We’re in a tight labour market, the National Minimum Wage and employer National Insurance Contributions are rising, and experts predict another cost-of-living crisis could be on the way. What you offer your employees matters. Budgets are getting tighter, but employees still need financial support to stretch their salaries further. Fringe benefits help your business remain attractive to top talent, retain employees, and offer your people more for less. Read on to explore the role of fringe benefits for employees in today’s climate.
Employee retention is an ongoing theme for employers and HR professionals, and for good reason. We’re in a tight labour market; recruiting fresh talent is expensive, and it eats into business profits. It’s more cost-effective to invest in employee retention strategies than it is to attract, onboard and train new starters. High employee turnover rates are a financial risk, impacting your bottom line. During this blog, we’ll explore why employee retention matters and how to create a successful employee retention strategy.
What does a tight labour market mean for employers? Using data from a recent REBA report, we’ll explore what a tight labour market means for employers and employees. Considering the pending minimum wage and NIC increases, the standard response to a tight labour market - wage increases – may not be viable for all businesses. Is an even stronger EVP the answer? Read on for more.
Your Employee Value Proposition (EVP) has always mattered, but with a tight labour market and increasing budget pressure, your EVP is more important than ever. Using insights shared by Pluxee UK’s CEO – Burcin Ressamoglu – during a 2023 CIPD keynote, we’ll answer all your questions about EVP and explain why it’s such an essential part of your people and business strategy as we head into 2025.
We’re seeing a trend where employers are urging hybrid and remote employees back to the office. It’s understandable when expensive office space is sitting empty. Still, with employees demanding flexibility and the ability to work remotely, employers must accept that remote working is likely to play a vital part in shaping the future of the workplace. During this blog, we’ll explore why businesses should embrace remote employees and how they can keep them engaged to create a beneficial relationship for all involved.
What is workplace culture, and why does it matter? Culture... this often-non-tangible concept is a hot topic when it comes to matters of employee experience, and for good reason. Your company culture can negatively or positively impact many areas of your business, including those that affect your bottom line. During this blog, we’ll explore why workplace culture matters and provide a practical guide to changing it for the better so you can reap the benefits that follow.
Exploring the KPIs that matter to HR professionals, this blog will cover everything related to employee turnover: what it is, how to calculate it, and why it matters. We’ll take you through the calculations and costs, shedding light on a high employee turnover rate's negative impact on your business. Read on to unpack all things employee turnover.
From the best physical, mental, and financial wellbeing employee benefits to how to make them cost-neutral. We cover the ins and outs of employee benefits, why they matter to your people now more than ever, and what the workforce of tomorrow expects.
Solidarity, teamwork, inclusivity, motivation… What can we learn about employee motivation from the Olympics? Using key learnings and Olympic themes, we’ll explore how you can apply Olympic values to your workplace culture. Uncover what motivates employees and boosts employee engagement and productivity. Read on to answer the question: How do you motivate employees?
It’s the question every employer or HR professional should ask when embedding employee benefits within their business. Employee benefits are an investment in your people. Whatever the aim – reduce absenteeism, increase engagement, improve financial wellbeing or create an employee-retaining EVP – if your employees don’t engage with their benefits, you’re unlikely to achieve your goals. During this blog, we’ll debrief on our 21-Day Money Marathon, an initiative we created to boost benefits engagement and improve financial wellbeing.
The summer holidays can be challenging for working parents, juggling childcare, activities and time off. With so much happening, keeping employee engagement high can be challenging. What of the non-parents in your workplace? Almost half of UK employees admit to being less productive during the summer months. Read on to discover why we’re less focused during summer and why balance is beneficial to keeping employee engagement high during summer.
The UK is facing a labour and tech skills gap, impacting various sectors. Accommodation and food services, Human health and social work, and Manufacturing are most notably affected by labour shortages. In the UK cyber security skills sector, UK businesses have been struggling to recruit the skills they need – a trend that’s been consistent since 2022. When the right skills are hard to come by, retaining those you have is business critical. Read on to discover your employee retention checklist.
Monday, 22nd April, was Earth Day, and this year’s theme is Planet v. Plastics. The organisation is demanding a 60% reduction in the production of all plastics by 2040. Sustainability is at the heart of all we do at Pluxee UK, and we’re constantly striving to innovate our products to provide eco-friendly employee benefits. We’ve moved from reloadable gift cards and paper vouchers to digital alternatives, and we’re thrilled to offer a Virtual First version of our Pluxee Card - a prepaid cashback-earning card powered by VISA. Read on to discover how sustainable, cost-effective and eco-friendly employee benefits can help your business thrive.
What are the absenteeism rates in your business like? Are you concerned? There are several causes of high absenteeism rates, and thankfully, there is much you can do to reduce them. During this blog, we'll explore the steps to take to measure employee absenteeism in your business, identify the potential causes, and give you nine actionable tips to reduce absenteeism.
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.
