All Article articles – Page 503
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Article23% have yet to review schemes in light of pension freedoms
Almost a quarter (23%) of respondents have yet to review their pension scheme investment strategy since the pension freedoms were introduced in April 2015, but plan to do so this year, according to research by Willis Towers Watson.Its Pension design survey, which surveyed 160 of the UK’s largest organisations, also ...
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Article80% of UK organisations lack staff engagement
Some 80% of UK respondents face a lack of employee engagement in their organisation, according to research by Deloitte.However, its Global human capital trends survey, which is based on 7,000 responses from HR and business leaders in 130 countries, including 140 UK employers, found that just over a third (36%) ...
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ArticleCBI to discuss data analytics for future benefits strategies at Employee Benefits Connect
Nigel Hopkins, resource director at the Confederation of British Industry (CBI), will outline how data can be utilised to future proof an employee benefits strategy at Employee Benefits Connect 2016 on 9 March.Speaking alongside Dr Eric Tyree, chief data scientist at Capita Employee Benefits, in the session entitled ‘Using data ...
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ArticleRolls-Royce introduces financial education and engagement strategy
Rolls-Royce has implemented a financial education and employee engagement strategy to engage employees with saving for retirement, and switched pension scheme providers.The strategy, which includes financial education presentations and access to an online platform, is designed to help employees take control of their finances.The aerospace power systems manufacturer introduced the ...
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Article67% of generation Z employees view salary as most important aspect of a job
More than two-thirds (67%) of generation Z respondents consider salary to be the most important thing about a job, according to research by leadership development organisation the Forum Corporation.The Forum generation report, which surveyed 250 generation Z employees (those born between 1994 and 2000) and 750 employers, also found that ...
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ArticleGain insight into balancing benefits and financial wellbeing at Employee Benefits Connect
Those who attend Employee Benefits Connect 2016 can gain insight into how employee benefits could potentially harm employee’s financial wellbeing, as well as the measures that can be taken to address this, in a session led by Darren Laverty (pictured), partner at Secondsight.During the conference session, Laverty will discuss the ...
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ArticleMeeting the challenge of the national living wage
Since Chancellor George Osborne announced the creation of a new national living wage in his 2015 Summer Budget, planning how to deal with the associated cost increases has challenged many organisations.When the national living wage comes into effect next month, the minimum hourly wage for employees aged over 25 will ...
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ArticleOmbudsman upholds pensions tax complaint against police
The Pensions Ombudsman upheld a complaint against the Police and Crime Commissioner of South Wales over its failure to inform a police officer of the tax implications of re-employment on his retirement benefits.The police officer, Mr Cherry, retired in June 2011 and was re-employed by the Commissioner within one month ...
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ArticleWilliam Hill to pay all employees the national living wage
William Hill is to pay all of its 12,500 employees at least the national living wage rate of £7.20 an hour.The national living wage, announced by Chancellor George Osborne in the Summer Budget 2015, is mandatory for workers aged 25 and over and will come into effect from April 2016.The ...
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ArticleBankers' bonus cap regulations will not extend to small firms
The Bank of England and Financial Conduct Authority (FCA) will not apply bonus cap rules to smaller firms.The FCA and Prudential Regulation Authority (PRA) have informed the European Banking Authority (EBA) that they will comply with all elements of the EBA Guidelines on sound remuneration policies, except for the provision ...
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ArticleLaw Society of Scotland increases trainee solicitor pay rates
Trainee solicitors in Scotland are to receive a pay rise following an increase in the Law Society of Scotland's mandatory and recommended rates of pay.From 1 April, the Law Society’s Council has agreed that only trainee contracts that pay at least the voluntary living wage rate of £8.25 an hour, ...
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ArticleLearn from industry leaders at Employee Benefits Connect 2016
Employee Benefits Connect 2016 is fast approaching. The one-day event will take place on 9 March at the Lancaster London.The event will give attendees the opportunity to stay ahead of the curve by hearing the latest thinking on the future of reward.The comprehensive conference programme will provide insight into benefits ...
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ArticleEY, Iceland and Nationwide are among the 25 Best Big Companies to Work For 2016
EY, Iceland, Nationwide Building Society, Skyscanner and Water Aid are among the organisations recognised in The Sunday Times' Best Companies to Work For 2016 lists.The lists rank the best large employers to work for (3,000 employees or more), the best 100 mid-sized organisations to work for (between 250 and 3,000 ...
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ArticleEXCLUSIVE: Royal Bank of Scotland engages staff with its sustainability goals
EXCLUSIVE: Royal Bank of Scotland (RBS) is engaging employees with its sustainability and energy-efficiency goals as part of its corporate social responsibility (CSR) policy.The organisation's environmental target framework focuses on one initiative each month to boost employee engagement with different environmental aims. Throughout February 2016 it is focusing on energy ...
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ArticleLearn about measures to address sickness absence of the future at Employee Benefits Connect
Delegates who attend Employee Benefits Connect 2016 can gain insight into the importance of early intervention for sickness absences.In a session entitled ‘Taking measures to protect businesses from sickness absence costs of the future - the benefits of early intervention’, Beth Rose Husted, vocational rehabilitation services manager at Unum UK, ...
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ArticleEXCLUSIVE: IPG Mediabrands to launch financial wellbeing programme
EXCLUSIVE: IPG Mediabrands is to introduce a financial wellbeing programme for its 381 UK employees.The programme, provided by Nudge Global, will include online tools and information which staff can personalise to their individual financial needs, such as paying off student debt, getting on the housing ladder, having children and saving ...
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ArticleLandmark launches staff recognition and CSR portal
Landmark Information Group has launched a staff recognition and corporate social responsibility (CSR) portal for its 400 employees.The portal, Bee Hive, aims to recognise employees’ personal fundraising achievements as well as the wider CSR initiatives led by the business. It also provides details on the latest challenges, community programmes and ...
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ArticleGain insight into the future of master trusts at Employee Benefits Connect
Delegates who attend Employee Benefits Connect 2016 will have the opportunity to gain insight into the future of master trusts in defined contribution (DC) pension provision in a conference session hosted by Willis Towers Watson.During the session, Fiona Matthews managing director of Life Sight at Willis Towers Watson and Richard ...
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ArticlePuppies help de-stress Australian workplaces
Something for the weekend…Workplaces in Australia are being helped to de-stress and become more productive with the help of some furry friends.On 25 February, Uber teamed up with Purina’s Pets At Work initiative and local animal shelters in eight Australian cities to offer employees the opportunity to cuddle a puppy ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 18 and 24 February 2016: British Gas case ruling confirms that commission must be included in holiday pay calculations.How will the changes to the lifetime and annual allowances affect higher earners?Self-parking chairs steer into place in Japanese offices.89% say wellness programmes ...