Foster Denovo|News & opinion|News|Charities – the need for benefits communication

Charities – the need for benefits communication

Research (1) conducted by Mybenefitsatwork has uncovered that the vast majority of third sector employers (95%) believe the responsibility lies with them to keep their staff informed about changes to pensions legislation.

And this is supported by the fact that well over three quarters (82%) of employees believe the duty rests with their employer.

Mybenefitsatwork is a new online service launched by the award-winning national firm of financial advisers, Foster Denovo Limited. It enables employers of all sizes to communicate their employee benefits to their staff through an interactive website.

The research also went on to uncover that just under half (49%) of charity employers provide communication of their benefits via a staff handbook. The same proportion (49%) correspond via a new joiner induction programme.

When it came to addressing what prevents third sector employers from communicating their benefits more effectively, well over three quarters of employers (79%) said they did not do more due to lack of inclination. 31% stated lack of time was the main reason.

When asked, employees in the charity sector believed resource (63%), time (52%) and cost (47%) were the main reasons why their employers didn’t fully communicate their benefits.

Please click here to read the press release in full.

(1) July 2015. Mybenefitsatwork commissioned Atomik Research to conduct two surveys. The first survey went to 100 business employers and 100 charities. The second to 100 employees in small businesses and 100 employees in charities.

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