All Article articles – Page 501
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ArticleGovernment retains freeze on fuel duty
Budget 2016: Fuel duty is to remain frozen at 57.95p a litre for 2016-17.This is the sixth consecutive year that the government has retained the freeze on the rate of fuel duty.The continued freeze was announced by Chancellor George Osborne during his Budget 2016 speech today (16 March).Osborne said: “In ...
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ArticleStay up to date with the Budget 2016
Chancellor George Osborne will deliver his Budget 2016 speech from 12.30pm today (16 March).Stay tuned to the Employee Benefits website for the latest updates about how Osborne’s announcements will impact employers and staff, with possible changes predicted on salary sacrifice arrangements to pay and pensions.Follow @EmployeeBenefit on Twitter for real-time ...
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ArticleTotal pay increases by 2.1%
Total pay, including bonuses, increased by 2.1% between November 2014-January 2015 and November 2015-January 2016, according to research by the Office for National Statistics (ONS).Its UK labour market: March 2016 report also found that regular pay, excluding bonuses, increased by 2.2% in the three months to January 2016 compared to ...
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ArticleAberdeenshire and Aberdeen City Councils achieve 10% log-in for car salary sacrifice
Aberdeenshire and Aberdeen City Councils have achieved a 10% log-in rate to their dedicated driver site after revamping their car salary sacrifice scheme.The car salary sacrifice arrangement was revamped in June 2015 as part of wider changes to the local authorities’ employee benefits programme, which is provided by P&MM.Thus far, ...
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ArticleEmployee Benefits Connect 2016 speaker slides
Where speakers have given approval, we have uploaded the slides for the keynote and conference sessions at Employee Benefits Connect 2016, which took place on 9 March at the Lancaster London.Thank you very much to all of the speakers for sharing their ideas, experiences and insights.Keynote speakers:K1: The evolution of ...
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Article77% do not feel in control of their pension savings
More than three-quarters (77%) of respondents do not feel in control of their pension savings, according to research by Hymans Robertson.Its Putting your workforce back in control of pensions report, which is based on a survey of 102 HR and benefits professionals, 2000 pension savers, focus groups, and individuals saving ...
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ArticleAuto-re-enrolment offers an opportunity to re-engage individuals with pension savings
Employee Benefits Connect 2016: Interventions are required to help employees save adequately for retirement.In a conference session titled ‘Using auto-re-enrolment to future proof pensions provision’, at Employee Benefits Connect on 9 March, Amy Hennessy, policy adviser at the Pensions and Lifetime Savings Association (PLSA), discussed how the pension freedoms have ...
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ArticleSalesforce conducts $3m salary adjustment to address equal pay
Cloud computing firm Salesforce has spent a total of $3 million on salary adjustments in order to rectify statistically significant differences in pay between male and female employees carrying out comparable work.The organisation implemented the changes after conducting an analysis of the salaries of its 17,000 global employees as of ...
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ArticleCisco uses online idea sharing platform to encourage employee feedback
Employee Benefits Connect 2016: Cisco International encourages employees to provide feedback and suggestions about their benefits package via an online idea sharing platform.Speaking in a session titled ‘Building a global benefits strategy for the business of the future’, at Employee Benefits Connect on 9 March, Spencer Roach, total reward manager ...
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ArticleThe future work landscape will require a changing approach to reward
Employee Benefits Connect 2016: Reward and benefit strategies will need to adapt to the changing workplace landscape if they are to meet the evolving requirements of the future workforce.Speaking in the closing keynote session titled ‘What is the digital future of the workplace and how different will it be?’ at ...
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ArticleNational minimum wage to rise to £6.95
The national minimum wage rate for employees aged 21-24 years old will increase from £6.70 to £6.95 an hour.The 25p increase will come into effect in October 2016.The national minimum wage rate for those aged 18-20 will rise by almost 5% from £5.30 to £5.55 an hour, and the rate ...
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Article27% of managers are more comfortable discussing employees’ physical than mental health
More than a quarter (27%) of manager respondents are more comfortable discussing employees’ physical health than their mental health, according to research by Axa PPP Healthcare.Its survey of 1,000 managers also found that 45% of respondents are more comfortable discussing physical than mental health because they feel they do not ...
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ArticleEmployers could adapt flexible benefits to address rising eldercare demands
Employee Benefits Connect 2016: Employers could address rising eldercare demands by considering how flexible benefits could be adapted to extend to employees’ parents.Speaking in a session titled ‘Eldercare: changing how we develop the benefits offering’ at Employee Benefits Connect on 9 March, Adam Brooke, international benefits manager at Standard Chartered ...
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ArticleDHL, Orange and Saint-Gobain are certified as a Top Employer Global 2016
DHL Express, Orange and Saint-Gobain are among eight organisations to be certified as a Top Employer Global 2016 for their forward-thinking HR practices and employee benefits offerings.The certification recognises employers that create a workplace environment that promotes the personal and professional development of their employees, that offer exceptional benefits to ...
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ArticleEmployers should proactively educate staff about cancer risks and symptoms
Employee Benefits Connect 2016: Employers can support employees affected by cancer by improving education around risk factors and what steps can be taken to mitigate these.Speaking in a session titled ‘Stepping up the fight against corporate cancer’ at Employee Benefits Connect on 9 March, Dr Pixie McKenna explained that obesity ...
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ArticleJohn Lewis and Waitrose employees to receive 10% bonus
All 91,500 employees at John Lewis and Waitrose are to receive a bonus worth 10% of their salary.The bonus is equivalent to more than 5 weeks’ pay for staff that have been employed by the John Lewis Partnership for the whole year.The bonus has been awarded after the organisation announced ...
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Article28% offer financial wellbeing support
More than a quarter (28%) of respondents offer financial wellbeing support, according to financial education organisation Nudge.Its Financial education: the definitive guide 2016 report, which surveyed 302 employers, also found that 17% of respondents are in the process of introducing a financial wellbeing programme.The research also found that:Half (50%) of ...
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ArticleCafe recruits cat nannies to support feline workforce
Something for the weekend: A cat café in Manchester is on the look out for cat nannies.Recruits will be paid £7.50-£8 an hour, and will undertake round-the-clock shift work.Cat nannies will be responsible for the general wellbeing of the cats at the café, which is due to open this spring. ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 3 and 9 March 2016: Can the government afford to get rid of salary sacrifice?NHS Scotland employees to receive 1% pay rise.EXCLUSIVE: Visualsoft treats staff on Employee Appreciation Day.Lovewell’s logic: Is menstrual leave a forward-thinking or outdated concept?79% used existing workplace ...
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ArticleLouise's lowdown: Starting whistle blows on gender pay gap league tables
In February 2016, the government unveiled its much anticipated draft regulations on gender pay gap reporting. Organisations with more than 250 employees will be required to publish gender pay and bonus gap data on their website, in addition to information about the number of male and female employees across pay ...