All Article articles – Page 534
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Employee Benefits digital magazine - September 2015
Read the full digital September edition of Employee BenefitsSocial issues, such as rising house prices, high consumer debt and pressures on the NHS, can all weigh heavy on employees, but employers can offer a range of initiatives to steer staff though. Find out how in The way to go.Find out ...
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Sky to discuss benefits communication at Employee Benefits Live
John Whitaker, benefits consultant at Sky, will discuss benefits communication strategies at Employee Benefits Live on 22 September 2015.He will deliver a session entitled ‘A guide to successfully marketing your benefits offering’, alongside Anna Cotgreave, reward and benefits manager at law firm Clifford Chance.During the session, Whitaker (pictured) will outline ...
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Government steps up penalties for national wage non-compliance
The government has doubled the penalty fines for employers that do not pay their staff the national minimum wage and new national living wage.Under the new measures, those found guilty of not paying the appropriate rate will be considered for disqualification from their director role for up to 15 years.The ...
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Oliver Bonas receives living wage accreditation
Independent high street retailer Oliver Bonas has been accredited as a living wage employer, meaning that all staff will now be paid at least £7.85 an hour.Oliver Bonas has committed to paying all directly employed staff, as well as third party contractors, the living wage.This includes employees across its 43 ...
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Take part in exclusive pensions research
How well do your employees understand the pension reforms? What financial education strategies are you using to support staff?Tell us in the exclusive Employee Benefits/Close Brothers Pensions research 2015, which is designed to help you benchmark your organisation’s pensions strategy.We are particularly interested in finding out how the pension reforms ...
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Pensions research deadline extended
The Employee Benefits/Close Brothers Pensions research 2015 deadline has been extended to Wednesday 30 September so there is still time to have your say.How are the pension reforms impacting workplace pension strategies? How are employers communicating the pension changes to staff? Share your experiences by taking part in the short ...
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Lend Lease launches wellbeing days
Employee Benefits Live 2015: Lend Lease has introduced paid ‘wellbeing days’ for staff to use to rest and recuperate, so they can return to work and perform at their optimum level.The scheme has been launched on a trust basis, with staff expected to take one wellbeing day per quarter throughout ...
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Heineken and Virgin Media communicate pension changes to staff
Employee Benefits Live 2015: Heineken and Virgin Media have adopted a continuous communications approach to inform staff about the pension reforms.Speaking at a conference session on the effect of the latest general election on workplace pensions at Employee Benefits Live 2015, David Roberts, head of pensions and benefits at Virgin ...
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Former BT employee is entitled to sick pay
The Employment Appeal Tribunal (EAT) has upheld a case ruling concerning a BT Managed Services Limited (BTMS) employee who has been receiving income protection payments (GIPs) that ceased to be insured, and who is unlikely to ever return to work.In the case of BT Managed Services Ltd v Edwards & ...
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Baker and McKenzie sees benefits of supporting working carers
Employee Benefits Live 2015: Law firm Baker and McKenzie has consolidated its parental policies to enhance its support for working parents.At the beginning of 2015, the organisation brought together its maternity, paternity, shared parental leave and adoption policies to form its ‘new parent policy’, providing staff with greater flexibility.The law ...
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Consumer Electronics Association recognised for work-life balance support
The US-based Consumer Electronics Association (CEA) has been recognised for its commitment to helping staff achieve a healthy work-life balance.For the seventh consecutive year, CEA received a Companies As Responsive Employers (Care) Award from the Northern Virginia Family Services.The organisation, which has 150 staff, offers a flexible working arrangement that ...
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Employers must align financial wellbeing to reward
Employee Benefits Live 2015: Employers need to align their financial wellbeing scheme to their total reward programme in order to engage the workforce of tomorrow, according to Ian Hodson (pictured), reward manager at The University of Lincoln.Speaking at a session at Employee Benefits Live 2015, ’Educating your workforce to take ...
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Wealth at Work acquires Life Academy
Financial education provider Wealth at Work has acquired Life Academy, a Wales-based provider of financial education and employee engagement programmes.The acquisition aims to expand Wealth at Work’s presence in the market, particularly in light of the increased demand for pre- and at-retirement financial education triggered by the pension reforms.Jonathan Watts-Lay ...
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Employers should educate staff about childcare voucher changes
Employee Benefits Live 2015: Employers should educate their employees about the government’s changes to childcare vouchers planned for autumn 2017, said Gemma Dainty (pictured), reward consultant at TalkTalk.Dainty discussed the planned changes at Employee Benefits Live 2015, during a session entitled ‘The changes to childcare vouchers: assessing the impact on ...
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82% want benefits to reflect their priorities
EXCLUSIVE: More than four-fifths (82%) of respondents believe their benefits package should change as their personal circumstances and priorities do, according to research by Davidson Asset Management (DAM).Its survey of 439 employees, directors and business owners, which is featured in its Employee benefits: 2035 report, also found that 87% of ...
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50% underestimate likelihood of occupational disability
Half (50%) of respondents think they have a less than one in ten chance of being unable to work through disability, according to research by insurance firm Zurich.Its survey of 1,000 working-age adults also found that nearly two-thirds (60%) think the risk of becoming disabled or too ill to work ...
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44% feel somewhat knowledgeable about retirement savings
Less than half (44%) of respondents consider themselves to be somewhat knowledgeable about retirement savings and financial matters, according to research by State Street Global Advisors.Its 2015 SSGA Global Monitor study, which is based on responses from 3,500 staff in the US, UK, Australia and Ireland, also found that 30% ...
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43% plan to offer pension drawdown option
Less than half (43%) of respondents plan to offer a drawdown option as part of their pension plan, according to research by Towers Watson’s UK DC master trust, LifeSight.Its survey of 100 employers also found that 87% of respondents believe that their employees will want to access some or all ...
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36% of 51-60 year olds have no pension plans
Over a third (36%) of 51-60 year olds have no pension provision, according to research by the Chartered Institute of Payroll Professionals (CIPP).Its survey of 2,010 employees also revealed that around a third (30%) of respondents are not sure if their pension savings are enough to retire on.The study also ...
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32% will not review defined contribution pension schemes
Almost a third (32%) of respondents do not plan on reviewing or adjusting existing defined contribution (DC) pension services for employees following the introduction of the pension flexibilities in April, according to research by Close Brothers Asset Management.Its latest Business barometer survey, which questioned 685 employers, also found that 34% ...