All Total reward articles – Page 160
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ArticleA matter of starting off on the right foot
Small and start-up organisations are very much like a tight-knit local community in that everyone is likely to know almost everything about everyone else. This makes it much easier to tailor benefits packages to ensure they appeal to the individuals they are offered to.Of course, when they are starting out, ...
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Case StudiesB&CE grows benefits package in line with its culture
B&CE was founded in 1942 as a simple way to help construction workers build up holiday pay. It branched out into offering other financial products, such as pensions. However, it is in the last few years that the business has seen its workforce grow, fast.When the government decided to introduce ...
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Case StudiesCurzon PR develops benefits offering based on employee feedback
Farzana Baduel, managing director at Curzon PR, has always been entrepreneurial. She founded her PR firm, Curzon, in 2009, in part because with a one-year-old child, she wanted the flexibility to balance work with the school run.Baduel’s business grew slowly for the first two to three years. She had previously ...
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OpinionClare Kelliher: Reward packages should adapt to the context in which an organisation operates
How an employer chooses to reward its employees sends out messages, both explicit and implicit, about their values and what is considered important. A well-designed reward strategy can act as an important driver for performance and employee engagement. However, the approach adopted needs to fit with the context of the ...
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AnalysisHow does a reward strategy evolve while an organisation grows at pace?
Need to knowWhen an organisation grows quickly, preserving the culture and benefits offering can pose a challenge.Asking employees what they want can help organisations to develop their benefits package to support their continued growth.Employers can consider ways to upscale the more informal benefits staff receive when they are part of ...
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ArticleThe month in numbers: April 2016
A round-up of the April's employee benefits-related facts and figures:36% of employer respondents offer employees access to financial advice to help them understand their retirement options (Source: Close Brothers Asset Management) bit.ly/1PYOzyH 30% of employee respondents do not speak to their manager about their mental health because they are worried ...
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Case StudiesTalkTalk gets the message across on total reward
Telecommunications organisation TalkTalk introduced a total reward strategy in 2011. As part of the exercise, it introduced banding to achieve clarity and alignment across different sections of employeesSam Kirk, reward director at TalkTalk, says: “We brought all our benefits together at the same time and with great visibility. It helps ...
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AnalysisInfographic: Top five global benefits strategy challenges
An infographic looking at the top five global benefits strategy challenges facing employers (Source: Thomsons Online Benefits’ 2015 Global employee benefits watch, published in October 2015).Read more in How to build a 21st-century total reward strategy.
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AnalysisHow to build a 21st-century total reward strategy
Need to know:Lifting total reward off the page and making it meaningful is an ongoing challenge for reward managers.A total reward strategy is a great way to attract and retain a talented workforce. But it is important to make sure that all benefits are included.When employees understand the value of ...
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Article11: ppl move: Deloitte appoints Erhardt-Lewis
Andrew Erhardt-Lewis has joined Deloitte UK as reward and analytics director. In his new role, Erhardt-Lewis will assist global operations, strive to engage employees, increase returns to shareholders and encourage innovation.He was previously at PricewaterhouseCoopers (PWC), where he held the position of pay and performance director for two years.
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ArticleBNP Paribas and Nottingham City Council make benefits team shortlist
BNP Paribas (pictured), Home Group and Nottingham City Council are among those who have been shortlisted for Benefits team of the year at the Employee Benefits Awards 2016.The award, sponsored by Xerox HR Services, celebrates in-house benefits teams that work together to deliver benefits and rewards that meet the HR ...
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ArticleEmployee Benefits Professional of the Year shortlist unveiled
The shortlist for the Employee benefits professional of the year 2016 award has been announced.This award recognises individuals who have made a significant contribution to the industry.The 2016 shortlist for the Employee benefits professional of the year is:Joanna Bean, head of reward, UK and Ireland at Samsung.Paul Bissell, head of ...
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ArticleEXCLUSIVE: 58% are not confident their benefits package retains and attracts talent
EXCLUSIVE: More than half (58%) of UK employer respondents are not confident that their employee benefits package helps to recruit and retain talent, according to research by Chase de Vere and Lightbulb.The research, which analysed 2,500 UK business records and surveyed 300 employers, also found that around a third (34%) ...
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Article
P5: Key findings
The survey, which was conducted in May 2016 among readers of Employee Benefits and www.employeebenefits.co.uk, received 338 responses. Due to rounding, percentages may not add up to 100.Number of employees in respondents’ organisationsSample: All respondents (338)1,000-4,999: 23%More than 10,000: 19%50-249: 13%250-499: 12%5,000-9,999: 10%10-49: 10%500-999: 8%1-9: 5%Organisation typeSample: All respondents (334)Privately ...
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Case StudiesThe benefits offered by Travis Perkins
An overview of the workplace benefits offered by Travis Perkins:PensionDefined contribution scheme, master trust – contribution levels vary according to seniority level and length of service. A salary sacrifice option is available.Legacy defined benefit schemes.Healthcare and wellbeingEmployer-paid private medical insurance according to seniority, and also available as a voluntary benefit.Employer-paid ...
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ArticleEY, Kingfisher and Scottish Power to speak at Employee Benefits Live 2016
EY, Kingfisher, Royal Bank of Scotland and Scottish Power are among the employers that will be speaking at Employee Benefits Live 2016.Now in its 18th year, Employee Benefits Live offers an extensive conference programme alongside an exhibition featuring leading industry providers, advisers and consultants.Employee benefits professionals will have the opportunity ...
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Case StudiesBibby Financial Services looks to total reward proposition to help it stand out from the crowd
Bibby Financial Services achieved 31st place in the 2016 Sunday Times 100 Best Companies to Work For list, moving up 19 places from its 2015 ranking. This is the fifth time that the organisation has ranked in the top 100.The organisation, which employs approximately 780 people in the UK, shared ...
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Case StudiesGoodman Masson receives external recognition for its innovative approach
Over the last few years, financial recruitment organisation Goodman Masson has received a significant amount of external recognition for its workplace culture, reward strategy and its innovative approach to employee engagement, including first place in Great Place to Work’s UK Best Workplaces 2015, medium category.Goodman Masson engages its 150-strong workforce ...
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AnalysisInfographic: Reasons employees feel ashamed of the organisation they work for
Infographic looking at the reasons employees feel ashamed of the organisation they work for, or have worked for (Source: Public Relations Consultants Association and Opinium research, published in June 2015).Read more in How do benefits impact an organisation's reputation?
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ArticleBenefits can offer a real enhancement
According to Japanese author Haruki Murakami: “Image is everything. You don’t spare any expense to create the right image. And word of mouth is critical. Once you get a good reputation, momentum will carry you.”This is certainly true in the corporate world where reputation can directly impact on the bottom ...