Research news 1 – Page 32
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Employee Benefits Research 2009: changes to employee benefits
Keeping a benefits package fresh is the only way of making sure it remains interesting and continues to appeal to employees for any length of time.The best way for employers to achieve this is to regularly review and monitor their package, with a view to adding perks that staff are ...
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Employee Benefits Research 2009: flexible benefits
Although the popularity of flexible benefits schemes is increasing, growth in this area has occurred more slowly than for other types of benefits scheme. This may be because myths still persist among employers about the expense of implementing flex and the cost of a scheme’s administration, despite advances in flex ...
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Employee Benefits Research 2009: tax efficient benefits and salary sacrifice
Given the tax and/or national insurance (NI) savings available on tax-efficient benefits offered via a salary sacrifice arrangement, it is no surprise that just under three-quarters (72%) of respondents offer their workforce this type of perk. Those that do not must have heard of these savings, so it is likely ...
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Employee Benefits Research 2009: voluntary benefits
Giving employees access to discounted products through a voluntary benefits scheme is a cheap, cost-effective way to provide benefits, particularly for employers that cannot afford to pay for staff perks. But voluntary schemes are by no means the poor relations of the benefits world. Many employers offer them alongside core ...
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The Employee Benefits Research 2009: contents & key findings
Research: benefits strategyResearch: evaluation of and attitudes to benefitsResearch: responsibility for and communication of benefitsResearch: how benefits are offeredResearch: core benefits offeredResearch: voluntary benefitsResearch: tax-efficient benefits and salary sacrificeResearch: flexible benefitsResearch: changes to employee benefitsBenefits Book 2009: Editor's CommentDownload a PDF version of the Employee Benefits Research 2009Note: the pdf ...
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Employee Benefits/Towers Perrin Flexible Benefits Research 2009
Research: who are the respondents; key findingsResearch: attitudes to flexible benefitsResearch: structure of flexible benefits schemesResearch: how flexible benefits schemes are administeredResearch: salary sacrifice in flexible benefitsResearch: alternatives to flexible benefits plansFeature: pensions within flexible benefits schemesFeature: how to communicate flexible benefitsSponsors Comment: Realise the full value of flexEditor's commentOver ...
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Research: alternatives to flexible benefits plans
Voluntary benefits and total reward statements can pave the way for employers to introduce a flexible benefits plan, says Debbie LovewellThere are several commonly accepted steps employers can take to test the water before launching a flexible benefits scheme. Voluntary benefits, for example, enable employers to introduce staff to the ...
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Research: Salary sacrifice in flexible benefits
Benefits that yield tax/national insurance savings can be invaluable, but salary sacrifice may not suit all employees, says Debbie LovewellSuch a high number of employers now offer benefits with tax and/or national insurance (NI) breaks through a flexible benefits scheme, it is perhaps not surprising that the percentage doing so ...
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Research: how flexible benefits is administered
Efficient, cost-effective administration is key to a flex scheme's success, but there is a lot for employers to consider, says Nicola SullivanThe most popular way for employers to administer their flex schemes is using a combination of in-house resources and outsourced services. This is a change from four years ago, ...
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Research: Structure of flexible benefits schemes
How flexible benefits plans are structured has altered in recent years, but the perks on offer are largely unchanged, says Debbie LovewellOver the past few years, the industry’s view of what exactly constitutes flexible benefits has shifted and evolved. Several years ago, the widely accepted definition of a flexible benefits ...
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Research: Attitudes to flexible benefits
Tax-efficiencies, staff engagement, pension reforms and the recession are all shaping employers' attitudes to flex, says Debbie LovewellTax and national insurance efficiencies on employer-paid benefits appeal because of the savings on offer. Where employer-paid benefits are not on offer, these efficiencies can be accessed via salary sacrifice. Some 46% of ...
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Research: Key findings of flexible benefits research
Our survey, which was carried out in January 2009, received 832 responses from Employee Benefits readers and users of www.employeebenefits.co.ukKey Findings36% of respondents say the recession will result in greater pressure to introduce tax-efficient benefits via salary sacrifice, while the same percentage (36%) say they will review providers to get ...
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Bankers are well rewarded, research shows
Investment banks continue to offer a generous reward package despite the financial crisis.Private medical insurance (PMI) is the most commonly-offered perk in the sector, provided by 93% of respondents, according to Aon Consulting's Banking sector report, which surveyed 34 investment banks. More than half (55%) also cover employees' families.The majority ...
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Abbey and Cancer Research UK launch financial education
Abbey and Cancer Research UK have launched financial education programmes to help employees manage their money during the recession.Cancer Research UK's scheme will first roll out its initiative to a group of 60 employees this month and has scheduled further sessions to take place throughout the year. The charity will ...
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Social workplace boosts staff retention, research shows
Promoting a social working environment as an employee benefit could improve staff engagement and boost commitment to employers.A survey of more than 1,000 office workers by employee benefits provider You at Work found that blurring the boundary between work and play can have a positive effect on staff.The Social colleagues ...
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Indepth research: flexible benefits in an SME
Click here to read: Sarah Matthews: Evaluating staff benefits for an SME with a diverse staff populationIf you would like to correspondent with Sarah on this report click here to email her
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Cancer Research staff book desks online
Cancer research UK is piloting a new online hotdesk booking scheme at its head office on London to cut the number of empty desks.It is part of a flexible working arrangement at the charity’s Information Systems department, where many staff take advantage of flexible working arrangements to work from home ...
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Both sexes value healthcare, research shows
Male and female employees place equal importance on an organisation's healthcare provision when deciding whether to move to a new job or remain with their existing employer.Nearly nine-out-of-10 men (89%) and of women (84%) view healthcare benefits as having an important influence on their decision, according to HSA's Healthy Working ...
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Fruit goes down well with staff, research shows
Employees are typically keen to take advantage of wellbeing initiatives offered by their employer. According to the Food glorious food study commissioned by BDGworkfutures, 78% of those who receive free fruit will eat it, 70% make use of a canteen selling healthy-eating options, 38% use in-house gym facilities and one-third ...
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Employee Benefits/Axa Pensions Research 2008
Key findingsAttitudesTypes of schemeInvestmentLegislationSponsors comment: New thinking requiredEditor’s commentEmployers are slowly waking up to the reality of the government’s plans for pensions reform which pave the way for personal accounts, auto-enrolment, and compulsory employer and employee contributions.When Employee Benefits asked employers in last year’s pensions survey whether they would be ...