Share     Fri 18 May 2012

Voluntary benefits

Health insurance “essential” to employee benefits

  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...

Benefits cost cutting tops agenda

  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...

Child benefit plans are reconsidered

  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...

Top Tips: Communicating benefits

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...

Voluntary Benefits: Bargain hunting

As household bills soar, John Evans says now is the time for employers to boost their voluntary benefits offering.
 

The beginning of the year is often gloomy. Christmas has gone, the buzz of New Year’s Eve has worn off and what seemed like “Christmassy” weather a month ago is now simply dark, freezing and transport-destroying. However, January this year has the added frisson of being laden...

Employees crave benefits flexibility

  Employees want more flexibility and variety when it comes to their benefits, according to research from Mercer.   The findings showed that traditional elements of a package scored poorly when it came to motivation and engagement. However, those that provided a good work–...

Employers to pick up where NHS leaves off

Nearly half of employers expect to add to their voluntary benefits offering as the result of the Government’s reforms.   The proposed changes to the NHS, which are about to enter the second reading in the House of Lords, could have a direct impact on the health services that...

Employers increase wellbeing scheme promotion

The emphasis on health has grown by nearly 30 per cent since last year.   Employers are promoting access to their wellbeing schemes in an effort to help engage and support staff during these turbulent times, according to research from the Chartered Institute of Personnel and Development...

Employee Benefits: Picking Favourites

Lisa Gregory looks at why some employee benefits are preferred over others and how the industry has changed.

Given the economic downturn of recent years, it seems timely to take stock of how employee benefits have been impacted overall and the emerging prominence of certain benefits. The landscape has undoubtedly changed, but which benefits have grown in popularity and which have become casualties of...

New Contracts: A single solution

Contracts won in the payroll and benefits industry.

A single solution T.M. Lewin has signed a five-year contract with MidlandHR for its iTrent platform. The product offers talent management, workforce planning, HR and payroll. The driver behind the introduction of the system was to introduce a fully integrated HR and payroll solution. It...

Employee Benefits: A Tailored Approach

One size doesn’t always fit all when it comes to reward. Andy Philpott explains how organisations can shape a benefits package in order to deliver real results.

Organisations today are operating in a climate in which they need their people to perform and be engaged within the business. This is essential in order to remain competitive in the current business and economic environment. As many firms cope with the recession, their employees work hard,...

Employers must tackle obesity

Companies have been urged to use staff benefits to combat employee weight problems following worrying obesity predictions from scientists.   Figures published in the medical journal The Lancet show that nearly half of men and more than 40 per cent of women in the UK will be obese by 2030...

Vouchers in bloom

A £50 National Garden Gift Voucher (NGGV) has been launched to mark the 50th anniversary of the scheme. The offering, introduced by the Horticultural Trades Association, was unveiled at the RHS Hampton Court Flower Show in the form of a unique dress made of the vouchers. The dress was...

Benefits and wellbeing: Alive and kicking

Dawn Lewis investigates the rise of employee health and wellbeing in the workplace and how these types of benefits can have a significant role to play in engagement.

Employee health and wellbeing has not always been at the top of the workplace agenda. However, it is becoming increasingly apparent that this element of employee benefits has a significant role to play in staff engagement. An effective wellness strategy can help to reduce any increases in...

Voucher schemes: Payback Time

Loyalty payback and discount voucher schemes are a recent major development in the money-stretching toolbox, says Sean Wilkinson.

Back in 2005, a couple of Sheffield University undergraduates came up with a simple method of helping other students stretch their financial resources a little. The result was Quidco, a discount payback system that is now one of the leading players in what has become an astonishing array of...
 

 

 

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