All Benefits for carers articles – Page 62
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Case StudiesJP Morgan introduces elder healthcare and dental cover
Employees can select health screening and dental cover for their parents at the current corporate rates that they and their partners receive.The new section of the organisation’s flexible benefits portal, Elements, provides employees with the opportunity to cover themselves, their partner and both their parents and parents-in-law for homecare assistance ...
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OpinionKelly Mitchell: Prepare for childcare changes
Some parents could potentially be worse off under the new tax-free childcare scheme, due to different conditions for eligibility and lower savings for some.Once the tax-free scheme is introduced, employer-provided childcare voucher schemes will no longer be open to new applicants. However, employees already receiving childcare vouchers can continue to ...
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ArticleMichelle Tudor: How could the general election impact employee benefits?
We can expect to see the national minimum wage continue to increase. The Conservative Party’s sights are set on reaching a minimum wage of £7 per hour, while the Labour Party has pledged to increase the minimum wage to £8 per hour by 2020.A Labour government would also increase the ...
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ArticleDave Roberts: How could the general election impact employee benefits?
I don’t think any new government will back track on the new flexibilities offered following the 2014 Budget. Not only would it be a huge amount of work to unravel, but the changes are proving popular and bring in much needed additional tax revenue for the UK. But I suspect ...
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ArticleFinning UK to pilot government carers scheme
Finning UK is one of the first employers to roll out a government pilot scheme to help support employees with caring responsibilities.The organisation, which distributes plant, complementary equipment and power systems from manufacturers including Caterpillar, will use the pilot to expand its current scheme run by The Dove Service and ...
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OpinionLovewell's logic: The need to care for carers
How many employees in your workforce are also carers? And how many carers have you lost from your workforce because they felt unable to continue to juggle their work and caring responsibilities?With the public expenditure costs of carers who feel unable to keep working estimated to exceed £1 billion, it ...
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ArticleJP Morgan extends benefits to employees' parents
JP Morgan has extended several of the benefits offered via its flexible benefits scheme to cover employees’ parents. Its Family Homecare scheme, which is provided by Allianz Global Assistance, has been available its its 14,500 UK employees and their partners for two years. It has now been extended to cover ...
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ArticleLloyds Banking Group offers enhanced parental leave
Lloyds Banking Group has launched an enhanced shared parental leave (SPL) policy for eligible employees.The policy will be offered alongside its current maternity, paternity and adoption policies, as enhanced pay compared to the statutory minimum amount set out in the SPL legislation.The enhanced terms will be available for both parents ...
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ArticleTax-efficient benefits in numbers
35% of employers offer their staff tax-efficient benefits via salary sacrifice as part of a cohesive flex plan. (Employee Benefits/Towers Watson Flexible benefits research 2014, March 2014)Pension contributions via salary sacrifice and childcare vouchers are the most commonly offered tax-efficient benefits via a salary sacrifice arrangement. (Employee Benefits/Towers Watson Flexible ...
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ArticleGemma Parker: Is shared parental leave a good thing?
The flexibility of the new right can benefit both male and female employees. Fathers can take a more prominent role in caring for their children from day one, either alongside the mother or as sole carer, and mothers will have the opportunity for more support at home or will be ...
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ArticleMale employees unlikely to take shared parental leave
Male employees are unlikely to take advantage of the new shared parental leave legislation because of a fear of being judged, according to research by Ramsdens Solicitors.Its research, which questioned 520 employees, found that a third (33%) of male respondents at micro employers (with 10 employees or less) believe that ...
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Article23% take advantage of flexible working arrangements
Less than a quarter (23%) of employees have taken advantage of the option to obtain flexible working arrangements since its extension in June 2014, according to research from O2 Business.Its research of more than 2,000 employees found that a lack of trust (31%) was the main barrier preventing more widespread ...
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ArticleEmployee Benefits digital magazine – January 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links to the right under ‘Related articles’ (these articles will go live in stages during January 2015).There is a growing trend among employers to transform reward and pensions specialist ...
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ArticleEmployee Benefits digital magazine – January 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links to the right under ‘Related articles’ (these articles will go live in stages during January 2015).There is a growing trend among employers to transform reward and pensions specialist ...
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ArticleQuarter of men agree new parents should share leave
Just under a quarter of men (23%) agree that parents should share parental leave, according to research by Glassdoor.Its 2014 Parental leave survey, which surveyed 1,000 men and 1,000 women under the age of 50, also found that this figure rose to 31% among 18-24 year olds, but fell to ...
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Article83% would use flexible-working options
More than three-quarters (83%) of respondents would use flexible-working options if they were made available to them, according to research by the Centre for Economics and Business research (CEBR).The study, commissioned by mobile workplace solutions organisation Citrix, found that 96% of ‘knowledge workers’, which the CEBR defines ad ‘thinking jobs’ ...
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Case StudiesNorthern Trust implements emergency childcare support for staff
Cara Collins, senior employee relations consultant at Northern Trust, says: “We looked at paying for a place at the nursery downstairs [in the organisation’s office building], but we did not think that was a good option because only one employee can benefit at any one time, and they also then ...
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AnalysisCost considerations around workplace childcare
If you read nothing else, read this…78% of people with dependent children were in employment, so employers need to consider workplace support where required. Cost and implementation time are often cited by employers as reasons why they do no offer their staff childcare support. It is easy for employers to ...
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ArticleEmployee Benefits Awards 2015 categories
BEST STAFF TRAVEL POLICYMost effective travel strategy for business and perk car drivers.BEST HEALTHCARE AND WELLBEING BENEFITS - SMALL EMPLOYERMost effective healthcare and wellbeing strategy for employers with fewer than 1,000 staff.BEST HEALTHCARE AND WELLBEING BENEFITS - LARGE EMPLOYERMost effective healthcare and wellbeing strategy for employers with more than 1,000 ...