research – Page 64
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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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High Court rules long service is contractual benefit in redundancy selection
The High Court has ruled that taking length of service into account when setting redundancy selection criteria is not age discriminatory as it should be considered a contractual benefit.In the case of Rolls Royce versus Unite the Union, the car firm sought to use Employment Equality Age Regulations to claim ...
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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 ...
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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' ...