All Voluntary benefits articles – Page 5
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OpinionAmber Clayton: The pandemic’s impact on employee voluntary benefits
Covid-19 is disrupting economies and affecting household incomes and mental health alike. With these conditions in mind employers are taking necessary measures to maintain existing talent and ensure both employer and employee can endure. Changing household circumstances have resulted in financial, legal, and dependent care issues, as well as taking ...
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Case StudiesNominet encourages employees to cycle to work
UK domain name registry Nominet is encouraging its 250 employees to get more active with its bikes-for-work scheme. Employees can buy a bike through the organisation’s salary sacrifice arrangement and purchase any model up to the value of £3,000, spreading payments over a 12-month period. Beverley Hamblet-Bowes, HR director at ...
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ArticleReed Smith offers 1,500 employees three months unpaid leave
Law firm Reed Smith is introducing an unpaid leave scheme for its 1,500 employees to deal with the financial constraints of Covid-19 (Coronavirus).The organisation is offering employees the option to take up to three months of unpaid leave. During this time, all benefits such as healthcare and life insurance will ...
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Case StudiesAster balances cost with value to create wide-reaching benefits package
Among the 1,300 members of staff employed by housing association Aster, jobs span from typical head office functions, through to 400 remote trade roles. This diverse workforce has widely varied needs, from the benefits on offer to communications, engagement and awareness.Variety, choice and flexibility are, therefore, key. Holly Coe, head ...
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AnalysisHow to build an attractive benefits package on a budget
Need to know:Although flexibility and choice are important, there are some low-cost, go-to starting points, such as employee assistance programmes (EAPs).It can be worth investing in slightly more expensive products or platforms, to derive the best value in the long run.Communication, packaging and position are just as important as having ...
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ArticleHays Travel launches discount app for 5,400 employees
Sunderland-based travel agent chain Hays Travel has launched a new discount app for its 5,400 employees.The app, provided by Reward Me Now, offers staff up to 18% savings at more than 130 high street retailers, including Debenhams, Currys PC World, and Virgin Experience Days, with no set-up fee or monthly ...
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ArticleAmerican Golf launches points-based recognition scheme for 825 employees
Europe-based golf retailer American Golf has launched a new employee reward and recognition scheme for its 825 members of staff.In December 2019, the organisation launched an e-card and points-based recognition programme, provided by Each Person, across its 99 European locations, as part of an effort to boost employee satisfaction and ...
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ArticleConfessions of a benefits manager: Candid considers discount platforms
One of the consulting firms we work with, Hugely Expensive Consulting, has come out with a new platform for non-cash benefits, such as discounts and vouchers. Meanwhile the Higher Beings, our executive team, have also demanded that we review the executive perks that we offer. That makes another unexpected project ...
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AnalysisHow are employers using voluntary benefits to support employees around the globe?
Need to know:In some markets, such as the UK, voluntary benefits are ubiquitous, while in others they are only just emerging as a resource for attracting and retaining talent.Health and wellbeing is a key area of focus across the globe, and voluntary schemes can be used to supplement local state ...
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Case StudiesTravelex offers a range of benefits to support global employees' needs
Image credit: Kristi Blokhin / Shutterstock.comA Travelex store is a familiar sight for any global traveler; the foreign exchange business operates in 60 countries and has a widespread presence in airports, transport hubs, shopping centres, supermarkets and high streets.With 9,000 employees around the world, the organisation operates its benefits on ...
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ArticleEXCLUSIVE: Dakota Hotels staff save £15,000 through perks platform
EXCLUSIVE: As at 7 November 2019, and since launching a new perks and recognition platform in January 2019, hotel chain Dakota Hotels has seen its 490 employees share 318 moments of thanks and save an estimated total of £15,000 through discounted and free perks.The hotel chain has locations in Glasgow, ...
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ArticleSunny Bird PR employee uses perk allowance for free lunchtime Botox
Something for the weekend: Communications agency Sunny Bird PR provides its seven employees with an allowance each month, on top of salary, to spend on perks as they see fit, which has seen one employee plump up her reward package with free Botox injections.Sunny Bird PR provides staff with £100-worth ...
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ArticleEXCLUSIVE: The majority of organisations do not offer personal insurance benefits
EXCLUSIVE: Most organisations do not provide personal insurance benefits, and few plan to begin, according to research by Employee Benefits.The Benefits research 2019, which was published in May 2019 and canvassed the views of 290 HR decision-makers, also found that of those personal insurance benefits offered by employers, travel insurance ...
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ArticleEXCLUSIVE: Rightio launches new benefits platform for 130 staff
EXCLUSIVE: Plumbing and electrical services organisation Rightio has launched a new benefits platform for its 130 UK-based employees.The platform, provided by Xexec, was implemented on 1 July 2019 with the aim of offering additional value to Rightio’s employees, which include on-the-road engineers and call centre staff.The new platform, which is ...
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ArticleEXCLUSIVE: Seven in 10 respondents offer benefits through optional remuneration
EXCLUSIVE: Seven in 10 (70%) respondents in 2019 offer benefits through optional remuneration arrangements for all staff, according to research by Employee Benefits.The Benefits research 2019, which surveyed 290 respondents and was published in May 2019, also found that the proportion of organisations offering benefits through optional remuneration has only ...
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Supplier articleAre green employee benefits the way forward?
The UK Government recently introduced its refreshed Cycle to Work scheme, designed to help more employees get access to e-bikes for easier, greener journeys to work. The new scheme should also help employees get to work quicker without the stress of traffic. The main message that came with the newly ...
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ArticleEXCLUSIVE: Action for Children launches new employee benefits platform
EXCLUSIVE: UK-based charity Action for Children has launched a new benefits platform for its 7,000 employees, carers and volunteers.The platform, provided by Xexec, was implemented on 1 July 2019, in order to better support the Action for Children's recruitment and retention goals.The platform, which can be accessed via a mobile ...
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ArticleEXCLUSIVE: More than half provide season ticket travel loans
EXCLUSIVE: The most common workplace savings benefit is the season ticket travel loan, provided by 52% of organisations, according to research by Employee Benefits.The Benefits research 2019 report, which surveyed 290 HR professionals, was published in May 2019. It found that, of those that provide season ticket travel loans, 30% ...
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AnalysisWhat are the latest trends in voluntary benefits?
Need to know:As the war for talent increases, voluntary benefits can provide a cost-effective method of creating a package to attract and retain staff.Everyday savings, such as on groceries, tend to be universally popular, but some employers are bringing in discounts on bigger items such as cars and real estate.Employers ...
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Case StudiesPageGroup uses holistic platform to engage employees with voluntary benefits
Recruitment organisation PageGroup's flexible and voluntary benefits platform, MyBenefits, went live in November 2016, and is available to all 1,400 employees across its 26 UK sites.PageGroup provides a number of core benefits to employees, such as life insurance, group income protection and pension contributions; these can then be flexed and ...