All Article articles – Page 439
-
ArticleTata Steel UK to close defined benefit pension scheme to future accrual
Tata Steel UK has confirmed that it will close its defined benefit (DB) pension scheme to future accrual.The organisation will close the British Steel pension scheme (BSPS) to future accrual from 31 March 2017. From 1 April 2017, the DB scheme will be replaced with a defined contribution (DC) pension ...
-
ArticleHow to motivate carers in the workplace
Need to know:Providing flexibility is one of the most effective ways of retaining and motivating carers in the workplace.Line-manager training is essential to ensure that direct managers understand the different ways in which they can support carers.Internal networks or peer-support groups can help individuals in similar circumstances to connect across ...
-
ArticleGovernment to invest in developing batteries for electric vehicles
Spring Budget 2017: The government will invest in the development, design and manufacture of batteries to power the next generation of electric vehicles.The investment will form part of the Industrial Strategy Challenge Fund (ISCF), which will receive an initial investment of £270 million in 2017-2018.In his Spring Budget 2017 speech, ...
-
ArticleGovernment to consult on accommodation benefits
Spring Budget 2017: The government is to consult on proposals to bring the tax treatment of employer-provided accommodation, board and lodgings up to date.The consultation was announced in the Autumn Statement in November 2016 and confirmed in the Spring Budget 2017 policy paper.The consultation will include proposals that consider when ...
-
ArticleGovernment to call for evidence on taxation of benefits in kind
Spring Budget 2017: The government is to publish a call for evidence on exemptions and valuation methodology for the income tax and employer national insurance contribution (NIC) treatment of benefits in kind.The government announced its intention to call for evidence on this issue in the Autumn Statement 2016, and reconfirmed ...
-
Article9: ppl move: McDonald’s promotes McGregor
McDonald’s Restaurants has promoted Angela McGregor to reward manager.Previously, McGregor worked as senior benefits and compensation consultant at McDonald’s Restaurants. She has experience in performance management, employee benefits and deferred compensation.
-
ArticleGovernment confirms reduction in money purchase annual allowance
Spring Budget 2016: The government has confirmed that the money purchase annual allowance (MPAA) will reduce to £4,000 from £10,000 in April 2017.The reduction was first announced by Chancellor Philip Hammond at the Autumn Statement in November 2016.The money purchase annual allowance applies to those who have accessed their pension ...
-
ArticleGovernment to publish call for evidence on employee expenses
Spring Budget 2017: The government is to publish a call for evidence to better understand the use of income tax relief for employees’ expenses.The call for evidence, which was first announced in the Autumn Statement 2016, was reiterated in the Spring Budget 2017 policy paper.The call for evidence will also ...
-
ArticleMaster trust tax registration process to be aligned to regulator's regime
Spring Budget 2017: The tax registration process for master trust pension schemes will be amended to align with the Pensions Regulator’s (TPR) authorisation and supervision regime.The changes to the registration process were announced in the Spring Budget 2017 policy paper. The alignment aims to increase consumer protection and improve compliance.Under ...
-
ArticleGovernment to monitor national insurance employment allowance
Spring Budget 2017: The government has announced that national insurance (NI) employment allowance is being actively monitored by HM Revenue and Customs (HMRC).Chancellor Philip Hammond announced the move in the Spring Budget 2017, following reports of some organisations using schemes to avoid paying the correct NI contributions.If avoidance continues, the ...
-
ArticleTax-free childcare to be rolled out from April 2017
Spring Budget 2017: The government's tax-free childcare scheme will be rolled out from April 2017.In his Spring Budget 2017 speech, Chancellor Philip Hammond confirmed that the scheme will be introduced next month and that all eligible parents will be brought into the scheme by the end of the year.The government’s ...
-
Article31% feel their employer is more interested in their physical than financial health
Around a third (31%) of respondents believe their employer takes a greater interest in their physical health than their financial health, according to research by Wealth Wizards.Its survey of 2,000 individuals also found that 70% of respondents feel that their physical and emotional wellbeing is negatively impacted when they are ...
-
Article49% do not receive eyecare benefits from their employer
Just under half (49%) of employee respondents state they do not receive any eyecare benefits from their employer, according to research by Specsavers Corporate Eyecare.Its survey of 1,007 employees and 502 employers also found that 41% of employer respondents are concerned about their employees’ eyesight as a result of their ...
-
ArticleExpert judging panel to select Employee Benefits Awards 2017 winners
The judging panel for the Employee Benefits Awards 2017 draws on a wealth of collected experience in HR, compensation and benefits across a range of industry sectors to select this year’s shortlisted and winning entries.The expert judging panel comprises more than 25 employee benefits professionals, including Jo Bean, head of ...
-
ArticleKeep up to date with the Spring Budget 2017
Chancellor Philip Hammond will deliver his Spring Budget 2017 speech at approximately 12.30pm on Wednesday 8 March 2017.Stay tuned to the Employee Benefits website for all the latest updates on how the Spring Budget could impact employers and staff.In the Autumn Statement 2016, key announcements included an increase in the ...
-
Article9: ppl move: Malmaison Hotel du Vin appoints Gamble
Lifestyle hotel group Malmaison Hotel du Vin has appointed Kate Gamble as head of learning and development.In the newly created role, Gamble will drive the uptake of the organisation’s apprenticeship offering, as well as enhance the current training, learning and development programmes available.Previously, Gamble worked as national account manager, hotels ...
-
ArticleBritish Land enhances shared parental pay
Real estate organisation British Land has introduced enhanced shared parental pay for its employees.The enhanced shared parental pay policy will now mirror British Land’s current enhanced parental pay offering, which provides mothers with 26 weeks of leave at full pay. The new shared parental pay policy will apply to mothers ...
-
ArticleEXCLUSIVE: 65% of benefits professionals do not receive a car or car allowance
EXCLUSIVE: Almost two-thirds (65%) of HR and benefits professional respondents do not receive a car or car allowance as part of their benefits package, either as a business or perk driver, according to research by Employee Benefits.The Salary survey 2017, which surveyed 249 HR, reward and benefits professionals in December ...
-
ArticleDance organisation Rambert gains living wage accreditation
Professional dance organisation Rambert has been accredited as a living wage employer by the Living Wage Foundation.The organisation, which employs 48 London-based staff, will pay at least the London living wage rate of £9.75 an hour to both permanent employees and third-party contractors.The living wage is a voluntary rate, which ...
-
ArticleTake part in exclusive research to benchmark your benefits strategy
What does your organisation view as the main barriers to improving employee engagement? How is benefits technology implemented at your organisation? And what role do workplace savings play in your organisation's benefits strategy?Share your insights in the exclusive Employee Benefits/Staffcare Benefits research 2017, which is designed to benchmark your organisation’s ...