Employee Benefits

NOVEMBER 20, 2023

UK Power Networks uses total reward statements (TRS) to inform and engage its 6,000 employees with its benefits package. Examples of these are our Tusker car initiative, which now has 250 users, and presenting available retail discounts just before Christmas as a timely reminder. Offering choice is key,” he concludes.

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Employee Benefits

MARCH 5, 2024

Credit: bennphoto / Shutterstock.com Retailer Currys is increasing pay for its approximately 10,000 hourly-paid employees as part of an investment into their pay. The retailer has additionally increased minimum pay rates , which will rise to £11.50 Its store-based workers will now earn an average of £12.33 per hour in London.

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Employee Benefits

MARCH 18, 2024

Employee Benefits · Employee Benefits/Egress Podcast Listen: Cybersecurity firm Egress has created a benefits package that offers support for its employees in many different areas of their working lives.

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Employee Benefits

OCTOBER 10, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has announced that it will increase its minimum salary for frontline operations employees as part of a £170 million investment as of 15 October. According to the retailer, the increases mean its minimum starting pay will have risen by 20% in two years, and 50% since 2018.

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Employee Benefits

NOVEMBER 28, 2023

For example, as manufacturers and suppliers of paper hygiene products, Northwood employees continued to work through the pandemic to ensure essential tissue and cleaning supplies were available in businesses and retailers. The average length of service is seven years.

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Employee Benefits

APRIL 25, 2024

Eco-friendly employee benefits We’ve covered our Virtual First Pluxee Card , which is not only an eco-friendly solution but also an incredibly versatile offering. As an employee benefit, your people can earn up to 15% when they use it to purchase goods online or in-store with our vast range of participating retailers.

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Money Talk

AUGUST 18, 2022

Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g.,

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Workplace Insight

OCTOBER 17, 2023

Financial barriers are a major reason why Gen-Z and millennial employees don’t get eye exams done regularly, with the average cost between £20-£25, so employers can include vision insurance in their benefits packages or help cover the cost of eye exams and eyewear.

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Employee Benefits

MARCH 17, 2023

Global online retail organisation Amazon has expanded its programme of employer-paid language classes for employees. In August 2022, it added academic coaching to its benefits package. The change was made in order to reflect feedback from employees. In September 2021, Amazon made a $1.2

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Employee Benefits

MARCH 21, 2023

The last few years have caused many to reflect on how we spend our time, leading to employers having to re-evaluate their employee benefits package. David McCormack, CEO , HIVE360 , explains it’s important to first understand what benefits and support employees value the most.

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Empuls

APRIL 22, 2024

  Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. Comprehensive employee benefit packages are increasingly becoming a deciding factor in job satisfaction and happiness.  This fosters a healthier work-life balance and reduces stress. 

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Employee Benefits

APRIL 17, 2024

Meeting the needs of every employee with an inclusive financial wellbeing solution may seem like a tall order, but your employee benefit package can tick all the boxes. We partner with a vast range of retailers, reducing the cost of the weekly shop, meals out, fitness equipment, wellbeing retreats and more.

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Employee Benefits

MAY 22, 2023

Credit: D MacDonald / Shutterstock.com Garden centre retailer Dobbies has increased the number of mental health first aiders among its workforce to continue enhance support for the wellbeing of its 4,000 members of staff.

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Employee Benefits

APRIL 21, 2023

Online retailer Amazon and financial services firms Wells Fargo and JP Morgan Chase have been named as some of LinkedIn’s top employers to work for in the US in 2023. LinkedIn also recognised it as a top employer in Japan and Spain, where it ranked first, and in the UK, India and Italy, where it ranked second.

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Employee Benefits

APRIL 13, 2023

Credit: William Barton / Shutterstock.com Retail businesses Superdrug and Savers, owned by AS Watson Group, have updated their benefits packages, including introducing financial wellbeing app Wagestream to educate, support and provide flexible pay for employees across both brands.

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Enjoy Benefits

JUNE 4, 2023

Wholesale, retail and customer service occupations are among the industries which have seen the largest changes. An Enjoy Benefits package of support offers a suite of attractive options for older workers who might be thinking about leaving. According to the Office for National Statistics, nearly 3.5 What can you do?

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Employee Benefits

MAY 9, 2024

Discover more here: The Pluxee Cashback Card… the financial benefit for your employees’ household. Then we have the heart of most employee benefit packages – our Employee Discounts Platform. With over 150 retailers onboard, there are endless ways to help working mums and dads stretch their salaries.

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Employee Benefits

OCTOBER 4, 2023

Centrica, meanwhile, reviewed its benefits package to ensure that it is fit for purpose during the cost-of-living crisis and unprecedented times of change. Centrica focused on communication in order to increase employees’ engagement with the benefits they have.

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Best Money Moves

JANUARY 5, 2022

The National Retail Federation estimated shoppers spent between $834.4 If you’re finding that your workforce is struggling after the holiday season, you may try incorporating financial wellness in your benefits packages. Holiday spending can cause headaches for your workforce, even after the season has ended.

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Employee Benefits

FEBRUARY 20, 2024

Beyond these smaller steps, more and more organisations are making the decision to offer fitness memberships as part of their employee benefits packages, to enable their staff to stay fit outside of work. Beyond the benefits of fitness on our mental health and cognitive performance, exercise, of course has many physical benefits.

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Employee Benefits

JANUARY 18, 2024

Employee benefits are a sustainable alternative or addition – especially when they’re cost-neutral. An employee benefits package that enhances financial wellbeing is an affordable way to offer impactful support and can have the same impact on your employees as an increase in pay!

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Employee Benefits

JANUARY 10, 2024

Through membership, staff can access a gym, health club, leisure or sports centre, or exercise classes as part of a voluntary or flexible benefits package. Employers can offer a corporate gym membership on an employee-paid or discounted basis, with many gyms offering membership deals to organisations. Are there any tax or legal issues?

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Business Management Daily

NOVEMBER 30, 2021

They are a great add-on to a business’ employee benefits package and help employees pay for the expenses that they need to stay healthy and care for their loved ones. Requirements for retail purchases made on the card issued by an FSA provider may be a bit less stringent. Health care provider’s name. Date of service.

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Higginbotham

MAY 3, 2024

Employee Benefits : Google offers generous employee benefits packages, including parental leaves that encompass maternity, paternity and adoption leave. In fact, Wegman’s ranked number one on the Fortune Best Workplaces in Retail list in 2023.

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Hppy

JANUARY 17, 2023

One of the key ways to retain employees is through effective compensation and benefits packages. . The purpose of this article is to explore the role of compensation and benefits in employee retention, highlighting the importance of these factors and providing best practices for designing and implementing effective packages.

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Empuls

SEPTEMBER 28, 2023

78 percent of employees agree that the benefits package, including discount schemes, helps them accept or reject a job. 85 percent of employees also believe that their companies do not meet their expectations regarding benefits offered to them in the form of discount schemes or others.

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Higginbotham

AUGUST 15, 2023

As employers look for new additions to their standard benefits package in order to attract top workers, they usually focus on common pain points. Commuting to and from work each day eats up both time and money, making a commuter benefits program an attractive perk. What are commuter benefits? in June 2022.

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Business Management Daily

FEBRUARY 13, 2023

Consider these four scenarios: Scenario 1 Jack works in general merchandise at a big-box retailer. He receives a good paycheck, and the employee benefits program adequately covers his family’s health insurance needs. Benefits Analyze your benefits package, too.

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Empuls

SEPTEMBER 28, 2023

Wondering what kind of benefits are offered to employees in the UK? In this blog, we have described everything from the best employee benefits in the UK to the way an employee benefits package can be designed for employees, the legal regulations, tax compliance and other nuances with regard to the subject.

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Employee Benefits

JUNE 7, 2023

Jamie Mackenzie, director at Sodexo Engage, explains: “When discussing their most-wanted benefits and rewards , employees primarily mention finance-related ones, such as subsidised food and drink at work, subsidised commuting costs and retail discounts.”

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Enjoy Benefits

FEBRUARY 9, 2023

Movie nights and retail therapy Our Discount Club also gives staff up to 40% savings on cinema tickets for special date nights. We hope this blog has convinced you of the wrap-around support that employee benefits offer, helping your staff in every situation and at every stage of their life. Call 0800 088 7315 or use our Contact Form.

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Employee Benefits

MAY 3, 2023

Employee benefits : Have an employee benefits package that offers relevant discounts and services that are in-tune with the challenges and worries facing employees each and every day, including the cost of living.

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Hireology

NOVEMBER 23, 2021

All of these factors create a situation in which attracting and connecting with applicants is more difficult than ever before — particularly for businesses in lower paying industries like retail, healthcare, or hospitality. So what can you do about it?

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Empuls

OCTOBER 11, 2023

For example : The retail giant Walmart has an " Associate of the Month " program where exceptional employees receive recognition, a special parking spot, and a certificate of achievement. Flexible benefits packages Employee benefits are a valuable form of recognition.

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Enjoy Benefits

DECEMBER 18, 2022

The employees then get to pick from a wide range of gift cards for retailers as varied as M&S, Apple, Argos, Amazon and B&Q. Read more about our Employee Rewards Scheme , and if you’d like to add it to your benefits package or find out more, please get in touch with us. . It’s that simple.

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Business Management Daily

NOVEMBER 15, 2021

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Employers are constantly looking for ways to remain competitive in their benefits offerings, and an FSA is a great add-on to your benefits package.

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Empuls

JANUARY 29, 2023

Any additional details While sending a promotion letter, you can include formal documents outlining the promotion conditions, like a new benefits package, etc. It can also help clear any doubts and confusion when the salaries or incentives are given to the promoted employees. Please review and send us back a signed copy.

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