All articles by Tynan Barton – Page 17
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OpinionDr Christine Grant and Professor Gail Kinman: How can employers address presenteeism among a virtual workforce?
Covid-19 (Coronavirus) has presented organisations with a major challenge regarding how they manage and stabilise their staffing resources. Many organisations are experiencing considerable uncertainty during the post-pandemic recovery phase and there are concerns about retention of key staff as individuals re-evaluate their working and personal lives. The move to remote ...
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OpinionJohn Hebblethwaite: Employees need more pensions education
There has been a seismic shift in the pensions landscape since the launch of automatic enrolment and there are now 15 times as many retirement savers who are members of defined contribution (DC) pension schemes compared with the historically more typical sort of defined benefit (DB) schemes.The Financial Conduct Authority ...
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Case StudiesPodcast: Ageas Insurance supports employees' needs with adaptable benefits offering
Listen: Insurance firm Ageas Insurance offers a comprehensive benefits offering in order to attract, retain and motivate its workforce.During the Covid-19 (Coronavirus) pandemic, the employer recognised that the benefits package needed to adapt to meet the changing needs of employees. Phil Wade, head of reward, explains the philosophy behind Ageas' ...
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Case StudiesThe benefits offered by Ageas Insurance
The benefits on offer at Ageas Insurance:Pension and group riskA group personal pension (GPP) plan for all employees, with an employer contribution of 6% of salary, and an employee contribution of 3% or more.Critical illness insurance, employee-paid through flexible benefits scheme.Life insurance for all employees, with the option to increase ...
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Case StudiesUK Power Networks demonstrates value of employment through total reward statements
For UK Power Networks, a total reward statement (TRS) holds two key attributes: the first is that it presents employees with an overall monetary value of their benefits package. The statement gives a breakdown of an individual’s benefits and remuneration for the previous year, and includes elements like pay, bonuses, ...
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AnalysisWhat are the benefits of personalising total reward statements?
Need to know:A total reward statement (TRS) can present a huge amount of information about the employee experience, from salary and bonus to tax and National Insurance savings through benefit schemes.TRSs were traditionally printed but have evolved into digital, real-time accounts.Demonstrating the entire value of an employee’s package can increase ...
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OpinionProfessor Alex Bryson: Has the pandemic changed how to motivate employees?
Debate on how to motivate employees goes way back. Employers have two sets of tools in their toolbox. The first are pecuniary rewards, so beloved by economists, for extrinsic motivation: more money, and linking pay to performance can deliver greater worker effort if designed properly. The second are the non-pecuniary ...
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OpinionJeff Fox: The future of total reward and what businesses need to do today
Over the past 18 months the world of work has changed immensely. The Covid-19 (Coronavirus) pandemic has altered not only our patterns of working, but also the expectations employees have of their organisations.The workforce has adapted to become more agile and flexible, but in order for employees to stay engaged, ...
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OpinionCharles Cotton: Total reward can help attract and motivate staff in a turbulent job market
Under a total reward approach, all aspects of the employee experience are recognised, with focus given to non-financial rewards alongside pay and those perks with a monetary value. Examples of the non-financial elements making up total reward include access to career development training, freedom and autonomy, supportive line managers, recognition ...
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ArticleEmployee Benefits Live 2021 speaker slides
Where speakers have given approval, we have uploaded the speaker slides for the conference sessions at Employee Benefits Live 2021, which took place on 6-7 October 2021 at ExCeL London.Thank you very much to all of the speakers for sharing their ideas, experiences and insights.Keynote speakersJoeli Brearley, founder, Pregnant Then ...
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ArticleEXCLUSIVE: Microsoft introduces leave benefits to support employees through pandemic
Employee Benefits Live 2021: The pandemic forced the hand of employers to look at how to adapt benefit strategies to best support employees through challenging times, said Tim Robertson, Emea compensation and benefits lead at Microsoft.Robertson, (pictured) addressed delegates at Employee Benefits Live 2021, at London’s Excel, in a panel ...
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ArticleEXCLUSIVE: Guys and St Thomas' NHS Foundation Trust increases focus on staff mental health
Employee Benefits Live 2021: Working through a pandemic meant placing more importance on employee wellbeing, said Dr Amanda Mwale from Guys and St Thomas' NHS Foundation Trust.In a panel session titled 'The changing face of benefits in a pandemic', Mwale (pictured) spoke to Employee Benefits Live 2021 delegates at London's ...
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ArticleEXCLUSIVE: BP creates innovative support for working carers
Employee Benefits Live 2021: Initiatives to support working carers do not have to be expensive, and can utilise in-house resources, said Mayur Lalithraj, reward lead and co-chair working parents and carers business resource group, at BP.Speaking in the panel session, 'Strengthening business by empowering working parents and carers', Lalithraj (pictured) ...
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ArticleEXCLUSIVE: Suez Recycling and Recovery builds trust among staff with digital pay system
Employee Benefits Live 2021: Entrusting employees with control over their own pay submissions can have a huge impact on wellbeing and retention, says Michelle Sutton, head of compensation and reward at Suez Recycling and Recovery.Addressing delegates at Employee Benefits Live 2021 session 'Empowering employees through digital transformation' at London's ExCel, ...
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OpinionDiane Lightfoot: Recruiting and retaining diverse talent requires different thinking
The recent Recruitment and Employment Confederation survey, Labour and skills shortages, published September 2021, found that labour and skills shortages are the key issues currently facing recruiters. The impact on lower-paid industries such as hospitality, construction, transport and social care has been well reported. But it is expected that higher-paying ...
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ArticleSusan Gee: Should employers offer extra days off to support employees’ wellbeing?
Wellbeing has been on high on the agenda for the past decade but more recently the pandemic has brought it into sharp focus, with employers recognising that a key component of business sustainability is reliant on employees being fit and healthy.Many organisations use wellbeing benefits to attract and retain employees, ...
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Case StudiesEmployee networks help to strengthen Stagecoach's DE&I framework
For transport group Stagecoach, diversity, equity and inclusivity (DE&I) is paramount to the success of the business. It has many policies in place to support this philosophy including inclusion and equal opportunities, code of conduct and anti-bullying, but it also has a comprehensive framework in place to underpin its approach. ...
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OpinionElaine Bremner: Benefitting from an inclusive culture
When it comes to diversity, equity and inclusion (DE&I) in the workplace, a lot needs to be done to ensure all employees, regardless of their background and identity, feel safe and empowered to bring their true selves to work. CIPHR's Workplace discrimination report, published in September 2021, found that a ...
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AnalysisHow can employer build a formal diversity, equity and inclusion (DE&I) framework?
Need to know:A diversity, equity and inclusion (DE&I) framework should start by looking at the organisation’s overall mission and identifying its key objectives.It can assess how any initiatives and benefits schemes it offers can best support the framework. A DE&I framework should be reflected in all areas of an employer’s ...
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ArticleAverage charity CEO salary increases by 3.6%
The average salary of chief executives in charity organisations rose by 3.6% last year, according to an annual survey by the Association of Chief Executives of Voluntary Organisations (ACEVO).The Pay and equalities 2021 report found that the median annual pay received by CEOs in the voluntary sector increased from £55,993 ...