All articles by Sam Barrett – Page 7
-
AnalysisHow can employers benchmark their total reward strategy?
Need to know:Benchmarking beyond quantitative pay figures can prove difficult, but employers need to consider a wide range of elements when measuring the success of their total reward package.External comparisons are important, but canvassing internal employee opinion is also integral when deciding on changes and shaping strategy.When updating a total ...
-
Case StudiesZurich uses benchmarking as basis for new reward proposition
Insurance organisation Zurich employs around 5,000 people in the UK. Towards the end of 2016, it decided the time had come to refresh its reward package.Jo Burton, UK employee benefits manager at Zurich, explains: “We’d offered flexible benefits for many years, but had never really changed what we offered, so ...
-
Case StudiesAscential uses incentive-based app to underpin global wellbeing strategy
Ascential is a global business-to-business information organisation. It employs approximately 1,600 staff, 1,000 of which are based in the UK, and introduced a global health and wellbeing strategy, Essential Wellbeing, in March 2018.Essential Wellbeing centres around four key pillars: wealth, health, kind and mind. Each quarter, the organisation takes one ...
-
AnalysisShould organisations incentivise health improvement among employees?
Need to know:Growing numbers of employees expect a reward or incentive for participating in workplace health programmes.Many off-the-shelf initiatives enable employees to collect points for completing healthy actions; these can then be redeemed for various rewards and prizes.Employers should carefully consider the type of challenge and reward being used to ...
-
AnalysisThe benefits and practicalities of an integrated healthcare strategy
Need to know:An integrated rather than siloed approach to healthcare, incorporating mental and physical health, can boost the benefits to engagement and productivity.Employers can reduce the range of treatments needed to support employees, while reaping the rewards of more effective products.External advisers can help to mitigate the logistical issues by ...
-
Case StudiesHäfele UK uses integrated programme to provide for a diverse workforce
Häfele UK has employees in diverse roles and locations, which naturally adds to the already steep challenge in providing for their health and wellbeing needs. Within its 420-strong workforce, 200 employees are based in warehouses, 160 are office-based, and the remainder have field sales roles around the country.Nevertheless, the organisation ...
-
Case StudiesAI helps Causeway employees make informed financial decisions
Causeway Technologies develops software and services for the construction industry, employing around 220 people across four different office locations in the UK and overseas.Employee wellbeing is a key priority for the organisation, and it views employees’ financial health as one of the six key areas of its wellbeing strategy.Fiona Buchanan, ...
-
AnalysisHow artificial intelligence is influencing the world of employee benefits
Need to know:Artificial intelligence (AI) is already transforming the speed with which financial advice is delivered in the workplace, tailoring messages to employees, as well as helping them to make healthier lifestyle choices.In the near future, AI is expected to continue personalising information to increase employee engagement with benefits, leading ...
-
Case StudiesGina Conway Salons and Spas supports employee with cancer
Gina Conway owns three salons with spas across London, employing around 100 people. While her business is all about helping customers look and feel great, she also takes her employees’ health and wellbeing very seriously. Conway is also a partner in AXA PPP healthcare’s SME Work and Wellbeing programme, an ...
-
AnalysisHow can organisations support staff with long-term health conditions?
Need to know:Rather than lose talent, employers should reap the business benefits of catering to employees with long-term health conditions.Organisations should take a universal approach to discussing working structures, rather than singling out those with conditions or disabilities.Flexibility and tailoring are important because each employee will have a different experience ...
-
AnalysisThe changing role of reward in managing the talent pipeline
Need to know: High employment levels are forcing organisations to rethink their employee value propositions, progression pipelines and retention strategies.Demonstrating a long-term commitment, nurturing talent and even providing secondment opportunities can help boost staff loyalty.Flexible working options can be key to appealing to a wide range of employees, not just ...
-
Case StudiesCall of the Wild takes a flexible approach to the talent pipeline
Call of the Wild is a corporate training company based in the Brecon Beacons. Since it was established in 1998, it has grown significantly and now employs more than 30 people running a range of courses from leadership development and team building to first aid.“Managing the talent pipeline is an ...
-
AnalysisWhat does a modern group risk strategy look like?
Group risk benefits, such as life insurance and income protection, have been around for close to 200 years. And, while their objective has not changed significantly, employers are now using them in a much more strategic way.Rather than provide group risk products simply as a perk or to match competitors, ...
-
Case StudiesJeremy Benn Associates offers group risk benefits to support staff health
Looking after the health and wellbeing of its 600 employees is a key focus for Jeremy Benn Associates, a firm of consulting civil engineers and scientists, focusing on flood risk management.Charlotte Parker, HR manager, explains: “One of the benefits we provide our staff is group income protection [provided by] Canada ...
-
Case StudiesSener supports expatriates with wide range of benefits
Engineering and technology organisation, Sener, has more than 2,500 employees around the world. As well as its head offices in Spain, it also has a presence in regions including the UK, Poland, US, Mexico, Morocco, South Africa, South America and the Middle and Far East.To ensure the right expertise is ...
-
AnalysisHow can employers deliver a valued benefits package for expatriates?
An overseas assignment can be rewarding for employee and employer alike. But, whether based in Brussels or Bogota, having the right employee benefits and support for expatriates is a must.For starters, an expatriate remuneration package needs to be attractive. Penny Pemberton, principal at Aon Employee Benefits, says: “[Organisations] compete for ...
-
AnalysisHow to measure the effectiveness of mental health strategies
Need to knowData such as absence, turnover, productivity and benefits usage can give an indication of employee mental health and wellbeing, which can be used to measure the effectiveness of any interventions.Employers should offer as much choice as possible around mental health interventions but also consider different approaches for groups ...
-
Case StudiesKPMG employs range of success measures for mental health strategy
With just under 14,000 employees across 22 regional offices in the UK, monitoring the effectiveness of KPMG’s mental health strategy is a must. Jessica Carmody, head of KPMG’s internal Be Mindful Network, says: “We work alongside our inclusion and diversity and leadership teams to devise an overall mental health strategy. ...
-
AnalysisWhat impact will GDPR have on healthcare benefits data?
Need to know:The General Data Protection Regulation (GDPR), which comes into force on 25 May 2018, will apply to the processing of employees' personal data within healthcare benefits.Employers will need to get data subject consent from employees and inform them of the type of data the employer wishes to collect, ...
-
AnalysisHow to ensure group risk policies comply with state pension age increases
Need to knowEmployers that fail to use the exemption available for group risk benefits allowing cover to cease at the greater of age 65 or the state pension age could find themselves having to fund cover beyond this, or face legal action.Amending a group risk policy is easy, with the ...