Employee Benefits

NOVEMBER 11, 2022

Professional services firm PricewaterhouseCoopers (PWC) has introduced a new shopping discounts portal for its 22,000 UK employees, as well as hosting virtual events to help support financial wellbeing. Alongside this know-how, we are also providing targeted financial support to help our people over the winter.”

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Employee Benefits

APRIL 25, 2024

Sustainability is at the heart of all we do at Pluxee UK, and we’re constantly striving to innovate our products to provide eco-friendly employee benefits. Read on to discover how sustainable, cost-effective and eco-friendly employee benefits can help your business thrive.

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Employee Benefits

FEBRUARY 15, 2023

Insurance group Zurich UK has introduced a package of financial wellbeing support for its 5,000 UK employees, and has donated more than £2 million to charities and national and local partners selected by employees. This includes providing flexibility around benefits as well as guidance on how to manage finances.”

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Employee Benefits

SEPTEMBER 6, 2023

Given cost of living worries and the notion this may be impacting pension savings, WEALTH at work conducted research* with employees to find out their thoughts into what’s happening in reality. It’s therefore more important than ever to ensure employees are engaged with their pensions.

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Employee Benefits

APRIL 28, 2023

In today’s world, the employee is in the driving seat and organizations need to provide best in class benefits to retain their top talent. Gen Z is the most effected by the global decline that came from the pandemic, 75% of young employees feel anxious about their current financial situation, and 41% are living paycheck to paycheck.

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Finance Education Healthcare Technology 98

Employee Benefits

OCTOBER 11, 2023

Need to know: When gathering feedback, striking a balance between anonymity and usefulness of the data is key, as is being transparent with how this balance is achieved with employees. When it comes to employee engagement , retention and performance, the employee benefits package plays a crucial role.

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Pension Benefits Package Salary Employee Benefits 105

Employee Benefits

AUGUST 7, 2023

The Covid-19 pandemic and cost-of-living crisis have meant that graduates are also looking for wellbeing and financial benefits. Being aware of available support and inclusive benefits can be attractive even if graduates are unlikely to need them for a while.

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Employee Benefits

NOVEMBER 15, 2023

Need to know: Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge. They could invest in financial coaching for a more personal approach to pensions education. What is surprising is the lack of knowledge that employees have about these.

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Best Money Moves

MAY 31, 2023

3 ways financial stress impacts different generations. Learn more about how financial stress can vary across generations — plus what you can do to dial down your employees’ financial worries. After all, the financial needs of a Gen Z employee are going to be different than those of Baby Boomer.

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Employee Benefits

SEPTEMBER 27, 2023

The Reward & Employee Benefits Association (REBA) in association with WEALTH at work has launched the second in its series of workplace research – Financial Wellbeing Research 2023*, with responses from almost 200 companies representing over 1.5 million employees.

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Best Money Moves

SEPTEMBER 5, 2023

Learn more about the effects of wealth inequality and how organizations nationwide are working to promote racial wealth equity. These three strategies target common sources of racial wealth inequality in order tp create a more equitable landscape for all employees. Target housing inequality with mortgage resources and advising.

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Employee Benefits

NOVEMBER 20, 2023

Offering choice regarding how a total reward statement is delivered to an employee is key to ensuring effective engagement. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them. New employees may find navigating a new working environment confusing.

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Employee Benefits

JANUARY 8, 2024

Employees can also gain through personalised recommendations and support with questions. AI-driven data insights can identify which benefits are working well, which need to be changed and which may need some additional communications support.” But concerns remain over data security and the lack of emotional intelligence in AI.

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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). Working in the Sales and Recruitment industries can take a toll on employees’ mental wellbeing due to the repetitive nature of the job and potentially frequent rejections.

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Employee Benefits

JANUARY 16, 2023

In 2022, London-based law firm Shoosmiths not only gave its employees a discretionary thank you payment equal to 3% of their salary in May, but also awarded them a £1,000 cost-of-living payment in September. We have a target to pay all employees 5% of their basic salary for the financial year in question.

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Employee Benefits

MARCH 1, 2023

Home to brands like Oreo and Cadbury, and 80,000 employees across 80 countries, there is a huge need for a sophisticated talent attraction and retention offering. Mondelēz’s Rewards team sought to centralize its systems and fuel stronger wellbeing and engagement across the company, particularly among its offline workforce.

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Employee Benefits

DECEMBER 4, 2023

Employers should be aware that the festive season does not mean the same thing to every employee. Creating a supportive, flexible work environment can help employees with increased stress and emotional challenges at this time of year. “They should also be specific about the changes that they have observed.

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Best Money Moves

JANUARY 31, 2023

3 ways to improve your employee retirement benefits. Here are three key ways to support your team with better retirement options. Almost 4 in 10 employees say they’re not confident about reaching their retirement goals, according to a 2022 Bank of America report , and even more are unsure if they have enough savings to retire.

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401(k) Retirement Plan Banking Finance 105

Employee Benefits

JANUARY 23, 2024

And, considering the very likely potential that all workplaces will be impacted by cancer at some point, how can employers best support their workforces? Right now though, NHS wait times for a diagnosis remain problematic in many areas, with missed targets for referrals, diagnosis and treatment. For example, 74.0%

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Employee Benefits

APRIL 2, 2023

With heavy workloads, long hours and pressure to meet targets among the key triggers that can lead to a mental health issue for employees, David McCormack, CEO of HIVE360 shares his thoughts on what employers can do to support staff in protecting their mental wellbeing. Stress isn’t avoidable but it is manageable.

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Employee Benefits

MAY 16, 2023

Need to know: Employees are set to struggle with juggling work and childcare as the annual school summer holidays approach. Employers can help by offering flexible work arrangements, discounted leisure and dining vouchers, and signposting staff to government support. Flexible-working arrangements are an obvious place to start.

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cipHR

OCTOBER 30, 2023

Stress is, unfortunately, part and parcel of working life – but there are steps you as an HR professional can take to mitigate its impact on the employees in your organisation and reduce the amount of stress they face at work. The majority (84%) of these respondents said that work was to blame in some way.

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Employee Benefits

FEBRUARY 7, 2024

Collecting employee feedback is key to structuring a total reward strategy and offering benefits that appeal to an entire workforce. There are multiple ways to communicate a strategy, such as a total reward statement and personalised notifications from benefits platforms based on employees’ needs. So, how can employers achieve this?

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Empuls

FEBRUARY 26, 2024

💡 Let's kick off with a reality check: A Mercer report says, despite the implementation of various support systems, only 59% of workers express satisfaction with the alignment of their benefits to their needs.  It also caters to individual preferences, acknowledging that different people thrive in different environments.

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Best Money Moves

JULY 12, 2023

5 surprising statistics about employee financial wellness. Employee financial wellness has a big impact on employee wellbeing and productivity. adults about their personal finances and financial stress. adults about their personal finances and financial stress.

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Finance Salary Employment Employee Wellness 80

Employee Benefits

MAY 1, 2023

Employee Benefits · Employee Benefits/Ogi podcast Listen: For Ogi, the Welsh broadband and internet service provider, a comprehensive benefits suite is a key tool in its talent attraction strategy. It has 184 employees with an average age of 39. The business is an infrastructure investor, and an internet service provider (ISP).

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Best Money Moves

AUGUST 18, 2021

In a multi-generational workforce, it can be difficult to find employee benefits that address the needs of every employee. It’s no secret that employees of different generations expect different kinds of support from their employers. Meanwhile, older employees will have greater concerns about retirement. .

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Employee Benefits

NOVEMBER 17, 2022

Manchester-based software service firm Mobysoft has given employees earning up to £35,000 a £1,200 cost of living support payment to help combat the effects of the current cost-of-living crisis. We truly believe that this exemplifies our human values and our commitment to supporting employees.”.

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Employee Benefits

JANUARY 26, 2022

Jonathan Watts-Lay, Director, WEALTH at work, comments; “Employers and Trustees must intervene and engage with their employees much earlier in order to make a real difference to their retirement decisions! This can be delivered face-to-face or online and utilises digital nudge technology to encourage employee engagement and participation.

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Employee Benefits

FEBRUARY 8, 2022

Author Name: Tracey Ward, Head of Business Development and Marketing at Generali UK Employee Benefits. 1 Meanwhile, for employees, all of this is only serving to add to all the change and perceived uncertainty currently faced in their working lives, not to mention the very tangible pinch as UK inflation hits a 30 year high.

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Employee Benefits

MAY 17, 2023

Interest in employee ownership and share schemes is increasing from employees. These schemes can be a great motivation and engagement tool by giving employees greater involvement in the business. And how much value do employees place in holding a stake in their organisation?

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Taxes Bonuses Salary Pension 64

Employee Benefits

MARCH 15, 2023

” In order to support those who have left the labour market and returned in order to supplement their income or build up retirement savings, the government also increased the money purchase annual allowance to £10,000. ” He added: “This is a comprehensive plan to remove barriers to work.”

Pension 59

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Employee Benefits

DECEMBER 11, 2023

WEALTH at work outlines below the top 10 pension mistakes individuals could make, to highlight what employees facing retirement may need support with. This made sense when the majority bought annuities, as they didn’t want to risk a market crash’s impact on their savings just before retirement. billion in 2018 to £26.6

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Business Management Daily

MARCH 11, 2021

The pandemic has created many unique challenges for employees and workers. One such area that has received increasing focus is on employee mental health. Even more specifically, how employee benefits plans and policies do, or don’t, support it. Employees want a work-life balance, but to remain connected.

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Employee Benefits

JULY 6, 2023

How would you feel if you discovered your company was unintentionally wasting a significant portion of your salary? Workplace pension contributions are fantastic as a concept, offering long-term financial stability and nurturing a productive and motivated workforce. We’re guessing you’d be pretty angry and upset about it.

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Vantage Circle

DECEMBER 5, 2023

Moreover, it is designed to understand what motivates and satisfies employees while identifying and addressing potential barriers that compel employees to leave. This article explores stay interviews, their benefits, and how to implement them for open communication in the workplace. What is a Stay Interview?

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Employee Benefits

MARCH 8, 2023

Employers must consider what forms of team and individual recognition work for their culture, and understand how this is changing during the rise of hybrid working. According to OC Tanner’s 2023 Global culture report, published in September 2022, 74% of employees believe recognition to be a crucial part of the workplace community.

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