All Research news articles – Page 10
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Article
Benefits research 2012: Benefits package
TYPES OF BENEFIT ON OFFERThe evolution and complexity of employee benefits have led to myriad definitions. For the purpose of this research, we have used the following:Core packageThe traditional package of employer paid benefits in which employees can now opt out of, or switchbetween, perks.Flexible benefitsA package of employer-paid benefits ...
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Article
Benefits research 2012: Responsibility and branding
The person responsible for benefits decisions within organisations has changed little over the years. A continuing trend has been the rise in status for compensation, benefits and reward professionals, with these areas increasingly being recognised as an HR specialism. This can be seen in the responsibility given to compensation and ...
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Article
Benefits research 2012: Strategy
Over the past eight years, the benefits market has undergone much development, with many employers now offering vastly different packages from nearly a decade ago. Yet many of the issues and challenges shaping employers' benefits packages remain similar to those experienced back in 2004, when we first carried out research ...
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Article
Employee Benefits/Alexander Forbes benefits research 2012
Download a PDF of the Employee Benefits/Alexander Forbes benefits research 2012Benefits research 2012: Key findingsBenefits research 2012: StrategyBenefits research 2012: Responsibility and brandingBenefits research 2012: Benefits packageBenefits research 2012: Core benefitsBenefits research 2012: Voluntary benefitsBenefits research 2012: Salary sacrificeBenefits research 2012: Flexible benefitsBenefits research 2012: ChangeBenefits research 2012: International benefitsBenefits ...
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Article
Benefits research 2012: Key findings
The aim of this study was to identify which benefits UK employers offer to their staff and how these are delivered.We also wanted to find out the impact of these benefits strategies, along with the key issues and challenges that are shaping them, such as the continuing difficult economic climate ...
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Article
Benefits research 2012: Sponsor's comment: Employees matter most
Staff must be engaged in the design of benefits programmes, says Stephen Watson, head of delivery, defined contribution pensions and benefits at Alexander Forbes Consultants & ActuariesAs I was reading through the results of this year's research, a definite theme started to become clear: value, value and value. Across the ...
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Case Studies
Case study: Volunteering is a revelation for Cancer Research staff
Cancer Research UK avoids traditional team-building days, instead encouraging all of its 3,500 employees to take part in volunteering days away from the office.These include working in Cancer Research shops during the busy Christmas period. Jane Vivier, the charity’s reward and recognition manager, says: “We offer opportunities which benefit individuals, ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Alternatives to flex
Employers continue to be keen on standalone tax-efficient benefits, and interest is growing in total reward statements for employees, says Tynan BartonThe economic climate remains in a state of uncertainty, and it is perhaps because of this that one of the main reasons respondents that have considered implementing flex give ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Administration
As the complexity of flexible benefits schemes increases, a growing number of employers are fully or partly outsourcing plan administration, says Tynan BartonImplementing a flex scheme can be a huge administrative task, so responsibilities are often split between in-house and outsourced resources.This year, it is an almost even divide, but ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Impact of legislation
Employers are finally coming to grips with how to adapt their flexible benefits systems to accommodate the arrival of pensions auto-enrolment, says Tynan BartonThe introduction of auto-enrolment from this October will see many employees enter a pension scheme for the first time, with both employers and employees making compulsory contributions.Back ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Tax-efficient benefits
Changes in tax legislation have made employers more wary about certain benefits, but any tax and NI savings are a strong draw in straitened times, says Tynan BartonSome 85% of employers offer tax-efficient benefits through flex, a small drop from the 90% that did so in 2011. In 2008, this ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Benefits on offer
The number of benefits employers offer through flex is increasing, and childcare vouchers continue to top the table for popularity, says Tynan BartonOffering a voluntary benefits plan or tax-efficient benefits through salary sacrifice arrangements remain the most popular precursors to introducing a flexible benefits scheme.In providing flex, employers must strike ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Structure
More employers are extending flex to staff based overseas, and younger employees are more likely to want to trade their benefits down for cash, says Tynan BartonThe structure of flexible benefits schemes has remained largely unchanged over the years. Back in 2009, the most common way that schemes were structured ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Attitudes
Many employers expect to focus on tax-efficient benefits and better promotion of flex in the year ahead as the economy continues to struggle, says Tynan BartonMost respondents believe a flexible benefits scheme adds value to a business by enabling staff to choose perks that best suit their lifestyles and needs. ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Key findings
This survey, carried out in January 2012, is based on 310 responses from Employee Benefits’ readers and users of www.employeebenefits.co.ukRead more flexible benefits research
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012: Sponsor's comment: Flexible thinking is required
Paul Brown, senior consultant at Towers Watson, calls on employers to make the most of flexible benefits as the economic challenges continueWith the euro crisis continuing to hit the headlines and the UK economy threatening to slide back into recession, there seems no end to the economic gloom. Unless employees ...
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Article
Employee Benefits/Towers Watson Flexible Benefits Research 2012
Download a PDF of the Employee Benefits/Towers Watson Flexible Benefits Research 2012 Sponsor’s commentKey findingsAttitudesStructureBenefits on offerTax-efficient benefitsImpact of legislationAdministrationAlternatives to flexEditor’s commentWith one of the biggest pensions changes in recent history due to begin taking effect from October this year, it is perhaps unsurprising that many employers are currently ...
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Article
Legal and General research: Stress-related absence more likely to be taken by women
Women are nearly three times more likely to take stress-related absence than men, according to analysis by Legal and General.Using Department for Work and Pensions (DWP) statistics, Legal and General found that between October and December 2010, 31,000 women took sick days citing stress, depression or anxiety, compared to 11,000 ...
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Article
Hays research: More than half of public sector workers would sacrifice pension for private sector job
More than half of workers in the public sector would sacrifice their pension for a career in the private sector, according to research conducted by Hays.The Hays Career Outlook Survey showed that although those working in the public sector were fiercely defensive of their pensions, they also found the private ...
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Article
Ernst and Young research: Graduates rank training and development over a large salary
Graduates rank training and development over a large salary when selecting a future employer, according to research conducted by Ernst and Young.An online poll, which registered nearly 600 respondents, showed that 41% of graduates view training and development as the most important consideration when weighing up a potential employer. This ...