All Article articles – Page 613
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ArticlePersonal allowance increase confirmed
The Queen has confirmed the personal allowance limit will be increased from £10,000 to £10,500 in 2015/16.The increase was first announced in the 2014 Budget in March. It means the first £10,500 of an employee’s annual salary will be exempt from income tax.Consequently, the average basic-rate taxpayer will pay £805 ...
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ArticleQueen's Speech confirms higher minimum wage penalties
The Queen has confirmed that higher penalties will be imposed on employers which fail to pay their staff the national minimum wage, first announced in January 2014.The Small Business, Enterprise and Employment Bill will introduce an increased penalty of up to £20,000 for employers that do not pay staff the ...
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ArticleMicrosoft hosts wellbeing week
EXCLUSIVE: Microsoft has hosted its annual wellbeing week for 3,000 staff at its campus in Reading.Its Living Well 365 event, took place between 22 April and 2 May, supports the four pillars of the technology organisation’s wellbeing programme: physical wellness, emotional wellness, financial wellbeing and social wellbeing.It held a number ...
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ArticleDiabetes biggest potential threat to staff health
The next three biggest threats are heart conditions (cited by 48%), obesity (47%) and cancer (46%). However, musculoskeletal complaints remain the biggest current threat to employee health, according to 44% of employer respondents. The research is based on responses from 60 members of Employee Benefits’ 100 Club.Read a digital edition ...
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Article38% struggle to provide global benefits for all demographics
More than a third (38%) of respondents say they have difficulty in providing a flexible global benefits strategy for different employee demographics, according to research by Thomsons Online Benefits.Its Global employee benefits watch 2014, which surveyed more than 150 HR professionals across Europe, the Middle East and Africa, Asia Pacific ...
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ArticleMattioli Woods rebrands Kudos and Atkinson Bolton
Mattioli Woods has rebranded its subsidiaries Kudos Financial Services and Atkinson Bolton under the name Mattioli Woods Group.Kudos and Atkinson Bolton have been part of Mattioli Woods since August 2011 and August 2013, respectively, but had retained their own names.As part of the rebrand, the group’s strapline will also change ...
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ArticleSky's Tom Gardner proud of Employee Benefits award win
In September 2011, he moved into HR as reward and employment tax manager.Gardner previously worked at Deloitte UK, where he was a manager in global employer services.“I was involved in human capital consulting, tax consulting and employee benefits consulting,” he says.At Sky, he is proud of the Sky Choices iPad ...
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ArticleWhite paper — financial stress is impacting productivity for nearly a quarter of UK employees
This article has been supplied by our channel sponsor, Sodexo.Given the precarious state of the UK economy, it’s not hard to see why financial concerns are making employees sick. Recent ONS publications have noted that households’ real wages have been falling ever since the 2008–09 economic downturn, and that wage ...
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ArticleVideo — Money Boost: help your staff make their money go further
This article has been supplied by our channel sponsor, Sodexo.Money Boost is a new breed of employee benefit that allows your employees to manage their money more effectively and achieve their personal dreams and aspirations by setting goals and making their money go further. The result for you is greater ...
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ArticleEmployee Benefits/Lorica 100 Club Thinktank debate
Read a digital edition of the Employee Benefits/Lorica 100 Club Thinktank debateThe report includes the following articles:Sponsor’s comment: Tobin Murphy-Coles: A complex challengeClare Bettelley: HR and benefits professionals need support to perform their rolesHot 100 Club Research: Difficulty of aligning benefits and business strategies is biggest threat to engagementHot 100 ...
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ArticleAsos and Danone shortlisted for benefits communication
Asos and Danone are among the employers that have been shortlisted for the award ‘Benefits communication – small employer’ at the Employee Benefits Awards 2014.This award recognises an effective and innovative approach to benefits communications, be it through face-to-face presentations, print, social media or digital media.The full category shortlist is:Asos ...
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ArticleEmployee engagement and wellbeing go hand in hand
Organisations that are searching for sustainable individual and business performance need to focus on both wellbeing and engagement, according to a white paper by Engage for Success.The evidence: wellbeing and employee engagement report sets out evidence for the link between employee engagement and wellbeing, and the consequential impact on individual ...
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ArticleAon completes acquisition of Lorica Employee Benefits
Aon has completed its acquisition of Lorica Employee Benefits.This follows an announcement in March 2014 that Aon would acquire Lorica Employee Benefits, subject to regulatory confirmation.Aon’s benefits solutions business currently employs around 240 people in seven locations in the UK, while Lorica Employee Benefits has more than 150 employees in ...
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ArticleHelen Forrest: Should employers encourage the consolidation of small pension pots?
Auto-enrolment is proving tremendously successful. By the time of next year’s general election, 4.3 million workers at more than 50,000 employers will be in a pension scheme, or saving more, as a result of these reforms, according to National Association of Pension Fund (NAPF) research, published in October 2013.But many ...
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ArticleMills and Reeve extends range of health checks
EXCLUSIVE: Mills and Reeve has extended the range of health screenings it offers to employees and has added a salary sacrifice arrangement to the schemes.The law firm previously offered health screening, provided by Bupa, to employees through its annual flexible benefits scheme.Samantha Neaves, reward and HR information systems manager at ...
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ArticleCEO annual pay could rise to £6m in 2014
Average annual pay for a FTSE 100 chief executive officer (CEO) could rise to nearly £6 million in 2014, according to research by the High Pay Centre.Its research, which analysed chief executives’ pay across the 67 FTSE 100 companies that reported their remuneration policies in the final three months of ...
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ArticleDebi O’Donovan: Data will change the benefits landscape
But there is still a way to go, with even bigger changes predicted by the industry’s forward-thinkers.Speaking to leading benefits directors at the Employee Benefits Summit last month, it was clear that most had not yet felt the impact of not being able to pay for pensions via commission in ...
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ArticleWorkplace health report: Strategies in practice
Read the digital edition of the Workplace health: Strategies in practiceThe report includes the following articles:Clare Bettelley: Employers’ support for employee health is lackingMusculoskeletal: Keep claims under controlMusculoskeletal: Movement reduces painMental health: This is a boardroom issueMental health: Dealing with depressionWellbeing: Build a culture of wellbeingWellbeing: Money worries need careFinancial ...
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ArticleEmployers must help manage employees' retirement expectations
For example, more than half (53%) of the respondents to Aon Hewitt’s Global benefits attitudes survey admitted they needed to save more for their retirement, while 90% of UK employees who responded to the Aegon UK Readiness report said they are falling short of their retirement targets.Meanwhile, more than a ...
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ArticleExtended right to request flexible working to come into effect
This had been due to take effect on 6 April, but was postponed because of a delay in the Children and Families Bill’s progress through Parliament.At the moment, employers must ’”consider seriously” requests to work flexibly from employees who have a child aged 16 or under, those with a child ...