Financial Wellbeing affecting job performance

Recent research by financial platform Mintago who polled a total of 436 people in the UK who were all employed full time and between the ages of 18-34, confirmed a third believed their job performance is being harmed by financial concerns whereas only 9% of employees aged 55 and up shared this sentiment. The survey […]

Don’t let the Default be the Default

Most members of a Workplace Pension will rely on other people, normally their employer and possibly trustees to make important decisions around their workplace pension and specifically around the fund where their contributions are invested, namely the Default Fund. Despite the best efforts of an employer to promote the benefits to a member to review […]

How to beat the New Year Blues

January and February can be tough months for many of us. There are lots of reasons why you might feel a little ‘blue’ during the first few calendar months. Money worries following overspending after the festive break (and that long wait until pay day!), the cold weather, getting back to reality following the break over […]

Finance Bill confirms minimum pension age rise

The recently published Finance Bill confirmed an increase in the minimum pension age to 57 from April 2028. However there could be changes between the Finance Bill becoming the Finance Act. Individuals do not have the ability to protect a retirement age of 55. However schemes that had the right to take benefits at 55 in their […]

Companies that support wellbeing outperform others

FTSE companies that support their staff’s wellbeing, outperform their competitors by 10%, so it makes good business sense to look after staff. When employees are looked after well by a company, they’re more likely to stay, it’s easier to recruit good people, they’re engaged, more productive, and all in all it makes for a happier […]

How employers can strengthen relationships with employees in a post-Coronavirus world

Our friends at MetLife have recently conducted some research amongst employers and employees to understand any gaps in expectations between the two in a post Covid 19 world. The research conducted has flagged some very interesting issues that employers need to consider in a post Covid world, the first being around the relationship between employers […]

HR Associates: What should we be doing about employee burnout?

Let us not beat around the bush, lockdown has been tough on everyone and although there could be light at the end of the tunnel the long term impact on everyone’s health and wellbeing will only become apparent in the coming months and years. Whilst there are many, many negatives to lockdown, far too many […]

Aligning employee benefits with business objectives

There is something very satisfying about setting out objectives, and never more so than when setting out objectives for your business. The next step is to make sure that every aspect of running your business is aligned with those objectives. And that includes reward and remuneration packages: one of the biggest costs for any business, […]

Four reasons to review employee benefits

Four reasons to review employee benefits Once employee benefits are in place, the temptation to tick the employee benefit box as ‘job done’ can be irresistible. But therein lies folly, and here are four key reasons why. Needs change Employee benefits that were once applicable for a workforce, even just 12 months ago, may not […]