All Article articles – Page 527
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Article39% of younger workers prioritise saving
More than a third (39%) of respondents aged 18-24 years old prioritise saving, with this group having saved the greatest percentage of their salary (10.9%) in the last year, according to research by Towers Watson.Its survey of 5,004 employees between the ages of 18 and 65 also found that 44% ...
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ArticleFacebook pays £1.2m towards UK pension contributions
Facebook UK spent £1.2 million on contributions to its defined contribution pension scheme last year, according to its annual report for the year ending 31 December 2014.The social media giant also paid out £35.4 million for employee share-based payment plans in 2014, compared to £15.5 million in 2013.At the close ...
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Article88% would take up the offer of a company car
More than three-quarters (88%) of respondents would take up a company car if the option was offered by their employer, according to research by fleet management provider Lex Autolease.Its survey of 501 employees and 249 fleet managers also revealed that 64% of employee respondents that have a company car say ...
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ArticleDanone sees 82% engagement with car salary sacrifice
EXCLUSIVE: Danone has reported a 82% engagement rate on emails communicating its new salary sacrifice car scheme, which was introduced in September.The organisation also saw 140 active users in the system and more than 50 quotes had been saved in the two weeks following the scheme’s launch.The new scheme aims ...
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ArticleFriday Media Group introduces voluntary benefits
Friday Media Group has launched a voluntary benefits programme and motivational perks for its staff.The scheme, provided by Perkbox, will provide around 220 employees with access to over 100 benefits. This ranges from free spa days, Tastecards, and mobile phone insurance to discounted gym membership, cinema tickets, travel and savings ...
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Article41% see an increase in reported mental health problems
More than two-fifths (41%) of employers have seen an increase in reported mental health problems over the last year, according to research by the Chartered Institute of Personnel and Development (CIPD), produced in conjunction with Simplyhealth.The annual CIPD/Simplyhealth Absence management survey, which surveyed 578 employers, also found that 28% of ...
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ArticleWillis completes PMI Health Group acquisition
Willis Group Holdings, the global risk advisory, re-insurance broking and human capital and benefits organisation, has completed its acquisition of healthcare adviser and broker PMI Health Group.The acquisition, which was initially announced in July 2015, aims to expand the organisations’ range of services and global coverage.PMI Health Group will operate ...
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National Grid renews salary sacrifice contract with Tusker
This article is written by our channel sponsor, Tusker. Following a rigorous tender process, Tusker is delighted to have once again secured the contract to provide SalarySacrifice4Cars for National Grid employees. National Grid is one of Tusker’s most successful schemes. The scheme, which is available to 10,000 employees through an ...
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ArticleSerbian factory pays staff in gold
Something for the weekend…A factory in Serbia has paid its 315 members of staff 30 grams of 22-carat gold, the equivalent of around £800.The Zlatara Majdanpek gold production plant is attempting to settle five-months’ worth of salary arrears to its employees by paying them off using the gold. The organisation ...
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ArticleConfessions of a benefits manager: Candid looks for low-cost perks
Perhaps I can get employees to pay for their own rewards. I bring up the case for voluntary benefits. No, even Big Bad Boss remembers the heartache we had over dental cover. Setting it up was far too much work, and at the end of it we had a miserable ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk on 1-7 October 2015:1. Costa increases barista pay.2. Government to introduce grandparents leave.3. EAT rules on pensions discrimination case.4. SurveyMonkey and Visa introduce genetic testing scheme.5. The benefits of working for the rich and famous.6. Tate and Lyle Sugars boosts pension contributions ...
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ArticleEmployee Benefits - Motivation and Recognition 2015
Read the articles in the Motivation and Recognition 2015 supplement by clicking the links below, or read the online version by using the links to the right under ‘Related articles’ (these articles will go live in stages during October 2015).Motivation and recognition: a round-up of case studies on boosting staff ...
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ArticleHome Retail Group boosts share scheme uptake
EXCLUSIVE: Home Retail Group, which owns retailers Argos (pictured), Habitat and Homebase, has boosted engagement with its employee sharesave scheme by increasing its communications around the benefit.After receiving feedback from its employees, gathered through feedback questionnaires at the point at which staff are invited to join the scheme, Home Retail ...
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ArticleCalifornia acts to bridge gender pay gap
New legislation has been passed in California, USA, to help close the gender pay gap.The California Fair Pay Act was signed into law by Californian governor Jerry Brown to strengthen equal pay legislation in the state. Current law prohibits employers from paying a woman less than a man when they ...
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ArticleFTSE 350 defined benefit pension deficit falls by £7bn
There was a £7 billion reduction in the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations in September 2015, according to research by Mercer.Its Pensions risk survey, which is based on projections from reported financial statements and year-end accounts, found that the accounting ...
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ArticleCourt rules on pensions discrimination case
The Court of Appeal has ruled against a retired worker in his bid to see his husband receive the same pay out from his pension scheme in the event of his death as a spouse of the opposite sex would be entitled to.In the case of Walker vs Innospec Ltd ...
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ArticleTalarius launches staff recognition portal
Talarius has introduced an employee recognition portal to encourage employee suggestions and reward staff for sharing ideas.The Adult Gaming Centers operator, which owns brands Quicksilver (pictured) and Silvers and Winners, has launched the portal to demonstrate to its 1,000 employees that they could make a genuine difference to the organisation ...
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Article31% attend work with an infectious illness
Almost a third (31%) of employees have gone into their place of work with an infectious illness, according to research by office supply chain Staples.Its survey of 3,000 UK office-based workers also revealed that 61% of respondents cite a heavy workload as the main reason for attending work when sick.The ...
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ArticleEmployee Benefits Live 2015 speaker slides
Where speakers have given approval, we have uploaded the slides for sessions at Employee Benefits Live 2015.We would like to say a huge thank you to all speakers for their inspiration, ideas and input in to Employee Benefits Live 2015.Day 1- 21 September 2015K1- Engaging the workforce of the future ...
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ArticleKevin LeGrand: Are the pension freedoms living up to expectations?
After a period of just six months, it would be premature to try and make a meaningful assessment of the new decumulation options. However, some patterns have begun to emerge that provide some indication of possible longer-term trends.To date, members who have encashed entire defined contribution (DC) pots have done ...