The topic of managing employee absence has attracted a lot of attention in recent years. In a bid to reduce substantial levels of unplanned absence, some large employers have introduced revised policies for the payment of sick pay. Before seeking to propose changes to historic policies and procedures, it is important to understand the 'real' cost of absence to your business.
Watson Wyatt's Attraction & Retention services are designed to help clients find and keep the best talent while optimizing the cost of human capital. Using targeted research and diagnostic tools, we help clients analyze and understand the current state of their workforce and create and implement solutions that link directly to their company's business objectives. On the importance of superior navigational equipment when visibility is limited Time to stand and be counted Death in service benefits are typically provided in the UK together with membership of an occupational pension scheme. Using multiple sources of risk to improve investment efficiency More than glorified market timing? Watson Wyatt’s executive reward consultants work for the remuneration committees of companies, ranging from large multinationals to smaller quoted and unquoted companies. Disability and ill-health early retirement (IHER) benefits are designed to provide a continuing income for employees who are unable to work due to illness or injury.
There is many a slip ‘twixt cup and lip’ Employers operate occupational health (OH) programmes principally to assist in managing and mitigating the health risks within the employee base - the most common aims being to reduce: sickness absence; disability insurance claims; ill-health early retirements; and, increasingly, employee litigation. There is increasing demand for delivery of a pan-European administration service delivery model due to the European Union (EU) Council directive facilitating cross-border pension arrangements. It has the potential to dramatically change the way Human Resources departments can help administer such schemes in the Europeon Union. Learning from the corporate model Building a clearer vision for pension fund investment Private medical cover is designed to meet the costs associated with the diagnosis and treatment of acute medical conditions incurred by employees and/or their families. Risk Budgeting and the Art of Good Risk Taking Successfully exploiting risk Online solutions mean DC
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slipping through. Watson Wyatt are providing a series of fact sheets which will outline the requirements of the UK Government's new pensions legislation. These are organised into a number of themes: Plan Design, Governance, Finance and Investment, Administration, Winding Up and Communications. Reward Strategy plays a critical role in the ongoing and increasingly challenging effort to attract, retain and engage a talented workforce. Backed by proprietary methodologies and research (eg on the relationship between employee remuneration and shareholder value), our consultants work with clients to design and implement a wide range of reward programmes. | 
