All Total reward articles – Page 167
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OpinionCharles 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 StudiesRicher 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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ArticlePaternalistic 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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ArticleTop 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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Article24% 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 StudiesThe 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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OpinionDr 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 StudiesInforma 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 StudiesWorkplace 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 StudiesTalkTalk 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
Total reward
The latest analysis, news, case studies and opinion in relation to total reward strategy and total reward statements.
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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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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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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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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 ...