Benefits Expert

🚀 Just One Month to Go! Introducing Your 2024 Speakers at the Benefits Expert Summit 🚀 We’re thrilled to announce the lineup for this year’s Benefits Expert Summit! Join us in one month to hear directly from the biggest names in benefits, wellbeing, and rewards. Get ready for exclusive insights as industry leaders share the latest strategies, trends, and innovations shaping the future of workplace benefits. Secure your spot and be part of the conversation - register today! https://eur.cvent.me/1BAz3 #BenefitsExpertSummit #EmployeeBenefits #Wellbeing #HRLeadership

The government's plan to reform the 'fragmented' pensions landscape by creating ‘pension megafunds’ could supercharge pots for savers and boost UK growth. But how will it work for employers? HM Treasury Rt Hon Rachel Reeves CIPD Charles Cotton FCIPD Corporate Adviser Barnaby Low FIA Charles Stanley Fiduciary Management Simon Kew EPMI Broadstone   #LocalGovernmentPensionScheme #LGPS #Pensions #Retirement #WorkplaceSavings #DefinedContribution #DefinedBenefit #Megafunds #PensionsSchemesBill #GovernmentReforms #MansionHouse #Savings #Investment #Growth https://lnkd.in/dbERP3Xs

Research has revealed an urgent need for employers to support gen X employees in enhancing their retirement savings. Born between 1965 and 1980, gen X started work when defined benefits pensions were closing to new members. It was also pre-auto enrolment, which started in 2012, so defined contribution alternatives were not yet widespread. As a result, this age group was caught in the pension system gap. But research from Standard Life shows it is not too late for gen X to save and employers have a key role to play. Standard Life UK Phoenix Group Mike Ambery #RetirementAnxiety #Pensions #WorkplaceSavings #GenX #Millennials #BabyBoomers #Savings   https://lnkd.in/eJh72sA8

Ambassador role for reward and benefits expert Steve Herbert 💫 With a long career in the benefits and wellbeing strategy sector, Steve Herbert, who runs an independent consultancy, will now champion the under-used option of health assessments to employers.  Occupational Health Assessment Ltd #Health #Wellbeing #Ambassador #PodcastCoHost #BenefitsUnboxed

Public sector pay awards surpass ‘plateauing’ private sector 📣 “Significant public sector pay awards announced since the election, along with the additional public sector spending announced in the recent budget, have provided a welcome boost to public sector employers and workers," says the CIPD's senior labour market economist James Cockett.   📣 “In contrast to the public sector, anticipated private sector pay awards have plateaued and are likely to face downward pressure following the increase to employer national insurance contributions and to the national minimum wage announced in the budget.”  CIPD James Cockett #Pay #PayAwards #EmployeeReward #EmployeePay #Wages #NationalMinimumWage #NMW #EmployerNICs https://lnkd.in/e3rU6ZP5

Invisible no more: how a returners’ programme is transforming work for midlife women “I was getting very frustrated that the first round of redundancies were midlife women. They were always, it seemed to me, the first to go,” says Jacquie Duckworth, co-founder and head of Visible Start at Visible Inc.  Jacquie Duckworth Visible Inc #MidlifeWomen #ReturnToWorkProgramme WPP Jane Evans https://lnkd.in/eTdRu-MY

A private medical insurer might be expected to answer employee calls for health benefits by giving staff access to its own brand of PMI. However, one PMI provider explains why they chose a different health and wellbeing route for their employees. Bupa #privatemedicalinsurer #PMI CIPD Wagestream CogCo #CIPDACE24 #wellbeing #health https://lnkd.in/eXBzEJcC

"AI lies convincingly", so HR needs to argue with it, warned Michael Wooldridge, a director at the Alan Turing Institute director and professor of Computer Science at Oxford University. 🤖 He urged HR not to put too much faith in the answers offered by generative AI like ChatGPT, but to learn to repeatedly question and argue with it and demand more from it. 🤖 "It’s not designed to tell you the truth, it’s designed to tell you the most plausible thing," Wooldridge said. Michael Wooldridge CIPD #CIPDACE24 #AI #ArtificalIntelligence The Alan Turing Institute Peter Cheese University of Oxford OpenAI https://lnkd.in/e49awbNH

Employer-funded private medical insurance (PMI) has reached record levels of cover. The Association of British Insurers said levels are at the highest for more than 30 years. #ABI #PMI #EmployeeHealth #Wellbeing https://lnkd.in/eiQC-Sgb

The environmental, social and governance (ESG) credentials of benefits providers have become increasingly important to employers, according to Group Risk Development (GRiD). Katharine Moxham #ESG #GroupRisk #environmental #social #governance #benefits #LifeAssurance #IncomeProtection #Criticalillness #Affordability https://lnkd.in/efxgWgC3