All Article articles – Page 391
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Aviva introduces equal paid parental leave
Insurance organisation Aviva has introduced equal paid parental leave, regardless of gender, sexual orientation, or how an employee became a parent (birth, adoption or surrogacy), for staff in the UK, Ireland, France, Singapore and Canada.Each new parent employed by the organisation will be entitled to receive 26 weeks leave at ...
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Top 10 most read stories: 16-22 November 2017
The 10 most read stories on www.employeebenefits.co.uk between 16-22` November 2017 were: Diesel supplement in company car tax to increase by 1%How to ensure group risk policies comply with state pension age increasesUniversities UK proposes closing USS pension scheme to future accrualGovernment to increase personal allowance and higher-rate tax thresholdGovernment ...
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British Embassy in Jordan hires its first diplocat
Something for the weekend: Lawrence of Abdoun has been appointed by the British Embassy in Amman, Jordan to take the role of its first diplocat.Lawrence is the first official cat and overseas envoy for Palmerston, the Chief Mouser at the Foreign Office, and, is responsible for mousing, sleeping and being ...
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Lovewell's logic - The Autumn Budget: a welcome respite from pensions change or a missed opportunity?
For a number of years now, barely a Budget has gone by without an announcement that has resulted in further changes impacting the provision of workplace pensions.It was unsurprising, therefore, that in the lead up to the first ever Autumn Budget on Wednesday 23 November, there was much speculation about ...
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European Commission launches two-year plan to tackle gender pay gap
The European Commission has published a report detailing its proposed plan to tackle the gender pay gap in Europe.The EU Action Plan 2017-2019, Tackling the gender pay gap, which has been issued to the European Parliament, The Council and the European Economic and Social Committee, reports that women in the ...
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How will the Autumn Budget 2017 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered the Autumn Budget speech to the House of Commons on Wednesday 22 October 2017. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:The tax-free personal allowance will increase to £11,850 in April 2018, an increase of £350 from ...
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EXCLUSIVE: 75% are not planning to introduce a Lisa
Three-quarters of respondents (75%) are not planning to introduce the Lifetime individual savings account (Lisa) as a workplace savings tool, according to research by Employee Benefits and Nest.This is a significant increase since 2016 when just a third of respondents (33%) said they would not introduce the Lisa, according to ...
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Employers tax relief for life assurance and overseas pensions to be modernised
Autumn Budget 2107: The government has announced that tax relief for employer premiums paid into life assurance schemes or certain overseas pension schemes will be modernised.The changes, coming into effect from April 2019, will cover policies when an employee nominates an individual or registered charity to be their beneficiary.
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Income tax exemption for Armed Forces accommodation allowances announced
Autumn Budget 2017: The government has announced the introduction of an income tax and national insurance contribution (NIC) exemption for accommodation allowances for Armed Forces personnel.The exemption will apply to certain allowances paid to personnel for renting or maintaining accommodation in the UK private market.The exemption is to support the ...
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National living wage to increase to £7.83 an hour from April 2018
Autumn Budget 2017: The national living wage will increase to £7.83 an hour from April 2018, Chancellor Philip Hammond has announced.On the recommendation of the independent Low Pay Commission (LPC), the national living wage will increase by 4.4%, taking the current minimum level of pay for individuals aged 25 and ...
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Staff will not incur benefit-in-kind tax for charging electric vehicles at work
Autumn Budget 2017: Employees that charge their electric vehicles at work will not incur a benefit-in-kind charge on the electricity used.Chancellor Philip Hammond announced the move, which will come into effect from April 2018, during his Autumn Budget 2017 speech today (22 November).The announcement is part of the government’s focus ...
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Diesel supplement in company car tax to increase by 1%
Autumn Budget 2017: The government has announced that the existing company car tax diesel supplement will increase from 3% to 4% in April 2018.This will only apply to diesel cars that do not meet the latest emissions limits.In the Autumn Budget 2017, Chancellor Philip Hammond also announced that, from April ...
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Government to increase personal allowance and higher-rate tax threshold
Autumn Budget 2017: The tax-free personal allowance limit and higher-rate tax threshold will increase from April 2018.In his Autumn Budget 2017 speech today (22 November), Chancellor Philip Hammond confirmed that the tax-free personal allowance will increase to £11,850 in April 2018, an increase of £350 from the current allowance of ...
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Sharesave savings break extended for staff on parental leave
Autumn Budget 2017: Employees on maternity or paternity leave will be able to take up to a 12-month break from saving into a sharesave (save as you earn) scheme.The change, which was announced as part of the Autumn Budget 2017, will take effect from 6 April 2017.Previously, employees could take ...
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University of London faces lawsuit over collective bargaining on pay and conditions
The University of London is facing a lawsuit filed by The independent Workers Union of Great Britain (IWGB) to argue the case of broadening the trade union rights of outsourced workers.The IWGB claims that facilities management company Cordant Security, which provide a number of employees to the university, including receptionists, ...
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Leicester City Council to pay 1,800 staff living wage increase
Leicester City Council is to increase pay for 1,800 employees in line with the voluntary living wage increased rate of £8.75.The living wage rate was raised on 5 November 2017 to £8.75 an hour for employees working across the UK. In December, approximately 1,800 of the council's low-paid workers will ...
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Keep up to date with the Autumn Budget 2017
Chancellor Philip Hammond will deliver his Autumn Budget 2017 speech at 12.30pm on Wednesday 22 November 2017.Stay tuned to the Employee Benefits website for all the latest updates on how the Autumn Budget could impact employers and staff.In the Spring Budget 2017, key announcements included: a reduction in the money ...
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Employee Benefits Wired: Member engagement
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Employee Benefits Wired: Member engagement
(function(m, i, n, g, l, e, d) { m['WorkCastIntegrationObject'] = l; m[l] = m[l] || function() { (m[l].q = m[l].q || []).push(arguments) }, m[l].l = 1 * new Date(); e = i.createElement(n), d = i.getElementsByTagName(n)[0]; e.async = 1; e.src = g; d.parentNode.insertBefore(e, d) })(window, document, 'script', '//d2uwbgdpur2zq9.cloudfront.net/js/workcast_int_100.min.js', 'wi'); wi('version', ...
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Government publishes draft gig economy bill
The Work and Pensions Committee and the Business, Energy and Industrial Strategy Committee have published a draft bill setting out proposed legislation which, if passed, would assume 'worker by default' status for individuals working in the gig economy and entitle them to employment rights such as the national minimum wage, ...