Research news 1 – Page 33
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Employee Benefits/HSA Healthcare Research 2008
The surveyThe packageSickness absenceAttitudesHealthcare costsEmployee breakdownSponsor's comment by HSA: Employers need to follow through on healthy intentionsBenefits practitioners are likely to be forced to justify their expenditure on healthcare perks over the next few months as organisations tighten their belts to deal with the credit crunch and a deteriorating economy.However, ...
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The Employee Benefits Research 2008
Employee EngagementRecruitment and RetentionBenefits ReceivedValued BenefitsSatisfactionFuture ResponsibilityThe aim of this study was to find out which benefits employees in Great Britain receive from their employers and which ones they value. We also wanted to find out what perks they would like to receive and what factors they think should shape ...
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Employee Benefits/Towers Perrin Flexible Benefits Research 2008
The surveyAttitudesWhat’s on offerAdministrationCommunicationSalary sacrificeSponsor’s comment by Towers Perrin: Give staff ever greater controlThe surveyOur survey, which was carried out in January 2008, received 541 responses from Employee Benefits readers and users of www.employeebenefits.co.uk†††Key Findings81% of respondents believe flex recognises the diverse needs and values of the workforce.54% of respondents ...
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Employee Benefits/SureFleet Fleet Research 2008
Editorial CommentThe surveyAttitudesWhat's on offerCash allowancesHealth and safetyEnvironmental issuesFuture plansSponsor's comment: Safety and green issues drive fleetEditorial commentHealth and safety, and the state of the environment are two key factors that appear high on the agendas of many fleet managers according to our fleet survey. This is hardly surprising given ...
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Voluntary Benefits & Salary Sacrifice Research 2007
AttitudesWhat is on offerSalary sacrificeSourcing providersEmployers' plansSponsor's comment: Delivering what is needed†AttitudesVoluntary perks have an important role to play in adding value to a package, but cost is no longer the big issue it once was, says Debbie LovewellWhen Employee Benefits last conducted research into voluntary benefits in 2005, employers' ...
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Happiness research 2007
Benefits to make staff happyYouGov Employee Happiness IndexHow to drive happiness in the workplaceHow happy workers behaveSatisfaction with benefitsDownload: The Happiness research (PDF 973KB)Benefits to make staff happyEmployers should focus on recognition and reward, including benefits, as well as career development to boost workplace happiness of staffIt is perceived HR ...
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CoreData Research says growth of Sipps is slow
A CoreData Research UK study of mass affluent consumers, financial advisers and group schemes has revealed that only 4.1% of 150 polled schemes plan to introduce group self-invested personal pensions.While 6.1% of schemes were very interested in the potential of Sipps, in contrast, 32.7% were not very interested in their ...
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Employee Benefits/Axa SunLife Pensions Research 2007
Key findingsAttitudesTypes of schemesInvestmentLegislationExtra researchSponsors comment: Fitting tailored messagesDownload: Pensions research 2007 (PDF)It is surprising that 72% of respondents don’t yet measure the return on investment (ROI) on pensions. And of these, just 9% say that they plan to start doing so. In a bid to measure ROI, just under ...
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Cancer Research opts for cashless cafe culture
Cancer Research UK has made its staff cafés and restaurants cashless as a precursor to introducing salary sacrifice on food.The charity will have five sites in and around London with cashless restaurants or cafés, serving around 1,000 staff. Tom Russell, director of strategic resourcing and reward, said: "We have an ...
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Employee Benefits/HSA Healthcare Research 2007
Key findingsThe PackageSickness absenceAttitudesCostsSize of organisationSponsor's comment: Prevention as well as cureWhile employers are increasing the number of healthcare benefits being offered to staff, a fifth of our respondents do not know how much they spend on healthcare and only 5% calculate their return on investment.While it is accepted that ...
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Employee Benefits Research 2007: responsibility & communication
Not too long ago dedicated compensation and benefits roles were few and far between. However, the area has developed into something of an HR specialism in recent years. Our research bears this out with 25% of employers saying that compensation and benefits or reward directors and managers have primary responsibility ...
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Employee Benefits Research 2007: Salary sacrifice & voluntary benefits
Voluntary benefits continue to be pretty widespread with 58% of employers offering discounts on products and services to some, or all, of their staff. This is a similar proportion to our last survey of the benefits strategies of UK employers, in 2004, when 60% of employers said they offered voluntary ...
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Employee Benefits Research 2007: Core benefits
Types of benefit package on offerThe complexity of benefits packages has led to a myriad of definitions. Our research is based on the following:Core package: the traditional package of employer-paid benefits that may allow some flexibility within individual benefits, but staff can't opt out of or switch between perks.Flexible benefits ...
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Employee Benefits Research 2007: Evaluation and attitudes
There is little point in devising a comprehensive benefits package and spending large amounts of money providing perks to staff without evaluating the effectiveness of the benefits strategy. But less than half (41%) of employers actually do so. Larger organisations with more than 10,000 staff are the most likely to ...
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Employee Benefits Research 2007: Flexible benefits
DefinitionFlexible benefits: a benefits package where the employer pays for all the benefits, but the employee can choose from a menu of benefits. The employee will have a set budget to use and, depending on the scheme’s rules, may be able to switch into or out of benefits, or trade ...
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Employee Benefits/JP Morgan INVEST Benefits Research 2007: Strategy
How reward strategies impact on employer organisationsImpact of benefits strategies†To some extentTo a significant extentIt helps improve staff motivation/productivity62%20%It engages staff in the organisation62%18%It is an effective recruitment tool57%32%It promotes work-life balance56%24%It is an effective retention tool55%32%Employees clearly understand our benefits strategy55%30%It is flexible enough to meetchanging business conditions/needs55%25%It encourages ...
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Employee Benefits/JPMorgan Invest Benefits Research 2007
The aim of this study was to find out which benefits UK employers are offering to their staff and how these are delivered. We wanted to find out the impact of the benefits strategies employers use and the issues that shape them. We also wanted to identify the key decision-makers ...
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Exclusive research: staff motivation linked to productivity
Employee engagement and motivation linked to productivity have taken on a new importance over the past three years. This is according to the results of the Employee Benefits/JPMorgan Invest Benefits research 2007, published in the Benefits Book 2007.Benefits are now thought to impact on these areas to some extent by ...
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Exclusive research into salaries and perks for benefits experts 2007
To commemorate our tenth anniversary, we unveil exclusive research polled from the UK’s most comprehensive benefits database that tracks 1.35m staff. It shows that comp and bens practitioners are making massive strides, says Vicki TaylorBasic salary plus all contract-agreed bonusesBetween 1998 and 2006, salary practice in compensation and benefits (C&B) ...
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Towers Perrin acquires global employee research firm ISR
Towers Perrin has acquired global employee research firm ISR.It will now combine its existing consulting and research capabilities with those of ISR.Mark Mactas, Towers Perrin chairman and CEO, said: "With the addition of ISR's capabilities, we can enhance the integrated solutions and metrics we provide to clients across all of ...