All Analysis articles – Page 88
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Analysis
Salary sacrifice can ease impact of national insurance rise
If you read nothing else, read this... From 6 April, national insurance contributions (NICs) will increase by 1% for employers and employees. Offering tax-efficient benefits such as childcare vouchers, bikes for work and pension contributions via salary sacrifice arrangements can help mitigate the impact of the NI increase. Employers are ...
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Analysis
Fleet policies go greener
If you read nothing else, read this...During the financial crisis, employers were hesitant to acquire new cars, so it became more common to extend hire contracts.Employers are looking to greener cars to reduce the cost of running a fleet.Employers are monitoring business miles, considering whether travel is necessary and if ...
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Analysis
Healthcare cash plans can be a bargain
If you read nothing else, read this... Low-cost health cash plans can deliver value as long as staff actually benefit from the limited cover they provide. Establishing what expenses staff are likely to claim for, and communicating the value of the cash plan, is key to achieving cost-effectiveness. Plans should ...
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Analysis
Thought leaders: Academic insights: Financial knowledge is an essential skill
Key points 71% of people blame a lack of personal finance understanding for debt. 7% learn about personal finance from parents and 4% from banks; 81% pick it up through trial and error. 16% of Brits are not knowledgeable about personal finance until they are at least 35 years old. ...
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Analysis
Thought leaders: Academic insights: Renting cars by the day can save money
Key points Many company-provided cars are under-utilised Grey fleet cars are now subject o health and safety regulations Daily rental contract rates can be cost-effective and software can assist with in-house monitoring†Daily rental could be a cost-effective way to provide cars for business use, says Peter CookeConventional wisdom suggests that ...
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Analysis
Thought leaders: Academic insights: Flexibility is the key to reducing absence
Absenteeism and presenteeism both need to be tackled by employers, says Ivan RobertsonEvery employee needs to take time off sick now and again, but for the employer, lost time is a problem - sometimes a severe one. According to the Chartered Institute of Personnel and Development’s (CIPD) Annual survey report ...
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Analysis
Retirement Savings supplement
Download a PDF of the Retirement savings supplementSponsor’s comment: Utilising workplace savingsInvestment choicesChoosing a fund managerCorporate wrapsCorporate wrap products
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Analysis
Retirement savings: Sponsor's comment: Utilising workplace savings
An array of savings vehicles is available to employees, and education is needed to ensure they understand the full benefits, says Jonathan Watts-Lay, director of Wealth at WorkEmployees have more control over their savings than they have ever had before. And, with the introduction of new regulations and the additional ...
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Analysis
Line managers have vital role in motivation
If you read nothing else, read this…Line managers’ role in motivating staff should begin with developing a personal link between the manager and their employees.Informal recognition, such as a simple thank-you, can be more effective than formalised, organisation-wide recognition schemes.The effectiveness of peer-to-peer recognition can also be effective, but can ...
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Analysis
Retirement savings: Corporate wrap products
These are early days for the UK corporate wraps market, so what is available and what is in the pipeline? Tynan Barton rounds up what the providers have to offerThe corporate wrap market is still in its infancy, with several providers having entered the market and many more yet to ...
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Analysis
Retirement savings: Corporate wraps
If you read nothing else, read this... Corporate wrap platforms are the subject of a great deal of hype, but very few have actually launched to market. Corporate wraps are particularly suited to low-paid staff, younger employees, those with debt, and higher earners. However, employers should not overlook other staff. ...
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Analysis
Retirement savings: Choosing a fund manager
If you read nothing else, read this... Most fund managers specialise in one particular asset class. A fund manager’s risk profile is particularly important for employers trying to minimise the volatility of pension investments. An intermediary or consultant can help employers and trustees identify a manager that best suits the ...
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Analysis
Retirement savings: Investment choices
If you read nothing else, read this... Risk is an important factor to consider when designing an investment strategy for contract-based DC pension schemes. Employers should think carefully about how they will structure their contractbased DC scheme’s default fund because this is where the majority of members will end up. ...
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Analysis
Benefits under pressure in Portugal
If you read nothing else, read this... Currently, 90% of employers offer company cars, but a tax squeeze could prompt some to close their schemes. Portugal used to have one of the world’s most generous social security systems, but 2007 reforms put moreresponsibility for retirement provision onto individuals and employers. ...
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Analysis
Tailoring reward on a regional basis
If you read nothing else, read this... Tailoring a reward strategy to suit each region in which an employer operates can help to target labour issues, such as recruitment and retention, resulting in a more efficient reward spend. Regional pay variations have been used by some employers for years. There ...
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Analysis
Update on annuities
If you read nothing else, read this... The government is removing the requirement to select an annuity by the age of 75. Pension schemes are legally required to offer the open market option, but many employees do not exercise theirright to shop around for the best deal. Variable annuity products ...
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Analysis
Airbus reaches for the sky with staff benefits
Case study: Airbus flex scheme is ‘fantastic’Tim Flook, integrator, materials and processes, joined Airbus in 1990. His role in engineering structures requires him to manage the work and deliverables for the A400M military transport aircraft. Flook liaises with chief engineers and architects to ensure the work is delivered on time ...
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Analysis
Private medical insurance for executives
If you read nothing else, read this... Outpatient treatment limits for executive staff can be upgraded to a full refund. Some executive employees do not have to disclose medical history. Executives' families are generally included in their PMI plan. Common features of executive PMI include: diagnostic scans, cancer treatments, pregnancy ...
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Analysis
Benefits can ease mothers back to work
If you read nothing else, read this… Employers can offer a range of perks to entice parents to return to work after a period of parental leave. These benefits include: childcare vouchers and back-up emergency provision; onsite nurseries and discounts at offsite nurseries; ante- and post-natal workshops, sessions or classes; ...
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Analysis
International reward
Download a PDF of the International Reward supplementSponsor's comment: Employers need proper coverNew world order for staff share schemesThe advantages of offshore benefits arrangementsEmployers reconsider overseas assignments