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40% of UK staff would choose a job with lower salary but generous benefits

Employee Benefits

Two in five (40%) UK employees admitted they would choose a job with a lower salary but generous employee benefits , according to research from MetLife UK. Adrian Matthews, head of employee benefits at MetLife UK, said: “Benefits are becoming increasingly more important to employees, and rightly so.

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University of Salford targets communications at specific employee groups

Employee Benefits

It offers pre-retirement seminars focusing on a holistic approach to pensions , tax implications, the psychological impact of leaving work, wills and estate planning, that are primarily aimed at older workers but do get interest from younger staff as well. They pass this on through meetings with each department.

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EXCLUSIVE: Enterprise Rent-A-Car and Centrica promote benefits to support financial wellbeing

Employee Benefits

Employee Benefits Live 2023: Enterprise Rent-A-Car has supported employees during the cost-of-living crisis with a salary increase and conducted a benchmark analysis of its pay and benefits providers. Llewellyn said: “It’s been about getting benefits in a quicker timeframe.

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Exclusive: Welsh government rolls out new employee benefits framework

Employee Benefits

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. It will also offer reward and recognition benefits such as gift cards, vouchers and gift experiences, long-service awards, recognition messages or cards, and lump sums.

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How to support employees’ financial wellbeing on a budget

Employee Benefits

Simply raising salaries is not an option for many, so employers may need to think creatively about how they can provide financial support without breaking the budget. It offers free and impartial help with money, pensions and everyday savings,” he explains.

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How to target financial wellbeing support to employees

Employee Benefits

As a starting point, employers can survey staff to ascertain their situations, and get creative with benefits that can help employees both today and in the long-term, says Steve Watson, director of policy and research at Cushon.

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UK Power Networks uses total reward statements to boost engagement with benefits

Employee Benefits

The TRS outlines what employee benefits have been on offer for the past 12 months.

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