Employee Benefits

APRIL 22, 2024

Digital and technology recruiter Futureheads provides employees with a range of benefits and guidance to help them through any financial pressures. As prices soared last year, it decided to increase the financial wellbeing support it offer and introduced membership to AI money-saving tool Nous for all of its employees.

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Parental Leave Taxes Technology Recruitment 59

Employee Benefits

JANUARY 3, 2024

Credit: Artem Oleshko/Shutterstock Need to know: Employee motivation strategies need to factor in cost-of-living pressures and the increasing need for personal development. Key to achieving this will be finding the most effective ways of engaging and motivating their employees in the year ahead.

Net Pay 119

Net Pay Salary Finance Recruitment 119

Employee Benefits

OCTOBER 25, 2023

Independent waste management business Cawleys has invested in a variety of voluntary benefits to create a working environment that inspires, motivates and supports its employees. Its voluntary benefits provision is supported by a wide range of employer-funded benefits, including reduced working hours for all staff by 2.5

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Voluntary Benefits Bonuses Employee Recognition Recruitment 116

Employee Benefits

FEBRUARY 6, 2023

Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Financial education can be key to helping employees build future financial resilience.

Finance 118

Finance Pension Salary Education 118

Employee Benefits

MARCH 11, 2024

Train tech firm Seatfrog, food brand startup Sessions and event tech startup Venuescanner have introduced new financial wellbeing support for their employees to support them with cost-of-living pressures. The tool identified savings opportunities worth more than £1,000 for some employees at the organisations.

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Bonuses Healthcare Food Salary 64

Employee Benefits

OCTOBER 25, 2023

Credit: Emerge / Shutterstock (1079190161) Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies. So, what support can voluntary benefits offer in uncertain times?

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Voluntary Benefits Benefits Package Benefit Providers Electronics 111

Employee Benefits

MAY 4, 2023

Social care charity Making Space has increased pay by 10%, or the equivalent of £1,950 per year for full-time staff, in order to bring wages up to the level of the living wage. Employees at social care services run by the charity, amounting to more than 1,000 people across England, received the raise in their April 2023 pay packets.

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Employee Benefits

AUGUST 9, 2023

Employers can offer financial wellbeing support based on which benefits are most frequently used, which will highlight prevalent financial issues among employees. Tailored benefits that are personalised to employees’ needs offer an effective form of support.

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Employee Benefits

JANUARY 30, 2023

If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. So, given the ever-growing list of benefits on offer, can an employer end up offering its workforce too much?

Employment 111

Employment Benefits Package Education Salary 111

Workplace Insight

APRIL 30, 2024

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. miles to get to work, there is clearly a need for companies to address the issue promptly by offering ways to financially support commuters.

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Finance Transportation Utilities Salary 59

Employee Benefits

JUNE 7, 2023

The Covid-19 pandemic and cost-of-living crisis have changed which benefits employees value the most and what employers offer. Organisations that balance their own needs with those of their employees are likely to succeed in attracting and retaining talent as an employer of choice.

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Employee Benefits

APRIL 19, 2024

Vehicle windscreen repair and replace firm Autoglass and fast food chain Burger King UK Group are among those shortlisted for the Best financial wellbeing strategy category – large employer at the Employee Benefits Awards 2024. The 22nd annual awards ceremony will be held at the Honourable Artillery Company, London on 14 June.

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Employee Benefits

JANUARY 10, 2024

In the UK, tackling absenteeism in the office requires employers to understand and fulfil their legal obligations regarding the health, safety, and welfare of their employees. The Health and Safety at Work Act 1974 imposes a duty of care on employers to protect their employees from work-related stress.

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Employee Benefits

MAY 1, 2024

With a diverse workforce that spans various ages, backgrounds and lifestyles, tailoring house Huntsman demonstrates its care for its employees’ health and wellbeing through its fitness benefits. The organisation has 60 employees across its Savile Row, London and New York locations.

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Medical Taxes Insurance Recruitment 59

Employee Benefits

MARCH 11, 2024

Employers can offer onsite nurseries , workplace nursery schemes, and subsidised and emergency care provisions to help with childcare. Support for working parents can help with attraction, retention, skills shortages and diversity, equity and inclusion efforts.

Employment 112

Employment Parental Leave Education Recruitment 112

Employee Benefits

JANUARY 11, 2023

It’s all you hear on the news, ‘the Cost of Living Crisis’— a time of sky-high interest rates, food prices, and surreal energy bills. Despite the introduction of price caps and new emergency policies, inflation is likely to still impact your employees. Review Benefit Schemes and Financial Aid. Not sure how?

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Employee Benefits

OCTOBER 9, 2023

It can be affected by several factors, and there isn’t a ‘one size fits all’ approach that works for everyone. The well-documented ‘cost of living’ crisis has left many feeling anxious about their finances, impacting people’s mental health and overall wellbeing. Mental health is complex.

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Employment Pension Finance Consulting 111

Employee Benefits

MAY 10, 2024

Despite the significant support nurses provide to others, recent findings from the NHS Staff Survey have highlighted the challenges they face. Shockingly, two in five NHS staff members report experiencing work-related stress ( 1 ), significantly impacting their wellbeing. Why is Retaining NHS Workers Vital?

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Healthcare Financial Compensation Retail Media 52

Employee Benefits

FEBRUARY 15, 2023

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.

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Benefits Package Pension Education Finance 105

Employee Benefits

APRIL 15, 2024

Law firm Bates Wells and energy supplier Centrica have been shortlisted for Best benefits to support reproductive health at the Employee Benefits Awards 2024. Those who had introduced a new range of supportive initiatives in this area were looked upon favourably.

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Entertainment Banking Medical Insurance 59

Employee Benefits

JULY 31, 2023

Credit: Peter_Fleming / Shutterstock.com Waste management business Cawleys has received living wage employer accreditation as part of a recognition of its investment in staff and commitment to fair pay. As part of this accreditation, every Cawley employee will receive a minimum hourly wage of £10.90.

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Employment Government Human Resources Employee Wellness 97

Employee Benefits

MARCH 2, 2023

Two-thirds (66%) of senior business leaders agree that employers have a substantial role to play in supporting staff through the rising cost of living , and 40% have introduced support measures since the start of 2022, according to research by the Work Foundation at Lancaster University.

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Employment Bonuses Employee Benefits 93

Employee Benefits

JANUARY 16, 2023

Alongside one-off payments and pay rises, employers may want to consider investing in a long-term strategy to ensure the financial wellbeing of their employees. Alongside one-off payments and pay rises, employers may want to consider investing in a long-term strategy to ensure the financial wellbeing of their employees.

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Employment Salary Consulting Pension 105

Employee Benefits

DECEMBER 2, 2022

Employee benefits can not only support staff with their festive spending but can also support employees in managing the cost of living. It’s best to avoid promoting savings on big, unnecessary purchases and focus on how your benefits can help with day-to-day, essential costs.

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Employee Benefits

JANUARY 29, 2024

More want to offer at least a measure of benefit to the whole workforce. Low-cost schemes with major exclusions are popular. Essential benefit The insurance enables scheme members to bypass the 7.6 A post-pandemic trend for employers wanting to boost productivity by getting sick employees back to work quickly is a major driver.

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Benefits Package Medical Insurance Hospitality 110

Employee Benefits

NOVEMBER 23, 2022

Facilities management and professional services business Mitie has launched a £10 million winter support package to help its workforce with the rising costs of living. The employer stated that it is focusing its support on those who need it most, with 40,000 of its lowest-paid employees set to benefit.

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Bonuses Retail Professional Services Salary 105

Employee Benefits

FEBRUARY 15, 2023

Strategic outsourcing and energy services business Mitie has tight margins, but still sees the importance of protecting and supporting front-line staff during difficult periods, meaning it has to focus on benefits that are affordable for the business, but make a real difference to employees.

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Net Pay Benefits Package Bonuses Salary 105

Enjoy Benefits

JUNE 4, 2023

This post takes a closer look at this recent phenomenon, the reasons behind it, and how you can address it if it’s affecting your business. This post takes a closer look at this recent phenomenon, the reasons behind it, and how you can address it if it’s affecting your business. What’s behind the ‘silver exodus’?

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Pension Manufacturing Transportation Benefits Package 97

Employee Benefits

FEBRUARY 28, 2024

Through the scheme, which is provided by Octopus Electric Vehicles, Central Co-op’s company car drivers and car allowance recipients can select a brand-new electric car with no upfront costs. Eligible employees can participate by sacrificing a portion of their gross pay and will be able to save up to 40% on monthly costs.

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Salary Gross Pay Retail Food 64

Employee Benefits

MARCH 8, 2023

The number of people working flexibly has increased drastically since the pandemic; however, as we move on from that, it seems more employers are asking staff to return to workplaces on a regular basis. Many employees have become reliant on not having to travel into work, or deal with the costs associated with it.

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Employee Benefits

APRIL 24, 2023

Restaurant chain TGI Fridays has rescinded its policy of providing free meals for employees working 10-hour shifts, in order to focus on more equitable benefits for its whole workforce. The wider benefits we offer are among the best in the industry. Fridays workers will receive all the support they need from Unite.”

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Hospitality Retail Food Taxes 105

Employee Benefits

NOVEMBER 16, 2022

Housebuilder Barratt Homes is to give an additional £1,000 to 95% of its workforce in order to help with the rising cost of living. More than 6,800 employees under the firm’s grade 5a tier will be eligible for the payment. The support will not change other pay-related benefits , such as pension contributions.

Pension 104

Pension Salary Medical Insurance 104

Employee Benefits

AUGUST 16, 2023

Tesco Ireland has launched a free virtual GP service for its 13,000 employees based in the country and has enhanced some of its existing wellbeing benefits. The post Tesco Ireland enhances staff health and wellbeing benefits appeared first on Employee Benefits.

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Benefit Providers Retail Healthcare Medical 98

Employee Benefits

SEPTEMBER 22, 2023

Two-thirds of UK employees do not feel a sense of connection and belonging at work, according to research by employee engagement and HR technology firm Reward Gateway. Its survey of 1,000 UK employees in organisations with a headcount of more than 100 also found that 24% of respondents often experience loneliness at work.

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Technology Employee Benefits Employment IT 116

Employee Benefits

DECEMBER 5, 2022

Restaurant and grocery chain Itsu has launched a benefits package that aims to support its 1,500 members of staff through major life transitions, including becoming a parent, moving home, and undergoing gender reassignment. Among the benefits it introduced in November was paid leave for various life events.

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Parental Leave Paid Leave Bonuses Benefits Package 105

Employee Benefits

JUNE 1, 2023

Employee turnover can be at a higher rate in the Sales and Recruitment industries; therefore, staff retention is challenging but more important than ever (1). This can also significantly impact staff retention as people are not willing to stay in a position they find mentally overwhelming.

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Recruitment Commissions Finance Employee Benefits 95

Employee Benefits

NOVEMBER 6, 2023

16% have also incurred debts for the first time in their professional lives this year (excluding mortgage debt). However, when it comes to getting help to understand their finances, 41% of employees don’t feel supported by their workplace. The report which surveyed almost 200 companies representing over 1.5

Finance 98

Finance Education Employee Benefits Employment 98