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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.

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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.

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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.

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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.

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EXCLUSIVE: Enterprise Rent-A-Car and Centrica promote benefits to support financial wellbeing

Employee Benefits

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 benefits providers. Llewellyn said: “It’s been about getting benefits in a quicker timeframe.

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Buyer’s guide to total reward statements

Employee Benefits

Total reward statements are personalised communications that show employees the total value of their compensation package beyond just salary. They may also include non-financial benefits such as health and wellbeing, learning and development programmes, flexible-working opportunities and recognition awards.

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Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Certified Compensation Professional (CCP®) The CCP® certification, also from WorldatWork, specializes in compensation but covers a critical aspect of employee benefits — pay structures, salary planning, and compensation strategy. It’s essential for professionals looking to combine benefits and compensation expertise.

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