All Article articles – Page 609
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ArticleAt-retirement market set to triple in 10 years
The at-retirement market is set to grow considerably in the next 10 years, according to research by Towers Watson.Its research, which used projections derived from a study of the aggregate value of UK pension pots for different age segments, estimated that inflows into the market will reach £50 billion by ...
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Article1,000 Interserve staff receive sharesave payout
Nearly 1,000 UK-based Interserve employees will see an average profit increase of £1,447 after the organisation’s three-year sharesave scheme matured on 1 July.This profit results from a rise in the option share price from 231p when the scheme launched to around 610.7p, as at 1 July 2014.The support services and ...
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ArticleDHL Express launches online benefits portal
EXCLUSIVE: DHL Express has launched an online benefits portal to pool its benefits in one place.The portal, which was launched in May, is available to the logistic organisation’s 3,200 employees in its Express division.The portal, called DHL Box Clever, includes access to retail discounts and tax-efficient benefits, such as childcare ...
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ArticleNestlé accredited as living wage employer
Nestlé has received accreditation as a living wage employer.The accreditation covers approximately 8,000 employees across Nestlé UK and its sister organisations, which include Nestlé Nutrition, Nestlé Professional, Nestlé Waters and Nestlé Purina Petcare.Staff who are employed directly by Nestlé UK are already paid the living wage.The manufacturer will now work ...
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ArticleAligning benefits to business strategies biggest engagement driver
More than one-third (42%) of employers consider the difficulties of aligning employees’ needs and desires with their organisation’s business objectives to be the biggest threat to future employee engagement, according to Employee Benefits/Lorica 100 Club research 2014, published in June. The next biggest threat is pay constraints, cited by 15% ...
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ArticleWhich employers will win Employee Benefits Awards?
Asos, Bacardi, Cisco, E.On, KFC, Manchester City Football Club, Samsung and Tesco are among the employers shortlisted for the Employee Benefits Awards 2014.Which employers will take home awards?The winners will be announced today, 27 June, during a lunch-time ceremony at the Artillery Garden at the HAC in London.Follow Employee Benefits ...
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ArticleUniversity College Cork launches online discounts scheme
EXCLUSIVE: The University College Cork has launched an online discounts scheme for its 3,000 employees.Its Extra For Me website, which has been branded for the university by provider Jordan Media Ireland, includes access to discounts from retailers such as Argos, Boots, Currys, Love2Shop, New Look, Marks and Spencer and Milano.Employees ...
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Article12% have taken time off due to work-related stress
More than one in ten (12%) of respondents have taken time off due to work-related stress, according to research by Canada Life Insurance Group.Its research, which surveyed more than 900 employees, found that more than a quarter (26%) of respondents admitted to taking time off work when they were not ...
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DOD's blog: Talent management has changed
Talk turned to talent in a major way this week.Not least because both the Chartered Institute of Personnel and Development (CIPD) and The Economist ran (different) talent conferences in the past few days. In the CIPD’s case the last time it ran such an event was five years ago.Clearly there ...
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ArticleUS World Cup coach writes absence note for fans
Something for the weekend…With World Cup fever still gripping some nations, employers in these regions will no doubt be keeping a close eye on employees’ attendance levels, particularly during important fixtures.But Americans fans wishing to watch yesterday’s group match, which kicked off at midday EST (5pm BST), may have been ...
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ArticleTop 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 19-26 June:1. Consumer Rights Bill to impact salary sacrifice benefits 2. Gamification in pensions communication 3. BBC improves flex take up with health benefits 4. What is driving demand for eldercare as a workplace benefit? 5. Mercer to acquire stake in ...
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ArticleGyles Brandreth to host Employee Benefits Awards
Writer, broadcaster, former MP and government whip Gyles Brandreth is to host the Employee Benefits Awards in London on Friday 27 June.Brandreth is also a reporter on BBC’s The One Show and a regular on Radio 4’s Just a Minute.His books include The Oscar Wilde Murder Mysteries and the bestseller ...
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ArticleGovernment sets out legislation on collective pensions
The government has set out legislation on collective pensions in the new Private Pensions Bill.The purpose of the new legislation, which was confirmed in the Queen’s Speech on 4 June, is to enable employers to develop shared risk, or defined ambition, schemes that offer more certain outcomes for employees, while ...
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ArticleIOP Publishing launches occupational health service
EXCLUSIVE: IOP Publishing has launched an occupational health service for its Bristol-based 300 employees.The media organisation will offer staff a medical referral and consultation service, provided by occupational health provider Work Doctors.Employees will also receive an annual flu jab to help them take preventative action against seasonal viruses.The launch of ...
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Article57% expect to increase spend on benefits technology
A total of 39% expect costs to remain about the same, according to the survey.Just 2% of the 51 employers that answered the question expect their costs to decrease, while 2% do not know their expected spend over the next year. One-third (32%) of 54 employers are currently considering their ...
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ArticleOnly 22% of multinationals have access to financial data on benefits
Only 22% of global or regional benefits managers in multinational organisations have access to comprehensive and timely financial data on the cost of their global benefits programmes, according to research by Towers Watson.Its 2014 Current and emerging global benefits themes research surveyed 492 professionals in reward, pensions and benefits roles ...
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ArticleCapital One and Three UK make benefits team shortlist
Capital One, Nottingham City Council, Three UK and Unilever have been shortlisted for the award ‘Benefits team of the year’ at the Employee Benefits Awards 2014.This award celebrates how an in-house benefits team worked together to deliver benefits that meet the HR and business strategies of organisation.The full category shortlist ...
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ArticleJohn Lewis cleaners not paid the living wage
John Lewis Partnership has come under fire after an online petition highlighted that its 3,000 contracted cleaning staff do not receive the living wage.A change.org petition, which asks the retailer to pay the living wage of £8.80 in London and £7.65 in the rest of the UK, has received 50,000 ...
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ArticleLiving Wage Commission sets out recommendations for government
The Living Wage Commission has set a target for the UK government to bring an additional one million workers up to a living wage by 2020, according to its final report.Work that pays: the final report of the Living Wage Commission sets out a target for the UK and devolved ...
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Article80% use multinational pooling to control costs
More than 80% of respondents use multinational pooling arrangements as a means of controlling costs, according to research by the insurer network International Group Program (IGP).Its research, which surveyed multinational employers at an international employee benefits seminar in Berlin, found that 40% of respondents use multinational pooling to gain and ...