All Article articles – Page 664
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Article
Lorica adds master trust to auto-enrolment product
EXCLUSIVE: Lorica Employee Benefits has partnered Now: Pensions to add a master trust to its integrated auto-enrolment and pensions product, Littleblue.Littleblue, which also includes a group personal pension (GPP) plan, is designed to suit employers with between five and 250 employees, but can be used by both larger and smaller ...
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ArticleLess than 25% have received incentives in past two years
Less than a quarter of respondents have received a reward or incentive from their employer in the past two years, according to research by global payments organisation Ixaris.Its 2013 Study of rewards and incentives, which surveyed 4,800 employees in the UK, US, Canada, France and Germany, found that more than ...
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Pension Protection Fund reports £1.8bn surplus
The Pension Protection Fund (PPF) has reported a surplus of £1.8 billion in its 2012/13 annual report.It also stated the probability of meeting its long-term funding target by 2030 has increased to 87%, an increased from 84% at 31 March 2012.According to the PPF report, its performance owed much to ...
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JLT to implement new management structure
JLT Employee Benefits is to implement a new management structure, which focuses on developing closer direct relationships with its employer clients.Under the new structure, which will take effect on 1 January 2014, Malcolm Reynolds, managing director, will be responsible for existing relationships with employers across key products and services, including ...
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Multinationals unprepared for expatriate tax and payroll issues
Multinational employers do not have the adequate procedures in place to track tax, payroll and immigration issues for employees on formal or informal overseas assignments, according to research by EY.Its Your talent in motion: global mobility effectiveness survey 2013, which questioned 264 senior global mobility professionals, found that, despite this, ...
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Article
Average salary up by 0.6%
The average advertised annual salary grew 0.6% between August and September 2013, to £34,005, the second consecutive monthly rise, according to research by Adzuna.co.uk.However, its UK Job market report found that the average advertised annual salary is 0.3% lower than in September 2012.In real terms, pay has fallen £1,020 in ...
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Aon Hewitt appoints Stephen Hackett head of health and risk
Aon Hewitt has appointed Stephen Hackett (pictured) head of health and risk.In his new role, he will advise employers on how to assess and address the costs of ill health on their businesses and developing an effective employee risk management strategy.Hackett has nearly 30 years’ experience in health, wellbeing and ...
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Keynote speakers inspired at Employee Benefits Live
During two packed days of top-level conference sessions, numerous leading employers and industry experts shared their experiences and expertise on a wide range of topics from pensions auto-enrolment, healthcare and wellbeing, flexible benefits and tax-efficient benefits to name but a few.Closing the first day of the conference, seven previous Employee ...
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Debi O’Donovan: Keeping up with a changing benefits market
The reason I find this notable, over and above the rising number of product launches from bigger, established companies, is because it shows the dynamism that has been entering our market over the past six to 10 months.I get the feeling we are seeing a tangible change in the way ...
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Employee Benefits magazine - November 2013
Mitie Group has worked hard to overcome benefits challenges posed by its move to an integrated management model. Find out how it did it in United Effort.Maintaining staff motivation during times of significant change can be tricky. Learn how to keep staff engaged throughout in Different Horizons.Read the Employee Benefits ...
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ArticleHow to develop a career in employee benefits
If you read nothing else, read this…Provision of employee benefits qualifications and training is patchy.On-the-job training is a common approach to career development for many benefits professionals.Social media sites and online blogs can help inform benefits professionals’ thinking.Undergraduate courses range from Kingston University’s human resource management BA (Hons), which covers ...
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ArticleJill Evans: How important are share plans to employees?
Employee share plans can be a mutually beneficial option for employers and employees alike, helping to achieve organisational citizenship. They are excellent value in engaging employees in the organisation and rewarding them for their contribution to business performance.In a competitive world, organisations have to get the best out of their ...
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Buyer's guide to critical illness insurance
The conditions covered by CII policies vary between insurers, but core critical illnesses that are typically covered include cancer, heart attacks and strokes. There is also often access to additional cover for other serious conditions.CII policies are relatively easy to implement, and as long as the amount of cover is ...
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ArticleClare Bettelley: Lipservice is no substitute for proactive wellbeing support
The Department of Health is ringfencing £50 million to support surgeries that want to extend their working hours, which is an ambitious, some might say foolish, move given the £20 billion worth of savings the NHS has been tasked with making by 2015.And where will the extra doctors come from ...
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Employers need to manage increasingly ageing workforce
In October, the Employers Network for Equality and Inclusion (ENEI) partnered Age Inclusive and The Positive Ageing Company to offer its employer members access to both organisations’ online tools, which aim to support the changing needs of ageing workforces.Denise Keating, chief executive at ENEI, said: “The more progressive employers are ...
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Buyer's guide to motivation vouchers 2013
If you read nothing else, read this… The motivation voucher market continues to grow. The flexibility and versatility of vouchers appeals to employers. Employees appreciate the immediacy of the reward.Paper or electronic card-based gift vouchers have long been a cost-effective way of rewarding employees. With pay remaining under pressure, despite ...
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Zurich creates new appointments in corporate business team
Zurich UK has created two new roles within its corporate business team.The first is head of Zurich corporate savings (ZCS), which will be assumed by Jonathan Plumtree (pictured) from 1 January 2014. He is currently head of Zurich corporate risk.Iain Black will succeed Plumtree on 4 November 2013. His previous ...
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Harrods to launch corporate gift card
Harrods is to launch a seasonal gift card designed to simplify the Christmas shopping experience for employers that choose to say thank-you or reward employees.The gift card, which will be available from 1 November, provides employees with access to shop in-store or online for a range of products, such as ...
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Dental perks desired
Something for the weekend…Dutch football manager Michel Jansen may be seeing the value of dental benefits after losing a tooth in enthusiastic goal celebrations. He was caught in the face by a fist pump from the Twente Enschede managers assistant Youri Mulder as the pair wildly celebrated their side’s goal ...
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The top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk during 17-24 October.1. The pros and cons of salary sacrifice training benefits2. Auto-enrolment contributions will not be enough3. Royal Mail to strike over pay and pensions4. Hertfordshire Council switches staff workshop provider5. HMRC tackles pensions tax abuse6. Only 49% motivated by pay ...