All articles by Julie Gilbert – Page 2
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Article
67% of employers do not offer financial support or guidance
More than two-thirds (67%) of respondents do not provide financial support or guidance for their employees, according to research by Thomsons Online Benefits.Its UK Employee benefits watch report 2018: Creating the ultimate employee connection report, which surveyed 450 UK employers representing approximately 1,800,000 employees, also found that 70% do not ...
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Analysis
Is there a role for virtual GPs in a health and wellbeing strategy?
Need to know:Virtual GP services enable employees to access medical advice online, via an app or via a telephone service.Virtual GP services registered with the Care Quality Commission (CQC) are strictly moderated.Virtual GP services can help to reduce absenteeism and increase productivity.Over the past few years, virtual GP services have ...
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Case Studies
Universal Music Group offers virtual GP service to all UK staff
Universal Music Group’s UK division provides a virtual GP benefit as part of its health and wellbeing strategy.The organisation, which employs over 1,300 staff across its business entities in the UK, including Capital Records, Island Records, Virgin EMI and Abbey Road Studios, launched the virtual GP service in May 2015, ...
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Article
40% of employees are happy with their benefits package
Just two-fifths (40%) of respondents are happy with the benefits package offered by their employer, according to research by Willis Towers Watson.Its Global benefits attitude survey, which surveyed 2,824 employees, also found that almost three-quarters (72%) of respondents who are able to tailor their provision via flexible benefit schemes, feel ...
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Article
University employees vote to accept proposal to resolve pension dispute
University employees, who are members of the trade union University and College Union (UCU), have voted to accept proposals aimed at resolving the university pensions dispute.Just under two-thirds (64%) of members voted in favour of accepting the proposal. The decision has averted a second series of strikes that were scheduled ...
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Article
86% believe employers do not do enough to support mental wellbeing
More than four-fifths (86%) of respondents do not feel employees are doing enough to support employees with work-related stress, anxiety and other mental health issues, according to research by Westfield Health.Its research, which surveyed 2,025 UK employees, also found that more than three-quarters (79%) of respondents think their employer could ...
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Case Studies
The benefits offered by Explore Learning
The employee benefits offered by Explore Learning:Pension and group risk Group personal pension scheme. Matching contributions up to 4% for assistant managers, and up to 8% matched by employer for centre directors and head office staff.Life assurance for centre directors with over two years’ service.Critical illness insurance.Health and wellbeingPrivate medical ...
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Case Studies
Explore Learning uses employee feedback to tailor benefits strategy
Private education organisation Explore Learning takes employee feedback on board when fine-tuning its benefits strategy.Its expanding benefits package includes a health and wellbeing toolkit, enhanced maternity pay, a maternity package which includes its tailormade Mum's the Word scheme, and the option to buy or sell holiday. In April, Explore Learning ...
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Article
ABI voluntarily reports 16.5% median gender pay gap
The Association of British Insurers (ABI) has voluntarily reported its gender pay data with a 16.5% median gender pay gap and 19.6% mean gender pay gap for fixed hourly pay.The organisation, which employs just under 100 staff, is not legally obliged to report these details under the gender pay gap ...
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Article
Higher life expectancy means employees are not saving enough for retirement
Employees are not saving enough for retirement because they are pessimistic about their life expectancy, according to research by the Institute for Fiscal Studies (IFS).Its study, Subjective expectations of survival and economic behaviour, which is based on analysis of data from the English Longitudinal Study on Ageing, found that employees ...
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Article
Hays UK, Talk Talk and GSK shortlisted for best financial wellbeing strategy
Recruitment firm Hays UK (pictured), telecommunications provider Talk Talk Group and pharmaceutical organisation GlaxoSmithKline (GSK) are among the organisations shortlisted in the best financial wellbeing strategy category at the Employee Benefits Awards 2018.The award, sponsored by Wealth at Work, recognises an employer that uses a proactive approach to its workforce’s ...
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Analysis
How is technology evolving benefits communication strategies?
Need to know:Employers should not be afraid to embrace new technology in benefits communication strategies.Utilising employees' personal technology, such as smartphones, tablets and laptops, can help to reach and engage a broad audience.New technology should complement, not replace, traditional forms of communicationEmployers are faced with the ever-present challenge of identifying ...
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Case Studies
Sage uses data research software to drive benefits communications strategy
Sage uses data technologies to streamline its benefits communication strategy more effectively. The accountancy software organisation uses the Darwin Analytics software, provided by Thomsons Online Benefits, to enable Sage's benefits team to analyse the engagement levels and spend of its 13,000 employees. The technology also enables them to drill down ...
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Case Studies
ACCA uses behavioural economics to engage staff with financial health
Global professional accountancy body the Association of Chartered Certified Accountants (ACCA) offers its employees financial benefits via an online platform that places behavioural economics at the heart of its philosophy.The organisation, which employs 900 people in London and Glasgow, sends out personalised emails or text 'nudges' through its programme based ...
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Analysis
What elements of behavioural economics can employers build into a financial wellbeing strategy?
Need to know:Behavioural economics can be used to nudge employees in the right direction when making decisions impacting their financial wellbeingEmployers can learn from the auto-enrolment experience which built on using employees' inertia to boost pension saving in the UK.Encouraging staff to commit to save more tomorrow can also support ...
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Article
H&M Group UK reports 8.06% mean gender pay gap
H&M Group UK has reported an 8.06% mean gender pay gap for fixed hourly pay.The H&M Group UK is part of the H&M brand, which comprises eight entities: H&M, COS, & Other Stories, Cheap Monday, Weekday, H&M Home, Monki and Arket. It employs 9,907 employees in the UK arm of ...
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Article
EXCLUSIVE: New technologies can boost employee engagement
Employee Benefits Connect 2018: Introducing new technologies into a benefits strategy can improve employee engagement.Addressing delegates at Employee Benefits Connect 2018 on Wednesday 28 February, in a session titled ‘Key technologies to engage employees with their benefits', Jon Bryant, head of online benefits and communications at Aon Employee Benefits, explained ...
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Article
EXCLUSIVE: Reward Gateway uses social interaction in reward and recognition strategy
Employee Benefits Connect 2018: Employee engagement organisation Reward Gateway has implemented aspects of social interaction into its reward and recognition strategy.Addressing delegates at Employee Benefits Connect 2018, in a session titled ‘How to be a rebel with recognition in a social world’, Debra Corey (pictured), group reward director at Reward ...
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Analysis
Financial wellbeing in numbers
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Analysis
Why support financial wellbeing for different types of workers?
Need to know:Employers should consider offering financial education to all employees and workers regardless of the length of their contract or employment status.They should communicate clearly what financial wellbeing benefits are on offer.Productivity can increase if employees are not worried about their financial health.The workforce dynamic is evolving, with a ...