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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. They should take steps to keep people engaged, supported and happy; offering benefits that are meaningful to the individual’s specific situation will help here.

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SumUp ensures it offers an age-inclusive benefits package

Employee Benefits

Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff. The post SumUp ensures it offers an age-inclusive benefits package appeared first on Employee Benefits.

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

Employee Benefits

Many providers of existing benefits, such as pensions , will have education modules to increase awareness of the financial provisions on offer. Financial education and wellbeing For those employers wary of hiking pay to unsustainable levels, the alternative might be to bolster their approach to financial education and wellbeing.

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Comprehensive Guide to the Best Employee Benefits Options for 2024

Empuls

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

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Danielle Ayres: The changing face of flexible working

Employee Benefits

Employers should speak to staff and finding out what works for them, asking whether they would prefer to work from home or from the office, and being open to conversations about money worries. Many employers also chose to have flexible working policies in place too.

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Why are over-50s leaving the workforce?

Enjoy Benefits

Pension freedoms introduced by the then chancellor George Osborne in 2015 also allowed some over-55s to draw on their retirement funds early. The pandemic also led to many wanting a change in lifestyle and more time at home. The number of people not working because of long-term sickness has shot up since Covid hit.

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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

When seeking a new role, for some the choice about time and place of work is now seen as almost as important, according to the Talent Insights report by staffing firm Aquent published in November 2021, which found 83% of employees would turn down a job that didn’t offer flexible working for one that does. Importance of benefits.