All Research news articles – Page 49
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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 ...
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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 ...
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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 ...
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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 ...
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Research 2010: how flexible benefits schemes are administered
A minority of employers administer flex fully in-house, but many still claim not to know how much their scheme costs to run per employee, says Debbie LovewellThe proportion of respondents that manage their flexible benefits scheme fully in-house has been on a downward trend over the past five years. Five ...
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Best Companies Research: Employees are less happy with benefits year on year
Employees are not as happy with the benefits they are offered as they were a year ago.Data collated so far for this year's Best 100 Companies to Work For survey took an average score over four statements put to respondents to find an overall 'fair deal' score.†The statements were: 'I ...
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Research: Employee engagement and motivation are key priorities in 2010
Employers’ key priority for benefits communication in 2010 is influencing employee engagement and motivationAlso high on the agenda is increasing staff perception of the value of benefits (67%), increasing employee appreciation of the benefits package (54%) and boosting take-up of available benefits (40%), according to Accor Services’ Future of benefits ...
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Buck research: Pension de-risking to accelerate
The transfer of pension scheme liabilities is likely to accelerate over the next three years as companies struggle with deficits, reported a joint survey from Buck Consultants and the Economist Intelligence Unit (EIU).The Future of corporate pensions survey found more than a quarter (27%) of company pension schemes plan to ...
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Hymans Robertson research: pension risk transfer market to double
Pension scheme risk transfers deals worth £7.7bn were completed in 2009, and this figure will double in 2010, according to research from pensions consultancy Hymans Robertson.The survey, Managing Pension Scheme Risk Report 2009, showed that the longevity swaps market took off last year with deals covering £4.1bn of pension scheme ...
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CIPD Research: Many employers up benefits spend despite the recession
Many employers increased their benefits spend last year despite the recession, according to research by the Chartered Institute of Personnel and Development (CIPD).Some 40% of respondents to its Reward Management Survey 2010 said they had increased their benefits spend in the past 12 months. Those in the voluntary sector were ...
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IFF research: Most employees expect to retire between ages 61 and 65
Between ages 61 and 65 is the most popular age bracket in which employees expect to retire, regardless of how much they earn.More than 40% of respondents said they expected to retire between age 61 and 65, according to the Attitudes to Work survey by IFF Research.This attitude emerges regardless ...
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B&CE research: low opt out for auto-enrolment
Nearly two thirds of employees in the construction industry intend to contribute to the National Employee Savings Trust (Nest) pensions plan, according to research from B&CE, the employee benefits provider to the construction industry.Respondents, who are B&CE clients, indicated that 72% of them intended to contribute 4% of earnings and ...
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Group risk perks valued, research shows
Employers still feel morally obliged to protect staff by providing group risk benefits, despite the difficult economic climate over the past 12 months.Just over one-third (36%) of employers that offer group risk benefits do so because they feel obliged to look after staff and their families, according to Group Risk ...
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Workers value a good atmosphere, research shows
A good atmosphere in the workplace is the most important factor for employee satisfaction.In the Attitudes to Work survey of 472 UK public and private sector workers by IFF Research, a good atmosphere was rated as very important by 82% of private sector workers and 88% of those in the ...
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Tom Russell departs Cancer Research
Tom Russell is leaving Cancer Research UK on 4 December after more than five years with the organisation.In his most recent role as director of HR performance programmes,Russell was responsible for employee reward and recognition, among other HR duties. Prior to this, he held the role of director of strategic ...
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Mercer research: Employers offer staff choice of benefits
Almost half of UK employers now give employees some form of choice in the benefits they receive, and a quarter of the remainder are also considering doing so, according to research by Mercer.The global survey, of more than 1,700 organisations, showed that the trend to offer benefit choice was notably ...
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Research: Age still a sticking-point for employers
Many employers are nervous of discussing age issues with workers as they approach retirement, according to research by the Institute for Employment Studies (IES) and the Policy Studies Institute.However, the An Ageing Workforce - The Employer's Perspective study showed that many businesses are open to making adjustments to the workplace ...
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Aon research: Pension schemes seek greater risk management
Pension schemes are beginning to adopt broader risk management practices to help achieve strategic goals during the volatile times, according to Aon Consulting.The risk management and employee benefits consultant is employing enterprise risk management (ERM) within a growing number of pension schemes. Rather than focusing solely on the financial risks ...
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Employee Benefits research: Pension reforms will not fix crisis
The government still has a long way to go to convince all employers of the merits of the pension reforms that are due to come into effect in October 2012 under the Pensions Act 2008.Just 10% of respondents to the Employee Benefits/Hymans Robertson Pensions Research 2009 believe the reforms, which ...
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Aon Consulting research: Pay rise preferred to perks
Nearly half of UK workers (47%) would welcome the chance to trade down their benefits in order to increase their pay.According to the Benefits Omnibus survey by Aon Consulting, which canvassed 1,300 working adults, 47% were more concerned about the immediate future and ensuring they had as much take-home pay ...