All Voluntary benefits articles – Page 5
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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 ...
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AnalysisSacrificing salary: Voluntary benefits in numbers
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ArticleSouth Central Service NHS Trust launches new cycle scheme for 3,300 employees
Ambulance organisation South Central Service NHS Foundation Trust (SCAS) has launched a new bikes-for-work scheme to boost the health and wellbeing of 3,300 employees serving the counties of Buckinghamshire, Oxfordshire, Berkshire and Hampshire.The new scheme, provided by Green Commute Initiative (GCI) and launched on 2 July 2019, is available to ...
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Newcastle Upon Tyne NHS Foundation Trust streamlines voluntary benefits platform
XXX WAITING FOR IMAGE XXXWhen Fiona Lee, salary sacrifice and staff benefits manager at Newcastle Upon Tyne NHS Foundation Trust, joined the organisation in July 2013, the Benefits Everyone platform was not user-friendly. Despite dealing with a limited budget, the Trust needed to simplify and modernise the way it packaged ...
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ArticleEXCLUSIVE: Two-fifths have seen no impact following salary sacrifice changes
EXCLUSIVE: More than two-fifths (43%) have not see any impact from changes to salary sacrifice arrangements, according to research by Employee Benefits.The Benefits research 2019, which was published in May 2019 and canvassed the views of 290 HR professionals, found that the proportion of respondents that have not felt the ...
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Case StudiesThe benefits offered by Inspired Villages
The benefits offered by Inspired Villages:Pension, protection and payA defined contribution (DC) pension scheme is available for all staff through auto-enrolment; contributions are set at the statutory minimum of a monthly 5% from employees and 3% from the employer.Life insurance, at three times an employee’s base salary, is available on ...
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ArticleSandwell Council and University of Lincoln shortlisted for Best voluntary benefits
Newcastle upon Tyne Hospitals NHS Foundation Trust, Sandwell Council and the University of Lincoln are among the organisations shortlisted in the Best voluntary benefits category at the Employee Benefits Awards 2019.This accolade will celebrate the most effective use of a voluntary benefits plan within an organisation, including staff offers that ...
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ArticleCrown Agents Bank to implement new benefits platform for 150 employees
Crown Agents Bank (CAB) will implement a new benefits platform in June 2019 for its 150 employees.The platform, provided by Zest Technology, has been designed to offer employees easy and flexible access to both existing and new benefits at times that are relevant to them. The platform will help CAB ...