Benefits Communication

Ensuring that business communication is effective is a huge challenge for employers when communicating employee reward. This has led to a rise in the popularity of the total reward statement. Many companies run seminars and presentations on financial education or bring in IFAs to offer financial advice. Employee communication is a challenge as benefits managers try to use all the media tools at their disposal to market the employee reward package including: seminars, presentations, staff meetings, line managers, text messaging, webinars, podcasts, staff handbooks, staff magazines and online modelling tools.
Definitions of reward and benefits communication terms
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News
First Group rolls out virtual roadshows to help employees understand pension changes
First Group has rolled out virtual roadshows to help its 10,000 UK employees understand the changes to the pension scheme.
15 May CIPD/Benefex research: A third of employers to increase employee benefits spend in 2012
02 May EXCLUSIVE: Aviva research: 30% of respondents do not communicate pensions to staff
11 Apr EXCLUSIVE: Konecta UK harmonises benefits and creates grading structure
02 Apr EXCLUSIVE: Vodafone updates reward website with mobile version
02 Apr EXCLUSIVE: EB Summit: Staff need 'reality check' on need to save
Analysis
Total reward statements show full value of benefits
Total reward statements give staff an insight into the real value of their benefits, and can boost engagement, says Jennifer Paterson
28 Nov When employers should use social media
26 Sep Getting staff engaged in online total reward statements
26 Sep How can an employer stand out from the crowd?
04 Jul Get up to speed on social networking
Case Studies
Case study: Gentoo builds engagement through social media
In November 2011, property developer Gentoo Group launched an internal social media platform to help boost staff engagement.
04 Apr Sainsbury's staff appreciate retail therapy
04 Apr Case study: Yorkshire Water goes back to paper total reward statements
04 Apr Case study: National Grid stays offline for total reward statements
Research
Nest research: Pension jargon puts savers off
One in three (29%) employees put off thinking about saving for retirement because they find pensions confusing, according to research by the National employment savings trust (Nest).
15 May CIPD/Benefex research: A third of employers to increase employee benefits spend in 2012
02 May EXCLUSIVE: Aviva research: 30% of respondents do not communicate pensions to staff
28 Feb Towers Watson research: Pay freezes higher among EMEA-based organisations
01 Nov Mercer research: Meaningful benefits increase employee engagement










