All articles by Employee Benefits – Page 15
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High net-worth money habits
Earning lots of money, or being born wealthy doesn’t mean you’re good with money. Why? Because our relationship with money is emotional - not circumstantial. 70% of lotto winners end up bankrupt and 48% people with six figure salaries are living pay-check to pay-check, have debt and ...
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AN EMPLOYER’S GUIDE TO MENTAL HEALTH AT WORK
April is Stress Awareness Month, and we’ve been busy encouraging employers and HR professionals to #ActNow.One of the best ways to avoid excess stress in the workplace is by ensuring managers have the tools they need to support their teams. Getting the best from your people doesn’t just come from ...
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Top essentials to help protect employee wellbeing
Health and wellbeing at work are just as important as salary for more than 80% of UK employees*, but what are the essential components of a wellbeing programme that employees truly want and need? David McCormack, CEO of HIVE360, investigates.According to the findings of AON’s Global Wellbeing Survey (2021), two-thirds ...
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Looking to the future understanding retirement
Picture this: you’re of retirement age and reclining on your armchair (let’s throw in an ottoman too) and you’re flicking through the pages of a crisp new book beside a roaring fire. You think to yourself:“Wow, I'm glad I contributed to my retirement pot”.With rising cost of living, impending energy ...
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BRIDGING THE GENERATIONAL DIVIDE IN THE WORKPLACE
In some UK workplaces, you can now find four generations working side by side. With many people continuing to work into their 70s, some organisations have five different generations within their employment.The main four generations are as follows:Baby Boomers: born 1946 – 1964Generation X: born 1965 – 1980Millennials: born 1981 ...
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Better financial wellbeing better sleep
It’s true that money can’t buy happiness but, according to the State of America’s sleep study, being financially secure can buy you a great night’s sleep.Financial anxiety is affecting employees’ sleep, and in some cases causes insomnia. It’s reported that 30% of adults in the UK alone have poorer quality ...
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The Big Table Group Launches Employee Reward and Recognition Scheme With Each Person
January 2023Leading Operator of Group Restaurant Brands Roll Out New Scheme To Their 4,000 PeopleThe Big Table Group has partnered with the award-winning Each Person’s rewards and recognition scheme. Rolling out over ?ve restaurant brands, 150 restaurant sites and across 4,000 sta? to appreciate and thank their employees for their ...
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Bright sparks and benefits
In today’s world, the employee is in the driving seat and organizations need to provide best in class benefits to retain their top talent. Gen Z is the most effected by the global decline that came from the pandemic, 75% of young employees feel anxious about their current financial situation, ...
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How to stand out as a manufacturing employer of choice
Standing out as an employer of choice during the war for talent is a challenge across most industries, but is especially important in the manufacturing industry. Employees’ needs have shifted over the couple of years, and employees expect more support from their employers through timely communications, frequent ...
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THE EMPLOYEE EXPERIENCE SERIES: HOW TO MEASURE THE EMPLOYEE EXPERIENCE
B2B Insights: The Employee Experience Series: How to Measure the Employee ExperienceWelcome to the third blog in our Employee Experience series. We’ve already discussed the employee experience lifecycle and how to use recognition to create the best experience. Here, we’re focusing on how to measure your employee experience so you ...
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How to Build a Career You Love
What does a purpose-led career look like for you?Is it a healthy work/life balance? Working for an organisation with similar values? Or, is it connecting with inspiring people at work?The purpose is the intention or goal behind an action, which can mean something different for everyone (1). Pursuing a purpose-led ...
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Top tips for using financial wellbeing support to become an employer of choice
The latest Financial Wellbeing Research (“the REBA research”) by The Reward & Employee Benefits Association (REBA) in association with WEALTH at work, reveals the need for employers to introduce their organisations to a range of financial wellbeing support that will help them to build the financial resilience of the workforce, ...
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How to engage offline workers with recognition
Recognition, it’s a powerful tool to boost motivation, increase connection and support employee wellbeing. To be most effective and inclusive, it’s crucial that your recognition initiatives reach workers who are not at a desk or computer all day. All employees (wherever they’re located) deserve to be appreciated ...
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EMPOWERING EMPLOYEES TO INNOVATE & CREATE
Friday, 21st April, is World Innovation and Creativity Day. Organised by the UN, “the concept is open to interpretation from artistic expression to problem-solving in the context of economic, social and sustainable development.”Whilst the UN focuses on the world, we can apply the concept to the workplace. The cost of ...
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How HR can help with mental wellness
April is Stress Awareness Month, and so it’s a great time for organisations to reflect on what they’re doing to support employee wellbeing and to think about where they could improve. In the face of great change and uncertainty, stress levels are elevated, with more than 50% ...
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What are the perks of buying an electric car through salary sacrifice?
We asked Jonathan Watts-Lay, Director, WEALTH at work, about the perks of buying an electric car through salary sacrifice. He comments; “Paying for an electric vehicle through a workplace salary sacrifice scheme can offer considerable tax benefits.Salary sacrifice electric car schemes typically enable employees to lease an ...
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Family-friendly benefits
It's no secret that when people have control over their money, they’re more likely to feel more secure, and experience holistic wellbeing, especially if they have dependents.Our global financial wellbeing report found that 55% of people in the world have the most basic money aspirations - they aspire simply to ...
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How to start your small business employee engagement journey
Reward Gateway for Small Business is an employee engagement platform that connects, recognises and supports your people. Designed for small businesses, the solution helps motivate your people, support employee wellbeing and strengthen customer service. The platform brings together employee discounts, employee rewards, recognition and wellbeing into one ...
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Thing to consider when taking out debt
We ask Jonathan Watts-Lay, Director, WEALTH at work some of the things that people should consider when taking out debt.He comments; “Debt comes in many forms such as loans, credit cards or store cards. It is always something which needs to be carefully planned for and understood before it is ...
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MAKING EMPLOYEE BENEFITS WORK: A GUEST BLOG BY PROFESSOR AMANDA KIRBY
Making Employee Benefits WorkWith challenges attracting and retaining talent, we are paying greater attention to overall job satisfaction than ever before. Many studies have shown that a comprehensive benefits package can increase job satisfaction, reduce turnover, and improve overall employee engagement.In a volatile and uncertain world of change with pressure ...