All Financial wellbeing articles – Page 77
-
Supplier article5 ways to improve your 2021 employer brand through your people
By Mark Puncher, CEO of Employer Branding AustraliaOK, so we’re all hoping for a better 2021. From a people and culture perspective, however, it’s not just going to land in your lap. In fact, all the signs are that employee engagement and culture shaping will be even more complex this ...
-
ArticleCambridge University becomes a living wage employer
Cambridge University is now an accredited living wage employer, with its new ‘Living Wage Commitment’ meaning staff at the historic academic institution will receive a minimum hourly pay rate of £9.50 in the UK or £10.85 in London.Eilís Ferran, pro-vice-chancellor at University of Cambridge, said: “University of Cambridge staff are ...
-
ArticleUnilever promises all suppliers will pay a living wage by 2030
British multinational consumer goods organisation Unilever has pledged all of its suppliers will pay their employees a living wage by the end of the decade.The commitment, unveiled as part of a wider renewal of its social responsibility standards, will see the business insist that all workers of companies in its ...
-
ArticleFurlough forces millions to delay retirement plans
Millions of workers face delayed retirement due to being put on furlough and its impact on pay, according to a study by investment firm Fidelity International.The research found that nearly four-in-10 workers surveyed (38%), have said they will have to put back their retirement date by around two-and-a-half years.According to ...
-
ArticleGreene King relaunches employee support fund
Pub chain Greene King has announced plans to relaunch its Covid-19 (Coronavirus) Emergency Support Fund, which is designed to give hard-pressed team members financial assistance.The fund, which was initially in place between from March-June last year, helped distribute £650,000 in grants to employees. The grants enabled financially-pressed workers to access ...
-
Supplier articleBuilding your HR tech stack to meet employees' needs
All over the world, HR leaders have spent the last 12 months adapting engagement strategies, and embracing new tools to help improve employee connection, agility and support. This approach helps prepare teams to better handle constant disruption and sets them up for growth and success.Companies that are building their HR ...
-
Supplier articleWHAT IS THE GOAL OF EMPLOYEE DISCOUNTS?
Since we started our business nearly 20 years ago, we have seen an exponential growth in the number of businesses that offer employee benefits to their staff. In fact, it can be true to say that most companies now have at least a standard benefit offering – some mandatory such ...
-
Supplier articleDoes It Matter What Your Peers Think? The Value of Peer-to-Peer Recognition
Have you ever felt that your efforts at work were going unnoticed? Did it make you feel undervalued and affect your productivity and company loyalty?Peer-to-peer recognition is a useful yet often underutilised tool, which can greatly improve engagement, productivity, and retention of valued employees. It can also have a positive ...
-
Supplier articleBusy Bees Benefits: How an Ageing Workforce Will Affect Pay Strategy
The effect of the coronavirus pandemic coupled with today’s ageing population, means it’s more important than ever to devise innovative solutions that address today’s financial challenges.With employees working for longer, companies need to provide employees with salaries for extended amounts of time. This impacts stating salaries for businesses, as employers ...
-
ArticleEXCLUSIVE: Heineken UK launches workplace savings tool for staff
EXCLUSIVE: Brewing organisation Heineken UK has introduced a workplace savings benefit to employees to support their financial wellbeing.The employer partnered with workplace savings provider Cushon to give staff the opportunity to save regularly into an individual savings account (Isa), with the money automatically deducted from their salary each month. Available ...
-
Supplier articleBusy Bees Benefits: Making Pay Go Further
Due to economic uncertainty caused by the coronavirus pandemic in addition to Brexit, many employers have been unable to award pay increases to staff. These factors have in turn been impacting employers in their ability to recruit and retain employees. With this in mind, it’s important to consider how employers ...
-
Supplier articleTailor-Made or Generic Benefits?
The world is full of compromises and often; they are the only solution to keep the peace. With a compromise, however, no one is left in their ideal situation.As an employer, the biggest challenge when designing an employee benefits programme is delivering a programme that suits everyone without shattering budget ...
-
ArticleEXCLUSIVE: 35% of organisations provide financial education to all employees
Just over a third (35%) of organisations provide financial education for all employees, a two percentage point drop year on year, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers, found that although it has decreased slightly, this figure is still much ...
-
Supplier articleRecognition and wellbeing: Preparing for Christmas
A digital fireside chat with Nudge & Browne JacobsonAs this year finally draws to a close, it could be easy for us to ‘take our foot off the gas’ and coast towards Christmas. But, for some, we’re heading into a volatile time of year, and our employees are going to ...
-
Case StudiesIpsos Mori ensures employee wellbeing ranks high on the agenda
At Ipsos Mori, employees are at the centre of everything the organisation does, and it follows that any benefits that are introduced serve the purpose of meeting employees’ needs. This approach means the market research organisation has made a number of changes to its reward stategy in order to support ...
-
Supplier articleHow to plan a virtual team building event for remote employees
By Catrin Lewis, Head of Global Engagement and Internal Communications at Reward GatewayFlashback to 7th February 2020. It was the end of an action-packed week where every single Reward Gateway employee had come together at boom!Fest, our biggest internal all-hands employee event.This bi-annual event was a firm favourite among employees. ...
-
Case StudiesCity and Guilds Group prioritises employee financial education in challenging times
When the pandemic hit UK businesses, City and Guilds Group was quick to respond. The skills development organisation which offers qualifications and apprenticeships across a variety of sectors, employs just over 1,000 people in the UK.City and Guilds has taken advantage of the government’s furlough scheme, topping up people’s salaries ...
-
OpinionVickie Graham: Workplace financial education is incredibly important during the pandemic
2020 has been a year where all aspects of our lives have been impacted. From a workplace standpoint, the global Covid-19 (Coronavirus) pandemic has impacted how we do business, how we interact with people, how we conduct meetings and events, how we engage and motivate our teams, and crucially how ...
-
AnalysisHow has the pandemic impacted employers' financial education strategies?
Need to know:Over half of UK employees worry about money at least once a week, and people’s mental health is suffering.The pandemic has heightened the financial stress people were already experiencing. Their priorities have shifted away from day-to-day financials and towards a need for emotionally-driven financial education.Although face-to-face support is ...
-
Supplier articleWhat does employee wellbeing look like in 2021?
The start of the new year this time around will bring an extra layer of challenges for those responsible for deploying employee wellbeing programmes. Whilst employers know they have a legal responsibility for the health and safety of their workers, they are perhaps now more aware than ...