All Flexible benefits articles
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ArticleExclusive: 35% of UK employees have choice and flexibility for perks and benefits
Source: Shutterstock Exclusive: Just over one in three (35%) UK workers said they have access to choice and flexibility when it comes to employee perks and benefits, according to new research by Perkbox Vivup. For its report Bridging the gap: creating parity between deskless and office-based workers, ...
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Case StudiesPodcast: Aldermore Bank ensures its benefits proposition supports financial wellbeing
Listen: This episode of the Employee Benefits podcast shines a light on how Aldermore Bank has embedded its organisation’s purpose in all of its operations and ensures this is apparent within its reward strategy. Its purpose is to support people to ‘go for it’ in life and business, and ...
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AnalysisAre we moving away from paternalism in employee benefits?
Credit: tomertu/ShutterstockNeed to know:Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic.Flexible benefits, voluntary benefits, and allowances or pots offer the potential for greater personalisation.A robust communications programme delivering frequent messaging in different formats helps employees know what is available, increasing the value of the ...
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Case StudiesCentrica offers flexible benefits scheme to suit employees' needs
Centrica designed its flexible benefits scheme so that its UK employees can access perks at any time.Its flexible benefits scheme was created with five principles in mind: flexibility, choice, continuous engagement, affordability and innovation. The organisation wanted to move towards a truly flexible scheme by offering anytime benefits that allow ...
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Case StudiesBNP Paribas UK maximises choice for employees within flex scheme
Credit: Gerard Uferas/ La Company BNP PARIBAS LondonBNP Paribas UK tries to promote true flexibility through its flexible benefits scheme and regularly tweaks its provision to operate at its best for its workforce.The employer has seven organisations in different UK financial services markets, with more than 8,500 staff ranging from ...
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AnalysisHow to design a flexible benefits scheme for today’s workforce
Employers should communicate with employees to understand what they need from a flexible benefits package.Benefits that are offered as part of a flex scheme need to add value.As employees’ needs can change throughout the year, more frequent benefits enrolment windows can provide greater flexibility and choice.Following the impact of recent ...
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ArticleCentrica and Prezzo shortlisted for Best flexible benefits plan
Energy supplier Centrica and restaurant chain Prezzo have been shortlisted for Best flexible benefits plan at the Employee Benefits Awards 2024.This category was created to recognise a successful strategy that has effectively delivered a flexible benefits plan. This can include plans that operate within a set enrolment period, as well ...
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ArticleNewcastle Building Society rolls out flexible benefits platform
Credit: ML Robinson / Shutterstock.comNewcastle Building Society has rolled out a flexible benefits platform for its more than 1,000 employees in order to boost engagement with its benefits package.Through a partnership with employee benefits provider Zest, the building society’s employees will be able to access all of their benefits in ...
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Supplier articleAffordable and inclusive ways to harness the power of employee appreciation
Last week, businesses across the UK took to social media to celebrate Employee Appreciation Day, expressing their gratitude towards their workforce through gifts and experiences. Employee appreciation is a fundamental part of the employee experience, encouraging HR professionals, managers, and employers to harness the power of a ...
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Supplier articleHow to boost productivity in the workplace with employee fitness benefits
Employers are always seeking new ways to enhance productivity, reduce costs and improve employee satisfaction. Focusing on employee wellbeing can be one of the most effective ways of doing this, and fitness benefits are one of the most popular incentives amongst employees. There are a number of ...
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Case StudiesAdecco Group prioritises agility for its total reward strategy
Over the last 18 months, Adecco Group’s total reward strategy has needed to be relatively agile to address the needs of its employees during the cost-of-living crisis.The group has three global business units, Adecco, Akkodis and LHH, which cover talent and recruitment, and digital and engineering solutions. It employs 39,000 ...
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AnalysisBuyer’s guide to corporate gym membership
What are corporate gym memberships?Employers can offer a corporate gym membership on an employee-paid or discounted basis, with many gyms offering membership deals to organisations. Through membership, staff can access a gym, health club, leisure or sports centre, or exercise classes as part of a voluntary or flexible benefits package.What ...
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Supplier articleESSENTIAL SAVINGS FOR YOUR EMPLOYEES, WHENEVER, WHEREVER
For most of November, we’ll see Black Friday and Cyber Monday savings banners promoting a new deal whenever we click on a website. Many of us use this opportunity to get cheaper Christmas gifts, and it helps – the retailers and our budgets – but surely, it’s ...
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Supplier articleFrog Systems launches wellbeing service for The Lowry: on-demand support for Manchester arts venue’s staff and volunteers
The Lowry, one of the largest arts venues outside London, has chosen Ashia from Frog Systems to help support the mental health and wellbeing of its staff and volunteers. In total 650 employees and volunteers will have access to Ashia, the wellbeing streaming service which has 1000s ...
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Supplier article8 reasons why education motivates benefit utilization
Benefit education plays a crucial role in improving the utilization of benefits, whether those benefits are related to finances, healthcare, social programs or otherwise, there are several reasons why education is instrumental in motivating global benefit utilization. The truth is benefits uptake is an ongoing challenge for ...
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Article35% of staff want financial support through personalised reward and benefits
One-third (35%) of employees want personalised reward and benefits as a means of financial support outside of salary increases, according to research by global reward and benefits platform provider Perkbox.Its research, which surveyed more than 2,000 workers, also found that 34% of respondents want access to discount schemes that help ...
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Case StudiesOvo Energy aligns green benefits to company purpose
Ovo EnergyWhen Ovo Energy took over SSE Energy Services in 2020, it needed to harmonise benefits across the two organsiations. Employees would receive a flex pay arrangement, worth an additional 9% of salary. This would incorporate an employer pension contribution of 4%, and an extra 5% which could be used ...
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Supplier articleWEALTH at work launch NEW Corporate ISA
In today’s economic climate, helping employees to build their financial resilience and providing them with the knowledge and tools to do so, has never been so important.Whilst a workplace pension provides a savings vehicle for retirement, many organisations want to put in place a tax efficient savings option for those ...
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Supplier articleHow to measure the impact of your mental health initiatives
Measuring the impact of mental health initiatives is crucial because it allows you to show your genuine commitment to employee wellbeing and understand the tangible outcomes. Taking the time to measure your wellbeing policies properly will help you to fine-tune strategies, offer sincere support to your workforce ...
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Article85% of employers plan to further enhance their benefits packages
The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher.Its Organisational and career wellbeing strategy, which polled employers across various industries on key trends and sentiments toward employee benefits and engagement, also found that flexible ...