All articles by Debbie Lovewell-Tuck – Page 37
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ArticleDebbie Lovewell-Tuck: Should CEOs share bonuses with staff?
This month, about 19,400 of the retailer’s staff who have worked for the organisation for at least three years will receive a one-off bonus worth an average of 1.5% of salary after Wolfson announced his intention to share his £4 million payout from a share-matching plan with employees.This is not ...
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ArticleReward may never be the same again says Purnell of Tesco
The recession, consumer trends and workforce demographics are the three key factors that will impact reward and benefits in the coming years, according to Sarah Purnell (pictured), head of UK reward and benefits at Tesco.Speaking on ‘The outlook for reward and benefits as the economy improves’ at the Employee Benefits ...
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ArticleRecruitment and retention remains top reason for offering benefits
Benefits’ use as effective recruitment and retention tools remain the top reasons why employers offer benefits for the 10th consecutive year.In 2004, when the inaugural Benefits Research was published, two-thirds (66%) of respondents said benefits were an effective recruitment tool, while 64% said they helped to support staff retention.This year, ...
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ArticleSenior management attitudes to wellbeing beginning to change
EB Summit 2014: Convincing senior management of the business benefits of employee wellbeing is a key part of the business case for such initiatives.Employee Benefits polled delegates at the Employee Benefits Summit in Alicante, Spain, on 14 May to identify how senior management attitudes have changed in the past five ...
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Article
2% and 3% most common budgeted pay rises for 2014
EB Summit 2014: The recession and economic downturn had a major impact on organisations. But as the economy begins to improve, is this being felt yet within organisations’ business outlooks and reward strategies?Employee Benefits polled delegates at the Employee Benefits Summit in Alicante, Spain, on 14 May to identify how ...
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ArticleBenefits cost less than 20% of payroll
Most respondents spend 20% of payroll or less on benefits each year (including pension, but excluding pay and cash bonuses).More than three-quarters (88%) of respondents to The Benefits Research 2014, which surveyed 256 respondents in March 2014, said this was the case in their organisation.Despite widely varying economic conditions, this ...
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ArticleThe Benefits Research 2014
Read the digital edition of the Benefits research 2014.The supplement includes the following articles:Debbie Lovewell-Tuck: Engagement is driving benefits strategiesKey findingsEngagement continues to drive benefits strategiesRecruitment and retention remain employers’ top reason for offering benefitsHR systems most popular technology used to deliver benefitsBenefits cost less than 20% of payrollTwo-thirds plan ...
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ArticleKey findings of The Benefits Research 2014
Read more findings from The Benefits Research 2014
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ArticleDebbie Lovewell-Tuck: Engagement is driving benefits strategies
This covers issues such as the key trends shaping benefits strategies in 2014, what benefits employers offer and why they do so.At Employee Benefits, we have been carrying out research into this broad topic for more than a decade, so we are able to draw on a vast source of ...
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ArticleEmployee Benefits Award winners to be announced in June
The Employee Benefits Awards 2014 and summer garden party will take place at The Royal Artillery Garden at the HAC in London on Friday 27 June.As well as finding out which organisations have won this year’s coveted trophies, the high-profile event also provides the ideal opportunity to network and celebrate ...
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Article67% plan to increase benefits communication
More than two-thirds (67%) of respondents plan to increase communications in the coming 12 months to boost employee understanding and awareness of benefits.Just under half (48%) increased communications for this reason in 2013, according to The Benefits Research 2014, which surveyed 256 respondents in March 2014.This indicates that some respondents ...
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ArticleDon't miss the Employee Benefits Awards 2014
* See more information about the event and how to book your place.* See which organisations have been shortlisted for Employee Benefits Awards 2014.Also, a funfair provides the perfect opportunity for you to have fun with your team and industry peers. BOOK NOW: Join us on 27 June at the ...
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ArticleMartindale Pharma ups pensions engagement
EB Summit 2014: Martindale Pharma increased employee pension contributions by 60% after switching providers for its group personal pension (GPP) scheme and holding a series of pension presentations for its 400 employees.The number of members actively making fund choices also increased from just two employees to 73% of members, while ...
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ArticleFlexible benefits communications have improved
Just 20% of respondents to this year’s research said this was the main lesson to come out of their flexible benefits annual review meeting, compared with 29% in 2013 and 37% in 2012.About one-third of respondents said they learnt that their plan includes a good range of benefits, which is ...
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Article41% segment flex communications
A further 25% have never tried this approach but are considering doing so, according to the Employee Benefits/Towers Watson Flexible Benefits Research 2014.Email alerts, used by 84% of respondents, are the most popular method among respondents that use targeted communications around flexible benefits, followed by leaflets and brochures (34%) and ...
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ArticleOnline portal is top flex communication method
According to the Employee Benefits/Towers Watson Flexible Benefits Research 2014, the vast majority of respondents (83%) now use an online portal to communicate flex to their employees.In 2013 and 2012, this communication method appeared in third place.Employers are also increasing their use of new media, such as mobile phone apps ...
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ArticleDebbie Lovewell-Tuck: Can executive pay damage corporate reputation?
At one of the scale are employees who have announced their intention to either ballot for, or take, strike action in protest over pay deals on the table for them.Meanwhile, at the other end of the scale business secretary Vince Cable issued a warning to FTSE 100-listed employers about the ...
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ArticleFlex most successful in optimising tax and national insurance savings
This is closely followed by the positive impact of flex on staff engagement, which has continued to rise year on year. In 2012, 41% of respondents said their scheme had been effective in achieving this, rising to 53% in 2013 and 58% in 2014.A further 33% of respondents in 2014 ...
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ArticleCost remains primary barrier to flexible benefits
As in previous years, the percentage of respondents that cite the cost of implementing a scheme as a barrier to offering flex is significantly higher than those citing the second most common reason.When it comes to the ongoing cost of offering flexible benefits, including the technology required, this is considered ...
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ArticleStaff engagement is main objective for flex
Schemes appear to be meeting this aim, with the proportion of respondents reporting that their plan has successfully improved staff engagement rising steadily over the past few years.A further fifth (21%) of respondents cited improving staff recruitment and retention as their scheme’s main objective.Unsurprisingly, employee engagement is the most popular ...