research – Page 58
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Unum research: Well-communicated benefits packages are essential to employee engagement
Well-communicated benefits packages are essential to employee engagement.According to Unum’s Financial protection research, 91% of companies with high levels of engagement (above 80%) communicate details of their benefits via a face-to-face meeting. Printed handouts were preferred for 64% of highly engaged companies.The research also found that an organisation is only ...
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Scottish Widows research: Pensions vital to employee engagement
Research reveals the importance of pensions provision as an employee engagement tool.Scottish Widows’ Workplace Pension Report found that over two fifths (44%) of employees say the quality of the company pensions scheme is important when looking at potential employers.Furthermore, 63% of employees stated that they would be less likely to ...
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DWP research: Only 28% of private sector firms offer a pension
Only 28% of private sector organisations offered some form of pension provision for their employees in 2009, down from 41% in 2007.According to the Department for Work and Pensions (DWP) Employers’ Pension Provision Survey 2009, which it polled 2,519 private sector employers, most of the decline in overall provision was ...
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Mercer research: Majority of organisations reviewing expatriate benefits
Nine out of 10 organisations are planning to review or revise their global expatriate policies, including benefits and allowances, in order to cut costs.According to Mercer’s ‘International Assignments Survey 2010’ which collects data from over 220 multinational firms across all industries, among all regions, benefits (housing, education and home leave) ...
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Exclusive Mercer research: Technology plays key role in salary sacrifice
More than a third (37%) of organisations are planning to introduce technology platforms to automate their salary sacrifice arrangements in the next 12 months.According to Mercer's Salary sacrifice and technology - evolution research, many organisations will also streamline existing arrangements, while providing greater benefit choice and improved communication through online ...
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Research: One-third of employers engage staff with face-to-face communication
Although nearly one-third (32%) of employers believe face-to-face communication is still the most effective way to engage staff, two thirds use online communication.Aviva UK's Health of the Workplace Four research shows the intranet plays a key role in the communication of employee benefits.Read more articles on voluntary benefits
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Simplyhealth research: Employers target staff health and wellbeing
Almost four in five organisations believe they have a responsibility to contribute to society, which is reflected in their benefits.Of the 257 HR respondents to Simplyhealth's Bothered Britain report, in conjunction with Opinion Matters, 75% believe it is important to address all aspects of staff health and wellbeing.Although 37% of ...
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IDS research: Aim directors' pay breaks £200,000 barrier
Directors of Aim-listed organisations received pay rises averaging 6.1% in the last financial year, and have reached an average of £168,8601.The Executive Compensation Review 354 by Incomes Data Services (IDS), shows the average basic salary of Aim chief executive officers (CEO) has broken through the £200,000 per annum ceiling for ...
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Pension Capital Strategies research: Pensions buyouts total £2.2 billion
Pensions buy-outs totalled approximately £2.2. billion in the second quarter of 2010, according to figures from Pension Capital Strategies.Rothesay Life confirmed the completion of the largest buy-in deal completed during 2010 with the £1.3 billion buy-in of pension liabilities of the British Airways pension scheme. This deal followed the same ...
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Towers Watson research: Staff require pensions of 65% of salary to retire
The average employee expects to need a pension of around 65% of their salary before retirement, according to research from Towers Watson.Around 13% expect to need less than half their final salary, 25% expect to need around half their final salary and 27% expect to need a retirement income of ...
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Medicash research: Men more likely to be absent due to stress
Men are four times more likely than women to phone in sick due to work related stress, according to a survey from Medicash, the healthcare cash plan provider.In the survey of 3,000 workers, 20% of men admitted to taking two sick days in the past month because of stress, while ...
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Hewitt New Bridge Street research: Executive directors’ bonuses rise
While FTSE 100 organisations have continued to demonstrate some restraint when setting executive salaries, the 2010 FTSE 100 Directors’ Remuneration report from Hewitt New Bridge Street shows that bonuses have increased.The annual report shows the median total remuneration for the highest paid director in the FTSE 100 is just under ...
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IPP research: Pay freezes will push public sector staff to the private sector
Nearly two-thirds (64%) of respondents think the two-year public sector pay freeze for staff with a salary of more than £21,000 will encourage movement towards the private sector, says a survey from the Institute of Payroll Professionals (IPP).The research also found nearly half (46%) of respondents feel the pay freeze, ...
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Interview with Samantha Gee, director of resourcing and reward at Cancer Research UK
Psychology training has helped Samantha Gee, director of resourcing and reward at Cancer Research UK, develop the people skills she has employed in a wide-ranging career, says Tynan BartonEarly in her career, Samantha Gee, director of resourcing and reward at Cancer Research UK, discovered that her degree in psychology stood ...
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Employee Benefits/Johnson Fleming Pensions Research 2010
Download a PDF of the Employee Benefits/Johnson Fleming Pensions Research 2010Pensions research: Key findingsPensions research: AttitudesPensions research: Types of schemePensions research: LegislationSponsor’s comment: Be ready for brave new worldEditor’s Comment?In just over two years, the Pensions Act 2008 will begin to be implemented in the form of auto-enrolment, compulsory contributions, ...
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Pensions Research 2010: Key findings
Our survey, which was carried out in June 2010 among readers of Employee Benefits magazine and users of www.employeebenefits.co.uk, received 552 responsesKEY FINDINGS77% offer a defined contribution plan as their main scheme, while 18% offer a defined benefit plan as their main scheme13% have introduced auto-enrolment to boost take-up, while ...
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Pensions Research 2010: Attitudes
A quality pension is still a vital recruitment and retention tool, says Jennifer PatersonOver the past 10 years, respondents' view of employer-provided pensions has not changed much. The top three statements with which employers identify most has not changed in this time, although the order in which they appear has ...
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Pensions Research 2010: Types of scheme
Defined contribution schemes continue their ascendancy, says Debi O’DonovanThe types of pension scheme on offer show how employers continue to move away from defined benefit (DB) towards defined contribution (DC) schemes. Where DB schemes still exist, they are more likely to be a secondary plan (perhaps because it is closed ...
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Pensions Research 2010: Legislation
Employers are starting to get into gear for the 2012 reforms, by Nicola SullivanAs the 2012 introduction of the Pensions Act 2008 comes ever closer, employers must consider what impact it will have on their pension plans. The research suggests employers are keen to ensure the reforms do not mean ...
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PwC research: One fifth of employers intend to reduce fleet choice
One fifth of organisations intend to reduce the choice of car available to employees, according to PricewaterhouseCoopers’ (PwC) Company Car UK report.While the number of organisations offering a car benefit has remained fairly static over the last five years, increasing limits are being placed on vehicle choice and replacement timeframes.Restrictions ...