More than two-fifths of staff have been made redundant or have suffered from long-term ill-health, yet only 15 per cent have insurance to protect against these eventualities.
Research from MetLife highlighted that only 12 per cent of those aged 55 and over had insurance to...
More than a third of employers never communicate information about core financial employee benefits, according to Unum.
The research highlighted that apart from pensions, 36 per cent of organisations never inform their staff about these offerings. A further 23 per cent do so...
Flexible working plays a far greater role in pleasing employees than financial benefits such as shares, bonus schemes and pensions, research has found.
More than 75 per cent of respondents to the Vodafone report, Exploring the shift in employee expectations, claimed the option boosted...
Ensuring that employees strike the right balance between their home and work life can be difficult. Here is some advice you could offer them to effectively do this.
Setting the boundaries
Set clear demarcation lines between work and home life. If staff need to work at home, tell them...
Uncertainty remains over the interaction of salary sacrifice and flexible benefits schemes with auto-enrolment requirements, according to Barnett Waddingham.
Despite the recent publication of information from The Pensions Regulator (TPR), which provided more details for...
Businesses should court the views of their staff
I read with interest Julia Turney’s recent article on flexible benefits, “Money Well Spent?”. I strongly agree with the author’s central point that businesses need to give careful consideration to the cost involved before...
Cutting the cost of benefits is top of the agenda for employers, according to research from Mercer.
Due to the financial instability in 2011 many organisations are now questioning the feasibility of maintaining their workplace health schemes. Nearly 85 per cent of HR...
A third of employees believe that their flexible benefit provision has increased.
The popularity of this type of reward has been highlighted by 85 per cent of employees who rated benefits as important or very important.
The findings from the Chartered Institute of Payroll...
Employee benefits providers have welcomed an indication from David Cameron that plans to abolish child benefits for higher-rate taxpayers will be reconsidered.
The proposal to scrap the relief for any household which has an individual earning above the £42,745 threshold...
Employee benefits packages are one of the biggest incentives an employer can offer. Once enrolled in a scheme it is important employees are continually informed about developments and messages are reinforced. Here are some tips to help effectively do this.
Survey employees
It...
A total of 63 per cent of office staff say they feel restrained by the traditional nine-to-five shift pattern.
Research conducted by 2e2, an ICT services company, found that more than half thought they were more productive carrying out their job from home. Nearly three-quarters also...
The latest innovations in payroll and benefits
A club of benefits
Corporate Benefits Club has been launched by BHSF, giving members access to a range of services from £12 per year per employee.
The group provides an online discount scheme, Network Benefits, to high street stores, restaurants, travel and finance. Members will also be...
Julia Turney examines the complexities of budgeting for a flexible benefits scheme.
According to the Employee Benefits/Towers Watson Flexible Benefits Research 2012, 67 per cent of respondents cite the cost of implementation as being a barrier to having a flexible benefits (flex) scheme, while 56 per cent say it is the cost of administration and 46 per cent the cost of the...
Pauline McArdle considers some of the most significant employment law changes affecting payroll and benefits in 2011.
Despite Government attempts to reduce its impact on business, employment law has continued to raise challenges for employers.
Abolition of default retirement age
When age discrimination regulations were introduced in 2006, there was an exception for retirement at age 65, the so-...
Flexible working regulations are not hindering businesses according to tribunal figures, which revealed that only 277 claims out of 218,100 alleged a breach of the rules.
The Chartered Institute of Personnel and Development (CIPD) discovered the data after a Freedom of...
