Millennials or “Generation Y” represent an increasing share of the workforce, expecting to exceed a third by 2020¹ This younger demographic (typically defined as anyone born between 1980-2000) requires targeted employee benefits. Most Millennials know they are likely to work longer than the generations before them (Generation X and Baby Boomers) with different motivations. So…
Statutory Sick Pay in the UK is £88.45 per week. But how far does that really stretch – especially with a 15-year-old son to feed? Amanda Curwood, Head of Tactical Projects at LifeSearch, set herself the challenge of staying within the weekly budget. Monday 9:30am My first task is to pay the bills and…
Mental Health is a growing concern in today’s workplace – gaining regular coverage in the news and media. The CentreForum Mental Health Commission, recently stated that “all organisations with more than 500 employees should work to become mental health friendly employers.” As much as £15 billion is lost each year in the UK. This is…
A recent study has revealed that people who seek financial advice from an independent financial adviser (IFA) are on average £40,000 better off than those who don’t. The Research The research has come from leading think-tank the International Longevity Centre. They stated that both the ‘affluent’ group – wealthier people more likely to own their…
Ensuring your employees are engaged is vitally important for the success of any business. But how can companies keep their workforce energised and involved? Could an employee benefits package help here? According to the Chartered Institute of Personnel and Development (CIPD), an employer needs to consider three factors: • Intellectual engagement • Affective engagement •…
