All Article articles – Page 341
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EXCLUSIVE: Bakkavor Group offers discounts to 17,000 UK employees
EXCLUSIVE: Food provider Bakkavor Group, which employs 19,000 staff across 39 sites in the UK, US and China, has launched a discounts package for its 17,000 UK-based employees via engagement specialist Xexec's voluntary benefits portal.The new offering, which launched on 1 October 2018, gives employees access to over 3,000 discounts, ...
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Acas, HSBC and Sky recognised as Best Employers for Race 2018
Non-departmental public body The Advisory, Conciliation and Arbitration Service (Acas), financial services organisation HSBC (pictured), telecommunications business Sky and law firm Slaughter and May are among the organisations recognised on the Best Employers for Race 2018 list, compiled by business-community outreach charity Business in the Community (BITC).Sandra Kerr OBE, race ...
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Breakspear Park gives 300 pumpkins to staff for Halloween
Hemel Hempstead-based business park Breakspear Park has gifted 300 pumpkins to employees based on-site, to help staff manage their work-life balance and avoid extra trips to the supermarket in the run up to Halloween.The pumpkin giveaway, which started last week, forms part of the business park’s wider wellbeing strategy, called ...
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Gig economy workers strike as Uber’s employment status case hits the Court of Appeal
Individuals who work within the gig economy are undertaking a two-day march on Tuesday 30 and Wednesday 31 October 2018, to align with transportation organisation Uber contesting the result of its employment status case at the Court of Appeal.In October 2016, the Employment Tribunal (ET) ruled in the case of ...
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Smith takes on group role at DAC Holdings
DAC Holdings has appointed Vicky Smith as head of HR.Smith has been promoted to the group role from her previous position as head of HR at DAC-owned International Applications.She is responsible for championing the people agenda across all DAC companies, leading the implementation of strategic people initiatives and management of ...
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WSH appoints Stanford
Food services and hospitality group WSH has appointed Maria Stanford as people and talent director.Stanford will join the organisation in January 2019, leading HR teams across the WSH portfolio, which includes BaxterStorey, Benugo, Searcys and Caterlink.Stanford has held senior HR positions at Selfridges Group, Marks and Spencer and Pret A ...
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How will the Autumn Budget 2018 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered the Autumn Budget speech to the House of Commons on Monday 29 October 2018. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:From April 2019, the tax-free personal allowance will increase from £11,850 to £12,500, while the higher-rate ...
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Government announces DC pensions investment drive for business growth
Autumn Budget 2018: The government will support defined contribution (DC) pension funds to invest in growing UK organisations and start-ups through the British Business Bank, according to the Autumn Budget 2018 statement.The British Business Bank is the government’s UK-wide economic development bank aimed at making finance markets work more effectively ...
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Government increases funding for industrial strategy to boost UK’s productivity
Autumn Budget 2018: The government has announced increased investment for initiatives within its Industrial Strategy in order to improve productivity across the UK.Chancellor Philip Hammond (pictured) confirmed in his Autumn Budget 2018 speech, delivered at the House of Commons on Monday 29 October, that research and development will receive an ...
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Employment allowance access restricted to smaller employers
Autumn Budget 2018: Access to the employment allowance (EA) will be restricted to employers with a national insurance contributions (NICs) bill below £100,000 in the previous tax year, chancellor Philip Hammond revealed in the Autumn Budget 2018.The EA allows employers to claim back class 1 NICs of up to £3,000 ...
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Co-investment rate for apprenticeship training to be halved for small employers
Autumn Budget 2018: Small employers' co-investment rate for apprenticeship training is to be cut from 10% to 5%, chancellor Philip Hammond announced in the Autumn Budget 2018.The government is providing up to £240 million of funding to allow for the halving of the rate.Stephen Martin, director general of the Institute ...
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Pensions cold calling to be made illegal
Autumn Budget 2018: The government has confirmed that it will be introducing new legislation to make pensions cold calling illegal.In Monday’s Autumn Budget 2018 speech, chancellor Philip Hammond (pictured) announced that the government will shortly be implementing legislation to make pensions cold calling illegal.Alongside the Budget, it is also due ...
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Government to provide £5m additional funding to make pensions dashboard a reality
Autumn Budget 2018: The government will provide an additional £5 million in funding in 2019-2020 to help bring the pensions dashboard to fruition.Chancellor Philip Hammond (pictured) confirmed in his Autumn Budget 2018 speech, delivered on Monday 29 October, that the Department for Work and Pensions (DWP) will consult later this ...
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Government to introduce 2% digital services tax in 2020
Autumn Budget 2018: From April 2020, the government will introduce a new 2% digital services tax on large organisations, Chancellor Philip Hammond has announced in his 2018 budget.The tax will apply to revenues generated from search engines, social media platforms and online marketplaces where activities are linked to the participation ...
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Off-payroll working reforms to be extended to private sector
Read more updates on the Autumn Budget 2018 in Tuesday’s Daily News emailAutumn Budget 2018: The government is to extend reforms to the taxation of off-payroll working to the private sector, Chancellor Philip Hammond (pictured) has announced in his 2018 budget.The changes to the rules, known as IR35, have already ...
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National living wage to increase to £8.21 an hour from April 2019
Read more updates on the Autumn Budget 2018 in Tuesday's Daily News emailAutumn Budget 2018: The national living wage will increase by 4.9% from April 2019, rising from £7.83 an hour to £8.21 an hour for employees aged 25 and over.Chancellor Philip Hammond (pictured) confirmed in his Autumn Budget 2018 ...
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Government to increase tax-free personal allowance to £12,500
Read more updates on the Autumn Budget 2018 in Tuesday's Daily News emailAutumn Budget 2018: The government has today (29 October 2018) announced a commitment to increase the tax-free personal allowance to £12,500 and the higher-rate threshold to £50,000 in April 2019.The current personal allowance stands at £11,850, and the ...
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Lloyds Banking Group ordered to equalise pensions for men and women
The High Court has ruled that Lloyds Banking Group must equalise its guaranteed minimum pensions (GMP) for men and women, in a landmark judgment that could cost major pension schemes £15 billion.The case relates to GMP schemes that ran between 1990 and 1997 for members who contracted out of the ...
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Workchain staff fined and sentenced for illegal pension opt-outs
Directors and senior staff at Derby-based recruitment organisation Workchain have received suspended prison sentences, and have been ordered to pay more than £280,000 in fines for plotting to illegally opt workers out of their pension scheme.Owners and directors Phil Tong and Adam Hinkley encouraged five senior Workchain staff members to ...
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EXCLUSIVE: 39% do not know the cost of providing healthcare benefits
EXCLUSIVE: Nearly two-fifths (39%) of respondents do not know the approximate cost of providing healthcare benefits, an increase of 9% since 2017, according to research by Employee Benefits and Health Shield.The Employee Benefits/Health Shield healthcare research 2018, which surveyed 162 respondents and was published in August, also found that, of ...