All articles by Clare Bettelley – Page 14
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ArticleMotivation report 2013
Read the digital version of the Motivation 2013 supplement.The report includes the following articles:The motivational impact of sports and social clubsMcDonald’s Restaurants built on motivationEli Lilly links voluntary benefits and recognitionMotivational sporting events to follow in 2014How to run a global recognition schemeHow to run legally-compliant long-service award schemesRead the ...
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AnalysisHow consumer attitudes are affecting benefits strategies
If you read nothing else, read this…Employers are interested in applying consumer marketing techniques to their organisation. Consumer marketing involves tracking and analysing consumer behaviour, attitudes and preferences, and using this data to shape marketing strategies and advertising campaigns.There are dangers involved if employee data is misused.But Target’s sophisticated marketing ...
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Case StudiesOne Housing Group offers staff accommodating benefits deal
About 40 employees took part in a three-day strike in June in response to the social housing organisation’s plans to slash pay for around 200 care staff by an average of £2,000 a year, from next February. The strike followed 22 months of consultation.The pay-cut announcement was a hard pill ...
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Article
Clare Bettelley: Employers must be realistic about flex needs
Organisations can, for example, offer their workforce as many benefits as they like, from the basics, including a pension scheme, holiday, life insurance, childcare vouchers, bikes-for-work schemes and dental and travel insurance, as well as new-style benefits, such as mobile phones and iPads.Multiple enrolment windows are also a consideration, to ...
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AnalysisHow to refresh a flexible benefits scheme
If you read nothing else, read this …The annual enrolment date can be a good trigger for employers to review and refresh their flex offering.A scheme refresh can also be timed for relevant times of the year.Changing benefits structures or providers can be a challenge.Manesh Patel, senior flex consultant at ...
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Analysis
Five key criteria to ask a flexible benefits provider
If you read nothing else, read this…Employers should ascertain whether a provider works alone or is supported by a third party to deliver the scheme.The provision of eight to 10 employee benefits is advisable in the first year of a scheme.Workplace benefits days can help employees to understand the perks ...
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AnalysisIs it feasible to globalise a flexible benefits scheme?
If you read nothing else, read this…A growing number of employers are interesting in globalising their flexible benefits schemes.Employers should start by identifying their objective in doing so.Challenges include the different tax and legal systems across the globe.The desire to streamline a flexible benefits offering is also a common motivator ...
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Article22% of employers to continue running DB pension
More than one-fifth (22%) of respondents that offer a defined benefit [DB] pension plan will continue to offer it as a fully-functional scheme in the next two years, according to Employee Benefits/Capita Pensions Research 2013.But 15% of respondents with a DB scheme plan to review their plan’s future and 8% ...
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AnalysisHow to devise a Christmas incentives strategy
If you read nothing else, read this…Employers are becoming more comfortable about investing in Christmas incentive programmes.Many organisations have had to delay their plans because of unfinished workloads from the first half of the year.Retail vouchers, particularly for supermarkets, remain the most popular Christmas incentive.Reasons include a lack of resources, ...
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Case Studies
JP Morgan revamps flex to suit staff
Adam Brooke, employee benefits manager (UK), says: “We need to keep in mind that our employees have everyday access to computers, so that’s going to be the main channel used to engage them. But whether an employee is at work or even at home, they need to be able to ...
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AnalysisThe impact of social trends on flexible benefits plans
If you read nothing else, read this…Technological advances have driven a need for flexible benefits to be accessible by employees at any time and anywhere.Wealth management is a growing feature of flexible benefits plans because of the economic downturn and ageing workforces.Employers must be mindful of emerging socio-economic trends.Three key ...
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ArticleEmployers fail to survey pension communication preferences
Just three out of 10 respondents to the Employee Benefits/Capita Pensions Research 2013 ask their staff how they would like to be communicated with.The research, conducted among 370 HR and benefits managers, found that 66% do not ask their employees about their preferred method of communication.Respondents that ask staff about ...
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Article
Flexible Benefits report 2013
Read digital version: Flexible Benefits 2013 report.It includes the following articles:Martha How: What’s next for UK flex?Clare Bettelley: Employers must be realistic about their flex needsFacts and figures on flexible benefits schemesThe impact of social trends on flexible benefits plansShould flexible communications be tailored to different generations?Severn Trent rejuvenates flexible ...
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ArticleAuto-enrolled employers contribute less
Respondents to Employee Benefits/Capita Pensions Research 2013 that have auto-enrolled staff into a workplace pension are more likely to pay in a 1% employer contribution than those still to go through auto-enrolment.According to the research, conducted among 370 HR and benefits managers, 21% of those that have auto-enrolled staff are ...
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AnalysisHow employers can link benefits strategy to employees' needs
If you read nothing else, read this…Most employers do not ask their employees about their benefits needs.Employees often do not understand their own needs.Social media is a powerful tool with which to identify employees’ needs. Nick Throp, co-founder of Like Minds, says: “Employers tend to look at indicators like benefits ...
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Case Studies
RSA involves staff in benefits to boost take up
Ed Airey, UK reward manager, says the journey reflects the organisation’s progression from providing a benefits package that is just there for staff to find, and if they find it, then they use it, to one that better understands what employees want.“Also, it is understanding better some of our different ...
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Analysis
How popular are pension scheme guarantees?
If you read nothing else, read this…The government is seeking a pensions landscape that shares investment and outcome risk between employers and employees.Pension scheme guarantees are one proposed remedy.Critics are wary about reintroducing guarantees.But now the pensions industry consensus is that the pendulum has swung too far, and that employees ...
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Analysis
Quirky schemes to help employees save
If you read nothing else, read this…Employers are creating more innovative savings schemes for staff.Existing funds help employees to save for their first home, holidays and school fees.Successful take-up relies on a robust financial education programme.Life has never been more challenging for Generation Y. UK unemployment may have fallen by ...
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ArticleEmployers want to influence staff to save more in pensions
More than two-thirds (69%) of respondents try to use their pensions communications to persuade staff to take greater control of their pension planning, according to Employee Benefits research.The Employee Benefits/Capita Pensions research 2013, which surveyed 370 HR and benefits professionals, also found that 25% simply communicate their pension scheme because ...
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ArticleEmployers use pension provider to communicate
In the Employee Benefits/Capita Pensions Research 2013, 78% of respondents said they rely on their pension provider to communicate their pension scheme to employees with an annual, paper-based statement sent by post.The research, which was conducted among 370 HR and benefits managers, found that interactive communication is the second most ...