All articles by Tynan Barton – Page 25
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Case Studies
Kindred Group adapts end-of-year benefits for remote workforce
As is the case with many organisation, the Kindred Group is still at the planning stage with its end-of-year celebrations and festivities.In previous years, the gambling operator has held large Christmas parties for its 400 UK employees, but with government restrictions placed on large gatherings due to the Covid-19 (Coronavirus) ...
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Analysis
What will festive incentives look like in 2020?
Need to know:Employers are taking a hestitant appraoch to festive incentives this year in light of the challenges that organisations have been faced with.However, employers have placed more importance on employee recognition throughout the year, and many will continue to do so during the festive season.Christmas parties may be put ...
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Opinion
Charles Cotton: Festive celebrations can recognise employees for their hard work and value
Among those employers that responded to the Chartered Institute of Personnel and Development (CIPD’s) 2018 Reward management survey, published in November 2018, 64% organised a Christmas office party or lunch for some or all staff, something that tends to be more widespread in the private sectors, and among small and ...
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Case Studies
Lily's Kitchen serves up a suite of benefits to support employee wellbeing
From happiness packages to an employee assistance programme, Lily’s Kitchen has made innovative changes to its benefits package in 2020 in order to support the wellbeing of its employees.Georgina Cameron, HR director, explains: “I think there has been far more emphasis in the last six months on employee wellbeing, safety ...
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Case Studies
The benefits offered by Lily’s Kitchen
The benefits offered by Lily’s KitchenPensionGroup personal pension plan with matching employee contributions from 1% to a maximum of 8%.Healthcare and wellbeingPrivate medical insurance for all employees, employer paid.Employee assistance programme.Enhanced sick pay up to 26 days per year.Mental health first aider.Family friendly and work-life balanceEnhanced parental leave of ...
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Opinion
Francoise Woolley: Helping staff build resilience during challenging times
The pandemic has had a dramatic impact on our mental health. Figures from the Office for National Statistics (ONS), Coronavirus and depression in adults, Great Britain: June 2020, published in August 2020, revealed that 19.2% of adults in Great Britain are likely to be experiencing some form of depression; the ...
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Opinion
Professor Andrew Smith: The changing nature of work, resilience and mental wellbeing
The Covid-19 pandemic has caused many changes in the nature of work. These challenging times may reduce wellbeing and there is a need to review current knowledge about work and wellbeing, and develop approaches to cope with new issues.The first phase is education and many organisations are now used to ...
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Case Studies
The benefits offered by Natwest Group
The benefits offered by Natwest Group (previously RBS Group):PensionTrust-based defined contribution (DC) pension scheme; employees are awarded 10% of their salary as pension funding.Save More Tomorrow initiative which automatically increases pensions contributions by 1% each year.Defined benefit (DB) pension, closed to new members.Group risk and protectionDisability cover, through the flexible ...
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Case Studies
Natwest Group's benefits agenda reflects its strategy of championing people potential
When Alison Rose was appointed the chief executive of Natwest Group in November 2019, she put forward her purpose-led strategy for the banking group: to champion the potential of people, families and businesses.It is this strategy that has been driving the reward and benefits agenda at the organisation. Sharon Midwinter, ...
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Opinion
Roshani Hill: Private medical insurance market adapted to support employees during pandemic
A landmark deal was struck between the private health sector and NHS England in March 2020 to help the national effort to fight Covid-19 (Coronavirus). Freeing up capacity in private hospitals at that point in time was the right thing to do. But what did these changes mean for medical ...
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Case Studies
Three enhances private medical insurance provision for all employees
Three relaunched its private medical insurance (PMI) scheme in order to equalise its offering for all employees.The telecommunications firm previously had a PMI scheme in place which was only available to certain grades of its employee base. It has been working through a harmonisation project of its employee grades, so ...
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Case Studies
University of Nottingham offers private medical insurance as part of a broad wellbeing approach
The University of Nottingham introduced its private medical insurance (PMI) scheme in January 2019.There were a few reasons behind the organisation's decision to implement the benefit:, explains Ben Hadwin, HR project manager: “We really tried to step up our wellbeing offering in general, and my view is that it’s about ...
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Opinion
William Phillips and Michael Whitmore: Covid-19 brings opportunity to reassess work policies
The Covid-19 crisis has forced many people to change the way they work, with a huge increase in the numbers working from home. As certain restrictions lift, and life for some begins to return to a ‘new normal’, employers may have the opportunity to rebuild work policies to better support ...
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Opinion
Louise Lawrence: What will be important for employers' talent strategies post Covid-19?
If employers do not focus on their flexible working offering, they will lose out on the best talent. Nearly three-quarters of the 1,000 employees and 500 employers we surveyed in partnership with YouGov in January 2020 told us that flexible working was important to attracting and retaining the best talent.It ...
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Case Studies
Siemens uses effective communication to keep employees informed of their benefits
Technology organisation Siemens promotes its benefits offering to potential and current employees as much as possible to ensure that they are aware of what is available to them, and how they can make any amendments to their package.The package is promoted on both internal and external job adverts, and more ...
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Analysis
How can employers form a reward strategy that reflects the current talent market?
Need to know:The effect of the Covid-19 pandemic on the talent market will be felt for a long while yet; employers that are recruiting have had to adapt to virtual, remote methods.The reward package has long been used as a talent attraction and retention tool, but the major changes to ...
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Case Studies
The benefits offered by Direct Insurance Group
The benefits offered by Direct Insurance Group:PensionGroup personal pension scheme for all employees with employer-matched contributions up to 10%.Healthcare and wellbeingEmployer-funded private medical insurance for all employees and their family members.Employer-funded group income protection at four-times salary.Discounted gym membership.Nutritional talks.One free personal training session per week.Fruit delivered three times a ...
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Case Studies
Direct Insurance Group supports employee wellbeing through engagement initiatives
Direct Insurance Group started life as a small, family-built business in 1996 with a handful of staff. It quickly grew considerably to an organisation of 147 employees and achieved its ambition of gaining Lloyds accreditation.The fast growth and expansion of employee numbers placed a bigger focus on the people side ...
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Analysis
Employee options: Share schemes in numbers
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Opinion
Neil Bowden: Employers can manage pension costs when emerging from lockdown
The first step to mitigating pension costs might be a simple one: surprisingly, according to government figures published in May 2020, 40% of employers have not claimed for the national insurance and pension contributions elements available under the Coronavirus Job Retention Scheme (CJRS).If an employer is concerned about their pension ...