All Flexible benefits articles – Page 9
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ArticleFour in 10 UK employees want a flexible reward package
More than four in 10 (43%) UK workers want a flexible reward package and the ability to control their benefits, according to research carried out by payroll and HR service provider SD Worx.The survey of employees in the UK, Austria, Belgium, France and the Netherlands, sampling 500 workers in each ...
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ArticleEXCLUSIVE: Mundipharma offers choice and convenience with new flexible benefits strategy
Employee Benefits Live 2018: Pharmaceutical organisation Mundipharma’s overhauled flexible benefits package offers wider choice to employees.In a session entitled ‘Building a flexible benefits strategy for the future’, which took place as part of the benefits strategy stream at Employee Benefits Live on Tuesday 2 October, Amy Goodwin, head of reward ...
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OpinionProfessor Alex Bryson: All-employee share plans increase loyalty and productivity
Across Britain, around half of all listed organisations run some kind of all-employee stock purchase plan (ESPP), offering workers the opportunity to buy shares in the firm at discounted rates.In How does shared capitalism affect economic performance in the UK?, Bryson and Freeman, 2010, we found plan members behave differently ...
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ArticlePWC, Motor Neurone Disease Association and Deloitte to speak at Employee Benefits Live
PWC, the Motor Neurone Disease Association and Deloitte are among the organisations that will address attendees at Employee Benefits Live 2018 on Tuesday 2 and Wednesday 3 October.During the course of the two-day event, delegates will hear experts discuss a wide variety of topics impacting the reward, benefits and compensation ...
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AnalysisHow to motivate employees with effective gamification strategies
Need to know:Gamification is more than just badges and leaderboards; it in fact helps to systematise, unify and measure long-standing motivation techniques.Effective gamification involves in-depth strategy, careful testing, and judicious application.To truly make the most of a codified system of goals and achievements, employers should embrace the advantages technology can ...
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Case StudiesThe benefits offered by Weetabix Food Company
The benefits offered by Weetabix Food Company:Pension and group riskDefined contribution group personal pension plan, available for all employees alongside pre-existing defined benefit scheme, which closed in 2013.Healthcare and wellbeingPrivate medical insurance, employer-funded for all employees. Available for employees' family members as a flexible benefit.Dental insurance, employer-funded for all employees ...
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OpinionAntonia Bello: Embracing benefits technology improves employee engagement
Benefits technology has developed in leaps and bounds in recent years, and what was once a yearly paper-pushing exercise is now an exciting chance to engage with employees more frequently.At Aspen, we have been careful to craft a benefits package that is not only suitable for the business and our ...
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AnalysisHow can employers cater to multi-generational workforces in their reward packages?
Need to know:Having a multi-generational workforce means catering to employees at every stage of adult life, but doing so can provide important dividends.Disability and care responsibilities are among the core issues for an ageing workforce and those in the 'squeezed middle', but resorting to stereotypes should generally be avoided.Wide-ranging packages ...
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OpinionDavid Enser: Flexibility is key to expat motivation and recognition schemes
Expatriate motivation and recognition schemes should not be rigid, but should instead offer flexibility within a controlled framework. Managers must have a toolkit of buttons to push to ensure engagement and motivation on the one hand, while also being able to respond to the unique needs of both the individual ...
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AnalysisWhat to include in an expatriate motivation and recognition scheme
Need to know:Employers should be clear about why they are sending employees on assignments and what they need to achieve to keep them motivated.A cultural awareness programme for employees and their families is crucial, as is understanding local approaches to motivation and reward.Employers need to keep expat employees engaged so ...
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AnalysisIn numbers: The challenges of flexible benefits in a modern workplace
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AnalysisWhat do flexible benefit schemes look like in the modern workplace?
Need to know:Flexible benefit schemes are becoming more popular as employees come to expect more individuality, and employers focus on retaining them.Advancements in technology allow for more variety in terms of both the communication of benefits, and employees' means of accessing them.Organisations can offer a wide range of benefits, but ...
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Case StudiesPageGroup incentivises employees to find out more about their flexible benefits package
Recruitment organisation PageGroup has found a fun way of promoting its flexible benefits offering to all 1,500 of its employees, across 25 UK locations.The organisation decided that just inviting staff to a presentation to find out more about the flexible benefits package was not tempting enough, so it entered every ...
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OpinionProfessor Dan Cable: A flexible benefits package is essential in the modern workplace
If you want your employees to be at their best, it makes sense for them to have a say on their reward package. As a result, I believe flexible benefits are fundamental.Importantly, flexible packages are a way for employers to show that they care about their employees by offering a ...
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AnalysisFinding ways to engage employees in the modern age
Need to know:Employees are becoming less likely to see their employer as a trusted source of information, which can impact meaningful engagement.Regular meetings, using technology to the employer's advantage, can be integral in maintaining a collaborative culture, even with the growing number of home-workers.Taking the time to analyse an organisation's ...
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AnalysisHow technology is shaping the future of employee reward
Need to know:The delivery of benefits is becoming more mobile-optimised, with new technologies such as machine learning, artificial intelligence (AI) and blockchain waiting in the wings.Data and data analytics is playing an increasingly important part in the personalisation of reward.Communication, security and transparency remain key, especially amid concern and publicity ...
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ArticleCountryside and PageGroup shortlisted for Best flexible benefits plan
Property development organisation Countryside and recruitment business PageGroup (pictured) are among the organisations shortlisted in the Best flexible benefits plan category at the Employee Benefits Awards 2018.This award celebrates the most effective use of a flexible benefits strategy within an organisation.The full category shortlist is:Countryside, Your Reward (Entered by Benefex)PageGroup, ...
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Case StudiesThe benefits offered by Kier Group
The workplace benefits offered by Kier GroupPension and financial benefitsA defined contribution (DC) master trust open to all employees, with matching contributions up to 7.5%.Sharesave and share incentive plan (Sip) open to all employees.Financial education.Healthcare and wellbeingPrivate medical insurance dependent on grade.Eyecare: employees can claim back the cost of an ...
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Case StudiesKier Group develops reward and benefits in line with business growth
Having gone through a period of considerable change in the last five years, construction, property and services organisation, Kier Group aims to be as flexible as possible with its reward and benefits offering.The organisation has developed from regionalised construction businesses to a national business, which has included the acquisition of ...
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ArticleInterContinental Singapore enhances benefits for 360 employees
Hospitality organisation InterContinental Singapore has enhanced its employee benefits package for the organisation’s 360 employees, effective from January 2018.The benefits changes, which includes extended maternity and paternity leave, have been introduced in order to promote better work-life balance and to support employees’ personal and professional development.Under the revised benefits provision, ...