Businesses are not prepared to deal with the impact of staff bereavement and terminal illnesses in the workplace, new research from MetLife Employee Benefits shows. The MetLife study found nearly half (45%) of HR departments do not have agreed policies in place to cope with the aftermath of the death of an employee and two-thirds […]
Bonuses being handed out to workers are falling significantly short of the amount workers say they would need to be in order to encourage them to work harder. New research released by One4all Rewards in The Rewards Review, based on a survey of 1004 UK adults in employment, revealed that the mean amount being given to workers in […]
Nearly one in five employees have been forced to use their annual leave entitlement or take unpaid leave to attend funerals of family members or friends, according to new research from MetLife. Its findings show 19% of workers have been absent to attend funerals or cope with bereavement, which was classed as unpaid leave or […]
As companies plan their Christmas bonuses, new research may cause a rethink of who should get a bit extra in their December pay packet. According to a study of 1000 UK workplaces conducted by the Prepaid International Forum (PIF) – the not-for-profit trade body representing the prepaid financial services sector –rewarding younger, less well-paid workers […]
Employees value the group risk benefits they are offered more than employers believe, highlighting a growing perception gap and exposing myths about benefits, new research from MetLife shows. Its study found 74% of employers believe staff would rather have cash than life insurance and 73% believe employees do not value life insurance despite the money […]
Research from Equiniti, a leading investment and pension technology company, shows that uncertainty about what to do is preventing savers from investing as much as they want to. A survey of more than 6000 savers and investors found that more than half (58%) do not save or invest as much as they want, with around […]
Rising stress in the City is driving more than two out of three investment bank staff to consider quitting their job – but employees believe talking about stress or mental health issues to management will damage their careers, new research from MetLife shows. Its study among decision makers at financial institutions found that two out […]
The cost for companies to provide healthcare to staff continues to vastly outpace inflation in most major economies, according to new research by Mercer Marsh Benefits, a partnership between global professional services firms Mercer and Marsh. In the UK, medical costs are set to increase 6.4% against an inflation rate of 0.8%. The research into […]
On World Mental Health Day, the employee benefits specialist Secondsight and mental health charity Minding Your Business are calling on employers across the UK to help remove the stigma surrounding mental health issues by educating their staff and encouraging discussion – making mental health a top priority. The organisations’ approach ties in with this year’s […]
New research released in the fourth annual Capita Employee Benefits Insight Report suggest a reverse in the trend of benefits becoming less important to employees. This year almost three quarters (69%) of employees say they are more likely to stay with an employer that offers a good employee package, compared with 66% in 2015. In […]
Workers who have their own office, designated car parking space and earn at least £56,000 have achieved ‘ultimate career success’, a study has found. According to researchers, those people at the pinnacle of their careers will also be owners of a top-of-the-range company car, and their own property. Other indicators of success in the workplace […]
According to research by Love Energy Savings, 43% of UK workers don’t feel that their current employer does enough to keep them engaged. To have any chance of long-term business success it is important to have a team of happy and committed employees, so what perks can businesses introduce to boost staff productivity? 1 Games […]
Managers around the world have tried many methods to motivate staff and keep up productivity. While the first thought is a monetary incentive, new research shows pizza might be the way to get employees to work harder. In his new book Payoff: The hidden logic that shapes our motivations, psychologist Dan Ariely outlines findings from […]
GSK, Middlesbrough Council and NHS England are supporting a new campaign to raise awareness of cervical cancer in their workplace and allow female employees the time to attend cervical screening (smear tests) during the working day if they cannot get an appointment outside of work hours. Time to Test is a new campaign from Jo’s […]
Recent research by Busy Bees Benefits has highlighted that 65% of employers believe offering additional employee benefits can strengthen their brand and help with staff retention. It also showed that employees are concerned about their future health care needs. As part of its on-going dialogue with employers and employees, Busy Bee Benefits set out to […]
New research has revealed that almost half of all UK workers (48%) think their current employee benefits package is not tailored to their needs. The study of 1000 UK workers published by payroll lending provider SalaryFinance in line with the UK’s first Smarter Working Day initiative has found that 38% of UK workers currently have […]
The latest hot drinks survey from the Office Coffee Company reveals an even greater shift in office workers demanding a choice of hot drinks from their employer. Over the past two years, surveys by the Office Coffee Company have revealed more and more offices are making their hot drinks with a filter machine, coffee pod machine, or […]
UK employers are overlooking staff financial wellbeing, according to the latest Close Brothers Asset Management Business Barometer. The research, which comes from a survey of almost 900 employers across the UK, found that just under half (48%) do not have a staff wellbeing strategy in place at all. Just 35% have one in place already, […]
