Remove Benefit Providers Remove Pension Remove Salary
article thumbnail

Employee Benefits Providers: What Employers Need to Know

Empuls

This not only highlights the importance of employee benefits in fostering loyalty and satisfaction but also underscores the potential risks for companies that fail to prioritize this aspect of their compensation strategy. What are employee benefits providers? This reduces the administrative burden on HR departments.

article thumbnail

40% of UK staff would choose a job with lower salary but generous benefits

Employee Benefits

Two in five (40%) UK employees admitted they would choose a job with a lower salary but generous employee benefits , according to research from MetLife UK. Adrian Matthews, head of employee benefits at MetLife UK, said: “Benefits are becoming increasingly more important to employees, and rightly so.

Salary 72
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Newcastle Building Society rolls out flexible benefits platform

Employee Benefits

Credit: ML Robinson / Shutterstock.com Newcastle Building Society has rolled out a flexible benefits platform for its more than 1,000 employees in order to boost engagement with its benefits package. It also wanted to provide visibility of all benefits to its workforce and encourage them to review these on a regular basis.

Pension 104
article thumbnail

University of Salford targets communications at specific employee groups

Employee Benefits

It offers pre-retirement seminars focusing on a holistic approach to pensions , tax implications, the psychological impact of leaving work, wills and estate planning, that are primarily aimed at older workers but do get interest from younger staff as well. They pass this on through meetings with each department.

Pension 98
article thumbnail

UK Power Networks uses total reward statements to boost engagement with benefits

Employee Benefits

The TRS outlines what employee benefits have been on offer for the past 12 months.

Retail 105
article thumbnail

How to target financial wellbeing support to employees

Employee Benefits

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.

Pension 98
article thumbnail

Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Someone is said to have golden handcuffs whenever their job’s perks, such as high salaries or compensation plans, are too attractive to leave. His new job featured many benefits and a six-figure salary, but he knew a high-pressure work environment would be the trade-off. What are golden handcuffs?