All Article articles – Page 441
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Article85% offer a flexible benefits platform to increase employee engagement
More than three quarters (85%) of employer respondents offer an online flexible benefits platform to increase employee engagement, according to research by Aon Employee Benefits.Its Benefits and trends survey 2016, which surveyed 200 HR, compensation and benefits, reward, finance and pensions professionals, also found that 38% of respondents have an ...
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Article37% believe they will have to work past accepted retirement age
More than a third (37%) of respondents believe they will have to work past the accepted retirement age of 65, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Employee outlook: employee attitudes to pay and pensions report, which surveyed 1,656 employees, also found that 49% of ...
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ArticleSir Philip Green agrees £363m settlement for BHS pension scheme
Sir Philip Green has agreed a £363 million cash settlement with The Pensions Regulator (TPR) for the British Home Stores (BHS) pension scheme.A total of £343 million will be used to fund a new independent pension scheme, and £20 million will be put towards expenses and scheme costs.The new arrangement, ...
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ArticleFollow the action at Employee Benefits Connect 2017
Employee Benefits Connect returns to London on Wednesday 1 March 2017 at the Park Plaza in Westminster.Delegates will be able to attend thought-provoking sessions spanning six conference streams: holistic wellbeing; technology and innovation; employee engagement; driving performance; talent management; data analytics.During the sessions, experts from across the benefits, reward and ...
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ArticleHow to future proof a reward strategy in light of changing pay regulations
Need to knowNew legislation on the horizon could increase pay bills in certain sectors.Changes to salary sacrifice arrangements could also impact the benefits mix.Reward professionals need to communicate with employees, the wider business and government.This year will see a raft of pay and benefits-related initiatives come into force or appear ...
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ArticleGovernment to amend definition of financial advice for regulated firms
HM Treasury is to amend the UK definition of financial advice for regulated firms from 3 January 2018.The government will amend the definition of financial advice for regulated firms so that advice is only given when providing a personal recommendation.The current wider definition for financial advice that is stated in ...
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Article56% collect data on average pay by ethnicity
Just over half (56%) of employer respondents collect data on average pay by ethnicity, according to research conducted as part of an independent review led by Baroness McGregor-Smith.The Race in the workplace: the McGregor-Smith review, which received responses to its call for evidence from 416 employees, 26 employers and 37 ...
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ArticleEXCLUSIVE: Moneypenny to discuss talent management at Employee Benefits Connect 2017
EXCLUSIVE: Telephone and switchboard organisation Moneypenny will provide insight on adopting a successful talent management approach at Employee Benefits Connect 2017.Rachel Clacher (pictured), director at Moneypenny, which ranked fourth in the Sunday Times' 100 Best Companies List 2017, will lead a session titled ‘Putting people first: the importance of being ...
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ArticleKFC, Pizza Hut, Taco Bell and Yum! Brands enhance parental leave for US staff
Fast food restaurant organisation Yum! Brands, which includes KFC, Pizza Hut and Taco Bell, has expanded its paid parental leave policy for US-based staff.The organisation has extended its parental leave policy for birth mothers to 18 weeks at full pay, including six weeks of ‘baby bonding’ time. The enhanced policy ...
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ArticleWhat should employers expect from today’s pension trustee board?
Need to know:Trustees of defined contribution (DC) pension schemes have been placed under the spotlight, leading to a greater focus on governance.Trustees will be under more pressure from employers to ensure that the objectives of a pension scheme are being met.Auto-enrolment, and the increase in the number of savers into ...
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Article48% do not know that tips cannot be used to top up pay to the minimum wage
Almost half (48%) of respondents who earn less than £15,000 a year do not know that tips cannot be used to top up wages to the minimum wage, according to research by the Department for Business, Energy and Industrial Strategy (BEIS).Its survey of 1,435 UK adults who are aged 16 ...
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ArticleEXCLUSIVE: NHS England to discuss data analytics and wellbeing at Employee Benefits Connect 2017
EXCLUSIVE: NHS England will explore the role of data analytics in driving a tailored approach to employee health and wellbeing at Employee Benefits Connect 2017.Eric Barratt (pictured), healthy workforce programme manager at NHS England, will present a session titled ‘Driving positive behaviour for a healthier workplace’ as part of the ...
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Article98% of FTSE 350 organisations offer defined contribution pension schemes to new staff
The majority (98%) of FTSE 350 organisations offer a defined contribution (DC) pension scheme to new employees, according to research by Willis Towers Watson.Its FTSE 350 defined contribution pension scheme survey 2017, which is based on analysis of surveys and public data relating to the pension schemes offered by 97 ...
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ArticleAdmiral Group, EE and McDonald's among Best Big Companies to Work For in 2017
Admiral Group, EE, McDonald's Restaurants and Sytner Group are among the organisations recognised in the Sunday Times' 30 Best Big Companies To Work For 2017 list.The Sunday Times' Best Companies lists are based on the results of anonymous employee engagement surveys, which are designed to allow employees to comment on ...
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ArticleEXCLUSIVE: 23% of benefits professionals hold shares in their employer
EXCLUSIVE: Less than a quarter (23%) of HR and benefits professional respondents hold shares or share options in their current employer, according to research by Employee Benefits.This figure has changed little since the Salary survey was conducted in 2009 and 2008, when 26% and 25% of respondents, respectively, received shares ...
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ArticleEXCLUSIVE: Explore how policy changes are impacting future pensions strategy at Employee Benefits Connect 2017
EXCLUSIVE: Delegates at Employee Benefits Connect 2017 will be able to explore how changes to pension legislation are impacting future benefits strategy.Robin Armer (pictured), senior development manager at Nest, will lead a session titled ‘How are changes in pension policy impacting future pension-based employee benefits strategy?’ as part of the ...
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ArticleDebbie Lovewell-Tuck: Take employee engagement to the next level
As our inaugural Engagement Week, in association with Reward Gateway, draws to an end, it’s time to reflect on the trends and issues currently shaping this area of the benefits market.As a starting point, take a moment to consider what employee engagement really means to you and your business. (And ...
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ArticleJapanese organisation creates app to tell staff when nearby toilets are free
Something for the weekend: All employers want staff to make productive use of their time throughout the working day, avoiding distractions that may keep employees away from completing set tasks. Japanese telecommunications organisation KDDI has come up with an innovative solution to cut unnecessary queuing time at office toilets through ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 16 and 22 February 2017 were: Argos to provide back pay to 37,000 employeesChessington World of Adventures recruits for toddlers to join staffGovernment consults on the sustainability of private sector defined benefit pensionsDebenhams tops government's minimum wage non-compliance listTata Steel employees ...
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ArticleExpress Newspapers agrees to offer pay increase to staff
Media organisation Express Newspapers has agreed to offer a pay increase to staff, including a 2% pay rise for employees earning less than £60,000 a year.Express Newspapers, which publishes titles such as the Daily Express, has agreed to offer a 2% pay increase for employees earning less than £60,000 a ...