All Total reward articles – Page 151
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Article
Employee Benefits Connect puts the spotlight on the future of reward
Employee Benefits Connect 2016 will offer delegates the opportunity to stay ahead of the game by hearing the latest thinking about the future of reward.The annual event, held on 9 March 2016 at the Lancaster London, provides reward and benefits professionals with valuable opportunities to share ideas and knowledge with ...
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Article
UK Fast offices boast a bar, DJs and giant chessboard
Something for the weekend…UK Fast offers some rather unusual benefits.The digital cloud organisation has kitted out its offices with a giant chessboard, bar and recording studio where its 255 staff can have a break and create music.Its office space also boasts a den where employees can have naps for half ...
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Article
Employee Benefits Awards entry deadline extended
The Employee Benefits Awards 2016 entry deadline has been extended to 29 January 2016.The annual Employee Benefits Awards provide employers with an opportunity to gain recognition for their benefits achievements. There are 23 categories to enter, ranging from pensions and healthcare to voluntary and motivational benefits, and everything in between, ...
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Article
Just 24% are happy with their benefits package
Less than a quarter (24%) of respondents are happy with their workplace benefits package, according to research by health and wellbeing provider Benenden.Its survey of 2,000 employees also found that 28% of respondents believe a good benefits offering increases their loyalty to their employer.The survey also found:23% of respondents say ...
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Article
Enter the Employee Benefits Awards for the chance to be recognised as best in class
The deadline for the annual Employee Benefits Awards closes on Friday 11 December 2015, so don’t delay.The awards ceremony provides the chance to showcase the outstanding work that reward and benefits professionals have conducted over the past year, recognising benefits approaches that have made a significant difference to organisations and ...
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Case Studies
Anglian Water taps into own resources for staff benefits
Anglian Water prides itself on its inclusive culture when it comes to employee engagement and retention, which is why the water supply organisation offers a range of benefits to as many staff as possible. One of its key challenges is offering a benefits package that is both cost-effective and competitive ...
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Case Studies
The benefits offered by Anglian Water
A look at the benefits offered by Anglian Water:PensionTrust-based defined contribution (DC) pension scheme available for all new staff with a salary sacrifice option available.Minimum employee contribution set at 5% with a matching employer contribution of up to 8%.Defined benefit (DB) scheme closed to new joiners.Health and wellbeingPrivate medical insurance ...
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Analysis
Are employers returning to a paternalistic benefits approach?
If you read nothing else, read this...The traditional paternalistic benefits approach, which is based upon employees staying in a job for life, is considered to be expensive and outdated.Benefits strategies have moved towards the approach of offering employees choice and control over their own benefits package.The new paternalism landscape empowers ...
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Opinion
Charles Cotton: Employees need to make informed decisions
Paternalism has become somewhat of a pejorative term in HR. It commonly refers to the slightly patronising attitude that the manager knows best what their employees should have in terms of workplace benefits. Such an approach reminds me of the TV series Downton Abbey, where those living upstairs feel a ...
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Case Studies
Richer Sounds offers unusual benefits to look after employees
Electrical retailer Richer Sounds takes an interesting approach to employee benefits using employer-owned resources; staff have access to holiday homes and the use of the company Bentley.While the benefit of an employer-owned holiday home might at one time have been considered a traditional, paternalistic benefit, the reason for offering it ...
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Article
Paternalistic approach offers a virtuous circle
Some benefits trends come full circle, albeit often in a slightly different guise than their original form.Back in the mid-19th century, employers such as Cadbury and Lever Brothers set up model company towns in order to provide their workforces with affordable housing and social facilities in better areas than they ...
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Article
Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk on 11-19 November 2015: Tesco hires Christmas light untanglerConfessions of a benefits manager: Candid reviews benefits technologyEXCLUSIVE: Getty engages 73% of staff with financial wellbeing53% view flexible working as key part of wellbeingCourt rules holiday does not need to be retroactively recalculated ...
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Article
24% believe better benefits would improve feelings towards workplace
Around a quarter (24%) of respondents believe improved employee benefits would make them feel happier about their place of work, according to research by recruitment firm Adecco.Its survey of 1,054 workers also found that around half (48%) of respondents believe that a salary increase would make them feel happier, while ...
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Case Studies
The benefits offered by TalkTalk
Pension:Group personal pension (GPP) for all employees.Staff contribute a minimum of 2.5% to receive a 5% employer contribution.Healthcare and wellbeing:Private medical insurance (PMI). The executive committee and senior management bands receive free family cover; all other employees have single-person cover with the option to add family members or change cover ...
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Opinion
Dr Valeriya Vitkova: HR involvement is key in mergers and acquisition deals
HR-related issues can be the primary cause of failure for many merger and acquisition (M&A) deals. In fact, Cass Business School’s M&A Research Centre’s study, Successful dealmaking, published in December 2014, shows that HR involvement and key employee retention are among the main drivers of successful M&A deals.Large M&A transactions ...
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Case Studies
Informa involves HR and benefits team in acquisitions
Publishing and events business Informa has made a number of acquisitions in recent years, including US exhibition firms Hanley Wood and Virgo, and UK book publisher Ashgate. Tom Humphris, global support HR director, gets involved around a month before any deal goes through. “We get access to all the information, ...
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Case Studies
Workplace Wellness adopts parallel working after acquisition
In September 2015, RehabWorks bought Right Management Workplace Wellness from Right Management, a ManpowerGroup company.As soon as the deal was announced, the HR teams from both organisations started to think about how to approach the benefits issue, and decided to initially adopt a period of parallel working. Jayne Carrington, managing ...
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Case Studies
TalkTalk looks to provide value to staff through benefits strategy
TalkTalk Group is keen to give its employees better value through its ways of working and its suite of benefits. A key element of the telecommunications provider’s benefits strategy is that employees receive benefits that are perceived to be worthwhile and of value. Sam Kirk, reward director, explains that this ...
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Article
63 per cent name pay and benefits as a top job consideration
Almost two-thirds (63%) of respondents view pay and benefits as a top consideration when moving jobs, according to research by Randstad Sales, Marketing and Retail.Its survey of 10,728 employees, including 630 sales professionals, found that more than two-thirds (69%) of respondents that work in sales roles place salary and employee ...
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Article
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