All news – Page 66
-
ArticlePensions research deadline extended
The Employee Benefits/Close Brothers Pensions research 2015 deadline has been extended to Wednesday 30 September so there is still time to have your say.How are the pension reforms impacting workplace pension strategies? How are employers communicating the pension changes to staff? Share your experiences by taking part in the short ...
-
ArticleTake part in exclusive pensions research
How well do your employees understand the pension reforms? What financial education strategies are you using to support staff?Tell us in the exclusive Employee Benefits/Close Brothers Pensions research 2015, which is designed to help you benchmark your organisation’s pensions strategy.We are particularly interested in finding out how the pension reforms ...
-
ArticleBetter work-life balance drives people to change jobs
Around a third (30%) of respondents believe that improved work-life balance is the primary reason someone may change their job, according to research from recruitment firm Robert Half UK.The annual study, which surveyed 200 HR directors, also revealed that 27% perceive higher remuneration, including salary, bonus and employee benefits, as ...
-
ArticlePolice to appeal against EAT decision on age discrimination
An appeal has been filed against the Employment Appeal Tribunal’s (EAT) ruling that a regulation enabling police forces to compulsorily retire officers after they become entitled to a pension worth at least two-thirds of pensionable pay (typically after 30 years’ service) is not age discriminatory.The judgment in the case of ...
-
Article69% take entire pension pot as cash lump sum
More than two-thirds (69%) of respondents have chosen to take their entire pension pot as a cash lump sum since the pension freedoms came into effect in April, according to research by Royal London.The life, pensions and investment firm’s survey of 800 customers found that just under a third (32%) ...
-
ArticleUS court rules Yelp reviewers are not employees
US District Judge Richard Seeborg has dismissed a class action against Yelp in which a group of reviewers sought to be considered employees and therefore be compensated as such.In the case of Lily Jeung, et al., vs Yelp. the claimants alleged that they were ‘directed how to write reviews and ...
-
ArticleCourt rules travel expenses are subject to tax
Reed Employment has lost an appeal against HM Revenue and Customs (HMRC), in which it contested up to £158 million in tax payments relating to travel expenses for the temporary workers it employed.The case covers the period between 2001 and 2006 when the employment agency aimed to make non-taxable payments ...
-
ArticleTribunal rules on valuation of restricted shares
The First-Tier Tribunal has ruled that restrictions should be taken into account when shares issued to employees are valued for tax purposes.In the case of Sjumarken v HM Revenue and Customs [HMRC], Lars Sjumarken was employed by BNP Paribas as an investment banker, in charge of BNP’s EU investment banking ...
-
ArticleGovernment consults on pension freedom charges
The government has launched a consultation on early exit charges surrounding the pension freedoms that came into effect in April.The consultation will examine whether exit charges should be capped for those aged over 55 years that are planning to withdraw money from their pension pots.It will also look at how ...
-
Article10: Interactive: People Moves: Smithson now group head of HR at Hill
Clare Smithson has joined housebuilding organisation Hill as group head of human resources (HR).In this role, she will implement Hills’ new HR strategy, as well as developing its existing framework for employee recognition, reward and training.
-
Article10: Interactive: People Moves: DX Network Services appoints Harris payroll and benefits manager
Logistics and delivery firm DX Network Services has appointed Angela Harris as payroll and benefits manager.Harris’ previous roles include total rewards manager, Europe at Baker Hughes, reward manger at Boots, and senior compensation and benefits officer at DHL International (UK).
-
Article10: Interactive: People Moves: Emma Gaffney now at Benfield Motor Group
Emma Gaffney has moved to Benfield Motor Group to take up the role of reward consultant (interim).Gaffney previously worked at Sage UK between 1999 and April this year, where her positions ranged from reward manager, to reward consultant, reward adviser, HR systems and benefits adviser, training administrator and HR administrator.
-
Article10: Interactive: People Moves: Wolseley promotes McCawley
Neil McCawley has been promoted to group head of reward at construction firm Wolseley.He previously held the position of UK head of reward, benefits and policy.Prior to joining Wolseley, McCawley’s roles included include pay and benefits manager at One Stop, and senior HR project manager at Barclays Bank.
-
Article10: Interactive: People Moves: Honda appoints Caroline Gourlay
Caroline Gourlay has moved to Honda of the UK Manufacturing to become senior reward manager.Gourlay previously worked at Hitachi as a reward consultant, and Trader Media Group in a variety of roles. She was project manager (reward), a manager in the HR shared service centre and compensation, benefits and management ...
-
Article10: Interactive: People Moves: Ashley-Jones moves to Wells Fargo
Gareth Ashley-Jones has taken up the role of Europe, Middle East and Asia (EMEA) benefits manager at banking firm Wells Fargo.He is responsible for all aspects of the organisation’s pension, benefit and wellbeing programmes including governance, plan design, management and budgeting.Ashley-Jones was previously director of AJ Consultancy Services, benefits director ...
-
ArticleHigh Court sides with BBC to cap pensionable pay
The BBC took the decision to introduce a 1% cap on increases to pensionable pay to its three DB schemes to cut its pension liabilities. But the approach that it took to implement the change, requiring members to accept the cap or receive no pay rise, or alternatively to cease ...
-
ArticleConsultation launches on gender pay gap reporting
The government has launched a consultation to establish the details of its plans to make it complusory for large employers to publish the average salaries of male and female staff. The consultation will also look into what information from employers will be published, as well as where and when.Plans for ...
-
ArticleGovernment to consult on pensions tax relief
Summer Budget 2015: Chancellor George Osborne has announced that the government is to consult on a reformation of pensions tax relief.It will publish a green paper shortly setting out the various options, which range from fundamental reforms, for example moving to a system which is tax exempt like individual savings ...
-
ArticlePersonal allowance increases to £11,000
Summer Budget 2015: The tax-free personal allowance will increase to £11,000 a year, Chancellor George Osborne announced during his Summer Budget speech today (8 July).In 2016-17, employees who earn up to £11,000 a year will not pay income tax. The new tax-free personal allowance threshold represents an increase of £400. ...
-
ArticleStay up-to-date with the Budget
Chancellor George Osborne will unveil the Summer Budget at 12:30pm today (8 July). Make sure you stay tuned to the Employee Benefits website for the latest news and updates following the announcement.Employee Benefits will be covering all aspects of the Budget impacting employee benefits, such as pensions, healthcare, pay and ...