Employee benefits

25th March 2013


Related Topics

Related tags

  • Skills ,
  • CPD

Author

IEMA

A run down of environment professionals' non-salary benefits as revealed by the IEMA practitioners' survey 2013

Respondents to the 2013 practitioners’ survey were asked to specify the non-salary benefits they receive from their employers. The results are shown in figure 13.

An employee’s benefits package is often not fully appreciated by the individual but can represent significant value in addition to basic salary and bonus payments.

Against a climate of continuing budgetary constraints and modest pay increases, many employers are reviewing their benefits packages and trying to promote their worth to staff. The range on offer, as well as their monetary value, can have a direct effect on how satisfied people feel with their work.

Being provided with a mobile phone or “personal digital assistant” (PDA) and having the opportunity to join a contributory pension scheme are the two most common benefits available to IEMA members, as was the case in the 2011 and 2012 surveys.

Occupational pension provision has been in a state of flux in the UK for several years, prompted partly by greater life expectancy – between 1960 and 2010 the average life span increased by around 10 years for a man and eight years for a woman – and the increasing costs of many schemes after a poor stock market performance.

One significant change has been the steady fall in the proportion of employers offering final-salary pension arrangements. With the amount of pension payments based on a proportion of the individual’s salary at the time of his or her retirement, these schemes typically provide the most generous pension provision.

The survey findings show that the percentage of IEMA members having access to a final salary pension scheme continues to steadily decline.

In 2011, it reported that 28% of respondents were part of such a scheme compared with 24.6% in 2012 and 19.9% in 2013 (although it should be noted that these surveys do not contain matched samples and so are only indicative of any trends).

It means that the proportion of IEMA members with access to this valuable benefit is significantly below that of the UK workforce, according to a 2012 survey of benefits and allowances by specialist pay researcher XpertHR.

Its survey highlighted the demise of final-salary pension schemes but did, nonetheless, reveal that 41% of employers still offered these schemes to at least some employees.

The public sector accounts for most of these schemes, however, with 97% of public sector employers providing final-salary pension arrangements compared with 37.7% in private services.

Although the availability of final-salary pension schemes is declining steadily, employers may still offer employees membership of other formal occupational pension schemes.

Most of these are contributory schemes where the employer, as well as the employee, makes regular payments. Half (49.9%) of the IEMA members taking part in this 2013 practitioners’ survey have access to a contributory pension scheme, such as a “defined-contribution” arrangement, which could be a group personal pension plan, a stakeholder scheme or a “money-purchase” scheme.


Read the full 2013 practitioner survey results:


Transform articles

UK green jobs set to offer better salaries than high-carbon roles

New jobs that help drive the UK towards net-zero emissions are set to offer salaries that are almost one-third higher than those in carbon-intensive industries, research suggests.

5th July 2021

Read more

New measures will require UK businesses to commit to net-zero emissions by 2050 and publish credible carbon reduction plans before they can bid for major government contracts.

7th June 2021

Read more

The Taskforce on Nature-related Financial Disclosures (TNFD) has today been launched to support financial institutions and corporates in assessing and managing emerging risks and opportunities as the world looks to reverse biodiversity loss.

4th June 2021

Read more

The UK government's investment plans for green jobs lag far behind those of most G7 countries, potentially undermining its net-zero emissions target, the Trades Union Congress (TUC) has warned.

2nd June 2021

Read more

Daisy Lavington shares the main talking points of a recent webinar concerning changing employment patterns in a post-COVID-19 world

28th May 2021

Read more

Ben Kite talks to Chris Seekings about how the UK’s skills gap threatens to undermine the country’s environmental ambitions

28th May 2021

Read more

At the end of March, the IEMA Working Group on Environmental Auditing launched The Value of Environmental Auditing: an IEMA Senior Management Briefing.

28th May 2021

Read more

Nearly half of workers would accept a lower salary to work for an organisation that is socially and environmentally responsible, a survey of over 14,000 consumers in nine countries has uncovered.

22nd April 2021

Read more

In Pearce v Secretary of State for Business, Energy and Industrial Strategy, the claimant applied for an order quashing the Secretary’s consent for the Vanguard wind farm.

26th March 2021

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert