All Article articles – Page 557
-
ArticlePeel Ports Group to add cars and holiday trading to flex
Peel Ports Group is to introduce a green cars scheme and holiday trading to its flexible benefits scheme to help keep it fresh for employees.The organisation will allow employees to opt into the new benefits during its enrolment window in May, with the savings made from tax-efficient benefits schemes being ...
-
Article87% of staff say employers should pay living wage if affordable
Some 87% of respondents believe that organisations which can afford to pay the national living wage should do so, according to research by Nationwide Building Society.The living wage, which is currently set at £7.85, or £9.15 in London, is higher than the current national minimum wage of £6.50 per hour ...
-
Article
Developments impacting benefits in April
Exceptions meaning employers will not be not required to auto-enrol individuals who are leaving employment, staff who cancel membership of a pension scheme before automatic enrolment and those with tax-protected status for existing pension savings have been proposed under government draft legislationThe Employment Appeal Tribunal (EAT) ruled that type-two diabetes, ...
-
Article?Southeastern rewards staff with retail vouchers
Train operator Southeastern has rewarded its 4,044 employees with shopping vouchers for their professionalism through the disruption to services during improvement works to London Bridge station.Staff were given £25-worth of retail vouchers to spend at stores, such as including Boots, Mothercare and Sainsbury’s, as a one-off token of appreciation as ...
-
ArticleFemale staff twice as likely to request childcare benefits
Female workers are twice as likely to ask their employer for childcare benefits than their male counterparts, according to research by PricewaterhouseCoopers (PWC).Its study of 2,423 UK employees also found that, when asked to select their two top workplace benefits, medical insurance was valued highly by 32% of women, but ...
-
ArticleCarlsberg UK relaunches flexible benefits scheme
EXCLUSIVE: Carlsberg UK has relaunched flexible benefits scheme for more than 1,700 employees .The brewing organisation, which employs more than 40,000 people globally, has rolled out the scheme following its benefits review in 2014.It carried out the review in order to simplify its benefits administration and to boost take up ...
-
ArticleTata Steel staff to be balloted on pensions strike action
Employees at Tata Steel are to be balloted on industrial action over the steel-making firm’s proposed closure of its defined benefit pension scheme.Trades unins Unite, Community, GMB and the Union of Construction, Allied Traders and Technicians (UCATT) intend to open the ballot for member of the British Steel Pension Scheme ...
-
ArticleEmployee Benefits Wired launches on 28 April
The inaugural Employee Benefits Wired will take place on 28 April in association with mental health charity Mind and Legal and General.The first in a series of live webinars will see an expert panel discuss workplace mental health issues.During the session, key issues will be discussed, such as reducing stigma, ...
-
ArticleAviva completes acquisition of Friends Life
Insurance organisation Aviva has completed its acquisition of Friends Life. The merger will create the UK’s largest insurance and savings business with more than 16 million customers.The acquisition does not change any policy terms and conditions for existing customers with either Friends Life or Aviva products.Aviva first announced the firms ...
-
ArticleMetLife launches wellness programme for staff
Employee benefits provider MetLife has launched a wellness programme for its 400 UK staff.The scheme. which has been developed based on staff feedback, will be launched with a dedicated wellness week from 13-17 April.Through the programme, which is provided by Axa PPP Healthcare, staff will be offered individual health consultations ...
-
Article39% offer staff paid time off to volunteer
More than a third (39%) of respondents offer staff paid time off to volunteer, according to research by the Chartered Institute of Personnel and Development (CIPD).Its From big society to the big organisation: the role of organisations in supporting employee volunteering report, which surveyed 868 employers with more than 250 ...
-
Article09 Events- Employee Benefits launches post-election event
Employee Benefits will host a brand-new event covering everything employers need to know about the impact of the election and the new government’s policies on benefits.The half-day event, which will take place in London, on Monday 15 June, will comprise a series of panel discussions from industry experts on key ...
-
ArticleNew exemptions introduced for auto-enrolment
Employers will no longer have to automatically enrol employees in certain situations due to changes under government draft legislation.Exceptions will be introduced so employers are not required to auto-enrol individuals who are leaving employment, staff who cancel membership of a pension scheme before automatic-enrolment and those with tax-protected status for ...
-
ArticleSundial Group commits to living wage
Sundial Group has received living wage accreditation for three of its businesses and is committed to receiving accreditation for its two further venues.The group’s Barnett Hill hotel and conference centre (pictured), team building firm Teamscapes and venue finding agency, SOS have all received living wage accreditation.This means they will pay ...
-
ArticleJust 1% plan to spend entire pension pot on luxuries
Just 1% of staff aged 50-75 plan to spend all their pension pot on luxuries, according to research by PricewaterhouseCoopers (PWC).The study, which surveyed 1,200 UK adults aged between 50 and 75 years, also found that just over a quarter (27%) of respondents intend to spend some of their retirement ...
-
ArticleMcDonald's employee spends birthday in style
Something for the weekend…While many employers have initiatives in place staff to take their birthday off without dipping into their holiday allowance, McDonald’s has helped one employee to celebrate in style in the workplace.McDonald’s employee Bill Dudley spent his 90th birthday with his co-workers at the Mold restaurant in North ...
-
ArticleRSA and Universal Music shortlisted for alignment of benefits strategy
RSA and Universal Music Group are among the employers that have been shortlisted for the award ‘Best alignment of benefits to business strategy’ at the Employee Benefits Awards 2015.This award gives employers the chance to demonstrate how their benefits strategy is aligned with their broader business strategy; for example, by ...
-
Article200,000 more UK staff protected by group risk schemes
The number of employees in the UK covered by group risk insurance grew by 200,000 in 2014, according to a study by Swiss Re.Its Group watch 2015 report, which analysed and summarised group risk business results at the end of 2014, found that the overall UK group risk market grew ...
-
ArticleMost talked-about news in March 2015
A report by the Work and Pensions Committee recommended that a single pensions regulator and an independent commission will need to be set up to help protect pension savers when the new pension flexibilities come into effect from April 2015. “Our recommendation is based on the belief that a standing ...
-
ArticleStarbucks pays US employees' university fees
Starbucks Corporation has extended its College Achievement Plan to offer to fund university tuition for more than 140,000 eligible US staff.The coffee chain set up its College Achievement Plan, in association with Arizona State University (ASU), to offer Starbucks employees the chance work for a degree qualification, alongside working at ...