Category: Employee Benefits
Strategy & Policy: How to create a reward and benefits strategy that is flexible enough to support employees of all ages
Sarah Lardner | 11 May 2023
In the consumer world, companies know how important it is to understand their customers’ diverse needs. By doing this, they can tailor products and services based on demographic, behaviour and habit to maximise value.
Why employers should consider offering family-related benefits to their workforce
Robert Drewell | 02 December 2022
Over the past few years and certainly throughout the pandemic, companies have started to become more aware of the challenges faced by working parents. Many employers now have a greater awareness and understanding in this area and have started to place a strong emphasis on doing right by their employees by offering valuable family-related benefits. It is now commonplace to offer these types of benefits through enhanced policy arrangements, with many businesses following best practice approaches set by leading companies.
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How to use non-monetary forms of reward as an alternative to bonuses
26 August 2022
Pay & Reward | Employee engagement | Reward Strategy | Employee Benefits
Inadequate total compensation can be a contributing factor to people leaving their jobs and sometimes there is no magic wand that non-monetary reward can wave. Having said that, it can significantly enhance any company’s offering, allow you to express your culture and demonstrate how you would like to treat your employees. Here are some key ways to work non-monetary reward into your overall package.
Benefits trends of 2020: where should your focus be?
12 August 2020
Employee Experience | Employee Benefits
Even the most carefully curated employee deals have been well and truly put to task in 2020, and with the rapid and unpredictable spread of COVID-19 causing all of our lives to change dramatically, which benefits are now seeing a surge as a result of the restrictions and changes we have seen in 2020?
Shaping your employee deal with benefits built for the future
21 July 2020
Employee engagement | Culture | Employee Benefits
The impact of Covid-19 and a move to home working has created many opportunities for organisations to reshape their employee deal into one that embraces technology, facilitates increased levels of personalisation, has a ‘social purpose’, extends to the contingent workforce and is more holistic, covering financial, mental, physical and social elements of wellbeing.
Is there an app for that? - Five ways technology is improving employee benefits delivery
10 December 2019
Employee engagement | Analytics | Communications | HR Technology | Employee Benefits
Client Solutions Director Andrew Walker discusses five examples of how technology has influenced the design and delivery of EB programmes.
2019’s top 5 workplace benefits
03 December 2019
Pay & Reward | Employee engagement | Flexible working | Agile working | Culture | Productivity | Wellbeing | Employee Benefits
Senior Consultant Ben Rowley picks his top 5 benefits of 2019, which deliver the holy trinity of being valued by staff, boosting engagement, and providing a good return on investment.
How letting your employees choose their limits can help you reach new heights
27 August 2019
Flexible working | Culture | Employee Benefits
In an increasingly flexible and dynamic working world, employees’ expectations are changing and freedom as a concept seems to be becoming a familiar buzz word in the industry. It’s become even almost old fashioned for employers to take on the role of a strict parent where dictating things like set working hours or locations to their staff are the norm – but what about when it comes to something like annual leave? And what happens when companies do something very on trend, such as offering their employees an unlimited holiday allocation?
If budgets are squeezed how do you get the most from your pay budget? Part 2 of 3
06 August 2019
Following on from the first part of this three-part series, which focused on creative bonus schemes, in part two we look at how flexible benefits can be used effectively to get more from a restricted pay budget.
Five ways to explore what benefits your employees really want
18 June 2019
Employee engagement | Employee Benefits
In order to understand what benefits you should be offering your employees, it is no longer sufficient to provide a one-size fits all package and expect it to be valued. Your employees are modern consumers who expect both choice and real flexibility. So, the question becomes, how do you determine what is right for them?
5 key questions to maximise value from benefits – Part 2
29 January 2019
Motivation | Pay & Reward | Employee engagement | Flexible working | Communications | Total reward | Employee Benefits
This week we're rounding off our 2-part series on benefits by answering the final 3 key questions - What is valued by your employees? How does it compare to market? And finally: how are you communicating this to your employees?
5 key questions to maximise value from benefits – Part 1
22 January 2019
Motivation | Pay & Reward | Employee engagement | Communications | Total reward | Employee Benefits
How to ensure your company is feeling the benefit of your benefits? You need to be asking 5 key questions, says Innecto's Senior Reward Analyst Mark Macoun.
