Research news 1 – Page 29
-
Article
Benefits Research 2010: Benefits offered through salary sacrifice
Given the tax and national insurance (NI) savings that are available when offering tax-efficient benefits through a salary sacrifice scheme, it is perhaps no surprise that 87% of respondents offer benefits through this type of arrangement to some, if not all, of their workforce.Employers that do not offer perks on ...
-
Article
Benefits Research 2010: Voluntary benefits provision
During the economic downturn, voluntary benefits schemes have been a way for employers to help their employees' salaries stretch a little bit further. Giving employees access to discounted products and services through a voluntary benefits scheme is also a cost-effective way of offering perks to staff, or boosting a benefits ...
-
Article
Benefits Research 2010: Core benefits provision
Over the past six years, there has been little change in the top benefits included in employers' traditional core packages. Just as in 2004, this year, life assurance (also known as death-in-service) is the most commonly offered core benefit.The growing prominence of total reward strategies has led to more incidences ...
-
Article
Benefits Research 2010: How employers offer benefits
Most employers still offer traditional core benefits, but over the past six years, the percentage that offer benefits through another mechanism – via a flexible benefits scheme, on a voluntary basis or through a salary sacrifice arrangement – has risen steadily. In 2004, for example, 37% of respondents offered a ...
-
Article
More people planning to save for pensions, says research
The number of people planning to save for a pension has risen by 12% since 2009, according to the MoneyMood Survey from Legal and General.One third (32%) of approximately 940 people polled in 2010 intend to save for a pension, a significant rise from the 20% who were considering it ...
-
Article
PensionDCisions research: most DC plans to review default option
More than half (54%) of defined contribution (DC) plans intend to review or change their default strategy in the near term. This figure is up from 20% in 2009.The findings are part of the 2010 PensionDCisions UK Sponsor Default Survey, which polled 62 large UK plans, representing 630,000 DC members ...
-
Article
Research: Employees move on as pay freezes are lifted
Even though a quarter (24%) of employers who implemented pay freezes during the recession have now lifted them, 41% of office workers surveyed expect to move jobs over the next twelve months, according to a study from international recruiters Badenoch & Clark.The study, which polled more than a thousand office ...
-
Article
Research: Dental perks bring a smile to staff
Dental benefits are seen as an integral way to improve staff morale and reduce sickness absence.In Simplyhealth's Dental Survey 2010, 67% of respondents believe dental benefits improve morale, up from 51% in 2008. The figure for companies that believe dental benefits reduce absence has also increased, from 30% in 2008 ...
-
Article
Nine out of 10 employers see pension as effective recruitment and retention tool, says research
Nearly nine out of 10 employers see a pension as an effective recruitment and retention tool, though only 7% have carried out a formal assessment to confirm this, according to a survey published today by actuarial firm Punter Southall.In one of the biggest surveys of opinion among UK employers with ...
-
Article
Employee Benefits launches new research into workplace health benefits
Would you like to receive privileged access to a new piece of research into UK employers' health and wellbeing strategies?We would value your input into the Employee Benefits Healthcare Research 2010. If you respond by the time the survey closes on 22 April, we will send you an advance copy ...
-
Article
Hewitt New Bridge Street research: recession’s impact on executive remuneration
Eighty percent of FTSE SmallCap companies responded to the economic downturn by freezing executive pay and reducing bonuses, concludes a series of reports on executive reward published by Hewitt New Bridge Street.The report collates data published by companies in the FTSE SmallCap index, which comprises more than 250 businesses outside ...
-
Article
Axa research shows disparity between public and private pensions
New research from Axa found that six in 10 people believe it is unfair that public sector employees generally receive better pensions than their private sector counterparts.The research also highlighted that 44% of public sector workers agree.Findings show that a 25-year-old woman working in the private sector would have to ...
-
Article
Research finds reward is growing as a wider company strategy
Reward was found to represent 70% of a company’s total costs, making it a top management issue rather than merely the sole responsibility of compensation and benefits experts, according to new research from the HayGroup, The Changing Face of Reward.The global reward research was conducted through the survey of HR ...
-
Article
Employee Benefits/Towers Watson Flexible Benefits Research 2010
Research: who are the respondents; key findingsResearch: attitudes to flexible benefitsResearch: structure of flexible benefits schemesResearch: flexible benefits on offerResearch: tax-efficient flexible benefitsResearch: how flexible benefits schemes are administeredResearch: alternatives to flexible benefitsSponsor’s comment: Using flexible benefits can pay off in a period of change Editor’s commentAs employers have continued ...
-
Article
Research 2010: alternatives to flexible benefits
There has been a significant rise in the proportion of employers that do not think their organisation offers enough benefits to flex, says Debbie LovewellImplementing a flexible benefits scheme requires time and commitment from employers if they are to fully engage employees with the concept and optimise the plan's value.So ...
-
Article
Research 2010: structure of flexible benefits schemes
There is a growing trend for employers to enable staff to trade their existing benefits up or down rather than provide a flex pot to spend, says Debbie LovewellSince flexible benefits schemes arrived in the UK from the US in the 1980s, the industry's view of what exactly constitutes such ...
-
Article
Research 2010: flexible benefits on offer
Employers are moving towards offering a wider selection of benefits within flex, and childcare vouchers remain the most popular option, says Debbie LovewellIt can be a challenge to get the balance right when it comes to deciding on the number of options to include within a flexible benefits plan. Employers ...
-
Article
Research 2010: attitudes to flexible benefits
The recession and looming pension reforms have affected attitudes to flex, but meeting staff needs is still the top reason for offering a plan, says Debbie LovewellThe top reason to offer flex has remained largely unchanged over the 12 years Employee Benefits has conducted research in this area: that it ...
-
Article
Research 2010: who are the respondents; key findings
Our survey was carried out in January 2010, with analysis based on 354 responses from Employee Benefits’ readers and users of www.employeebenefits.co.ukKey Findings55% of respondents believe their flex scheme has been effective at reducing/containing the cost of reward.31% do not give staff a flex pot to spend, but enable them ...
-
Article
Research 2010: tax-efficient flexible benefits
The recession has seen more employers use the tax and NI savings from flex to fund business initiatives and additional pension contributions, says Debbie LovewellIn September 2009, the government made a shock announcement that it planned to phase out the tax breaks on childcare vouchers from 2011. This caused such ...