All Employee Benefits articles in Web Issue – Page 1386
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Supplier articleListen to our podcast on mental health for all: greater investment – greater access.
As COVID continues to dominate the agenda for most organisations, the demand for mental health services is at an all-time high. This inevitably leads to questions about how to meet this immediate demand whilst making wise, long-term investments in the right services. In a recent podcast, timed ...
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Supplier articleAs pension withdrawal rates increase, members need to be aware of the pitfalls of early pension access
Latest figures from HMRC have revealed that 360,000 people withdrew from their defined contribution pensions throughout October, November and December 2020 which is a 10% increase on the same period last year.Jonathan Watts-Lay, Director, WEALTH at work, comments; “These latest figures from HMRC highlight that many more pension scheme members ...
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Supplier articleHow to Ensure your Managers are Empowered
How often do you hear people complain about their managers? Do you feel their grievance is justified?Whether the complaint is valid or not, the very fact that an employee perceives their manager as ineffective presents a problem. Something needs to change.In a recent study, we found that less than 50% ...
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Supplier articleCreating a Win-Win Situation Through Employee Recognition
If you knew that 4 out of 5 of your employees wanted something and that meeting their wish would have a positive impact on your bottom line, you'd seriously consider taking immediate action, wouldn't you?We're not even talking about a pay rise! It turns out that 82% of employees would ...
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ArticleTreasury launches pension age consultation
The Treasury has published a consultation, Increasing the Normal Minimum Pension Age (NMPA), which confirms plans to raise the NMPA from 55 to 57 years by 2028 to reflect changes to the minimum state pension age.The document, published yesterday (11 February), stated: “The government believes that increasing the minimum pension ...
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Case StudiesCASE STUDY: HOW 87% HELPED THE MENTAL WELLBEING OF A LEADING HOUSING ASSOCIATION.
In 2017, two housing associations merged to form VIVID, now Hampshire’s leading provider of affordable homes and housing-related services. At the time, the changes that occur when two organisations come together – duplication of services, inconsistent processes, cultural misalignments – led to some uncertainty amongst its 850 ...
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Supplier articleBusy Bees Benefits: What does the future hold for employee benefit providers?
Wherever possible, it’s important that the people who make up your organisation feel good about themselves and their working environment. Relevant and effective employee benefits must play a key role in this.So what does the future hold for employee benefit providers?Lack of innovationPractical benefitsSalary sacrificeWork-life balanceEmployers offering high-quality employee benefits ...
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Supplier articleBusy Bees Benefits: What is international private medical insurance?
In short, international private medical insurance ensures your employees are looked after by medical experts, no matter where they are in the world. It’s private medical insurance that covers you globally.It appeals to ex pats, in pats, high net worth clients, staff on short- or long-term assignments and anybody that ...
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Supplier articleAchieve greater ROI from your employee benefits scheme
Latest insights from 2000 HR decision makers and employees suggest a disconnect when it comes to benefit relevance and utilisation. Our latest white paper explores the utilisation of employee benefits and the impact of COVID on benefit design. Employee needs and expectations have evolved drastically over the ...
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ArticleMajority of employers support the mental health of working parents
New research has found that of the options employers provide to combat pressures on remote working parents, mental wellbeing support overwhelmingly comes top.Incomes Data Research (IDR) polled workers at 40 organisations during January and discovered that almost all (98%) employers had taken specific steps to help employees with their mental ...
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ArticleSony appoints Sonia Grant-Yendell
Sony/ATV Music Publishing has announced it has appointed Sonia Grant-Yendell as its new VP, human resources (UK & International).Based in the London office, Grant-Yendell will lead the UK and international HR team and will report directly to senior vice president (global human resources) Elicia Felix-Hughey.As well as partnering with Sony/ATV's ...
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ArticlePoll: Two-thirds of employers do not link pay and bonuses to social responsibility goals
Employee Benefits poll: Two-thirds of employers do not link pay and bonuses to social responsibility goals.According to the latest Employee Benefits straw poll, 66.67% of www.employeebenefits.co.uk readers have no scheme under which employees are rewarded through pay rises or bonuses for meeting corporate responsibility targets.However the other third of respondents ...
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ArticleCancer Research UK publishes gender pay gap report
Cancer Research UK has reduced its mean gender pay gap to 15%. The figure, based on a snapshot of employee pay taken on 5 April 2020, represents a significant improvement. The report showed its average gender pay gap was down from 18.7% in 2019 - a drop ...
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ArticleTribunal rules against pay deductions for sub-standard work
An employment tribunal has ruled that a law firm was not entitled deduct money from one of its consultant solicitors because it was unhappy with the quality of their work.Alastair Dobbie, a consultant at London-based Feltons, first raised the case in 2017 (including for unfair dismissal) after claiming deductions were ...
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Supplier articleThe significance of building employee relations in 2021
We all treasure genuine employee relations, be that with a boss or a colleague, you can now call a friend. But why? Forging friendships can help battle the blues, increase productivity and even keep staff turnover to a minimum.With a best friend at work, individuals are ‘seven times’ more likely ...
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Supplier articleCo-op continues to focus on colleague wellbeing with Gympass partnership
Co-op, one of the world’s largest consumer?co-operatives, is bolstering its wellbeing offering for the company’s 62,000 employees by partnering with Gympass, the world’s largest corporate wellbeing platform. The agreement gives Co-op colleagues, the majority of whom are front-line key workers, access to Gympass’ wealth of digital wellness ...
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OpinionDr Rea Prouska: How can employers meet staff benefits needs in the current environment?
The current Covid-19 (Coronavirus) and Brexit crises are creating multiple challenges for employers. While business survival takes precedence in employer agendas, there are crucial employee consequences that also need to be addressed. These include the impact of adverse working conditions on employee motivation, job satisfaction, performance, productivity and on ...
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AnalysisHow can benefits technology be used to meet employee expectations in 2021?
Need to know:Data drawn from employee benefits platforms, HR systems and apps can provide valuable insight into how well benefits are working.Tracking data and employee views over a period of time can help to identify shifts in requirements.Technology is helping to shape strategy in areas such as health and wellbeing.Data ...
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Case StudiesUniversity of Westminster evolves its wellbeing platform to meet employees' needs
The University of Westminster first looked at improving its wellbeing offering after a new vice chancellor made it a priority back in 2018.Having partnered with Everyday Juice Limited, the university rolled out the Juice platform, offering users the ability to book activities and events and access the Juice Health Hub ...
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Supplier articleHow to foster employee morale in the virtual work environment
Formerly the preserve of field sales and support managers, the challenge of keeping a team engaged and motivated while individuals are based in their own discrete locations is now widespread across many organisational departments. Throughout the pandemic, companies have looked for creative solutions that will support employees ...