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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Freedom to choose.

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How can employers ensure reward and benefits enhance the employee experience?

Employee Benefits

Organisations should consider more flexible options including part-time hours term-time work, career breaks and four day working weeks to support their talent management strategy. Covid-19 has underlined the importance of health, increasing demand for products such as life insurance and wellbeing. Benefit variety.

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Top 5 reasons to check your payslip

cipHR

Tax codes can, and do, change, particularly if there’s been a change of personal circumstances, such as people getting married, claiming taxable state benefits, or working from home. For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L.

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Two in five employees are working extra hours as cost-of-living crisis bites

cipHR

New research suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

Retirement schemes aim to facilitate the process of employees accumulating funds for their future years after they exit from active work. As a gesture of gratitude towards their diligent workforce, employers can offer various retirement plans such as 401(k) or pension-based schemes.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate.

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