All Employee Benefits articles in Web Issue – Page 923
-
ArticleJulia Hanna: Are employees becoming more influential in driving benefits strategy?
Employees are driving benefits strategy in a number of ways: as talent; as employees without borders; as interest groups; as collaborators; and as consumers.Employees are more mobile, educated, technologically enabled and focused on the short term than ever. They want recognition of their needs, involvement, participation and transparency.The world of ...
-
ArticleDuncan Brown: Are employees becoming more influential in driving benefits strategy?
Any self-respecting director of reward will say: ‘Of course. We offer them a flex plan, don’t we (even if take-up is often low); and do lots of interesting generational analysis of our staff engagement survey results (even if we rarely do anything in response).’There is a long history of research, ...
-
AnalysisCaring benefits for a multi-generational workforce
Need to know:Societal changes, especially the ageing workforce, means supporting working carers is a key issue for employers.Employers should take stock of caring requirements within their organisations to ensure staff receive relevant and valuable support.Well-tailored benefits packages could help an organisation to win the race to hire and retain talented ...
-
OpinionKatherine Wilson: Employers cannot afford to ignore working carers
Three million people in the UK combine working with caring for a disabled person, someone seriously ill or an older loved one, according to the 2011 census. Without the right support, the stress and pressure of juggling work and care can force people to leave their jobs.People aged between 40 ...
-
Case StudiesCentrica considers whole family experience to support carers
Utility firm Centrica, which owns British Gas, is one pioneer in the field of eldercare.Alison Hughes, Centrica’s head of HR policy and diversity, says: “Historically, we had a family leave policy that was focused on childcare: maternity and paternity.”While still focused on making parents’ lives easier, Centrica decided to look ...
-
Supplier article
Budget 2016 provides employees with a helping hand towards the cost of advice
From April 2017, the tax and national insurance relief for employer-arranged pension advice will increase from £150 to £500.Jonathan Watts-Lay, Director, WEALTH at work – a leading provider of financial education in the workplace supported by guidance and advice comments: “We welcome any incentive which gives more employees access to ...
-
Supplier article
Are you getting the best from your adviser?
Since January 2013 all advisers have had to charge clients for their services, because they are banned from taking commissions that could influence their recommendations. A deadline for member-borne fund commission for existing schemes was imposed for April 2016.This now presents you with the opportunity to learn more about the ...
-
Supplier article
Automatic enrolment and master trusts among top 10 priorities for TPR
The Pensions Regulator (TPR) has revealed its top ten priorities until 2019 in its corporate plan. These include protecting consumers from poorly run master trusts and ensuring micro employers comply with auto-enrolment.TPR’s top 10 priorities until 2019 Successfully implement automatic enrolmentProtect consumers from poorly run government master trustsEffectively regulate defined ...
-
Supplier article
Changing faces for changed times
by Philip Wood, sales and marketing executive director, Health ShieldNew benefits and services are being added to health cash plans to create extra valueThe need for employees to find a way to cover healthcare costs is certainly not a new problem. Before the introduction of the National Health Service (NHS), ...
-
Supplier article
BHSF marketing manager wins young achiever award
The team at BHSF, the Birmingham-based health and wellbeing business, was celebrating after its Marketing Development Manager was presented with the Young Achiever of the Year Award from the Birmingham Insurance Institute.Marketing Development Manager for BHSF, Chris Snookes beat off stiff competition from insurance professionals across the region to take ...
-
ArticleZonal Retail Data Systems to launch discounts for staff
Zonal Retail Data Systems is to launch a new benefits platform and retail discount programme for its employees.The Scottish hospitality management organisation, which employs more than 400 staff, is introducing the programme to help it to attract and retain talent, and to ensure that the benefits it offers appeal to ...
-
ArticleUniversity of Lincoln introduces car salary sacrifice scheme
The University of Lincoln has launched a car salary sacrifice scheme for staff.The university, which employs 1,600 core members of staff, is introducing the scheme to further enhance its employee benefits offering.The car salary sacrifice scheme, which will sit alongside existing travel benefits, aims to support employees’ commutes to work ...
-
Article59% say CEOs are focused on finances rather than their employees
More than half (59%) of respondents believe that chief executive officers (CEOs) are focused on finances rather than employees, according to research by Coleman Parkes and the Workforce Institute at Kronos.Its The £60bn question report, which surveyed 200 employees, 150 HR managers and 150 business and operations managers, also found ...
-
Supplier article
Can the LISA and pension sit comfortably together?
As announced in the Budget, the new LISA will be available from April 2017 for individuals under age 40. Contributions will be topped-up by the government by 25% with an annual savings limit of £4,000.It can be used for buying a first home (up to a value of £450k) at ...
-
Supplier article
Re-enrolment and the new marketplace
Most of the headlines written around Auto-Enrolment (AE) are rightly focused on the legions of smaller employers who are yet to comply with this new pension legislation. Such stories are of course necessary, yet they perhaps gloss over the needs and requirements of those employers that have already successfully navigated ...
-
AnalysisTop tips for communicating to a multi-generational workforce
Need to know:Targeted messages can help ensure communications are relevant, but they should not exclude any individuals or information.Organisations should take into account employee feedback and campaign data to determine whether an approach is effective for its particular workforce.Utilising a variety of communication channels enables employees to consume information in ...
-
OpinionEvan Davidge: How to engage a multi-generational workforce with benefits
There are several different ways of cutting a multi-generational workforce but most research shows that there are five distinct age segments, ranging from traditionalists (1928-1944) to generation Zs (1995+). A lot has been written about the wants and needs of different generations in terms of how they perceive work and ...
-
ArticleIn numbers: Benefits for a multi-generational workforce
A round-up of statistics on benefits for a multi-generational workforce. 30% of employer respondents offer age-related wellness programmes (Source: Mercer, October 2015) bit.ly/1lyF7ud69% of employers believe regular age discrimination checks and reviewing their pay and benefits from an age perspective are effective or very effective (Source: Mercer, October 2015) bit.ly/1lyF7ud45% ...
-
ArticleA multi-generational workforce presents challenges and opportunities
Few employers now will not have personal experience of having five generations of employees in the workplace – and the challenges and opportunities this presents.Certainly, having members of the baby-boomer generation, and the wealth of knowledge and experience they have amassed during their careers, working alongside members of generation Z ...
-
ArticleTop five benefits to combat employee absence
Need to know:Mental health issues and musculoskeletal disorders are common causes of employee absence.Occupational health services, group risk products, and employee assistance programmes (EAPs) can support ill or absent employees.An effective absence management strategy should incorporate a range of benefits to address different absence issues.The average level of absence per ...