All news – Page 64
-
ArticleHow will the Budget 2016 affect employee benefits?
Chancellor George Osborne (pictured) delivered the Budget 2016 on 16 March. It included a number of key announcements impacting reward and benefits:The government is considering limiting the range of benefits offered through salary sacrifice arrangements. It intends to continue to allow pension saving, childcare and health-related benefits, such as bikes-for-work ...
-
ArticleGovernment limits capital gains exemptions for employee shareholder status
Budget 2016: The government is imposing an individual lifetime limit of £100,000 on gains eligible for capital gains tax exemption through employee shareholder status.This will apply to employee shareholder status arrangements entered into from 17 March 2016. It will not apply to existing arrangements.The limit was announced by Chancellor George ...
-
ArticleGovernment retains freeze on fuel duty
Budget 2016: Fuel duty is to remain frozen at 57.95p a litre for 2016-17.This is the sixth consecutive year that the government has retained the freeze on the rate of fuel duty.The continued freeze was announced by Chancellor George Osborne during his Budget 2016 speech today (16 March).Osborne said: “In ...
-
ArticleCompliance news at a glance: January 2016
High Court rules peripatetic staff are eligible for auto-enrolmentThe High Court has ruled that peripatetic workers are eligible to be auto-enrolled into a workplace pension scheme, after Fleet Maritime Services (FMSB) challenged the Pension Regulator’s (TPR) approach and guidance on peripatetic workers. bit.ly/1OTzx1tUS court rules on back-pay case for unpaid ...
-
Article9: The Hub: People moves: Genpact hires Waysome
Leroy Waysome has moved to digitally powered business process management and services firm Genpact as payroll and benefits manager.Waysome's previous roles include HR operations manager at Investec Bank UK, payroll and benefits manager at Toronto Dominion Securities, benefits consultant at Nomura International, and assistant pension and benefits manager at the ...
-
ArticleThe Hub: People moves: Duncan moves to The Mansfield Group
After over 20 years’ of generalist HR experience, Ashleigh Duncan has moved to The Mansfield Group, which is part of Bidvest Logistics. Her responsibilities include managing employee absence and performance, updating contract and updating HR policies. Before being hired by the Mansfield Group, Duncan worked at UPS ...
-
Article
The Hub: People moves: Gujar has moved to TNS
Market research firm TNS has appointed Para Gujar as global reward manager. Gujar has previously worked at City and Guilds as reward business partner (October 2014 until January 2016) and group reward specialist between July 2013 and September 2014. Gujar also held the role of senior consultant at EY between ...
-
![Jim Lythgow Specsavers Corporate Eyecare[1]](https://d1m12snq5oxhll.cloudfront.net/Pictures/100x67/8/5/5/90855_Jim-Lythgow-Specsavers-Corporate-Eyecare1.jpg)
ArticleEXCLUSIVE RESEARCH: 79% believe eyecare enhances employee health and wellbeing
EXCLUSIVE RESEARCH: Just over three-quarters (79%) of respondents believe that having an eyecare policy in place helps with the overall health and wellbeing of their staff, according to research by Specsavers Corporate Eyecare.The research, based on responses from 158 employers, also found that 84% of respondents believe that eyecare can ...
-
ArticleCancer Research UK outsources company cars
Charity Cancer Research UK has outsourced its company cars to control costs, introduce fleet best practice and reduce administration.The organisation has outsourced the management of its 180 cars to provider Fleet Hire in order to run its scheme more efficiently.The charity operates a contract hire scheme, with a single badge ...
-
ArticleEXCLUSIVE RESEARCH: 26% do not provide any pensions support to staff
Just over a quarter (26%) of respondents do not provide employees with any information, advice or guidance about pensions, according to research by The National Skills Academy for Financial Services (NSAFS) in partnership with Axa Investment Managers (Axa IM).However, the survey of 100 employers also found that 73% of respondents ...
-
ArticleCompliance news at a glance: November 2015
Court rules holiday does not need to be retroactively recalculated if hours increaseIn the case of Kathleen Greenfield vs The Care Bureau, the Court of Justice of the European Union (CJEU) has held that employees’ accumulated holiday does not need to be retroactively recalculated following an increase in their hours. ...
-
ArticleEXCLUSIVE RESEARCH: 56% use tools and modellers for financial education
Employee Benefits is hosting a live webinar, Employee Benefits Wired: the changing pensions landscape, at 1pm tomorrow (Tuesday 1 December). Tune in to EB TV to watch the 30-minute panel discussion live. Send your questions to the expert panel by tweeting #EBWired.EXCLUSIVE RESEARCH: Tools and modellers (56%), along with face-to-face ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk on 19-26 November 2015: Asda increases share plan take up by 45%Diesel supplement to remain in company car tax to 202134% believe pets in workplace boost healthGovernment to gather evidence on salary sacrificeAuto-enrolment contribution rate rises to coincide with tax yearEXCLUSIVE RESEARCH: ...
-
ArticleEXCLUSIVE RESEARCH: 76% view financial education as essential for all staff
Employee Benefits is hosting a live webinar, Employee Benefits Wired: the changing pensions landscape, at 1pm on Tuesday 1 December. Tune in to EB TV to watch the session and send your questions to the panel by tweeting #EBWired.EXCLUSIVE RESEARCH: More than three-quarters (76%) of respondents believe it is essential ...
-
ArticleShare scheme tax rules to be simplified
Autumn Statement 2015: The Finance Bill 2016 will introduce measures to simplify the tax rules for employee share schemes.These technical changes will streamline and simplify aspects of the tax rules for tax-advantaged and non-tax-advantaged employee share schemes. The move is aimed at providing more consistency, including putting beyond doubt the ...
-
ArticleStay up-to-date with the Autumn Statement
Chancellor George Osborne will unveil the Autumn Statement at 12:30pm today (25 November). Stay tuned to the Employee Benefits website for the latest news and updates from the Statement. These will cover all announcements impacting employee benefits, from pensions and pay to childcare and salary sacrifice arrangements. We will also ...
-
ArticleEXCLUSIVE RESEARCH: 7% to be unaffected by pension allowance changes
Some 14% of respondents expect the April 2016 reductions in lifetime and annual allowances to affect a significant number of staff, according to the Employee Benefits/Close Brothers Pensions research 2015.From April next year, the annual allowance for those earning more than £150,000 a year will be tapered down to a ...
-
ArticleEXCLUSIVE RESEARCH: 24% offer financial wellbeing support
Despite major reforms to how employees can access pension savings with the introduction of pension flexibilities in April 2015, many respondents are not seeking to address financial wellbeing as part of their overall employee wellbeing strategy.Just 24% of employers offer some, or all, of their employees financial wellbeing support, according ...
-
ArticleEXCLUSIVE RESEARCH: 18% have clear understanding of pension reforms
EXCLUSIVE RESEARCH: Employees have mixed levels of understanding about the pension reforms, according to the Employee Benefits/Close Brothers Pensions research 2015. The reforms, which came into force in April 2015, give pension scheme members over the age of 55 greater freedom in how they can access their pension savings. Further ...
-
ArticleCourt rules holiday does not need to be retroactively recalculated if hours increase
The Court of Justice of the European Union (CJEU) has held that employees’ accumulated holiday does not need to be retroactively recalculated following an increase in their hours.In the case of Kathleen Greenfield vs The Care Bureau, Greenfield worked part time with a holiday entitlement of 5.6 weeks a year, ...