All Article articles – Page 452
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ArticleEmployee Benefits Connect 2017 to uncover future benefits trends
Benefits, reward and HR professionals attending Employee Benefits Connect 2017 will have the opportunity to listen to thought-provoking and industry-leading conference sessions that tackle future trends, issues and challenges within the sector.The one-day event will take place on Wednesday 1 March 2017 at Park Plaza, London.2017’s conference programme will feature ...
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ArticleHow will the limits on salary sacrifice tax advantages impact benefits strategies?
In the Autumn Statement 2016 presented on 23 November, Chancellor Philip Hammond confirmed that the government will limit the range of benefits that attract tax advantages when offered through a salary sacrifice arrangement.The announcement followed a government consultation, which ran from 10 August to 19 October 2016. Following the Autumn ...
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ArticleHow the Autumn Statement 2016 will affect pay and benefits
Chancellor Philip Hammond delivered his first, and with the scheduled changes to the fiscal event timetable, also his last, Autumn Statement on Wednesday 23 November 2016. Below is a summary of the key announcements impacting employers’ pay and benefits strategies:The range of benefits that attract tax and employer national insurance ...
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ArticleJanet Cooper and Steve Webb recognised in New Year Honours List
Janet Cooper, Charles Counsell, and Steve Webb are among those in the employee benefits and pensions industry to be recognised in the New Year Honours List 2017.Janet Cooper (pictured), partner at law firm Tapestry, was appointed an Officer of the Most Excellent Order of the British Empire (OBE) for services ...
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ArticleAverage advertised salaries fall by 2.7%
Average advertised salaries decreased by 2.7% between November 2015 and November 2016, according to research by Adzuna.Its UK job market report: December 2016, which is based on online job vacancy data in the UK, found that the average advertised salary was £32,221 in November 2016, compared to £33,118 in November ...
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ArticleBarclays and Deutsche Bank are the highest-paying organisations for UK directors
Barclays, Deutsche Bank and JP Morgan are among the top 10 highest-paying organisations for directors in the UK, according to research by Glassdoor.The research, which is based on anonymous base salary reports for jobs with ‘director’ in the title shared by UK employees on Glassdoor between September 2013 and September ...
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ArticleReward Gateway acquires LogBuy UK
Employee engagement organisation Reward Gateway has acquired the UK business of voluntary benefits provider LogBuy.LogBuy, which was founded in 2005, provides benefits programme to more than 200 organisations in the UK, including Philips Electronics and Laing O'Rouke.Reward Gateway and LogBuy have worked to bring their benefits programmes together in order ...
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ArticleWestfield Health to introduce sleep coaching sessions for its employees
Health insurance organisation Westfield Health is introducing sleep coaching sessions for its employees.The sleep coaching sessions, provided by James Wilson, a sleep behaviour and environment expert known as the Sleep Geek, will be available to the 200 employees based at the organisation's head office in Sheffield.The initiative aims to boost ...
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Article44% of staff looking for a new job are unhappy with their benefits package
Almost half (44%) of respondents who are looking to move jobs in the new year are unhappy with their current benefits package, according to research by Canada Life Group Insurance.Its survey of 1,002 full and part-time employees also found that 74% of respondents who are unhappy with their current benefits ...
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ArticleEXCLUSIVE: 37% offer a contract-based defined contribution scheme as their primary pension plan
EXCLUSIVE: More than a third (37%) of employer respondents offer a contract-based defined contribution (DC) pension as their organisation’s primary scheme, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that 85% of respondents which offer a ...
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ArticleEXCLUSIVE: 47% feel more staff want and need at-retirement guidance post-pension freedoms
EXCLUSIVE: Almost half (47%) of employer respondents say the pension freedoms have led to more employees wanting or needing guidance around pension decisions at retirement, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that 36% of ...
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ArticleJewellery store boss surprises staff with Boxing Day holiday gift
Something for the weekend: Although the festive season may mean a more relaxed working environment for many employees, some retail staff may struggle to maintain a healthy work-life balance when longer Christmas shopping hours, high consumer demand and working over the holidays is thrown into the mix. However, Peter Wong, ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 8 and 14 December 2016 were: Axa to introduce global parental leave policyGovernment freezes auto-enrolment trigger at £10,000 a yearBarclays, DS Smith and Rio Tinto recognised for employee share plansWincanton drivers for Argos to strike over holiday back pay43% of the ...
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ArticleMercer to acquire Thomsons Online Benefits
Mercer is to acquire global employee benefits and employee engagement software provider Thomsons Online Benefits.The acquisition aims to bring together Mercer's consulting and broking services with Thomsons Online Benefits' employee benefits technology.The terms of the agreement have not been disclosed.Julio Portalatin (pictured), president and chief executive officer at Mercer, said: ...
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ArticleSlaughter and May revamps pay and benefits package
Law firm Slaughter and May is revamping its pay and benefits package for its 1,139 employees, including a pay increase for associates, the introduction of paid sabbaticals, an on-site doctor, and the opportunity to work from home one day a week.The changes to the firm's compensation and benefits offering are ...
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ArticleEmployee Benefits Awards 2017 entry deadline extended
The Employee Benefits Awards 2017 entry deadline has been extended to Friday 20 January 2017.HR, benefits and reward professionals still have time to enter the annual Employee Benefits Awards, which showcase best practice and innovation in the industry, as well as celebrating the benefits strategies that have impacted on and ...
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ArticleTotal pay increases by 2.5%
Total pay in Great Britain, including bonuses, increased by 2.5% between August-October 2015 and August-October 2016, according to the Office for National Statistics (ONS).Its UK labour market: December 2016 report found that the average total pay was £507 a week, before tax and other deductions in pay, in October 2016. ...
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Article24% check the pension contributions on offer before accepting a new job
Less than a quarter (24%) of respondents check what pension contributions are on offer by a prospective employer before accepting a new job, according to research by Fidelity International.Its survey of 1,230 UK employees also found that 21% of respondents do not check any benefits except for base salary before ...
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ArticleEXCLUSIVE: 45% see the reduced annual and lifetime allowance limits impact 1-5% of staff
EXCLUSIVE: April 2016’s reductions to the annual and lifetime pensions allowances impacted between 1% and 5% of staff in just under half (45%) of employer respondents’ organisations, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that ...
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ArticleWasabi launches employee engagement programme
Sushi and bento restaurant chain Wasabi has introduced an employee engagement programme for its UK staff, including a recognition scheme and access to a range of voluntary benefits.The new programme, provided by Perkbox, gives employees access to benefits such as retail and leisure discounts, including attraction day passes, discounted MOTs, ...