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Benefits to support an older workforce

Employee Benefits

Employers could offer support through a midlife MOT, which provides a health and financial career check to help employees plan for retirement. Pre-retirement coaching can help to educate older employees on how to prepare for life away from work.

Pension 111
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How to target financial wellbeing support to employees

Employee Benefits

The employer savings can be used to help fund financial education, while employees can also be encouraged to save into individual savings accounts (Isas) to help with short-term savings goals, adds Watson. Tailored benefits provide a more effective form of support and can lead to improved employee experience, morale and productivity.

Pension 98
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6 Ways HR Can Make Sure Employees Know About and Use Their Benefits

Hppy

Discuss both short and long-term perks such as healthcare coverage, retirement plans, or professional development opportunities. Utilizing Effective Communication Channels for Benefits Education Getting your message across is another key to effectively conveying the array and impact of employee benefits.