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Five ways that reward can motivate employees to stay with an organisation

Your people are the greatest competitive advantage of your business. When it comes to rewards, not every company has the budget to retain top performers by increasing salaries or offering bonuses.

Here are 5 areas to consider when you next review your reward strategy to keep employees motivated, performing and striving for success.

 

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How to prepare employees for the 2019 pension auto-enrolment increase – a checklist

As we enter the final quarter of the financial year, UK employers are preparing for the next set of auto-enrolment increases, which bring a new set of pressures for both businesses and individuals.  

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Pension scheme governance: Member choices and decisions

More people than ever are joining employer sponsored pension schemes. Whilst this is encouraging news, joining by ‘default’ in reality means that employees do not have to make decisions or choices to enable membership.

The factors that will have the greatest impact on an individual’s retirement fund are determined by the decisions they make; investment, contribution and retirement choices.

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Pension scheme governance: reviewing your communication strategy

Despite auto-enrolment, one of the biggest challenges for pension sponsors is getting people engaged with saving for their futures. Many members have low levels of engagement with, and understanding of, pensions.

As an employer you should be regularly checking to make sure your communications are making an impression on your members and prompting them to act.

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