All Article articles – Page 526
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Article
5: Top 10 most-read stories online in September/October
1. Employee Benefits Live 2015 speaker slidesRecap the conference sessions you attended at Employee Benefits Live 2015 or catch up with those you missed by looking through the speaker slides from the two-day event. http://bit.ly/1OKEivh 2. Former BT employee is entitled to sick payThe Employment Appeal Tribunal upheld a case ...
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Article
5: Top 10 most-read stories online in September/October
1. Employee Benefits Live 2015 speaker slidesRecap the conference sessions you attended at Employee Benefits Live 2015 or catch up with those you missed by looking through the speaker slides from the two-day event. http://bit.ly/1OKEivh 2. Former BT employee is entitled to sick payThe Employment Appeal Tribunal upheld a case ...
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Articlep3: Pensions research leader column
Almost a third (30%) of respondents to the Employee Benefits/Close Brothers Pensions research 2015 say the most frequent concern that staff have around retirement is a lack of knowledge about how much they need to contribute into their pensions in order to achieve their retirement goals.If an employee reaches their ...
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Article
3 - Editor's comment
The main issues many employers face is managing employees’ expectations about what they can realistically provide and how this stacks up against competitors. Anecdotes about employees who leave an employer for a nominal increase in take-home pay and fail to recognise the full value of the overall reward package they ...
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ArticleAltmann puts defined ambition and automatic transfers on hold
Pensions minister Ros Altmann has announced that plans to impement defined ambition pensions, collective benefits and automatic transfers (also known as pot follows member) have been put on hold.In a statement to the House of Commons, the pensions minister (pictured) said that the timing was not right to ask the ...
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ArticleNAPF rebrands as Pensions and Lifetime Savings Association
The National Association of Pension Funds (NAPF) has rebranded as the Pensions and Lifetime Savings Association (PLSA).The change is designed to allow the association to broaden its reach and account for the different ways in which people save for retirement.Joanne Segars (pictured), chief executive of the PLSA, announced the change ...
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Articlep2 Close Brothers Sponsor's Comment: The pension reforms and some surprising benefits
Who knew that the pension reforms introduced in April 2015 would have so much impact? Well, in truth, lots of people – pension experts, employers, advisers, providers and, we suspect, the government all knew this would be seismic, with providers and employers bearing the brunt of the change and individuals ...
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ArticlePizza delivery nets driver $1,000 tip
Something for the weekend…A pizza delivery driver received an unexpected bonus when she made a delivery to an Ohio church during a service.The reverend of Sycamore Creek Church in Pickerington, Columbus, invited her onstage to ask what the largest tip she had ever received was. After replying that it was ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 8-14 October 2015: Danone sees 82% engagement with car salary sacrificeFacebook pays £1.2m towards UK pension contributionsHow to get board level buy-in for workplace wellbeing initiativesSerbian factory pays staff in goldParadigm introduces salary sacrifice car schemeBaker Tilly acquires Employer ServicesConfessions of ...
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ArticleKingfisher develops pensions app to engage staff
NAPF 2015: Retail group Kingfisher has developed a brand-specific app to engage its 36,000 staff who are members of the Kingfisher pension scheme.The employer’s communications and financial education strategy around pensions began as a way of informing its staff about auto-enrolment, explained Dermot Courtier, head of group pensions at Kingfisher, ...
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ArticleLinkedIn US to introduce unlimited holiday
LinkedIn is introducing unlimited holiday for its US employees, from 1 November 2015.The social media organisation, which employs 8,700 full-time staff worldwide including some 6,000 in the US, is changing its holiday policy in line with one of its key values: ‘Act like an owner’.Its move to a new discretionary ...
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ArticleRoyal Mail staff gifted 1% shareholding
Eligible UK employees at Royal Mail have been gifted a 1% share in the organisation as the government completes the sale of its remaining 13% stake.The government sold its remaining shareholding in Royal Mail, which employs some 143,000 staff, at the price of 455p per share. Proceeds raised from sales ...
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ArticlePartnerships in Care sees 10% take up of car salary sacrifice
Healthcare organisation Partnerships in Care has seen a 10% take-up rate among staff who have registered an interest in its car salary sacrifice scheme, which launched in June 2015.The benefit was introduced after employee focus groups highlighted cars as a benefit that would be of interest to staff.Following consultations with ...
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Article
15: Close Brothers Industry Insight: Getting the balance right for retirement savings
The combination of longer lifespans and new pension freedoms has turned the way we need to plan for retirement on its head.The freedom and choice reforms are now tearing up the traditional covenant between the government and savers. For generations, pensions have been structured as ‘a double-edged incentive’; in return ...
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ArticleEmployee Benefits Awards 2016 open for entries
The Employee Benefits Awards 2016 are now open for entries.There are 23 categories to enter, ranging from pensions and healthcare to voluntary and motivational benefits, and everything in between.Employers can submit entries for as many categories as they would like, providing that entries are tailored to the particular category in ...
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Article68% favour initial tax relief on pensions
More than two-thirds (68%) of respondents are in favour of retaining some level of initial tax relief for pension contributions, according to research by Jelf Employee Benefits.The 2015/16 Jelf Employee Benefits survey found that, from an employer perspective, 27% of respondents do not want to see any change to the ...
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Article29% of women paid less than the living wage
More than a quarter (29%) of jobs for female employees in the UK paid less than the living wage in 2014, according to research by the Office for National Statistics (ONS).This figure fell to 22% in London, but remains higher than the percentage of male employee jobs that paid less ...
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ArticleParadigm introduces salary sacrifice car scheme
Paradigm Housing Group has launched a salary sacrifice car scheme for its 440 staff.The scheme, provided by fleet management firm TCH Leasing, offers employees a fully managed car for a monthly fee. The salary sacrifice arrangement includes insurance, service, maintenance and repair costs.Through the TCH Salsa scheme, staff at the ...
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ArticleBaker Tilly acquires Employer Services
Baker Tilly has acquired payroll, human resources solutions and business services firm Employer Services (ESL).The acquisition aims to expand on the services and expertise Baker Tilly offers to employers and enhance its existing outsourced payroll service.All 45 staff at ESL based in Brentwood, Essex, will join Baker Tilly. Stuart Hall, ...
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Article55% do not receive a reward at Christmas
More than half (55%) of respondents do not receive a reward or gift from their employer at Christmas, according to research by Red Letter Days for Business.Its survey of 2,004 UK employees found that 40% of highly engaged respondents receive a gift to mark the festive season, dropping to 8% ...