theHRDIRECTOR’s Post

Great article about the rise in Financial Wellness awareness from employees asking their Employer for help. Quick and valuable read: Financial wellness programs: Following several years of high inflation and rising costs, financial stress is a big concern for many employees. The fourth most requested benefit revolved around financial wellness — which can include offerings like enhanced credit monitoring, financial literacy education, or access to one-on-one financial coaching. Let us know how we can help you and your clients relieve stress and increase retention with our employee purchasing program.

Employee benefits are evolving post-pandemic, with a focus on mental and physical well-being. Discover what employees value most and how it impacts your business. #Hrinsights #workplacewellness #healthandbenefitstrategies https://lnkd.in/egj6v8iN

Something is wrong – really wrong – with employee benefits. And I’m not the only one who thinks so. Our latest Nous research found that half (HALF!) of HR leaders admit their workplace benefits aren’t working. The problem? People don’t use them. Our data shows some of the most common reasons given by HR leaders for poor uptake of benefits were: ❌ Employees don’t seem interested 🙅♂️ Benefits don’t address what people really need 🤷♂️ Employees don’t know about them ❓ Lack of onboarding What this tells me is that businesses need to focus their attention – and their budgets – on benefits and support that actually move the needle when it comes to improving people’s lives. After all, employees increasingly expect their company to help them out with the struggles that daily life throws at them. And while rising prices remain the number one source of concern for UK employees, financial wellbeing is a crucial part of this. Physical and mental health provision, support with childcare, and flexible working are other areas where employees can really make a difference. To name just a couple, companies like Bubble and Selfspace do great work to materially improve employee wellbeing in these areas. Then – crucially – businesses need to carve out time for employees to engage with support on offer. This means using convening power to set aside time in the working day for staff to properly engage with benefits and see their upsides. Nous works with so many amazing companies that do this properly – and the impact is huge. Our mission at Nous for Business is to ensure we provide a genuinely effective way of making an impact on employees’ financial wellbeing. If you’d like to find out more, drop me a message. #EmployeeBenefits #HRIssues #EmployeeWellbeing

Value of employee benefits and what they deliver to face closer scrutiny 🎤 HR, reward and benefits professionals can expect more questions about the value of their employee benefits from within their organisations in the next 18 months, according to David Kirk, growth leader, health technology at Aon. 🎤 Research conducted with attendees at the firm's human capital conference 2024 found that 85 percent of employees said that they don’t feel their employer offers a good level of financial wellbeing support. 🎤 In this interview with Benefits Expert, Kirk explains the main employee benefits challenges coming down the track.  https://lnkd.in/ec8vmPsc Aon

"In 2024, employers are expected to address belonging to bridge the gap between existing DEI initiatives and the impact felt by employees." In today's rapidly evolving workplace landscape, staying ahead of the curve is crucial. This article sheds light on the 7 key employee benefits trends that are driving change and shaping the future of work. Come talk to me if you're looking for help with any of these topics and i'm happy to help provide a solution! https://lnkd.in/gz2zA5bh

Good to speak to Aon's David Kirk about what HR, reward and benefits professionals can expect in the next 18 months and discuss the firm's report 'Identifying opportunities in today’s employee benefit challenges'. 

Rising operational costs, economic uncertainty, and the ongoing challenges of attracting and retaining talent have compelled businesses across the country to rethink their approach to employee benefits. More organisations are taking a targeted, cost-effective approach that prioritises value for both employees and employers. Liz Walker, COO at Unum UK, looks at how mounting business costs are reshaping the employee health and wellbeing landscape https://lnkd.in/g7UJttKz

Rising operational costs, economic uncertainty, and the ongoing challenges of attracting and retaining talent have compelled businesses across the country to rethink their approach to employee benefits. More organisations are taking a targeted, cost-effective approach that prioritises value for both employees and employers. Liz Walker, COO at Unum UK, looks at how mounting business costs are reshaping the employee health and wellbeing landscape https://lnkd.in/g7UJttKz

𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐢𝐧 𝟐𝟎𝟐𝟒! A good article from 𝗨𝗦𝗔𝗧𝗼𝗱𝗮𝘆 shares insights about how adapting to the changing landscape of employee benefits is vital for organizations aiming to attract and retain top talent. With 64% of employers planning to enhance benefits this year, understanding the evolving preferences of employees is crucial. By aligning benefits with these shifting priorities, companies can enhance recruitment efforts, improve employee satisfaction, and ultimately drive organizational success. 🕛 𝗢𝗻𝗲 𝗠𝗶𝗻𝘂𝘁𝗲 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: ◼️ 56% of employees trust their employer for quality health benefits. ◼️ Job seekers should be cautious of recruiting scams. ◼️ 12% of full-time workers have access to flexible work arrangements. 𝐈𝐬 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧'𝐬 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐩𝐚𝐜𝐤𝐚𝐠𝐞 𝐚𝐥𝐢𝐠𝐧𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐞𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬 𝐨𝐟 𝐭𝐨𝐝𝐚𝐲'𝐬 𝐰𝐨𝐫𝐤𝐟𝐨𝐫𝐜𝐞? Read the full article here: https://smpl.is/93aux #EmployeeBenefits #WorkplaceWellness #FlexibleWork

There are many benefits of rethinking employee benefit plans and why "one size fits all" is well out the door. Employees are aware that benefits are an important part of their total compensation, and most are interested in having benefits tailored to their needs. #albertaworkplacesolutions #groupbenefits #grouphealthinsurance https://lnkd.in/g3GcDZrV