All articles by Clare Bettelley
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Case StudiesScottish Power uses technology to keep employees’ retirement plans on track
Scottish Power’s UK pensions manager, Anne Harris, is keen to keep up with advances in pension technology to ensure that employees’ retirement plans are on track. She says: “Pensions are becoming more and more complicated, so employees are becoming switched off.“It’s vital that our stakeholder pension scheme members are saving ...
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ArticleWhat is the future for pensions technology?
Need to knowThe introduction of the pension freedoms intensified the need for online pension tools.New pensions technology will be more interactive, allowing employees to make immediate changes to their pension plan.The growth of defined contribution assets will help drive product innovation.Pensions technology was thrust into the limelight following the announcement ...
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Case StudiesMotability supports staff to make informed investment decisions
Motability has always been keen for staff to be fully engaged in, and informed enough about its contract-based defined contribution stakeholder pension plan, so that they can decide how best to invest their pension contributions.This is why the mobility support services charity has produced a comprehensive pensions communication strategy, which ...
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ArticleHow can employers support staff around pension investment decisions?
Need to know:The majority of employees are in their employer’s default pension fund.Many employers are nervous about providing financial guidance to staff.Sourcing investment fund information may be difficult.The majority (90%) of active defined contribution (DC) pension scheme members invest in their employer’s default pension fund, according to the Pensions and ...
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Case StudiesReed Business Information offers staff personalised health and wellbeing programmes
Reed Business Information (RBI) created a health and wellbeing programme in 2014 to help employees to create their own support systems that enable them to enjoy a positive workplace experience.Lawrence Mitchell, marketing director and programme lead, says: “We set up the programme to enhance the energy and the performance of ...
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ArticleIs there a place for personalisation in a benefits strategy?
Need to know:The definition of personalisation has changed and is now data driven.The personalisation of benefits helps to empower employees to perform at their best at work.Challenges to the increasing use of personalised benefits packages include many employers' desire for standardised benefits systems, particularly in large, multi-national organisations.The initial personalisation ...
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Case StudiesExemplar Health Care offers staff Christmas reward choice
Exemplar Health Care’s pay and benefits manager, Claire Stead, was keen to offer staff an exciting Christmas gift when she took over the management of benefits in January 2015.After a reward provider market appraisal, Stead appointed CottrillsReward because of the choice of rewards it offers and because of the ability ...
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AnalysisHow to create an effective Christmas incentive strategy
Need to know Employers must define what ‘effective’ means to their organisation.Employees’ differing cultural and religious beliefs must be identified and respected.A personalised approach can prove to be a win-win for employers and staff.Christmas may seem like a lifetime away, but now is the perfect time for employers to start ...
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Case StudiesThe benefits offered by Countrywide Group
PensionGroup stakeholder pension scheme for 5,000 managers.Auto-enrolment pension scheme provided by the National Employment Savings Trust (Nest) for the remaining 7,000 employees, with contribution levels at 1% for employer and 1% for staff.Healthcare and wellbeingLife assurance, employer-paid for all staff at four-times salary for management, and at two-times salary for ...
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Case StudiesCountrywide aligns benefits and reward to help boost growth
Countrywide Group, the UK’s largest property services group, began the task of building a reward function in September 2014, when it drafted in Neil Goodwin, head of reward.He joined on the brink of a group-wide overhaul at the FTSE 250-listed group, which until then had just an operational human resource ...
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ArticleHow to re-engage staff with retirement saving
Need to knowEmployers are under pressure to devise engaging pensions communication strategies.At retirement, guidance is lacking.Employees must take responsibility for keeping informed about their retirement options.Larger employers are in the midst of re-enrolling employees into their workplace pension scheme and working hard to devise and develop communication strategies that re-engage ...
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Case StudiesSnowflake Gelato uses voluntary benefits platform to retain staff
In 2015, Snowflake Gelato implemented a voluntary benefits platform, provided by Perkbox, to help to retain staff.The luxury ice-cream maker, which employs around 50 staff with an average age of 26, has seen its staff retention rate increase by approximately 50% over an eight-month period and the average tenure of ...
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AnalysisHow is the voluntary benefits market evolving?
Need to know:New market entrants have helped to rejuvenate the voluntary benefits market.DNA tests are one of the latest voluntary benefits on the market.Technology is driving innovation.The rebrand of Asperity Employee Benefits as Reward Gateway in 2013 gave the voluntary benefits market the kick-start it needed to review its workplace ...
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Case StudiesSamsung offers group risk benefits in line with corporate culture
Samsung offers its workforce group income protection (GIP) and life insurance in line with its paternalistic corporate culture.Jo Bean, head of reward, UK and Ireland at Samsung, says: “We’re quite a paternalistic [employer], so we’ve always offered [GIP] as a core benefit. I particularly like the fact that our [policy] ...
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ArticleHow can employers gauge a return on investment on group risk benefits?
Need to knowWhen calculating the return on investment on group risk benefits, organisations need to start with accurate employee data.The value-added products available through group risk products can deliver cost savings.Non-financial returns such as engagement are of increasing interest.Employee benefits professionals are under increasing pressure from their finance directors to ...
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ArticleBirds Eye and Siemens to share insights at Employee Benefits Live 2016
A key focus of Employee Benefits Live 2016 will be how organisations can use employee benefits strategically to support key business issues and objectives.Delegates will learn the invaluable art of managing packages in the face of economic uncertainty, as well as how to be creative with their total reward offering ...
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ArticleDiscover how to tackle pensions auto-re-enrolment at Employee Benefits Live
Employee Benefits Live 2016 will tackle pensions auto-re-enrolment issues as part of its Workplace Pensions conference stream.Graeme Wyllie, head of pensions, UK and Ireland at the Royal Bank of Scotland, and Jill Cunnison, head of reward at Capital One, will explain how they have overcome the challenges of communicating complex ...
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ArticleEmployee Benefits Live 2016 offers insight into the latest industry trends
Employee Benefits Live 2016 is gearing up to be the biggest networking event in the industry calendar.Europe’s largest dedicated employee reward and benefits event offers delegates unrivalled access to the market’s leading employee benefits professionals and suppliers, as well as an insight into all the latest industry trends.This year's show ...
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AnalysisThe Pensions Regulator should consider British Home Stores’ demise a wake up call
Need to knowThe Pension Protection Fund caps its compensation.Up to 600 UK pension schemes will never pay full benefits.A pension scheme must not adversely impact an employer’s sustainable growth.The Pensions Regulator (TPR) is under renewed pressure to support employers with large pension scheme deficits following the collapse of British Home ...
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P7: Employee Benefits Live 16 (version 1): Labour Party pensions adviser to address auto-enrolment challenges
Leading pensions adviser, David Blake, will address key workplace pension challenges at Employee Benefits Live 2016.Blake, professor of pension economics at Cass Business School, City University, director of the Pensions Institute and leader of the Labour Party’s Independent review of retirement income in 2014, will explore the lessons that employers ...