All articles by Employee Benefits – Page 12
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5 quick tips to make hybrid working successful
Embracing hybrid working is the key to a flexible and productive workforce, but it comes with its own set of challenges. In this article, we offer 5 quick tips that will guide your employee engagement strategies to make hybrid working a success.1.Be open to supporting different ways of workingWorking patterns ...
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Strategies for Boosting Workforce Engagement: A Guide for HR Leaders
Navigating the challenges of boosting workforce engagement can be daunting for HR and people managers, but the benefits to the organisation are well worth the effort. At Penfold, we've wrestled with these issues ourselves and have distilled some effective strategies for you. Let's delve into how you can enhance engagement ...
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Improving Employee Financial Wellbeing in the Face of Economic Uncertainty
Amid soaring inflation rates there are predictions of a recession hitting the UK by the end of the year. If you are an employer or HR manager, your responsibility extends to assisting your workforce in mitigating financial stress and ensuring their mental wellbeing. In this way, they can appreciate their ...
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6 ways to gather meaningful employee feedback
Most leaders know that employee feedback is essential for a successful and thriving workplace. It provides valuable insights into how employees are feeling about their roles, their managers, the challenges they experience day-to-day – and more importantly – creates the conversations needed to find solutions.Feedback can truly be the lifeblood ...
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REACHING & RECOVERING FROM BURNOUT: BREAKING THE STIGMA
Dr Keith Grimes shares his personal experiences of reaching a point of occupational burnout. With a focus on the importance of nurturing a culture of openness, Dr Grimes breaks the stigma, encouraging others to seek support and sharing what helped him on his journey back to health.The Truth about BurnoutBurnout ...
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Top 7 Employee Benefits and Incentives
Employee retention poses a complex challenge that goes beyond merely offering a competitive salary. The prominence of employee perks is on the rise, and as such, workers' expectations are also climbing.In today's business environment, a comprehensive and attractive suite of employee incentives can serve as a hallmark of a company's ...
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9 tips for giving constructive criticism at work
Most of us have been on the receiving end of criticism at work – it’s one of those terrible feelings that takes a while to shake away. That’s why constructive criticism is most effective when it is delivered with kindness, respect and a genuine desire to help the other person ...
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MENTAL WELLBEING SERIES: LET’S TALK EAP
Exploring the importance of creating a safe space for employees to talk about their mental health, this blog supports the Samaritans’ ‘Talk to Us’ campaign. Highlighting the key features of our Employee Assistance Programme, we define ways employers can support their employees’ mental health and wellbeing, boosting resilience, productivity, and ...
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The Crucial Role of Benefits on Employee Retention
Your staff forms the backbone of your company. A satisfied, committed workforce is the driving force behind pushing your business towards greater heights. Implementing the right employee benefits can be a powerful motivator for your staff, fostering their loyalty to your company.Ideally, your employees should grow in tandem with your ...
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How to measure employee engagement
In a business landscape where retaining top talent is becoming increasingly challenging, discovering a dependable method to gauge employee engagement is crucial. As individuals fundamental to your business, ensuring that your employees are satisfied and actively involved in their roles is paramount.The responsibility falls upon HR professionals to continually devise ...
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7 of the most effective employee voice tools
At its core, employee voice represents the collective power of diverse ideas, insights, and perspectives within an organisation.Tapping into that collective intelligence can give your organisation a significant edge over competitors and help to increase the wellbeing and satisfaction of your staff – but the trouble is – encouraging employees ...
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Should spare cash be used to reduce mortgage debt or increase pension savings?
By Jonathan Watts-Lay, Director, WEALTH at work“When it comes to securing our financial future there are often a number of decisions that must be made. A financial dilemma that many people consider is whether to prioritise reducing their mortgage debt or whether to increase the amount they pay into their ...
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Why Your Employees May Not Achieve a Comfortable Retirement
As an employer, you're obliged to provide your staff with a workplace pension - a mandate made compulsory by the UK government in 2012. The required minimum contribution is set at 8%, typically comprising of a 3% contribution by the employer and a 5% contribution by the employee.Unfortunately, a considerable ...
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5 Reasons your workplace pension plan may be undermining your business (and why you should review it)
You’ve got a company pension scheme in place, so what would prompt you to change it? It might seem like a monumental task, especially when you already have myriad other responsibilities.However, there's a strong reason to do so: your business and employees may be at risk if you don't take ...
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Your Workplace Pension: Is It Really Benefiting Your Business?
How would you feel if you discovered your company was unintentionally wasting a significant portion of your salary? We’re guessing you’d be pretty angry and upset about it.But your workplace pension setup could be causing this wastage right under your nose, without you even being aware.Workplace pension contributions are fantastic ...
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EMPLOYEE WELLBEING SERIES: WORKPLACE WELLBEING MADE SIMPLE: PART TWO
Part two of our ‘Workplace Wellbeing Made Simple’ blog series goes into more detail on financial, physical, and mental wellbeing. We’ll reveal the different employee benefits you can use to support employee wellbeing and boost employee engagement, how to get your benefits offering off to the best start and ways ...
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PURR-sonal Assistant - Do You Allow Pets in the Office?
Job satisfaction can mean different things to different people, depending on their main motivators for their work. For some people, it’s building connections with colleagues; for others, it’s feeling accomplished and like their work is valued.However, many people struggle with finding job satisfaction, with 33.33% feeling unhappy (2). Therefore, it ...
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WORKPLACE WELLBEING MADE SIMPLE: PART ONE
Workplace wellbeing is essential for any business that wants to get the best from its people, make a genuine and positive impact, and secure its future. Search the term ‘employee wellbeing’, and you’ll be inundated with information. That’s why we’re simplifying workplace wellbeing across a two-part blog series, with this ...
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Creating community and supporting mental health at work
Mental health and social connection are linked. Discover what your organization can do to support both. By Jennifer Gendron, Global Chief Commercial Officer at Koa Health - Employee Mental Health and Wellbeing Solutions Work impacts peoples’ lives in myriad ways. Amid a growing global mental health crisis, ...
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THE INS & OUTS OF EMPLOYEE BENEFITS
From the best physical, mental, and financial wellbeing employee benefits to how to make them cost-neutral. We cover the ins and outs of employee benefits, why they matter to your people now more than ever, and what the workforce of tomorrow expects.What are Employee Benefits?This may seem like a redundant ...