All Article articles – Page 707
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G4S appoints Joanne Smith
Her previous roles include HR director at Stansted Airport and HR director at Heathrow Express.She has also held senior HR roles for organisations such as Inchcape, National Grid and PaperlinX.
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Tim Wells launches benefits consultancy
“We’re helping employers that are expanding internationally to set up their HR departments in emerging markets,” he said. “And for those employers that already have a presence overseas, we are helping them to make their global mobility processes compliant with the relevant legislatation.”With 13 years in the industry, his previous ...
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ArticleMost common health benefits offered to expats
Private medical insurance (PMI) (33%) is the most common healthcare benefit offered to expatriate staff, according to research by Employee Benefits.The Employee Benefits Healthcare research 2013, which surveyed 376 HR and benefits professionals, found that other commonly offered healthcare benefits for international employees include life assurance/death in service (28%), PMI ...
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ArticleMost common sickness absence strategies
EXCLUSIVE: More than three-quarters (81%) of respondents cited return-to-work interviews as the most common format for their sickness absence strategy, according to research by Employee Benefits.The Employee Benefits Healthcare research 2013, which surveyed 376 HR and benefits professionals, found this is followed closely by early intervention by line managers (74%), ...
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ArticleMost common causes of absence
EXCLUSIVE: Minor ailments, flu and colds have consistently been the most common cause of sickness absence, according to research by Employee Benefits.The Employee Benefits Healthcare research 2013, which surveyed 376 HR and benefits professionals, found that 85% of respondents cited these as the most common causes, up from 78% in ...
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Healthcare research 2013
Employee Benefits’ Healthcare Research 2013 reports on employers’ current healthcare issues and attitudes to, for example, what they believe their healthcare benefits are achieving for their workforce.The research also covers: The actions employers are likely to take around healthcare provision in the next 12 months; How the economic climate has ...
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HMRC confirms VAT payable on pensions consultancy charges
HMRC also said organisations that supply advice and assistance to employers around the implementation and ongoing administration of contract-based DC schemes must establish two matters to determine the VAT treatment: what is the nature of the service supplied and who is the recipient of that service?Employers will normally be able ...
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Buyer's guide to pension modelling tools
Getting staff to recognise this gap is a challenge, but employers can now call on interactive pension modelling tools to help get the message across.Tools vary greatly. Some are fairly simple, designed to provide a snapshot of one particular pensions issue, such as the Money Advice Service’s (MAS) automatic-enrolment toolkit, ...
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Peter Reilly: Does paternalism still have a place in benefits?
In the left corner were those who felt defined benefit schemes should be retained because they ensured employees could look forward to a secure financial future. In the right corner were those that favoured defined contribution schemes because of their greater transparency, individual choice and flexibility.This was, in part, a ...
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Auto-enrolment opt-out rates lower than expected
Before the auto-enrolment roll-out began last October, it was predicted employers could expect opt-out rates of 20% to 30%.But McDonald’s Restaurants, for example, has seen only 2.4% of its hourly-paid employees and 2.7% of its salaried staff that were auto-enrolled on 1 January 2013 opt out.The fast-food retailer has 37,000 ...
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Buyer's guide to childcare vouchers 2013
As well as enabling working parents to afford childcare, this perk can also offer significant tax and national insurance (NI) savings for employees and employers.Childcare vouchers have been around since the late 1980s, but the current tax exemption was introduced only in April 2005.The amount an employee can receive in ...
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Article
Tesco staff awarded £56m in shares
Tesco employees will be awarded shares worth a total of £56 million, half of the £110 million total awarded in 2012.More than 280,000 employees are eligible for the award, providing they were employed on, or before, 25 February 2013.The award is equivalent to 1.5% of each employee’s earnings, capped at ...
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CSC and JP Morgan shortlisted for flexible benefits
CSC, JP Morgan and Santander are among the employers shortlisted for ‘Best flexible benefits plan – large employer’ at the Employee Benefits Awards 2013.For this category, the judges were looking for a successful strategy that has made delivering benefits through a flex plan effective in a large organisation.The full category ...
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European Commission drops pension solvency requirements
The European Commission has dropped proposed solvency requirements from an overhauled pensions directive that will be put forward this autumn.The Institutions for Occupational Retirement Provisions directive, which is aimed at improving the governance and transparency of pension schemes in the European Union (EU), will no longer include the issue of ...
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High levels of pensions auto-enrolment awareness
Almost all (98%) respondents are aware of pensions auto-enrolment, compared to the 20% who said the same in 2011, according to research by the Institute of Directors (IOD).Its research, which surveyed 1,327 IOD members, found that three-fifths (62%) of respondents said they were confident that they were ready to auto-enrol ...
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Pension liabilities up more than 60% in five years
UK pension liabilities have increased by more than 60% in five years, according to research by KPMG.The professional services organisation’s 2013 Pensions accounting survey, which had 305 respondents, found that this increase, measured over the period since January 2008, is due primarily to falling yields on AA corporate bonds, which ...
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DOD’s blog: the changing face of expatriates
This week I managed to get myself down to the Totally Expat Show to immerse myself in the world of global mobility managers for a few hours.On Employee Benefits we regularly touch on expatriate benefits, but it is not a key focus (we leave that to our lovely colleagues over ...
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Staff celebrate engagement with tattoos
We reported earlier this month that US-based real estate agency Rapid Reality offered employees a 15% pay rise in return for them getting a tattoo of the organisation’s logo.Young, technology workers in Bangalore, India, however, clearly missed this story. These high-fliers tattoo their bodies with their employer’s logo for nothing.The ...
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Network Rail switches voluntary benefits provider
Network Rail has switched providers for its voluntary benefits programme.From August 2013, the railway organisation will offer its 35,000 UK employees access to an online voluntary benefits platform, provided by Personal Group, which includes access to more than 8,000 retail discounts and shopping vouchers.The majority (23,000) of Network Rail’s UK ...
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Pay budgets expected to increase
More than half (53%) of respondents expect their pay budgets to increase by the end of the year, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Reward management survey 2013, which surveyed senior reward and benefits professionals across 444 private and public sector organisations, found that ...