low wage workers have increased stress levels and are more likely to participate in unhealthy behaviours like smoking.
has an award-winning employee benefits scheme that includes annual leave purchase, allowing staff to buy extra holidays and hours reduction, providing the option of more leisure or family time and helping to redress the work/life balance. They have stepped into the spotlight at center stage. on average globally, 60% of parents would be willing to go into debt themselves to pay for their child’s education. 48% of business leaders freezing pay last year, . Dr. David G. Javitch discussed the benefits of flexitime for employers in an article for Entrepreneur: “Because employees are often so glad that their employers are willing to allow for a work-life time adjustment, they tend to work harder and in a more dedicated fashion to hold on to their now-perfect schedule and re-balance their lives.”. It’s important to consider the needs of your entire workforce and ensure that your benefits programme has something for everyone. such as cinema tickets or leisure discounts, whereas staff with children will likely favour childcare support or discounts that knock money off the weekly family shop.
Global Business and Financial News, Stock Quotes, and Market Data and Analysis. And while it can be great for employee motivation, with lack of supervision it’s difficult to determine if their contribution is as high as when they’re in the office. found that people who went away on holidays saw their blood pressure drop, sleep quality improve and their resilience to stress increase by 29%. At Sodexo, we work with 25% of all councils across the UK, supporting public sector workers with benefits. discussed the benefits of flexitime for employers in an article for Entrepreneur: “Because employees are often so glad that their employers are willing to allow for a work-life time adjustment, they tend to work harder and in a more dedicated fashion to hold on to their now-perfect schedule and re-balance their lives.”. The latest news, covering all areas of employee benefits, including pay, pensions and health and wellbeing; how organisations are approaching their employee benefits programmes; tax and legislation; and the latest research news. Registered office 1st Floor Chancery House, St Nicholas Way, Sutton, Surrey SM1 1JB, to improve your user experience. Make employees' money go further Everyone loves a good bargain, so benefit programs that provide discounts for employees are very popular. If you continue browsing, we assume that you consent to our use of, Kraft Heinz Company reports mean gender pay gap of -6.5%, World of Books gives employees early access to pay, Rostrum introduces health and wellbeing scheme for staff, Hermes UK launches mental health first aiders programme, High Court rules on GMP equalisation of transfers, 94% of employers have introduced measures to support staff welfare, Anglian Water reports 5.7% mean gender pay gap, Home Bargains rewards 22,000 employees with two weeks’ extra pay, 33% of employers have reviewed sickness policies due to Covid-19, The top 10 most read stories between 12 November – 18 November, Silentnight and Tielle Love Luxury looking to hire experienced sleepers, Hala Group launches wellbeing platform to support 2,000 staff, NHS Greater Glasgow and Clyde becomes accredited living wage employer, Paypal gives US employees early access to pay, West Yorkshire and Harrogate Health and Care Partnership launches wellbeing hub. Childcare vouchers are among the most popular employee benefits available, with 41% of staff wanting vouchers through a salary sacrifice arrangement. of all kinds – here, our experts discuss why they’re so effective. Log in to our online catalogue
Discounts can vary from general retail vouchers to vouchers for groceries, as well as popular online retailers, entertainment and money off on days out for families. finding they have become the first employees to suffer a cut in real wages due to high inflation.