All Article articles – Page 601
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ArticleValue of share options granted through EMI schemes rises
The value of share options granted through enterprise management incentive (EMI) schemes has risen by a quarter in the past year from £200 million to £250 million, according to law firm Pinsent Masons.Shares acquired since 6 April 2012 have qualified for entrepreneurs’ relief on capital gains tax, even if the ...
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ArticleIMG launches personalised financial education
EXCLUSIVE: IMG has launched a financial education programme for its 1,500 UK employees.The global sports, media and fashion organisation introduced the programme during its inaugural Wellbeing Week at its Stockley Park campus at the end of July.The event also included the promotion of the organisation’s employee assistance programme and discounted ...
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Article?TRL launches car salary sacrifice scheme
The UK’s Transport Research Laboratory (TRL) has launched a salary sacrifice car scheme for its employees. Through the scheme, which is provided by Leasedrive, employees at the transport innovation, research and advice company will be able to sacrifice some of their salary in exchange for a new car, which is ...
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ArticleQ Care launches car pool scheme
EXCLUSIVE: Q Care has launched a car pool scheme for its 600 employees. The domiciliary care organisation is offering staff a contract hire agreement with provider Lex Autolease, leasing 28 cars with plans to extend this to 100.Its previous travel arrangement meant employees had to use personal cars for business ...
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ArticleGovernment publishes draft Taxation of Pensions Bill
The government has published its draft Taxation of Pensions Bill, which provides further details around how people can access defined contribution (DC) pension savings flexibly from April 2015.Its Pension flexibility: (draft) taxation of pensions bill, formally introduces:The concept of ‘flexi-access drawdown’ (FAD). There will be no restrictions on how money ...
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ArticleReading Uni launches salary sacrifice cars and bikes
EXCLUSIVE: The University of Reading has launched a salary sacrifice car leasing scheme and re-introduced its bikes-for-work scheme.The new benefits are aligned with the university’s sustainable travel plan and carbon reduction targets.Claire Eckett, HR manager, rewards and benefits at the University of Reading, said: “These benefits support the plan by ...
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ArticleA third of SMEs offer health and wellbeing benefits
More than a third of small and medium-sized enterprises (SMEs) do not have any health and wellbeing benefits in place, according to research by the Chartered Institute for Personnel and Development (CIPD).Its Age diversity in SMEs: reaping the benefits research, which surveyed nearly 600 senior decision makers in SMEs across ...
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ArticleBAE Systems redesigns pension website
BAE Systems has relaunched its pension website after redesigning it to improve the information available for employees.The organisation’s pension scheme members regularly use the online portal, which receives more than 5,000 visitors each month.However, its pensions helpline still received a large number of calls because employees could not find the ...
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ArticleLearn how Yorkshire Water uses data to aid staff wellbeing
Susan Gee, employee health and wellbeing manager at Yorkshire Water, will speak about the importance of using an organisation’s internal data when developing a health and wellbeing strategy at Employee Benefits Live.The session, ‘Placing prevention at the heart of employee health and wellbeing’, will delve into this internal data, which ...
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ArticleCafcass to share wellbeing and absence strategy
Daryl Maitland (pictured), head of HR strategy at Cafcass, will share a case study about how Cafcass tackled sickness absence at Employee Benefits Live.Maitland said: “We’ve gone from an average of 16.2 sick days for social work staff to seven days.”Maitland hopes delegates will take away an understanding of the ...
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ArticleDennis Publishing raises pensions take up to 94%
EXCLUSIVE: Dennis Publishing has increased its pensions take up to 94% following auto-enrolment.The magazine publisher, which owns a range of car, technology and lifestyle titles, had 265 (67%) employees in its group personal pension (GPP) plan prior to its auto-enrolment staging date.It had postponed compliance by three months, from January ...
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Article72% not prepared for pension reforms
Just under three-quarters (72%) of respondents say they are not fully prepared to deal with the consequences of the pension reforms announced in the March 2014 Budget, according to research by Aon Hewitt.Its research, which questioned more than 300 pension professionals, found that one in five (20%) respondents would need ...
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Article66% of trustees to change DC pension default strategy
Two-thirds (66%) of trustee respondents are looking to change their pension scheme’s default strategy within the next 18 months as a result of the Budget changes to at-retirement options, according to research by asset management firm SEI.Its Defined contribution pensions survey, which surveyed trustees and employers about their current approach ...
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Article62% do not think guidance guarantee will be enough
Nearly two-thirds (62%) of respondents do not think the guidance guarantee announced in the 2014 Budget will provide enough support for members of defined contribution (DC) pension schemes ahead of retirement, according to research by Mercer.Its research, which surveyed more than 300 employers and trustees, found that 38% plan to ...
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Article39% do not have financial plan for retirement
More than a third (39%) of respondents do not have a financial plan for retirement, according to research by Aegon UK.Its Retirement readiness survey, which questioned 16,000 employees in 15 different countries, found that 12% of respondents have a written financial plan for retirement.Less than a third (29%) of UK ...
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Article82% will continue to offer childcare vouchers post-autumn 2015
More than eight in ten (82%) respondents will continue to provide childcare vouchers after the introduction of the government’s tax-free childcare scheme in autumn 2015, according to research by Jelf Employee Benefits.Its research, which surveyed more than 200 employers, found that just 3% will not continue to offer childcare vouchers ...
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ArticleCO2-emissions limit top driver of car choice
Nearly two-thirds (62%) of respondents cited a carbon dioxide (CO2) emissions limit as the top criteria for employee’s company car choice, according to research by GE Capital’s fleet services division.Its Company car trends research, which surveyed 200 fleet decision makers, found that other criteria included the car’s fitness for purpose ...
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ArticleBT staff to share £1.1bn sharesave payout
Nearly 23,000 BT employees will share a payout of £1.1 billion after the organisation’s five-year sharesave plan matured on 1 August.The employees, who are mostly contact centre agents and engineers, joined the scheme in 2009. Through the plan, they could save between £5 and £225 every month until July 2014.At ...
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ArticleCarlsberg appoints Nick Court
Carlsberg has appointed Nick Court reward manager.He was previously reward and benefits manager at British Sugar.Prior to that, Court spent more than a decade at Tesco where his roles included personnel manager, reward manager, UK payroll operations manager and employee relations manager.
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ArticleAverage salary growth doubled in June
Average salary growth doubled in June, to a growth rate of 1.7% between May and June from a growth rate of 0.6% between April and May, according to research by Adzuna.co.uk.Its latest UK Job market report found that advertised salaries rose to £32,933 in June 2014, marking the third consecutive ...