All Benefits technology articles – Page 9
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Supplier articleIntuit
Introduction:Intuit’s goal is simple, to improve wellbeing for the diverse Intuit employee population and to deliver an integrated financial wellbeing communication strategy that draws on different themes each month, and always ties back to financial education. The strategy has resulted in outstanding outcomes, and is recognized as the winner of ...
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OpinionAnna Schiavetta: Supporting menopause in the workplace
There remains a considerable lack of awareness or understanding of menopause. With menopausal women constituting the fastest-growing demographic in today’s workforce, it is fundamental for employers to be aware of the ways they can support their employees who are going through the menopause. There are crucial considerations for employers and ...
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Supplier articleFinancial tips for your LGBTQ+ community
The personal finance benefits to married LGBTQ couples have expanded by leaps and bounds in the last decade since same-sex marriage was legalized. Yet, gaps in financial education and familial wealth still exist when LGBTQ couples are compared to their non-LGBTQ counterparts.These may include challenges when it comes to saving, ...
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Supplier articleGlobal benefit edu-action webinar write up
We invited global leaders in rewards, wellbeing, and financial wellness to discuss and share insight on the most efficient and effective ways to, ‘Drive awareness, understanding and action on benefits through education’. Tim Perkins, nudge co-founder and CEO was joined by esteemed HR leaders, Luke DeBoer, Financial ...
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ArticlePWC introduces neurodiversity training programme
Professional services firm PricewaterhouseCoopers (PWC) has rolled out a neurodiversity interactive learning programme to all of its 32,640 UK employees.Titled Great Minds (don’t think alike), the programme explores the topic of neurodiversity and includes bite-sized resources, as well as stories and experiences from PWC employees. It has been designed to ...
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ArticleJackie Buttery: What is the biggest lesson you have learnt this year?
In 2023, it really has felt like the pandemic is finally over and, in my organisation, like in many others, there has been a gradual shift back to more office-based working, which has brought with it many benefits.As much as I have liked having more scope to work from home, ...
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Supplier article8 reasons why education motivates benefit utilization
Benefit education plays a crucial role in improving the utilization of benefits, whether those benefits are related to finances, healthcare, social programs or otherwise, there are several reasons why education is instrumental in motivating global benefit utilization. The truth is benefits uptake is an ongoing challenge for ...
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Supplier articleConnecting Meta’s financial futures with nudge.
Introduction: Meta LATAM, like many global organizations, noticed that their employees were experiencing increasing levels of financial anxiety. The team became aware of more requests for financial education guidance given that the external economic environment was increasingly turbulent. The challenge: Despite the extensive and diverse portfolio of ...
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Supplier articleThe UK Chancellor of the Exchequer, Jeremy Hunt, delivered the government’s Autumn Statement 2023 on 22 November.
Importance of understanding the implications for businesses and individuals Being informed about the UK budget helps people make informed financial decisions, adapt to changes in the economy, and proactively manage both personal finances in response to government policies and priorities. Overview of theme of the budget: avoid ...
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ArticleAutumn Statement: Government welcomes Value for Money framework update
The government has welcomed next steps towards implementing the Value for Money framework in the defined contribution (DC) pensions market.The Financial Conduct Authority (FCA) will launch a consultation next spring on the next steps of the new Value for Money framework and rules for contract-based DC schemes.As part of this, ...
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Article42% of employers plan to reduce flexibility for staff in 2024
Approximately two-fifths (42%) of employers plan to reduce flexibility or offer less of this to their employees in 2024, according to research by Barnett Waddingham.The independent consultancy, which surveyed 302 HR directors and C-suite professionals, found that this could see as many as 588,000 employers planning to offer reduced flexibility ...
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AnalysisDo total reward statements still engage employees with their benefits packages?
Credit: Julia Sudnitskaya / Shuuterstock.comA total reward statement provides an overview of an employment package and its value.Offering choice regarding how a total reward statement is delivered to an employee is key to ensuring effective engagement.A personalised benefits package can help to engage employees with their benefits because it is ...
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Case StudiesUK Power Networks uses total reward statements to boost engagement with benefits
UK Power Networks uses total reward statements (TRS) to inform and engage its 6,000 employees with its benefits package.The electricity distributor produces a TRS every year which it publishes both on its online reward platform and in the form of a booklet. Employees are given the choice of which format ...
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Article64% of HR professionals feel engagement has fallen or remained static in past year
Two-thirds (64%) of UK HR professionals feel employee engagement levels in their organisations have either remained static or worsened over the past 12 months, according to research by WorkBuzz.The employee engagement firm's State of employee engagement report 2023/24, which is based on insights from more than 400 UK HR professionals, ...
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Case StudiesBT boosts employees' pension knowledge with financial education programme
For the last 11 years, BT has rolled out a programme of financial education for its employees to help them plan for retirement. So far, it has been delivered to approximately 80,000 of its UK employees.Kerry Shiels, pension and benefits director at BT, says: “It is very important that employees ...
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AnalysisTop tips for boosting employees’ pensions knowledge
Need to know:Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge.Losing the jargon will make the language of pensions easier to understand and more relevant to staff.They could invest in financial coaching for a more personal approach to pensions education.Workplace pensions are ...
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OpinionElla Bond: The effects of a tribunal about dismissal regarding returning to office
In the legal case Follows v Nationwide Building Society, an employee was awarded almost £350,000 in compensation after successfully claiming unfair dismissal and indirect disability discrimination by association. The case serves as a stark reminder for employers to exercise caution when imposing mandates for employees to return to the office, ...
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ArticleStandard Chartered receives Great Place to Work accreditation
Credit: MOZCO Mateusz Szymanski / Shutterstock.comBanking organisation Standard Chartered has been accredited as a Great Place to Work organisation in the UK.Great Place to Work recognises employers which have created an outstanding employee experience. In order to decide who receives certification, the organisation gathers employee feedback using its data-driven methodology, ...
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ArticleDeutsche Bank completes £500 million pensions buy-in
Deutsche Bank has completed a £500 million buy-in for its UK pension scheme, its first to include deferred members.The transaction with Legal and General will secure the benefits of around 2,000 retirees and deferred members. Due to an existing umbrella contract with Legal and General, the buy-in was able to ...
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ArticleWHSmith commits to becoming fertility-friendly employer
Alex Stoneman Advertising Photography - www.alexstoneman.comWHSmith has committed to becoming a fertility-friendly employer by signing up for membership with Fertility Matters at Work.The retailer decided to gain the accreditation after several employees talked about their own fertility journeys and reached out to their line managers for support, as well as ...