All Employee Benefits articles in Web Issue – Page 1091
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Article62% believe it is important to design benefits for specific workforce needs
Under two-thirds (62%) of employer respondents believe that it is important to design benefits packages that account for the specific needs of the workforce or drive behavioural change, according to research by Willis Towers Watson.Its Benefits trends survey, which surveyed 1,274 organisations across Europe, Middle East and Africa (EMEA) regions, ...
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ArticleBirmingham City Council to pay 2022 Commonwealth Wealth contractors living wage
Birmingham City Council has confirmed that any contractors hired to deliver works or services for the 2022 Commonwealth Games will be paid the voluntary living wage rate.In a public report delivered to Birmingham City Council on 9 January 2018, the council stated that contracted organisations providing works, services or goods ...
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Article
Infographic: How financially confident male and female employees are about retirement savings
Employees who feel financially unprepared for retirement:Women - 51%Men - 35%Employees who do not have enough salary and benefits to save:Women - 42%Men - 27%Employees who feel well prepared for retirement:Women - 23%Men - 36%Employees who are confident about choosing the right financial product:Women - 36%Men - 45%Employees who have ...
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OpinionCedric Ramat: Measuring employee engagement is not a beauty contest
In 2017, we at Pernod Ricard contributed to the fourth edition of an independent employee opinion survey, run every two years by advisory firm Willis Towers Watson. The 'I Say' campaign consisted of just over 100 questions submitted to all our 18,500 employees across 86 affiliates worldwide, from Paris to ...
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AnalysisHow can share schemes be used as part of an employee engagement strategy?
Need to know:All-employee share schemes can help to boost productivity and employee engagement by demonstrating how individual and team performance can impact on an organisation’s share price and, therefore, the benefit that employees could receive.Employee share plans can be used as part of a global engagement strategy, although the type ...
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Case StudiesAviva uses share schemes to retain and engage employees
Insurance organisation Aviva uses its all-employee share schemes to retain and engage its 28,000 global employees.In the UK, the organisation’s annual UK engagement survey, Voice of Aviva, compiled in September and October 2016, found that the overall engagement score for employees who participated in one of its share schemes was ...
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ArticleTotal pay continues to fall by 0.2% in real terms
Total pay for employees in Great Britain, including bonuses, fell by 0.2% in real terms between September to November 2016 and September to November 2017, according to research by the Office for National Statistics (ONS).Its UK labour market: January 2018 report also found that regular pay, excluding bonus payments, fell ...
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ArticleBolton-based GNB Industrial Power employees to receive 5% pay increase
Bolton-based employees at engineering organisation GNB Industrial Power, who are members of the trade union Unite, are to receive an overall 5% pay rise as well as increases to their basic salary.Employees have been awarded a 2% pay rise, backdated to April 2017, and will receive a further 3% pay ...
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ArticleSavers access £15.7bn through pension freedoms
Retirement savers have accessed approximately £15.7 billion through the pension freedoms since the pension reforms were introduced in April 2015, according to data from HM Revenue and Customs (HMRC).Its Flexible payments from pensions: January 2018 report also found that the number of individuals who have received flexible payments from their ...
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Supplier articleQuick wins for when you're low on time
It’s time to start having some fun with your benefits communications! Have you got benefits that go unloved and unnoticed? Thomsons’ Benefits Experts will pull you out of your communications rut with a series of quick wins. When it comes to benefits they believe: If you’ve got it, flaunt it!Thomsons’ ...
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Supplier article
Share schemes: financial education is a crucial component
Research conducted by ProShare, in partnership with YBS Share Plans, Secondsight and WEALTH at work, shows that millennials (16 to 37-year-olds) often don’t take advantage of share schemes because they think the schemes are outdated, inflexible and unaffordable.Jonathan Watts-Lay, Director, WEALTH at work, a leading provider of financial education, guidance ...
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Article66% predict borrowing and debt management as main financial wellness driver for 2018
Two-thirds (66%) of employer respondents predict that borrowing and managing debt will be the main financial wellness driver for 2018, according to research by Nudge.Its The financial wellness playbook 2018 report, which surveyed 205 UK employers, representing a total of 1,516,733 employees, also found that 92% of respondents believe that ...
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ArticleTop 10 most read stories: 18-24 January 2018
The 10 most read stories on www.employeebenefits.co.uk between 18 and 24 January 2018 were: Byrne Bros to pay £250,000 in holiday pay relating to voluntary overtimeJohn Lewis Partnership reports a 13.9% mean gender pay gapBournemouth University rolls out wellbeing and sustainability programmePersonal Group revamps benefits for its 250 UK staffNorthern ...
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OpinionJo Moffatt: Benefits packages must be properly communicated to engage employees
A true story.A boardroom north of Milton Keynes.“Right guys. We’ve just signed off on a brilliant new benefits package, helping improve our people key performance indicators, as well as saving us money.”“Great. How are we launching it?”“Luckily, we don’t really have to do anything. The benefits provider has thrown in ...
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ArticleShopper Media Group motivates new starters with ‘best first day ever’
Something for the weekend: Retail marketing organisation Shopper Media Group (SMG) decided to roll out the red carpet for its latest staff motivation strategy, as it gave four new employees a treat-laden first day in the office, including a helicopter tour of Liverpool.SMG designed what it felt would be the ...
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Article
Poll: Would you fund a holiday for staff to boost motivation, engagement and team building?
[polldaddy poll=9925738]
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ArticlePoll: 38% plan to introduce new benefits for all staff in 2018
Employee Benefits poll: Over a third (38%) of respondents are planning on introducing new benefits for all of their employees in 2018.A straw poll of www.employeebenefits.co.uk readers, which received 50 responses, also found that 22% of respondents will update their existing benefits provision this year, while 20% will be shifting ...
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ArticleEmployee bonuses and claw-back clauses - will more companies jump on the bandwagon?
Traditionally, an employee's entitlement to a bonus, whether fixed or discretionary, was regarded as a contractual matter. However, more recently, regulatory requirements have seen financial services sector employers imposing clawback and/or malus provisions (which allow the withholding of a sum) to enable the reclamation of part or all of an ...
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ArticleEmployee engagement in numbers
Facts and figures relating to employee engagement.!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script")[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=d+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var r=e.createElement("script");r.async=1,r.id=s,r.src=i,o.parentNode.insertBefore(r,o)}}(document,0,"infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");
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Supplier article
The NHS must move from a treatment model of care to one of prevention
We’ve all seen the apologies from the Government, as the NHS struggles to cope with winter demand. Increasingly, people are starting to recognise the importance of preventive healthcare as part of the solution; as this Guardian article comments: “The NHS must move from a treatment model of care to one ...