50 employees is achieved via regular, all-company communications and meet-ups, and providing a sense of purpose at work.As a small employer, the ODI uses the nature of its work, which is to advocate for the use of open data to support ...
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AnalysisHow to quantify the value of additional pension contributions
Need to know:Part of engaging staff with pension contributions is aligning these with other savings vehicles, and showcasing the beneficial deal that is on offer.Breaking down monthly costs into pounds and pence can help contributions seem more manageable, as can bringing far-off goals forward with shorter-term achievements.Asking employees to give ...
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Case StudiesFord uses data to analyse the value of pension contributions across the globe
Image credit: r.classenInternational automotive manufacturer Ford spends approximately $1 billion (£772,195,000) per year on pensions for its employees, spanning 36 countries and more than 120 different schemes. In the UK alone, 10,000 members of staff are enrolled in either defined contribution (DC) or defined benefit (DB) arrangements.Quantifying the value of ...
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OpinionAlice Honeywill: The value of additional contributions in closing the gender pension gap
While we await government reforms on pension policy and wider industry change to tackle the gender pension gap, I find myself asking one question: what action can be taken right now?More specifically, what steps can employers be taking to make small, yet potentially effective, changes?The most widely discussed initiative is ...
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AnalysisHow to ensure employees share in business success
Need to know:Involving employees in the growth and success of a business not only affects the bottom line, but can build engagement and loyalty, forming the basis of a positive culture.Share schemes and employee ownership models are one method of aligning employees directly with business results.Recognition schemes can also encourage ...
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Case StudiesHays uses data to showcase return on benefits platform
Since recruitment organisation Hays updated its benefits strategy with the introduction of a flexible benefits platform in November 2018, it has used data to showcase the return on investment (ROI). Based on the needs and demands of its employees, as identified through its annual engagement survey, Hays focused on aligning ...
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OpinionStephen Perkins: Benefits management involves knowing employees' needs
A single cash award may seem the simplest method of reward, and one which allows employees to control what they do to benefit from their earnings, but benefits have become part of an expected package.How does an employer offer benefits that employees want and value, compared with cash? How can ...
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OpinionSimon Richardson: Employers must convey the value of benefits to staff
In these days of internet and telephone banking, most of us check our balance each day, perhaps even more just before payday. However, we do not check the value of our pension statement, which is especially important if we are in a defined contribution (DC) plan subject to the vagaries ...
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Case StudiesKarma uses regular communications to align benefits strategy with employee needs
Karma is a free app that connects people to restaurants and grocery stores with surplus food for sale. The organisation operates out of London, Stockholm, and Paris, with 75 employees based across the three locations.Like many high-growth businesses, Karma’s team is integral to its development and success. Employees not only ...
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ArticlePoll: Two-thirds use awareness days to prompt mental health discussions
Employee Benefits poll: Two-thirds (67%) of employers use awareness days to prompt mental health discussions. A poll of www.employeebenefits.co.uk readers, which received 30 responses, found that awareness days, such as Time to Talk, and Blue Monday aid 67% of respondents in prompting mental health discussions among their employees. Further findings ...
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ArticleTwo-fifths do not think their benefits package meets the needs of all generations
More than two-fifths (44%) of employers do not believe that their benefits packages meet the needs of all generations present within the workforce, according to research by Aon. The UK Benefits and trends survey 2020, which canvassed 200 participants across a range of sectors, found that 38% thought they met ...
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ArticleThree-fifths of employers plan to invest more in digital health products
More than three-fifths (62%) of UK employers are likely to invest more in digital health products over the next five years, according to research by Mercer Marsh Benefits. The February 2020 Health on demand report surveyed 1,000 UK employees and 100 UK businesses. It also found that 47% of employees ...
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Supplier article14 ways eCards help build an amazing culture of recognition
eCards are an easy way to build a culture of continuous recognition for your employees. By customising them to fit your culture and brand, you can use eCards to say a simple "thank you," recognise specific achievements like hitting a quarterly business target and so much more.Download the eBook "14 ...
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VideoVideo: Innovation generation: priorities for EMEA
Watch Thomsons Online Benefits’ video for how EMEA organisations are adopting new technology to attract and retain talent and enhance the employee experience. In the video, you’ll discover that 62% of organisations have an integrated ecosystem in place, allowing them to implement technology and apps more quickly. ...
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ArticleMcDonald's launches app to enhance education benefits for US staff
McDonald’s has launched a career exploration app to help US employees in 36,000 restaurants maximise the learning and education benefits available to themThe app, Archway to Careers, builds upon the organisation's existing Archways to Opportunity programme, which offers McDonald's staff the opportunity to learn English language skills, earn a high ...
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Supplier articleA look inside the evolution to modern employee rewards
The way we reward employees has evolved significantly in the last decade. Despite a rise in pay across the UK, the average worker in Britain still earns less than they did a decade ago after inflation, according to a recent study.The issue with pay means employers have had to find ...
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Case StudiesNorth of England P&I Association engages staff with options during pensions change
When the North of England P&I Association (Nepia) moved from one group personal pension (GPP) plan to another in 2018, following an internal restructure, employees were supported with information and education on how to transfer to the new scheme and consolidate any other pensions they might have from previous jobs.The ...
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AnalysisWhen does diversity and inclusion become exclusive?
Need to know:Alternative and flexible approaches to work often breed resentment among those who feel they are not available to them, as well as excluding users from progression.Networks and groups can create an important space for support and conversation, but risk ignoring intersectionality and cordoning off parts of an organisation.Public ...
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OpinionPip Hulbert: Mental health support needs a year-long focus
Mental health is rightly becoming a priority for every kind of business, yet conversations around the topic are still too often shrouded in stigma.That has got to stop. Talented people are the beating heart of business, and we want everyone to feel that it is okay to raise their hand ...