All articles by Nick Martindale – Page 6
-
Case StudiesBMT Group offers employees automated pensions advice
Having moved from a defined benefit (DB) to a defined contribution (DC) scheme in 2011, maritime engineering business BMT Group wanted to ensure its 780 UK employees were able to develop a sound retirement strategy.The business initially considered bringing in a financial adviser but was introduced to the concept of ...
-
AnalysisHow can technology be used in workplace pension schemes?
Need to know:The pensions freedoms mean there is more need for employers to facilitate online access to pensions.Modellers and apps are helping people map out potential retirement options.Robo-advice is providing tailored guidance to employees without the need for a financial adviser.Some platforms can link with other pension pots, personal savings ...
-
Case StudiesStott and May provides motivation with an engaging workplace
Recruitment business Stott and May has gone out of its way to ensure the office is not just seen as a place of work as it seeks to appeal to a modern workforce.The firm’s London office is decorated in a Charlie and the Chocolate Factory theme, while its New York ...
-
AnalysisWhat does a motivation strategy for a future workforce look like?
Need to know:Changes in society and legislation mean the traditional workforce is changing.Flexible working and health and wellbeing benefits will increase in prominence.Benefits schemes can help by giving employees greater choice.With changing demographics, the abolition of the default retirement age and the rise of flexible working, the world of work ...
-
Case StudiesPepsiCo relaunches flexible benefits to meet employee requirements
When food and drinks manufacturer PepsiCo looked to relaunch its flexible benefits scheme in 2015, it was keen to introduce a new benefit and so undertook a series of questionnaires and focus groups with employees.Kajal Mistry, total rewards officer, says: “It had been two years since a new benefit had ...
-
AnalysisWhat is driving employers' flexible benefits strategies?
Need to know:Any flexible benefit scheme should factor in both employee and employer needs.Technology and administration requirements also need to be considered.Businesses should also think about the frequency of enrolment windows.Find out why flexibility is vital for the modern workforce at Employee Benefits Live 2016 on 11 October at Olympia ...
-
Case StudiesInforma involves HR and benefits team in acquisitions
Publishing and events business Informa has made a number of acquisitions in recent years, including US exhibition firms Hanley Wood and Virgo, and UK book publisher Ashgate. Tom Humphris, global support HR director, gets involved around a month before any deal goes through. “We get access to all the information, ...
-
Case StudiesWorkplace Wellness adopts parallel working after acquisition
In September 2015, RehabWorks bought Right Management Workplace Wellness from Right Management, a ManpowerGroup company.As soon as the deal was announced, the HR teams from both organisations started to think about how to approach the benefits issue, and decided to initially adopt a period of parallel working. Jayne Carrington, managing ...
-
AnalysisHow to develop a benefits strategy post merger or acquisition
If you read nothing else, read this…The volume of mergers and acquisitions is growing, meaning more HR and benefits teams are having to think about integrating different benefits propositions.Whereas once organisations would leave the benefits of an acquired or merged business alone, this is now less common.If employers do decide ...
-
Analysis
39 - Communication: Top tips to create effective benefits branding
BOX: If you read nothing else, read this…An employee benefits scheme needs catchy and effective branding if it is to engage staff.Branding should complement the employer value proposition and external branding, but should also stand out as a distinct identity.Tailor any messages to workforce demographics and keep it simple. Darren ...
-
Case StudiesGoodman Masson attracts talent with supportive benefits
A central part of this is its Mortgage Fund, into which staff can contribute as much as 20% of their salary each month for three years, with the firm then adding a further 33% of the total. For staff who also put in their bonus, the employer contribution is even ...
-
AnalysisHow can employers support staff in tackling big societal issues?
If you read nothing else, read this…Broader societal trends are impacting employees and concerning employers.The cost of living is a particular issue, with 51% of staff concerned about their finances.Employers are increasingly helping employees save money for deposits on houses, and even to get access to mortgages.Some organisations are now ...
-
Analysis
Supplement, 6,7,8: Motivating a multi-generational workforce
If you read nothing else, read this…Different generations value, and are motivated by, different rewards and benefits, at least in the non-core benefits space.There is a risk of over-generalising if employees are pigeon-holed into generational groups.Personalised rewards and flexible benefit schemes can help accommodate different needs.According to the Hays UK ...
-
AnalysisHow to protect pensions data ahead of changing regulations
If you read nothing else, read this…Employers will have to assess their approach to protecting employee data, including that which is processed through pension schemes.Ensuring compliance for all members of a workplace pension scheme will be a big issue for employers.Employers should review their position now in order to be ...
-
AnalysisRevamping a motivation strategy for the year ahead
If you read nothing else, read this…Recognition, career progression and flexibility are all highly valued by today’s employees.Empowering staff to succeed in their work while retaining a work-life balance is also gaining prominence.Some employers are looking to use new pensions rules to motivate and retain staff.Jackie Waller, principal reward consultant ...
-
AnalysisTalent wars: How to use reward effectively
If you read nothing else, read this…Skills shortages are back on the agenda, with engineering and technology among those in demand.Businesses are again looking at how they can attract top talent, tailoring their offerings to suit their target employee base.Organisations are increasingly looking to benchmark how their total reward proposition ...
-
Case StudiesBGL Group offers wide package to attract top talent
Much of its focus revolves around the overall employee experience, with a strong emphasis on wellness, the office environment and enabling staff to get involved in charitable initiatives.Claire Whieldon, head of reward, says: “We have a huge amount of fundraising events, from dragon boat racing to employees going off to ...
-
Case StudiesTowry looks to effective providers for benefits
Higginson has learned this the hard way, having endured a bad experience with a pensions provider handling the transition to auto-enrolment.“It told us they had this fantastic new automated computer system, but eventually confessed that somebody at its end would manually type all the data into the system,” he says.“That ...
-
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 ...
-
AnalysisTime-saving tips for benefits managers
If you read nothing else, read this…Time is increasingly a factor for in-house benefits teams when implementing or reviewing products and services.Putting more of the burden on to consultancies, brokers or suppliers is an option, and many will offer services they don’t always shout about.New tools are emerging that ...