All Analysis articles – Page 122
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Analysis
Treat cars as a strategic HR asset and you'll motor
This article is brought to you by Alphabet.Cars don't just help employees do their job, they reinforce the psychological contract that is so important in achieving goals in both retention and productivity terms, says Richard Schooling, commercial director, AlphabetCars offer huge potential to HR departments seeking to support smarter, stronger ...
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Analysis
Royal Mail's reward strategy pays off
Last year, Royal Mail went out on a limb with its scheme that rewarded employees for workplace attendance by handing out cars and other luxury prizes, but the strategy has achieved key goals, says Jon Allen, head of employee relations at Royal Mail.Article in fullAs British industry responds to the ...
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Analysis
Senior staff may need greater incentives to transfer to jobs in UK
Employees transferring to the UK from overseas have typically seen packages reduce over the past few years, but senior staff may require greater incentives to move, says Vicki Taylor.Packages for most employees transferring to the UK from other territories have typically been reduced in recent years. But senior staff can ...
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Analysis
Flex can help control PMI costs
Medical advances and costly new drugs are boosting the cost of PMI, but there are a number of measures employers can take to counter this, says Amanda WilkinsonIf you read nothing else, read this ...Costly new drugs and advances in medical technology are putting pressure on the cost of private ...
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Analysis
New tax breaks introduced to boost employee share plan take-up in Germany
The German government has proposed new tax breaks to boost take up of employee share plans and increased perks for working parents, says Nick GoldingIf you read nothing else, read this ...The German government has proposed to increase tax breaks to make employee share schemes more lucrative.A declining birth rate ...
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Analysis
Introducing an international flexible benefits scheme
With different laws, taxes, cultures and traditions, introducing an identical international flex scheme across all territories seems like an impossible dream, says Vicki TaylorInternational flexible benefits plans are still the exception to the rule, but interest in such schemes is gradually increasing.Not too long ago, organisations that introduced a flexible ...
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Analysis
Debra Corey of Honeywell discusses tailoring benefits country by country
Providing cross-border benefits complete with a myriad of variables is a dizzying prospect, but Amanda Wilkinson finds out from Honeywell’s Debra Corey that while consistency is key, it is often easier to standardise the perks package country by country so regard is paid to local practicesLuncheon vouchers may be an ...
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Analysis
Do armed forces' perks deserve the criticism?
Armed services' housing may have come under fire from the British media, but perks issues are at the front line of MoD thinking, says Nick GoldingArticle in fullOf late, benefits that are awarded to the armed forces have hit the headlines for all the wrong reasons. Instead of attracting new ...
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Analysis
High earners appreciate benefits beyond wages
A common reward myth states that staff at the top are only motivated by money, but perks also have a key role to play, says Nick GoldingWhen it comes to incentivising high earners, the normal rules of motivation may not always apply. While there is rarely ever one perk that ...
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Analysis
Making GPPs more appealing
Take-up of group personal pensions lags behind other types of occupational schemes, but Vicki Taylor questions if this should be so and looks at revamping their appealIf you read nothing else, read this ...Group personal pensions (GPPs) typically achieve lower take-up rates among employees than some other types of schemes.Employers ...
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Analysis
Is it always more beneficial to implement a tailormade flex sheme?
Lower prices mean bespoke and off-the-shelf flex schemes are no longer worlds apart, says Kate DonovanArticle in fullFor Keira Knightley gliding down the red carpet swathed in a silk dress, created by a top designer, has become a regular occurrence. For others, that is not an option. However, investing in ...
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Analysis
Addictions lead to performance decline
Alcohol abuse has existed in the workplace since the industrial revolution, so supervisors must be properly trained in intervention perks to help staff to beat their demons and work effectively, says Tony Buon, lecturer at Aberdeen Business School, Robert Gordon University.Following the industrial revolution, the abrupt transition to organised factory ...
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Analysis
Overseas stints have become shorter and more frequent since 9/11
HR's remit is shifting as organisations become ever mindful of expat costs, with the emphasis on shorter more frequent stints overseas, says Laverne HadawayThere was a time when employees sent abroad to work were supported by a large package of benefits designed to cushion the effects of the move.Then came ...
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Analysis
Government plans financial education service
Government intentions to design a national financial education service could impact on workplace schemes.Plans by the government for a national financial education service could help employees understand their pensions and plan for retirement.A team, led by Otto Thoreson, chief executive officer of Aegon UK, has been charged with researching and ...
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Analysis
Supporting staff with caring responsibilities is good for business
Building on new legislation to offer support to staff with caring responsibilities can have numerous business benefits for employers, says Vicki TaylorNever before has there been such a great focus on employees’ caring responsibilities outside of the workplace. While the right to request flexible working has existed for working parents ...
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Analysis
Supporting carers can be good for business
Employers are coming under increasing pressure from all quarters to offer flexible working to staff, says Amanda Wilkinson, editor of Employee Benefits. The green lobby believes it will help ease congestion, while new legislation in the form of the Work and Families Act 2006 is imposing extra duties on companies ...
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Analysis
Are Amaps a threat to fleets?
Tax-friendly authorised mileage payment allowances have affected company car uptake, so will the government clamp down on lost revenue, asks Nick GoldingIf you read nothing else, read this ...Authorised mileage allowance payments (Amaps) permit employers to reimburse personal car drivers for business miles tax free at 40p for the first ...
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Analysis
Salary sacrifice on pensions
Good admin systems are vital for employers introducing salary sacrifice on pensions, says Ceri JonesArticle in fullIf you read nothing else, read this … Salary sacrifice pensions admin will be straightforward if systems are robust.Carrying out a feasibility study will highlight the impact of reducing pay on benefits such as ...
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Analysis
Profit sharing - how it works
Profit sharing schemes can help incentivise staff, but can sometimes be seen as an entitlement, says Jamin RobertsonArticle in fullUnicorn Grocery, a Manchester-based organic food co-operative, has, in the past, celebrated success by returning a portion of its profits to its 50 staff in equal shares.However, since tax breaks on ...
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Analysis
Group products to regenerate group income protection?
Group income protection is often perceived as complicated and expensive. That has long been the view of individual income protection products and, on a group basis, employers are especially nervous about the long-term commitment of providing for employees who are off sick.If you read nothing else, read this ...The group ...