All Voluntary benefits articles – Page 6
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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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Article
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 ...
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ArticleAshford and St Peter’s Hospitals launches reward, recognition and retail discounts
Surrey-based NHS foundation trust Ashford and St Peter’s Hospitals has launched a new reward, recognition and employee discount programme for its 3,300 staff.The programme, provided by Each Person, was initially introduced in March 2019 in order to provide employees with an accessible scheme offering a range of valuable benefits; this ...
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ArticleEXCLUSIVE: The Gym Group sees employees save £100,000 through retail discounts platform
EXCLUSIVE: Employees at no-contract gym provider The Gym Group have saved £100,000 since April 2016 by using the organisation’s retail discounts platform.The Gym Group, which has 700 employees, introduced the platform in April 2016 as part of a three-year deal with employee experience organisation Perkbox.Providing access to retail discounts, offers ...
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ArticleKavitha Sivasubramaniam: Promoting and communicating benefits adds to their value
As our Maximising Benefits Week in association with Tusker draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.This dedicated week was designed to bring you exclusive insights and opinions, uncovering the latest trends and best ...
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Case StudiesSevern Trent Water places strong focus on health and wellbeing of employees
Severn Trent Water has positioned its benefits strategy to place a strong focus on the health, wellbeing and engagement of its 6,500 UK and Ireland-based employees.The organisation launched a virtual GP service in December 2018, available through its health cash plan and its contractual private medical insurance (PMI), in order ...
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Case StudiesThe benefits offered by Severn Trent Water
The benefits offered by Severn Trent Water:Pension, protection and payA defined contribution (DC) pension scheme for all employees, offering 2:1 matching contributions and a maximum 15% employer contribution.Group income protection, available for all staff on an employer-funded basis. This operates on a phased reduction model: once an employee's sick pay ...
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ArticleEXCLUSIVE: Moneysupermarket Group launches financial coaching and planning
EXCLUSIVE: Financial services comparison organisation Moneysupermarket Group has introduced a financial coaching and planning benefit for its 750 employees, in order to proactively support their financial wellbeing.The new benefit, provided by Hatch, offers employees a free session with a financial coach; the coach uses a software programme to visualise how ...
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ArticleOnly one day left until Employee Benefits Connect 2019
Employee Benefits Connect 2019, the one-day conference and exhibition for in-house senior HR, benefits and reward professionals, is taking place tomorrow (Wednesday 27 February 2019) at the Park Plaza Westminster Bridge.Delegates will be able to gain insights on and discuss leading trends in benefits and reward, thanks to an extensive ...
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Case StudiesSunrise Senior Living puts recognition at the heart of its benefits strategy
Private residential and nursing care home business Sunrise Senior Living centres its benefits strategy around peer-to-peer and top-down recognition, aligned with its business goals and principles of service.Primarily, this is achieved through the organisation’s Heart and Soul programme, which encourages its 5,000 UK-based employees to recognise colleagues that go over ...
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Case StudiesThe benefits offered by Sunrise Senior Living
The benefits offered by Sunrise Senior Living: Pension, protection and payA defined contribution (DC) pension scheme for all employees, delivered through a master trust. Contribution levels vary depending on seniority.Income protection is available for salaried employees on an employer-funded basis. This pays up to 70% of their basic salary for ...
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ArticleKavitha Sivasubramaniam: Finding flexible ways to reduce financial worries
As our Financial Wellbeing Week, in association with Wealth at Work, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.An increasing number of businesses are recognising the affects of financial worries on employees, particularly the ...
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ArticleAlmost two-fifths of employers do not view financial wellbeing strategies as a priority
Almost two-fifths (37%) of employer respondents that have no plans to implement a financial wellbeing strategy for staff state that this is because it is not a priority, according to research by Close Brothers Asset Management.Its Financial wellbeing index 2019 report, which surveyed 1,003 employers with 200 or more staff ...
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Case StudiesThe benefits offered by Addison Lee
The benefits offered by Addison Lee:Pension and payFive defined contribution (DC) pension schemes, which the organisation is looking to consolidate. These include pension schemes with National Employment Savings Trust (Nest) for approximately 500 employed UK chauffeurs, and with Aegon for management. Contributions vary according to seniority: employees and team leaders ...
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ArticleGrantley Hall launches employee engagement platform
Luxury five-star hotel Grantley Hall has launched a new employee engagement platform to help it attract and retain both local and global talent.The Grantley Gateway platform, provided by Reward Gateway, was initially introduced to the hotel’s 25 employees in September 2018, followed by an official launch in November 2018. The ...