All Article articles – Page 567
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Michelle Tudor: How could the general election impact employee benefits?
We can expect to see the national minimum wage continue to increase. The Conservative Party’s sights are set on reaching a minimum wage of £7 per hour, while the Labour Party has pledged to increase the minimum wage to £8 per hour by 2020.A Labour government would also increase the ...
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Dave Roberts: How could the general election impact employee benefits?
I don’t think any new government will back track on the new flexibilities offered following the 2014 Budget. Not only would it be a huge amount of work to unravel, but the changes are proving popular and bring in much needed additional tax revenue for the UK. But I suspect ...
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Pension legislation announcements in February
Draft regulations to cap defined-contribution (DC) pension scheme charges at 0.75% were put before Parliament in February, alongside additional governance requirements.From April, scheme charges will be capped at 0.75% unless employees have specifically chosen a more expensive option.In its response to a consultation on the introduction of a 0.75% cap ...
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Buyer's guide to group income protection 2015
The factsWhat is group income protection?Group income protection (GIP) provides an income to an employee when they are unable to work as a result of an illness or injury. Payment normally starts after a waiting period, typically six months, and can continue until the employee returns to work or, if ...
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Buyers' guide to bikes-for-work schemes
The facts:What is the bikes-for-work scheme?It is a tax-exempt scheme that encourages staff to cycle to work to promote healthier lifestyles and reduce environmental pollution. It enables employers to fund bikes and safety equipment and loan them to workers tax free.Where can employers find more information?Additional information can be found ...
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Anthea Cassano joins VMware
Cassano will be responsible for monitoring salaries and benefits, developing the employee benefits package and preparing and distributing information to staff.She has previously worked at market research firm TNS as compensation, benefits and human resources information systems (HRIS) manager, at Ceridian as compensation and benefits manager and at Vodafone as ...
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Richard Higginson now at Towergate
He will lead short- and long-term incentive projects.Higginson was previously head of reward at Towry, where he won an Employee Benefits award for ‘Most effective total reward strategy’. He has also held senior international roles at both GlaxoSmithKline and British American Tobacco.
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Roland Masterton moves to Mitsubishi UFJ Securities
In this role, he will specialise in the market analysis of employee benefits, salary and other forms of compensation.Prior to starting his new role, Masterton was group reward specialist at global reinsurance firm Aspen Re. He has also worked at the Body Shop, where he was international reward manager.
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KPMG UK appoints Ian Cloke
In this role, he is responsible for global mobility policy and conduct at the audit, tax and advisory services organisation.Prior to joining KPMG, Cloke was vice-president of HR, global mobility and reward services at manufacturing firm Unilever and director of international HR at consultancy Deloitte.
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DLA Piper appoints Jean Slater-Romp
Slater-Romp was previously at law firm Ashurst as senior HR manager, rewards and benefits, and senior manager of compensation and benefits.Slater-Romp previously worked at DLA Piper between 2012 and 2013 as an interim reward and global mobility manager.
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North Halifax Grammar School to offer mental health initiatives
EXCLUSIVE: North Halifax Grammar School in West Yorkshire is to roll out mental health and wellbeing initiatives for staff.The scheme, provided by mental health and wellbeing training organisation Worth-It Projects, will offer mental wellbeing coaching and training to staff.The programme is open to all 60 teaching staff at the school ...
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Google's best-paid jobs
Something for the weekend…Jobs at Google are often highly sought after, making it one of the employers that we all dream about working for.Google provides its workers with a lot of perks: sleeping pods, slides in the office, free rental cars to free gyms on-site and free food. It is ...
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Top 10 most read stories this week
The most read stories on employeebenefits.co.uk from 12-19 February 2015:1. JP Morgan extends benefits to employees’ parents2. End-of-year bonus paid in pigs3. Amey recognition scheme boosts corporate values4. Top tips on how to choose an online benefits portal5. TPR publishes DB to DC transfer guidance6. Microsoft to look beyond digital ...
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Wolseley UK to discuss future of flexible benefits
Wolseley UK will embrace the flexible benefits technology of the future to help drive employee engagement.Speaking in a session titled ‘The future of flex’ at Employee Benefits Connect on 4 March at the Lancaster London, Neil McCawley (pictured), head of reward, benefits and policy at Wolseley UK, will discuss how ...
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Total pay rose 2.1% in final quarter of 2014
Total pay for UK employees increased by 2.1% (including bonuses) and by 1.7% (excluding bonuses) for the period October to December 2014, compared to the same period in 2013, according to research by the Office for National Statistics (ONS).Its UK Labour market survey also found this represented the highest annual ...
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Employers will not incur penalties for late PAYE information
HM Revenue and Customs (HMRC) has announced employers will not incur penalties for delays of up to three days in filing pay-as-you-earn (PAYE) information.HMRC has advised that any employer that has received an in-year late filling penalty for the period 6 October 2014 to 5 January 2015 and was three ...
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Most talked about news in January 2015
Its study of 218 UK employers also found that the most popular way of supporting employees at retirement is through workplace seminars (26%), while 23% of respondents provide access to information via the intranet. “For many employers, particularly those with workforces of less than 2,000, providing advice at or around ...
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Your Housing Group and Martin Arnold now living wage employers
Your Housing Group, Hegarty Solicitors and Martin Arnold Chartered Surveyors are among the latest employers to become accredited living wage employers. The accreditation is a formal agreement by the organisations to pay employees at least £7.85 an hour, or £9.15 in London, higher than the current minimum wage of £6.50 ...
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Two-thirds of employees unaware what colleagues earn
Just 35% of UK staff know what their colleagues earn, but 42% feel comfortable enough to share details of their salaries, according to research by recruitment firm Glassdoor.Its survey of 1,068 UK adults also found that 60% think organisations should make such information more transparent, and 52% believe it would ...
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TPR publishes DB to DC transfer guidance
The Pensions Regulator (TPR) has published guidance on what it expects from defined benefit (DB) pension scheme trustees when a member requests a transfer to defined contribution (DC) schemes. Its guidance aims to ensure trustees have appropriate processes in place to manage transfer requests and to prompt trustees to consider ...