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59% of British workers feel unhappy with their benefits packages

Employee Benefits

Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefits packages , according to new research. As many as 49% are optimistic that they will receive a salary increase in 2024, and 70% of employers plan to increase salary offers in 2024 for certain in-demand roles.

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How is the cost-of-living crisis affecting what employees want from their benefits packages?

Employee Benefits

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.

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3 powerful ways to improve your employee retention rate

Achievers

Here are 3 practical ways to start: Offer a generous and unique benefit package. In today’s employment market, individuals are also placing a high value on the benefits an employer offers. Making sure your employees are thoroughly engaged should be a key step in your employee retention strategy.

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Emerald Publishing enhances benefits package

Employee Benefits

Credit: Postmodern Studio / Shutterstock.com Emerald Publishing has enhanced its reward package with a raft of new benefits after an internal review revealed what its staff find important. With an established remote and hybrid workforce, relevant work-life balance benefits are more important than ever.”

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How can employers support employees with dementia?

Employee Benefits

Employers are legally required to make reasonable workplace adjustments where possible for employees impacted by dementia to the point that it satisfies the disability definition. Employers should offer training for managers and staff on how to support someone with dementia in the workplace.

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3 Ways to Recession-Proof Your Benefits Program

Best Money Moves

With a potential recession on the horizon, employers must focus on the financial wellbeing of their employees. If companies hope to address the ever-changing needs of their employees they must create a benefits package that’s fit for economic hard-times. Here are 3 strategies to recession-proof your benefits program.

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4 Top Benefits Trends for 2022

Best Money Moves

The employee benefits needs of the post-pandemic workforce look very different than they have in the past. Employers need to take notice. Sixty-five percent of employees are stressed about their finances due to the pandemic, according to a the 2022 Trends in Benefits report, costing the employers around the country a total of $4.7