All Flexible benefits articles – Page 14
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Case StudiesInterfleet keeps flex costs low with increased staff engagement
International rail consultancy Interfleet keeps the cost of providing flexible benefits low by ensuring that it gives staff what they want.The organisation, a member of the SNC-Lavalin Group, benchmarks its flex package and its 480 UK employees’ engagement with this, using the Great Places to Work questionnaire. In 2014 responses ...
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OpinionPeter Roberts: Cutting costs not corners
Flexible benefits have long been seen as playing a vital role in employee engagement. It is arguably one of the keys to unlocking productivity, as well as attracting and retaining talent.The reduction in pension commission is coupled with continuing pressure on health insurance costs, an increasingly competitive market for talent ...
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Article53% view flexible working as key part of wellbeing
Just over half (53%) of respondents view flexible working as a key part of their overall employee wellbeing strategy, according to research by Aon.Its 2015 employee benefits and trends survey, which is based on responses from 294 reward, compensation, pensions and benefits representatives, also found that 38% of respondents do ...
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Article
Flexible benefits
The latest analysis, news, case studies and opinion in relation to flexible benefits.
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ArticleHeinz boosts flexible benefits take up
EXCLUSIVE: Heinz has nearly trebled its flexible benefits submission rates in 2015 through the use of an online benefits portal and effective communication practices.The food manufacturer took a ‘learn, see, change’ approach to guide more than 2,500 employees through the annual enrolment window in November 2014 to help them digest ...
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ArticleHoliday buy and sell receive highest take up in flex
EXCLUSIVE: Holiday buy and sell, critical illness cover and travel insurance are among the benefits with the highest take up in flexible benefits, according to research by benefits consultancy and technology provider Vebnet. The research, which is from 52 employer clients across five different industry sectors that have a total ...
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Article81% offer some form of flexible benefits
The popularity of flexible benefits plans has risen in the past ten years with 35% of respondents offering full flex compared to 11% in 2004, according to research by Staffcare.Its See the benefits: A whitepaper on the latest trends in flexible benefits and technology report, which surveyed 108 HR professionals, ...
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Case StudiesDanone opens flex window for lifestyle changes
The organisation, which won ’Most engaging benefits package’ at the Employee Benefits Awards 2014, opens benefits windows for such staff every month for certain benefits.These benefits include childcare vouchers, the pension scheme, retail vouchers, gym membership and access to its health cash plan.The monthly windows open for any employee who ...
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Case StudiesHow Adecco manages employee benefits
Matthew Johnson, head of compensation and benefits at Adecco, says the decision to use a standard package was aimed at keeping internal administration to a minimum, but the reality has been different. “We try to get the two [organisations] to talk to each other, but they don’t,” he says.As a ...
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ArticleJP Morgan boosts flexible benefits engagement
JP Morgan has increased staff engagement with its flexible benefits scheme from 38% to 74% after revamping and relauching its benefits platform in 2012.Adam Brooke (pictured), employee benefits and wellness manager at JP Morgan, will discuss how the organisation achieved this increase in engagement in a session titled ’Communication strategies ...
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AnalysisHow to minimise the costs of implementing flex
If you read nothing else, read this…Employers should ensure their technology providers have project management capabilities.Core benefits should not necessarily be disregarded.Flex pots should be communicated in pounds and pence rather than as a percentage of salary, which may vary.But there are a number of ways in which organisations new ...
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AnalysisHow to keep flexible benefits fresh and relevant for staff
If you read nothing else, read this…A good flex scheme is a core of foundation benefits which may include a pension, healthcare and childcare perks.Benefits such as bring-your-own-device-to-work schemes can help to engage staff in a flex scheme. Employers should analyse flexible benefits take-up data to identify participation profiles and ...
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OpinionPaul Brown: Fit-for-purpose and well-communicated benefits engage staff
Some 92% of our respondents reported an increased level of employee engagement as an outcome of flex. This is compelling evidence to back up the theory that flexible benefits are considered best practice and a necessary weapon in the continuing battle to retain key talent. The research suggests flex is ...
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ArticleClare Bettelley: Employee engagement drives flexible benefits growth
A large majority of respondents (79%) use staff motivation or engagement to measure the success of their scheme, and 59% use staff retention as a measure. This suggests that the value of flexible benefits in helping to recruit, retain and motivate staff is increasingly important to employers in the war ...
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ArticleEmployee Benefits / Towers Watson flexible benefits research 2014
Read the digital edition of the Employee Benefits / Towers Watson flexible benefits research 2014.The supplement includes the following articles:Paul Brown: Fit-for-purpose and well-communicated benefits engage staffClare Bettelley: Employee engagement drives flexible benefits growthEmployee Benefits Flexible benefits research 2014: Key findingsFlexible benefits most successful in optimising tax and NI savingsStaff ...
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Last chance to win an iPad with flexible benefits research
This is your last chance to win an iPad mini in return for just 10 minutes of your time.Simply complete the Employee Benefits/Towers Watson Flexible Benefits survey and we will enter you into a prize draw for the chance to win an iPad mini. We will also send you a ...
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Article
Win an iPad mini by completing flexible benefits survey
Employee Benefits’ annual survey is designed to help employers benchmark their organisation’s flexible benefits plan with those of competitors. To have your say and gain an insight into how your flex plan compares with those of your peers’, please participate in this short survey by 31 January 2014.As a thank ...
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Article
Share your views on flexible benefits
We are conducting our annual research designed to help benefits professionals benchmark their organisation’s flexible benefits plan.The Employee Benefits/Towers Watson Flexible benefits research 2013 revealed that 92% of employers that did not offer flex viewed the cost of implementation as a barrier to doing so.And 55% of respondents believed that ...
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Analysis
Five key criteria to ask a flexible benefits provider
If you read nothing else, read this…Employers should ascertain whether a provider works alone or is supported by a third party to deliver the scheme.The provision of eight to 10 employee benefits is advisable in the first year of a scheme.Workplace benefits days can help employees to understand the perks ...