All articles by Louise Farrand – Page 5
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AnalysisHow will the gig economy affect employee benefits?
Need to know:Gig workers are revolutionising the service economy. However, employers must tread carefully when offering them benefits or risk legal action and costly reclassification exercises.Arm’s-length benefits arrangements are evolving, where employers act as facilitators, rather than directly contributing financially.The government is currently investigating how the law treats gig workers, ...
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Case StudiesTSB channels inspiring leadership to engage employees
TSB has built its employee engagement strategy on the values of directness, honesty and authenticity. Hari Miller, head of internal communications and community engagement, works closely with Paul Pester, TSB’s chief executive, to keep employees informed and engaged with the organisation.TSB has seen some tumultuous times. It separated from Lloyds ...
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AnalysisHow successful are employee engagement strategies?
Need to know:Employees are increasingly swamped by communications so employers need to think carefully about engagement strategies.Successful engagement strategies are built on solid foundations. Employers should start by engaging with staff to work out where they are, then work on their weak areas.A clear sense of purpose and inspiring leaders ...
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AnalysisHow can gamification be utilised in a benefits communication strategy?
Need to knowGamification is not necessarily just about playing games; it is all about using game principles, such as competition, to engage with employees.It can be used as a tool to educate a workforce about pensions, health and wealth.Gamification also includes wearable technology.Employers can use gaming to communicate with their ...
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Case Studies3 Monkeys Zeno uses gift vouchers to recognise staff
PR firm 3 Monkeys Zeno has been awarding gift vouchers to staff for eight years. Christine Jewell, managing director, says: “We surveyed our staff and asked what sort of reward they would value: would they like dinner for two, for instance? Vouchers were what most people said they wanted. Cash ...
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AnalysisWhat are the latest trends in the corporate gift card market?
Need to knowGift cards can be a great way to reward staff, but reward and benefits managers should think carefully about how they present the vouchers to maximise their impact.Keeping a wide-ranging workforce engaged can be a challenge; gift cards are a great way to keep everyone happy.E-codes are a ...
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Case StudiesB&CE grows benefits package in line with its culture
B&CE was founded in 1942 as a simple way to help construction workers build up holiday pay. It branched out into offering other financial products, such as pensions. However, it is in the last few years that the business has seen its workforce grow, fast.When the government decided to introduce ...
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Case StudiesCurzon PR develops benefits offering based on employee feedback
Farzana Baduel, managing director at Curzon PR, has always been entrepreneurial. She founded her PR firm, Curzon, in 2009, in part because with a one-year-old child, she wanted the flexibility to balance work with the school run.Baduel’s business grew slowly for the first two to three years. She had previously ...
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AnalysisHow does a reward strategy evolve while an organisation grows at pace?
Need to knowWhen an organisation grows quickly, preserving the culture and benefits offering can pose a challenge.Asking employees what they want can help organisations to develop their benefits package to support their continued growth.Employers can consider ways to upscale the more informal benefits staff receive when they are part of ...
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Case StudiesTalkTalk gets the message across on total reward
Telecommunications organisation TalkTalk introduced a total reward strategy in 2011. As part of the exercise, it introduced banding to achieve clarity and alignment across different sections of employeesSam Kirk, reward director at TalkTalk, says: “We brought all our benefits together at the same time and with great visibility. It helps ...
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AnalysisHow to build a 21st-century total reward strategy
Need to know:Lifting total reward off the page and making it meaningful is an ongoing challenge for reward managers.A total reward strategy is a great way to attract and retain a talented workforce. But it is important to make sure that all benefits are included.When employees understand the value of ...
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Case StudiesCentrica considers whole family experience to support carers
Utility firm Centrica, which owns British Gas, is one pioneer in the field of eldercare.Alison Hughes, Centrica’s head of HR policy and diversity, says: “Historically, we had a family leave policy that was focused on childcare: maternity and paternity.”While still focused on making parents’ lives easier, Centrica decided to look ...
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AnalysisCaring benefits for a multi-generational workforce
Need to know:Societal changes, especially the ageing workforce, means supporting working carers is a key issue for employers.Employers should take stock of caring requirements within their organisations to ensure staff receive relevant and valuable support.Well-tailored benefits packages could help an organisation to win the race to hire and retain talented ...
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Case StudiesKnight Harwood embraces auto-escalation
Construction firm Knight Harwood’s group personal pension scheme started with a contribution basis of 3% and 3% and introduced the concept of auto-escalation, through what it calls the Pension Increase Pledge (Pip). This gives members the option to commit to increase their pension savings by 1% each year for a ...
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AnalysisHow can behavioural science engage employees with workplace savings?
Need to know:Small changes can make a big difference when it comes to engaging employees with workplace savings schemes.Behavioural science is all about working with people’s natural habits, instead of against them.Left alone, savers can struggle to imagine their future selves. There are many smart ways to help them overcome ...
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