All Benefits for carers articles – Page 66
-
Case StudiesThe benefits offered by Hyde Group
Pension:Trust-based defined contribution pension scheme, with the option to make contributions via a salary sacrifice arrangement available via flexContribution rates are set at 1%, 3%, 4% or 5%, which are doubled by the employer. Employees can pay more but employer contribution is capped at 10%A number of legacy trust-based defined ...
-
OpinionLovewell's Logic: Extending support for working mothers
My first thought when I read this was how great it is to see an organisation really taking strides to go the extra mile in its support for working mothers. Leaving a child to travel on business can be difficult enough as it is, even more so if a mother ...
-
ArticleBuyer's guide to childcare vouchers 2015
Childcare vouchers were first introduced in the 1980s and originally only carried an NI exemption. The current tax exemption was introduced in 2005, then in 2011 the scheme went through a further change when the amount of vouchers that higher-rate tax payers could claim was capped to offer the same ...
-
Article60% of fathers lack suitable working pattern
Half (50%) of working fathers believe that flexible working is perceived as a sign of a lack of commitment to their role, according to research from My Family Care, published in June 2015.The My Family Care fathers’ survey had 1,030 respondents in total: 1,000 fathers took part in the survey ...
-
ArticleDeloitte among top employers for working parents
Cafcass, Centrica, Deloitte and The London School of Economics and Political Science (LSE) are among the winners of the 2015 Top Employers for Working Families Special Awards.The sixth annual awards, which were founded by Working Families in partnership with the Institute for Employment Studies and sponsored by Computershare, recognise exceptional ...
-
ArticleClyde and Co, Deutsche Bank and Npower promote National Carers' Week
EXCLUSIVE: Clyde and Co, Deutsche Bank, Mercer, Npower and Suffolk County Council are among a number of employers that are promoting the benefits that they offer to support working carers during National Carers’ Week.During the week, which runs from 8-14 June, the organisations will promote their offerings to help employees ...
-
ArticleVirgin Management offers a year's parental leave on full pay
Virgin Management has introduced a year’s full pay for employees taking maternity, paternity or adoption leave once staff have accrued four years’ service with the organisation.All working parents at Virgin Management, irrespective of gender are to be given up to 100% of their basic salary over 52 weeks following the ...
-
ArticleFacebook sets pay and benefits standards for suppliers
Facebook is implementing a new set of standards on pay and benefits for its contractors and suppliers in the United States (US).The social networking site has stipulated that contractors and vendors that supply services and products to Facebook must pay their workers a minimum hourly rate of $15, as well ...
-
ArticleMaternity provision dependent on employee grade
Just over half (59%) of new mums in junior positions only receive the legal minimum provision from their employer in the run up to and while taking maternity leave, according to research by Axa PPP Healthcare.However, its research, which surveyed 1,186 first-time UK mums, including 64 entry level, 294 management ...
-
AnalysisThe evolution of family-friendly benefits
If you read nothing else, read this…Some employers have integrated shared parental leave regulations into their family-friendly benefits policy.The end of childcare vouchers could cause a decline in workplace support for working parents in some organisations.Employers should have open conversations with staff to find out what benefits would help to ...
-
Article72% of staff interested in eldercare perks
EXCLUSIVE: Almost three-quarters (72%) of people are interested in receiving eldercare as an employee benefit, according to research by Allianz Global Assistance.Its study of 200 UK adults also found that 27% said balancing work and home life is their biggest concern when caring for elderly relatives.The research also found:More than ...
-
ArticleE.On informs staff about childcare and pension reforms
EXCLUSIVE: E.On has been educating its 11,000 employees about shared parental leave, the forthcoming changes to tax-free childcare policy and what the newly implemented pension freedoms mean for them.The energy organisation sent out emails to its employees about its parental leave policy, as well as placing a summary on its ...
-
ArticleDLA Piper increases maternity benefits
EXCLUSIVE: DLA Piper is offering an enhanced shared parental leave (SPL) policy for its 2,100 employees. The global law firm has also increased its maternity benefits from 14 weeks on full pay, followed by statutory pay until the 39th week, to 22 weeks on full pay. Its enhanced SPL policy ...
-
ArticleKPMG and Santander top employers for women
KPMG, Santander and Marks and Spencer are among the employers that have been named in The Times’ Top 50 Employers for Women 2015.The list, which is compiled in partnership with Opportunity Now the gender equality campaign from Business in the Community, identifies and celebrates employers that can demonstrate best practice ...
-
Article
EY to offer enhanced shared parental leave
EY is to offer an enhanced shared parental leave (SPL) policy for eligible members of staff. The professional services organisation will offer additional pay on top of the statutory entitlement for 39 weeks by offering eligible staff 6 weeks leave at full pay, followed by 33 weeks at half pay. ...
-
AnalysisHow will the changes to childcare vouchers affect staff?
If you read nothing else, read this…From autumn 2015, working parents will be able to sign up to the childcare scheme, which offers 20% of the cost paid by the government.If they are already in a voucher scheme, employees are able to continue using it for as long as their ...
-
Case StudiesLloyds Banking Group invests in employees’ parental responsibilities
An internal engagement survey carried out in September 2014, illustrated that 41% of Lloyds’ 88,000 staff have parental or caring responsibilities, so it offers staff benefits that will support their work-life balance.Lloyds offers childcare vouchers to all staff as part of its flexible benefits scheme. In addition, it also offers ...
-
ArticleA guide to tax-efficient benefits
If you read nothing else, read this. .. There are a number of individual tax rules for all tax-efficient benefits. Changes to pensions and childcare vouchers affect their tax position and how employees take the benefits. New tax rules apply to employee share schemes.There is a growing list of tax- ...
-
OpinionBettelley's brooding: Maternity policies are key to retaining top talent
The study of more than 800 business divisions from two employers from the retail and hospitality sectors also found that gender-diverse divisions report better financial outcomes than those dominated by one gender.This is why workplace benefits, such as paid maternity leave, are crucial for employers that want to retain skilled ...
-
ArticleVodafone pioneers global maternity policy
With effect from last month, the multinational telecommunications group will offer staff 16 weeks’ fully paid maternity leave to help retain talented and experienced female staff.New mothers will also receive full pay for working a reduced 30-hour week for the first six months after they return to work.The policy, which ...