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Employee retention is an ongoing theme for employers and HR professionals, and for good reason. Recruiting fresh talent is expensive, eating into business profits. It’s more cost-effective to invest in employee retention strategies than it is to attract, onboard and train new starts. High employee turnover rates are a financial risk, and during this blog, we’ll explore all the elements to consider when creating a long-term employee retention strategy.

The UK retirement age is rising, keeping employees in work for longer. Absenteeism is at a 10-year high, costing businesses billions a year. Taking steps to keep employees healthy will yield a return, and there are many ways to do so, including mental and financial wellbeing solutions. One thing for sure is that getting employees the medical help they need more quickly is essential, and this is where a Virtual GP and digital healthcare platform comes into its own.

There’s an abundance of national days in the UK and globally, and National Sickie Day is one of many that impact UK employers. Let’s be clear: National Sickie Day isn’t a call to action. Statistics show that it’s the day of the year when UK employees are most likely to call in sick. It’s just one day… right? Wrong. In 2020, around 600,000 workers called in sick on that ‘one day’, costing the UK economy almost £45 million in lost revenue! Read on to discover how we can reduce absenteeism in an employee-centric way.

It’s Time to Talk Day – the nation’s “biggest mental health conversation.” Today, the campaign encourages us to convey the importance of talking about our mental health at home, at work, and within our communities. Opening up, sharing our worries and seeking support can be difficult. We all have a part to play in breaking the stigma, removing the embarrassment, creating safe spaces, and making time to talk about employee mental health.

Healthy people = healthy business. Well… there’s more to it than that, but having physically well employees and inspiring healthy lifestyles benefits your business. Our workforce is ageing, and the average absenteeism rate is rising. Keeping your people healthy is more affordable than you might think, especially compared to the cost of inaction. Read on to discover more.

Big Energy Saving Week encourages us to explore how we can save energy in our homes and lives. It’s great for the environment and our bank balance since making energy-efficient choices saves money in the long term. During this blog, we’ll explore how our Green Car offering – an electric car salary sacrifice scheme – helps to reduce carbon emissions and delivers savings for employees and businesses. Read on to discover why so many UK employees are choosing an electric car salary sacrifice scheme, and how this increased uptake can benefit your business.

Employee retention remains a business priority as we step into a new year. Our research found that almost half of UK employees say they’re likely to look for a new role in 2024. Financial wellbeing benefits and incentives were at the top of the list of ways to persuade them to stay. Budgets are tight, and HR managers are trying to do more with less. That’s why SmartPay, our cost-neutral salary deduction scheme, is the employee benefit your people and business need in 2024. Read on to discover why.

A healthy work-life balance is essential for employees’ physical and mental wellbeing. Hybrid and remote working is becoming the norm, and employees spend more time at their home office than ever before. The boundaries between work and life are blurring. This blog will address the importance of work-life balance and explore how HR can help their employees achieve and enhance it.

Resilience. It’s a great word encompassing employee wellbeing, financially, mentally, and physically. So, what exactly does it mean? During this blog, we’ll explore the topic of resilience in relation to employee financial wellbeing and the role that HR and prioritising financial wellbeing at work must play in achieving it.

The Rewards and Benefits Association recently published a report that found that 64% of employers consider the cost of recruiting fresh skills to be a considerable financial risk over the next two years. Our research - hot off the press - of 1002 full-time UK employees found that nearly half are likely to actively search for a new job opportunity in 2024. Read on to discover which age range plan to spread their wings, and the steps you can take to reduce employee turnover and retain your talent.

The 2nd to 8th of December is National Grief Awareness Week, with the campaign focusing on connecting communities with bereavement services. Many employees will, at some point, grieve in the workplace, with their colleagues forming part of their immediate community. During this blog, we’ll explore how employers can support their employees through grief, empowering managers with the skills they’ll need to help.

Did you attend the CIPD Annual Conference and Exhibition in Manchester last week? Our CEO, Burcin Ressamoglu, delivered a keynote session on Leading Employee Engagement Through EVP and Brand. During this blog, we’ll share essential takeaways to help you utilise the full potential of your Employee Value Proposition and Employer Brand, helping you engage your people and retain your talent.

With 50% of employers planning to increase spend on financial wellbeing in place of offering wage increases and cost-of-living payments, it’s never been more important to make employee benefits sustainable. Salary sacrifice solutions can help to make employee benefits cost-neutral, freeing up the budget to utilise in other business areas. Read on to discover the financial wellbeing trends we expect in 2024 and how you can embed them within your business.

It’s National Stress Awareness Day, and we’re joining the campaign to raise awareness of stress in the workplace and remove the stigma. During this blog, we’ll explore the causes of workplace stress, generational and gender differences, and how you can reduce employee stress to create a happier and healthier workforce.

Mental health is a universal human right, yet one in six adults experiences moderate to severe depressive symptoms. There are barriers. There’s a stigma. As an employer, you can remove them all by ingraining employee mental wellbeing into your core values. Read on to discover how.