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The TRS outlines what employee benefits have been on offer for the past 12 months. We offer targeted information through different communication formats, such as TV display screens around our offices and depots with rolling information about what’s going on in the organisation and awareness days, and highlight benefits related to that.
As a starting point, employers can survey staff to ascertain their situations, and get creative with benefits that can help employees both today and in the long-term, says Steve Watson, director of policy and research at Cushon. Multiple channels should be used,” she explains.
Employee Benefits Live 2023: Enterprise Rent-A-Car has supported employees during the cost-of-living crisis with a salary increase and conducted a benchmark analysis of its pay and benefitsproviders. Centrica focused on communication in order to increase employees’ engagement with the benefits they have.
The Welsh government has partnered with employee benefitsprovider Vivup for the managed service provision of its employee benefit schemes. It will also offer reward and recognition benefits such as gift cards, vouchers and gift experiences, long-service awards, recognition messages or cards, and lump sums.
The UK government has divided the various employee benefits into two categories: mandatory benefits and non-mandatory benefits. Pensions are a compulsory benefitprovided by employers in the UK. Types of employee benefits in the UK Here are some of the best employee benefits in the UK.
One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.
Use case: A London retailer with 50 staff users Namely to automate payroll. Benefits Administration What it does: With their own HRIS guides, employees can change pensions or dental plans via self-service portals, freeing HR from endless paperwork. Use case: A New York retailer uses SAP SuccessFactors to log compliance data.
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