All Article articles – Page 445
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Article38% of financial services employers plan to change their parental leave policies
More than two-thirds (38%) of employer respondents in the financial services industry plan to change their organisation-wide parental leave policies over the next 12 months, according to research by Mercer.Its Global financial services executive compensation snapshot survey, which reviewed the pay practices of 42 global financial services organisations in 14 ...
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ArticleCourt of Appeal rules against Pimlico Plumbers in worker-status case
The Court of Appeal has dismissed an appeal by Pimlico Plumbers by upholding that plumber Gary Smith is a worker rather than a self-employed contractor, entitling him to workers’ rights such as access to reasonable adjustments and holiday pay.In the case of Pimlico Plumbers and Charlie Mullins v Gary Smith, ...
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ArticleAsda, Novartis and PepsiCo among the UK's Top Employers for 2017
Asda, Novartis Pharmaceuticals UK, PepsiCo UK and Ireland (pictured), and Travis Perkins are among the 78 organisations that have been recognised in 2017’s Top Employers UK list, compiled by the Top Employers Institute.The annual Top Employers certification process assesses an organisation’s employee offering across nine key areas, including compensation and ...
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ArticleHoward Kennedy achieves 11% increase in take up of healthcare scheme
Commercial law firm Howard Kennedy has seen an 11% increase in take up of its healthcare scheme following the introduction of several new benefits.The London-based firm, which employs around 350 members of staff, introduced a nurse-led advice and claims management service in November 2016, after appointing Willis Towers Watson to ...
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Article68% of employers in south west England offer salary sacrifice pension arrangements
More than two-thirds (68%) of employer respondents in the south west of England enable staff to contribute to their workplace pension via a salary sacrifice arrangement, according to research by Benefiz.Its survey of 50 employers based in the south west of England that employ HR managers or directors, also found ...
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ArticlePizza Hut boss rewards employee with Super Bowl tickets
Something for the weekend: What better way to recognise the hard work of employees than for an organisation to treat individuals to an all-expenses paid trip to an internationally-loved sporting event? That’s exactly what Pizza Hut did when Artie Starrs, president at the fast food chain, gave up his seats ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 2 and 8 February 2017 were: Employer-arranged pension advice can be combined with pensions advice allowanceEXCLUSIVE: Average gender pay gap for benefits professionals is £24,100Government sets out strategy to support older employees to stay in workFinal draft regulations bring further clarity ...
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Article50% do not understand the role of their employer or trustee in their retirement planning
Half (50%) of respondents do not understand the role and responsibilities of their employer or trustee when it comes to planning for their retirement, according to research by LV=.Its survey of 1,004 UK adults aged 55 or over who have a defined benefit (DB) pension but have not started to ...
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ArticleJewson to increase pay to £7.80 an hour for staff aged over 21
Timber and building materials organisation Jewson is to increase the minimum rate of pay for UK-based staff aged 21-years-old or over to £7.80 an hour.Pre-empting the upcoming increase in the government’s national living wage rate, Jewson will make its pay amendments before the national living wage rises from £7.20 to ...
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ArticleCourt rules that woman can receive co-habiting partner's workplace pension
The Supreme Court has ruled that an unmarried woman is entitled to receive payments from her co-habiting partner's workplace pension scheme following his death.Denise Brewster, who brought forward the review, had been living with William Leonard McMullan for 10 years in the shared home that they bought together in 2005, ...
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ArticleLouise’s lowdown: Building the business case to support employees with housing costs
In January 2017, the Mayor of London, Sadiq Khan, signed up the whole of the Greater London Authority (GLA) family to the Fifty Thousand Homes pledge. The Fifty Thousand Homes campaign aims to double housebuilding in London to at least 50,000 homes a year by the end of the Mayor’s ...
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ArticleInfographic: What are the top challenges faced by global organisations?
An infographic showing the top challenges faced by global organisations (Source: Thomsons Online Benefits' Global employee benefits watch 2016/17: driving global benefits transformation, September 2016).Read more in: Can voluntary benefits be offered on a global basis?
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ArticleCan voluntary benefits be offered on a global basis?
Need to know:Benefits providers are able to offer a scheme in multiple global locations, but the benefits will differ from country to country.Organisations should look to have a global strategy but a local approach to offering voluntary benefits.While a specific benefit agenda can be promoted, such as healthcare, the actual ...
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ArticleGovernment invites employer feedback for auto-enrolment review
The Department for Work and Pensions’ (DWP) review of automatic enrolment has called for feedback on the existing and future coverage of automatic enrolment, employee engagement, and contribution levels.The 2017 review of automatic enrolment, which will be led by the DWP and an external advisory group, will seek to ensure ...
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Article34% are distracted by financial concerns at work
More than a third (34%) of employee respondents are distracted at work by financial concerns, according to research by MetLife UK.Its UK Employee benefits trends study 2017, which surveyed 301 employees and 600 HR representatives and decision makers in the UK, also found that more than half (54%) of employee ...
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ArticleEXCLUSIVE: 70% of benefits professionals receive a cash bonus
EXCLUSIVE: Just under three-quarters (70%) of respondents received a cash bonus in the last 12 months, according to research by Employee Benefits.This figure has remained relatively consistent since we first carried out this research in 2008. That year, 71% received a cash bonus, while 74% did so in 2014.The Salary ...
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ArticleFinancial education in numbers
A round-up of the key facts and figures relating to financial education in the workplace:49% of employee respondents feel that their employer does not do enough to support informed financial decisions on savings and investments (Source: Equiniti) bit.ly/2ev3g5o38% of UK employee respondents who work at an organisation with a financial ...
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ArticleFinal draft regulations bring further clarity to gender pay gap reporting
The government published final draft regulations for gender pay gap reporting in December 2016, providing further clarification around the information that employers will have to report.The regulations, which are due to come into effect in April 2017, will require organisations with 250 or more employees to publish the difference between ...
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ArticleAuto-enrolment review to consider how to widen workplace pension scope
On 12 December 2016, the Department for Work and Pensions (DWP) confirmed the key areas that will be tackled in the 2017 review of pensions auto-enrolment.As well as measuring the success of auto-enrolment so far, the review will also investigate how auto-enrolment can be developed further to encourage more individuals ...
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ArticleThe Taxback Group launches global health and wellbeing programme
Global tax and finance organisation The Taxback Group has launched a new health and wellbeing programme for staff across its 33 international office locations.The new health and wellbeing initiative, the GroupLife programme, is available to all 1,000 employees across 22 countries. It centres around three key pillars: mind, body and ...