All Benefits technology articles – Page 65
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OpinionNicholas Stretch: Preparing for new reporting obligations on engagement and pay
This year sees the implementation of several corporate governance developments which reward managers, among others, need to get to grips with. Although newspaper headlines continue to focus on executive pay levels, a number of other reward-related changes, which have received far less publicity, need to be considered.For 2019 onward, so ...
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Case StudiesSiemens changes pension structure ahead of 2019’s auto-enrolment increases
Ahead of the auto-enrolment minimum contribution changes in April 2019, global technology organisation Siemens amended its defined contribution (DC) structure with a view to creating behavioural change.Siemens, which employs 15,000 staff in the UK overall, 11,000 of whom are enrolled in the pension scheme, now offers enhanced matching contributions based ...
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AnalysisAddressing increases to auto-enrolment contributions to maximise financial wellbeing
Need to know:As auto-enrolment minimum contributions increase in April 2019, some employees may opt out of their pension in order to address present financial concerns.A communications approach that puts the changes into monetary values, and considers finance holistically, can bolster employee understanding.Using a salary sacrifice pension arrangement can mitigate rising ...
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ArticleActivision Blizzard incentivises staff to share reproductive health data
Something for the weekend: Video game organisation Activision Blizzard is paying female employees $1 a day to track their reproductive health via an app, with the US-based organisation receiving anonymised and aggregated data on employees’ fertility.According to The Washington Post, Activision Blizzard has partnered with family planning and wellness app ...
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ArticleMore than nine in 10 leaders believe they need to use benefits better to retain staff
The majority (94%) of employers believe that their organisation needs to better use benefits as a strategic lever to improve employee retention, according to research by Capita Employee Benefits.The digital opportunity: Re-imagining the employee experience in benefits, a report which surveyed 200 HR and benefits professionals, 500 business leaders, including ...
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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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Case StudiesAuth0 uses technology to build relationship culture among remote staff
Authentication and authorisation platform Auth0 is a rapidly growing organisation. In 2018 alone, it went from approximately 200 members of staff to around 430, and by the end of 2019 there are plans to increase this number to 600.Auth0 has five offices, situated in Buenos Aires, London, Washington, Tokyo and ...
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OpinionJenn Sutherland-Miller: Staying connected is vital for remote organisations
At Tortuga, 'on your terms' is not just a snappy, feel-good corporate slogan, it is a way of life. With a team of 10 fully remote employees across three countries, two continents, and four time-zones, staying connected is both challenging and vital. Tortuga’s culture is one of trust and outcome-based ...
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OpinionBrad O’Neil: Use the right communication technology to connect remote staff
The rapid growth of remote working is a mark of the changing world of the current century; this is a trend that cannot be ignored by employers.Organisations are evolving to offer employees the benefits of working remotely, but are often left with concerns about how to keep these individuals engaged ...
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Case StudiesEvoluted uses a local accountancy firm to keep abreast of pensions change
Sheffield-based digital marketing organisation Evoluted specialises in bespoke web development and digital design. It was founded in 2006 and currently employs 27 staff.The organisation originally implemented a group stakeholder pension scheme for employees, but with the introduction of auto-enrolment in October 2012 came a slew of challenges revolving around communication ...
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OpinionLesley Alexander: The pensions employee experience
At The Pensions and Lifetime Savings Association’s (PLSA) conference this year, the key theme centred on engaging employees with their workplace pensions.Outside of the interested few, this can undoubtedly be an uphill struggle. However, if we do not address the under-saving culture in the UK, we will be faced with ...
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ArticleGovernment approves phased implementation of pensions dashboard
The government has approved a phased introduction of the pensions dashboard, advising that pension schemes need to start preparing now in order to hit a three to four year delivery timeline.Yesterday (Thursday 4 April 2019), the government published its response to the Pensions dashboards: Working together for the consumer consultation, ...
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ArticleFCC Environment staff have awarded recognition 1,300 times since October 2018
UK-based waste and resource management organisation FCC Environment (FCC) has seen its employees award 1,300 instances of social recognition since October 2018 via its online recognition programme.FCC, which employees 2,400 staff across 200 sites, launched its online recognition portal in October 2018 to help improve engagement and align with its ...
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Case StudiesUK Power Networks clearly communicates salary sacrifice rules to employees
When it comes to salary sacrifice, electricity distribution organisation UK Power Networks has traditionally been risk averse from a tax perspective, according to Steve Remnant, head of reward and HR services. This means that the government’s moves to limit salary-based benefits have had limited day-to-day impact.“I think that, overall, employers ...
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OpinionJo Moffatt: Benefits packages need engaging communications to be a success
Spending time and money setting up a great benefits package, designed with the needs of an employee audience in mind, is just the beginning. Fail to communicate it properly, and employers might as well not have bothered.Poor communications mean wasted money, wasted time, and not to mention a singularly wasted ...
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ArticleEXCLUSIVE: Arup launches digital financial wellbeing tool for 5,700 UK staff
EXCLUSIVE: Multinational engineering and design organisation Arup has launched a digital financial wellness tool for its 5,700 UK employees.The online tool, which was launched on 22 March 2019, will be provided to UK-based staff, who are spread across 16 offices, for one year. Following this period, Arup plans to assess ...
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ArticleEXCLUSIVE: The Gym Group sees employees save £100,000 through retail discounts platform
EXCLUSIVE: Employees at no-contract gym provider The Gym Group have saved £100,000 since April 2016 by using the organisation’s retail discounts platform.The Gym Group, which has 700 employees, introduced the platform in April 2016 as part of a three-year deal with employee experience organisation Perkbox.Providing access to retail discounts, offers ...
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Case StudiesWelcome Break uses multiple channels to inform employees of core benefits
With a workforce of 5,500 employees spread across 29 locations and 350 different business units, Welcome Break has to use various communication methods to keep staff up-to-date with benefits information.The motorway services operator has an offline workforce of around 85% to 90%, and cannot rely on emails alone. Nicola Marshall, ...
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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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OpinionSuzanne Peck: Understanding benefits can build engagement and productivity
Employees who are aware of the benefits on offer to them are more likely to be advocates for their employer, as well as being more engaged and more productive, staying with the business for longer, as well as taking less time off.Whether a pension scheme, paid leave for bereavement or ...