We live and work in a rapidly changing world which requires organisations to rethink their sense of purpose. Do you know how your employees are coping? Laura Matthews explores the challenges and how to identify, understand and tackle employees coasting through careers.
If you can just help your workers save that little bit and take away their financial stop signs, you could take them off the “highway to hell” and help them towards that goal of “livin’ easy, livin’ free” and they will be indebted to you. How do you get there?
A successful relationship is based around the fair generation and sharing of effort and value - and that includes remuneration. Bonus payments are probably the biggest ‘bone of contention’ for employees in terms of who does and doesn’t receive them.
In order for any organisation to be successful, it needs a benefit strategy and supporting policies in place that cover the needs of a diverse workforce. It’s been said lots of times before that a one size fits all approach really doesn’t cut it anymore.
You may be considering whether your business should commit spend to a financial wellbeing strategy - can you be certain this will deliver value into the future or will this be a forgotten trend and sunk cost come 2020?
Many employers want to do the right thing by their employees by providing benefits such as Group Private Medical Insurance (PMI), but increasingly cost is the key factor when considering the ongoing viability of cover.
One of the more interesting HR observations over the last few years is that benefit strategies work best when they are structured to form part of the ‘whole’.
It's becoming harder to use pay as a differentiator. This element of total reward is becoming more standardised as a result of transparency through pay benchmarking, reporting, job families, grading and levels and the restraint applied to pay awards.
Head of Workplace Health and Wealth at Barnett Waddingham, Damian Stancombe, explains how you can help your employees learn, play and plan for their retirement by using Me2; a digital member engagement portal with a difference.
Our research on wellbeing in the workplace, ‘The Wellbeing Agenda’, shows the top challenge for employers is the effect of the ageing workforce - but why is this having such an impact on organisations?