All articles by System Administrator – Page 52

  • Article

    Motivation - definitions - Team building

    2007-06-20T18:02:15Z

    Team building exercises such as days out or weekends away can help encourage team bonding at the same time as improving staff motivation.These can either consist of work-related training or purely social events to encourage staff to bond away from the office and can result in better employee engagement.As well ...

  • Article

    Motivation - definitions - Internal award ceremonies

    2007-06-20T18:01:21Z

    These can be used to highlight employees’ achievements. Annual staff functions such as award ceremonies and parties can be offered tax-free up to a limit of £150 per employee per year.A recognition award via an internal award ceremony can be the culmination of an employee incentive scheme intended to improve ...

  • Article

    Motivation - definitions - Online accounts or reward cards

    2007-06-20T18:00:16Z

    These work in much the same way as vouchers, but employers can top up the value of employees’ rewards online.Technological developments have enabled several providers to launch credit-card style reward systems, which can be spent at only those outlets that accepts cards from the sponsoring payment provider such as Visa ...

  • Article

    Motivation - definitions - Paper reward vouchers

    2007-06-20T17:58:54Z

    Paper reward vouchers were introduced to the UK in the 1970’s. They have long been key to employee motivation strategies and are available for a huge range of products from groceries; household goods and retail items to activity and experience days.Employers can select which denomination they wish to award and ...

  • Article

    International benefits - definitions - Contracting out

    2007-06-20T17:48:10Z

    Employers are looking at ways to save costs by contracting out the administration of pay and benefits to an overseas operator. However, this practice is only just emerging and confidentiality issues are a consideration.

  • Article

    International benefits - definitions - Relocation packages and housing

    2007-06-20T17:48:05Z

    Relocation packages cover the cost of moving overseas and can also include a housing grant or free accommodation.

  • Article

    International benefits - definitions - Flexible benefits

    2007-06-20T17:38:59Z

    As globalisation continues apace and employees travel and work overseas more frequently, then comparisons between reward packages for the same job may arise. Many companies are looking at rolling out flexible benefits across borders to help standardise benefits provision where they can, although not all benefits can be replicated or ...

  • Article

    International benefits - definitions - Benefits pooling

    2007-06-20T17:38:59Z

    The trend towards globalisation is prompting larger organisations to leverage their purchasing power by pooling a particular benefit or service into one provider. However, not all benefits can be supplied in the same form by the same provider in every country.

  • Article

    International benefits - definitions - Pensions and share schemes

    2007-06-20T17:38:56Z

    These perks need to be examined closely where an employer is being posted overseas. Domestic tax legislation or the rules of the schemes may mean that it is not possible or cost-efficient for employees to continue to be members while posted abroad. The schemes themselves may also not be compliant ...

  • Article

    International benefits - definitions - Travel insurance

    2007-06-20T17:38:54Z

    Employers may decide to rely on travel insurance to provide healthcare cover for employees where they are regularly travelling abroad. However, they may find that where an employee has an ongoing condition this may not be covered.

  • Article

    International benefits - definitions - Private medical insurance

    2007-06-20T17:38:52Z

    This benefit is a must where employees are being posted overseas for any length of time. Given the variable standards of healthcare, depending on each country, it is worth investigating what degree of cover is recommended. Furthermore, employers may want to consider adding cover for family members if they are ...

  • Article

    Healthcare & wellbeing - definitions - Subsidised gym membership

    2007-06-20T17:16:35Z

    Many employers use their buying power to obtain cheaper monthly rates for staff at local gyms.

  • Article

    Healthcare & wellbeing - definitions - Healthcare cash plans

    2007-06-20T17:16:14Z

    A cash plan allows employees to seek treatment for ailments then claim the cost of the treatment back.Healthcare cash plans have a role to play in controlling employee absenteeism.Like Private Medical Insurance (PMI), cash plans are also popular with employees, are an aid to recruitment and retention, and to differing ...

  • Article

    Healthcare & wellbeing - definitions - Employee assistance programmes (EAPs)

    2007-06-20T17:12:52Z

    Employee assistance programmes (EAPs) are designed to provide information and access to counseling services on a range of issues, including stress.An EAP might offer A 24-hour helpline employees can call for confidential advice and some packages also include face-to-face counseling. They are often used as part of a stress and ...

  • Article

    Healthcare & wellbeing - definitions - Health screening

    2007-06-20T17:12:47Z

    A one-off health check to screen for potential health problems.

  • Article

    Healthcare & wellbeing - definitions - Personal accident insurance

    2007-06-20T17:12:45Z

    Insurance cover that pays out a lump sum in the event of an employee suffering an accident covered by the insurer.

  • Article

    Healthcare & wellbeing - definitions - Private medical insurance (PMI)

    2007-06-20T17:04:28Z

    Private Medical Insurance (PMI) is cover that allows employees to get private medical treatment.Employers can provide PMI as a perk or as a management tool to reduce sickness absence, or both.From an employers' point of view, private medical insurance offered to staff ensures they can avoid the waiting lists on ...

  • Article

    Group risk - definitions - Long-term absence rehabilitation

    2007-06-19T15:20:11Z

    Long-term absence rehabilitation is a service that provides employees who are off work for long periods of time with counseling and support to speed up their recovery and return to work

  • Article

    Group risk - definitions - Critical illness

    2007-06-19T15:19:22Z

    Critical illness cover pays a lump sum to an employee if they should suffer a critical or terminal illness.

  • Article

    Group risk - definitions - Income protection

    2007-06-19T15:18:23Z

    Group income protection provides replacement salary if someone is unable to work for 28 weeks or more, prior to this statutory sick pay rates apply. Many providers offer this salary replacement for set periods, such as five years.