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Employee Benefits

What company perks do employees look for in 2022?

What company perks do employees look for in 2022?

By Employee Benefits, Employee Engagement, Employee Management

Right now, the job marketplace is highly competitive. In fact, job vacancies in the UK reached record highs this year, with nearly 1.3 million openings available in the first quarter of 2022. And thanks to the pandemic shifting the way people view work; prospective employees are clear about what they want from an organisation. Fair pay is still most important and the driving factor for recruitment – particularly as the cost-of-living continues to rise – however flexible working has become just as crucial to retaining and hiring new staff. But what else do employees value in 2022? What are the…

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Employee benefits in the age of remote working

Employee benefits in the age of remote working

By Employee Benefits

Since the start of the Covid-19 pandemic, remote work has become the new norm. This new way of working has opened up a whole new world of possibilities and benefits for employees and employers alike.  Remote work encourages a better work-life balance; it means less time wasted commuting to offices, and people can work from wherever they like – in their homes or in a cafe on the other side of the world.  There’s no doubt that this new-age style of working has brought many benefits, but its completely shaken the working world and has left organisations and managers having…

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Looking towards the future: Your guide to retaining your top talent in 2022

By Employee Benefits, Employee Engagement, Employee Management, Natural HR, Talent Management

What are the most valuable elements of a company? For many, the answer to that question is simple, it’s the employees of the company. But with that, one of the biggest challenges facing HR teams is in attracting and retaining talent, something which in the world of HR is referred to as ‘Employee Retention.’ From a technical standpoint, employee retention refers to an organisation’s ability to keep its employees. Employee retention rate, which is the formula used to calculate the rate, can be attained by dividing the number of employees who have been in their position a year by the…

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LI_onlinexpenses

4 benefits of online expense management

By Employee Benefits, Expense Management

In the UK, many employees will incur expenses concerning their job. Whether it’s an overnight stay in a hotel to visit a customer or to claim mileage for a trip to a trade show; your employees will likely seek to be reimbursed for these work-related costs. Historically, many companies relied on paper-based forms and physical receipts or invoices in order to reclaim any expenditure. Not only was this prone to error and fraudulent claims, but tiresome and time-consuming. For this reason, it is hard to believe that some companies continue to manage expenses this way. Online expense management software can…

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What benefits employees want

What benefits employees want, what they really, really want

By Employee Benefits, Employee Retention

Employees (the lifeblood of a company), are usually given additional perks alongside their salary in almost every job role today. There’s a whole industry built around rewarding employees and millennials filling the modern workplace has taken employee benefits to a new level. From free fruit to flexible working, there are a host of options available. No longer is a decent salary enough, to attract and retain top talent, employers need to offer ‘value-adds’ to be attractive to potential candidates and employees. Especially as a third of candidates class company benefits as one of the most significant factors they consider before…

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