How the 2024 Autumn Budget will shape employee benefits decisions in 2025
The UK’s 2024 Autumn Budget introduced pivotal changes to National Insurance Contributions (NICs) that are set to challenge businesses across the board. With the employer NICs rate rising from 13.8% to 15% and the threshold reduced to £5,000 per employee per year from April 2025, companies face a dual challenge: managing rising costs while maintaining […]
Is your benefits strategy missing a digital trick?
The right employee benefits strategy can make your people feel more valued, engaged and may reduce sickness absence, helping to shape the culture of your organisation. It is estimated that UK employers could be spending up to £15bn on benefits staff do not want. Fortunately, the ongoing rise of digitisation and generative Artificial Intelligence (AI) […]
Boosting Staff Well-Being and Productivity Through Workplace Meals
Offering food in the workplace can transform the employee experience, and companies like Foodles make it seamless. Here’s why it matters: Enhanced Employee Wellbeing: Nutritious, ready-to-eat meals support health and energy levels. Foodles delivers chef-prepared dishes catering to diverse dietary needs, such as vegan, halal, and gluten-free options, ensuring inclusivity. Boosted Productivity: Employees save time and stress […]
Struggling to Bring Your Employees Back to the Office?
Foodles revolutionises workplace meals with our innovative smart fridge solutions, empowering HR leaders to provide their teams with fresh, affordable meal options every day. With Foodles, you provide your team with accessible, affordable, and high-quality meals thatenhance collaboration and productivity. For more details, visit the website. Or to set up a tasting, email us at sales-uk@foodles.com.
ElectriX: Drive green with our EV salary sacrifice scheme
ElectriX makes the transition to electric driving seamless and accessible for everyone. Whether you’re a business professional looking to enhance your company’s green credentials or a motoring enthusiast eager to transition to electric vehicles (EV), ElectriX has you covered. Our mission is to simplify electric car adoption by providing everything you need in one place […]
How to justify investing in Benefits Technology
43% of overall HR budgets are going towards Technology, according to the results of the 2024 Mercer Marsh Benefits Technology Pulse Survey. Without investing in a tool to properly engage your employees with their benefits, compensation and Employee Value Proposition, you may find yourself falling behind in the competition for talent. But building a business case […]
Is your benefits strategy missing a digital trick?
The right employee benefits strategy can make your people feel more valued, engaged and may reduce sickness absence, helping to shape the culture of your organisation. With so much at stake, it’s understandable that most employers have been adding layer upon layer to their benefits offering. Unfortunately, this hasn’t always achieved the desired outcomes. It’s […]
DATA: UK parents seeking employer help with soaring holiday childcare costs
Perkbox Vivup says its users have increased their use of employer-provided children’s entertainment vouchers by 21%, between July 2023 and July 2024, as parents increasingly seek support from employers to manage their rising childcare costs. The data from Perkbox Vivup’s platform, which includes the children’s entertainment redemptions of over 80,000 UK users, reveals: According to […]
How to Assess Employee Benefits Schemes
As a senior HR executive, you play a crucial role in designing and implementing effective employee benefits schemesthat attract, retain, and engage talent. Choosing the right scheme requires more than comparing providers. It means understanding your workforce, balancing budgets, ensuring legal compliance, and selecting partners that can support your organisation’s long-term people strategy. Based on delegate […]
EMPLOYEE BENEFITS MONTH: What are the core elements and emerging trends?
Employee benefits packages have evolved beyond mere perks to become strategic tools for attracting, retaining, and engaging talent. For senior HR professionals, understanding the various benefit options is crucial for crafting a compelling employee value proposition… Core Employee Benefits Additional Benefits Modern Trends in Employee Benefits Key Considerations for Benefit Package Design By carefully considering these factors and tailoring […]