All Total reward articles – Page 152
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Case StudiesCNH Industrial keeps communication simple
CNH Industrial aims to keep communication for its 71,192 staff as simple as possible, to avoid overcomplicating its employee benefits.The agricultural and construction manufacturer held focus groups for employees prior to its September 2013 merger with Fiat Industrial and CNH Global to ensure employees were involved with the design process ...
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AnalysisThe role reward plays in creating a destination employer
If you read nothing else, read this …The ability to attract, retain and hire talented employees helps create a destination employer.Reward packages play a role in all three stages.Reward and benefits strategies must be engaged at an early stage of an employee’s lifecycle, such as onboarding, to help motivate staff.It ...
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ArticleBNP Paribas to discuss benefits alignment at Employee Benefits Live
Ian Mackenzie (pictured), head of pension and benefits at BNP Paribas, will discuss aligning a benefit and compensation strategy to an organisation’s goals at Employee Benefits Live 2015 on 21 September.The session, entitled ‘Developing a benefit and compensation strategy to meet your organisation’s long-term goals’, will examine how to design ...
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ArticleAPL Logistics appoints Ramzan
Shabnam Ramzan has joined APL Logistics as Europe, Middle East and Africa (EMEA) Reward and HR Projects Specialist. She took up the role in October 2016.Previously, Ramzan has worked as compensation and benefits specialist at Hannover Ruck, benefits analyst at Maximus UK and compensation and benefits analyst at Invesco.
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AnalysisDefining and demystifying total reward
If you read nothing else, read this…Total reward includes all elements of financial compensation and all benefits, such as healthcare and pensions, as well as the working environment and staff training and development.An understanding of everything they get for working for an organisation can boost staff engagement and motivation.Better communication ...
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Case StudiesCarlsberg offers staff a refreshing approach to total reward
Nick Court, reward manager at brewing firm Carlsberg, believes that actively meeting staff is what makes benefits professionals understand what employees want and need in terms of total reward.He says: ”Total reward is more than just pay, it is a combination of pay, benefits, culture, learning and development.”Total reward at ...
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AnalysisTop five ways to create an engaging total reward statement
If you read nothing else read this…Employers should choose a suitable method of accessibility of total reward statement (TRS) to engage employees.Personalised content can help make a TRS engaging.Line managers can help communicate details in the statement.Employers can use total reward statements (TRSs) as a way of helping employees gain ...
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Article
65% believe UK staff have low understanding of benefits
Around two-thirds (65%) of UK employers and 43% in the Europe, Middle East and Africa (EMEA) region believe that their employees’ understanding of workplace benefits is low or very low, according to research by Aon Employee Benefits.Its 2015 EMEA Employee benefits communication survey, which surveyed 1,149 organisations across 28 countries ...
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AnalysisWhy employers are transforming specialist reward and pensions staff into benefits generalists
If you read nothing else, read this…Many employers are replacing benefits specialists with generalists.The shift from defined benefit to defined contribution pension schemes is a driving factor.Benefits professionals can broaden their knowledge base by attending conferences and networking with industry peers.Not only did the specialist fear the learning curve involved ...
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ArticleTalkTalk implements total reward statements
EXCLUSIVE: TalkTalk has implemented total reward statements for employees to use on the go.The move, which is part of the launch of a new HR system, Workday, for the employer’s 2,200 employees towards the back end of 2014, allows staff to view their total remuneration package that includes: pay, allowances, ...
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AnalysisIs total reward dead?
If you read nothing else, read this…The relevance of total reward is in doubt because of continued downward pressure on pay. Employers need to focus on better use of data and evidence.Organisations should engage with staff of all generations to find out which benefits they actually want and value. Total ...
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AnalysisTalent wars: How to use reward effectively
If you read nothing else, read this…Skills shortages are back on the agenda, with engineering and technology among those in demand.Businesses are again looking at how they can attract top talent, tailoring their offerings to suit their target employee base.Organisations are increasingly looking to benchmark how their total reward proposition ...
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AnalysisRedesigning an employee value proposition in today's economic climate
If you read nothing else, read this…Regardless of what it offers, an employee value proposition (EVP) must be authentic and true to an organisation’s brand and culture if it is to attract today’s talent.A compelling EVP is less about pay and financial reward, and more about workplace culture, work-life balance ...
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Article
Total reward is dead
Total reward is dead, according to Duncan Brown, head of the UK performance, reward and talent consulting practice at Aon, and Martha How, partner, reward and benefits at Aon.Speaking in a session on ‘The demise of total reward’ at Employee Benefits Live on 24 September, Brown explained that the impact ...
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ArticleSantander evolves reward offering and people brand
Santander is evolving its reward offering for employees. Elliot Rees-Davies (pictured), reward director at Santander, will discuss how the bank has evolved its flexible benefits package over the past two years and its new internal people brand in a session titled ‘Flexible benefits to drive employee engagement’ at Employee Benefits ...
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ArticleTotal reward is outdated
Total reward has served its time because it has not delivered joined-up reward strategies that are relevant to employers and employees.Martha How (pictured top), partner at Aon Employee Benefits and Duncan Brown (pictured bottom), head of the UK performance, reward and talent consulting practice at Aon Employee Benefits, will discuss ...
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ArticleHyder Consulting launches online total reward statements
Hyder Consulting has launched online total reward statements for its 1,000 employees.The statements will be made available via the multinational design and engineering consultancy’s benefits portal HyFlex, which will give employees a summary of what the organisation provides staff.The launch of total reward statements aims to raise awareness and engagement ...
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Article23% believe they offer above average benefits
Just under a quarter (23%) of respondents believe their organisation offers an above average benefits package for employees, according to research by ORC International. Its ORC Employee benefits monitor survey also found that 63% feel they offer benefits that are in line with their peers, while 9% feel they offer ...
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Article
Thales awarded for total reward strategy
Thales won the award for Best total reward strategy at the Employee Benefits Awards 2014.Read why the organisation was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London.
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Article
John Lewis Partnership awarded for total reward statements
John Lewis Partnership won the award for Best total reward statements at the Employee Benefits Awards 2014.Read why the retailer was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London