All articles by Employee Benefits – Page 109
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Supplier article
How income drawdown can be utilised to create a tax-efficient pension income
Since the pension freedoms, income drawdown has proved to be a popular option for individuals who want greater control and freedom over how they access their pension savings.However if employees go down the income drawdown route, they will need to make sure they don’t pay any unnecessary income tax. Usually ...
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Supplier article
Employee engagement tips for organisations affected by a pay cap
by Jamie King, director of global rewards at XexecThe public sector pay cap – a 1 per cent cent pay rise cap that has been in place since 2012, affecting five million workers across the UK – has been at the top of the political agenda again after the Labour ...
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Supplier article
Report finds employees wasting time on unnecessary tasks
New research shows UK employees spend 441,827,088 days a year on ‘time-wasting’ office tasks such as responding to hundreds of emails, attending meetings for meetings sake, and completing unnecessary admin.Two-thirds (60%) of 2,040 UK employees said they spend at least half a day every single week performing tasks they deem ...
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Supplier article
How employees could avoid losing their pension to scams and fraud
WEALTH at work shares its top tips on how employees could avoid losing their pension to scams and fraudsters.Scams don't look like scams – Scams look and sound legitimate by having very professional looking websites and literature, which is why employees can easily be deceived. Whichever option employees take for ...
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Supplier article
Is it a good idea for employees to transfer out of a defined benefit pension scheme?
Since the pension changes we have seen a rise in employees wanting to transfer their defined benefit (DB) pension scheme into defined contribution (DC) pensions, so that they can also benefit from the pension freedoms.However, transferring from a DB pension scheme can mean that employees will be giving up valuable ...
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Supplier article
Employee benefits lessons from the big four accounting firms
When it comes to insight on staff engagement trends, the big four accountancy firms (PwC, KPMG, EY and Deloitte) are a wealth of knowledge. Having been fortunate enough to work with a broad range of accountancy firms over the years – including all of the big four – we thought ...
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Supplier articleThe future of total reward statements
by Gethin NadinIt is said that the average employee underestimates their total remuneration at work by around 20% (CIPD). Total reward was initially developed to help employees understand the total value of everything they get from their employer, from salary to benefits. However, somewhere along the way, total reward statements ...
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Supplier articleFlexibility for parents is way past its due date
by Kathryn KendalWhen people ask me what I do, I sometimes struggle to answer. From the way they have phrased the question, it’s apparent that they are expecting a simple and straightforward, linear answer: “I’m a doctor.” “I’m a builder.” “I work in Tesco.”The trouble is, there is very little ...
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OpinionJoanna Bean: Improving financial wellbeing at Samsung
Saving for retirement, or life after work as we call it at Samsung, is an important part of our approach to financial wellbeing and we incorporate this into everyday life and within our varied communications portfolio. It is important to talk to employees at every stage of their work-life journey ...
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Supplier article
Xexec breaks into Sunday Times listing
Xexec, a UK/US supplier ofemployee discount portals,reward and recognition programmes, andcustomer loyalty schemes, has ranked in the top 100 of the 2017 Sunday Times HSBC International Track 200, for the first time.It has leapt from 155th he rankings to 88th after a successful period that saw international sales growth of ...
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Supplier article
Voluntary benefits mean Xexec becomes awards finalist
Xexec has announced that it has been selected as a finalist in this year’s Workplace Savings & Benefits (WSB) Awards for voluntary benefits. These awards recognise excellence among employers and providers, acknowledging those that have done the most to help employers and their staff over the past year.Xexec’s new suite ...
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Supplier article
Driving engagement through employee experiences
by Adam Mason, Consulting Director, BenefexWe here at Benefex can see a change coming. Allow me to elaborate…Any business, in any sector, will talk about how their customers are their central focus. In the lead-up to securing a new client, we will all point to the research we undertake, and ...
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Supplier article
Pleasing both millennials and baby boomers through recognition
If you believe what you read, you’d be under the impression that millennials are a tough bunch to please. According to research from MTV, for example, 88% want their co-workers to be their friends. Yet LinkedIn has also suggested that 68% would sacrifice a friendship with a colleague if it ...
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Supplier article
The future of work = employee experience
by Kathryn Kendall, Chief People Officer, BenefexStand aside, employee engagement. When it comes to the future of HR, there’s a new kid on the block.For as far back as most HR professionals can remember, employee engagement has been the darling of the profession. It has been spelled out to us ...
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Supplier article
The results are in – pension polices stuck in limbo
The results for the UK general election have been announced. Despite failing to win a majority, the Conservatives have secured support from the Democratic Unionist Party (DUP) and will remain in power.This failure to win an overall majority has left many in the pensions industry stuck in limbo over future ...
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Supplier article
Why financial education is necessary for your share scheme maturities
Since 2015 JLL, in partnership with WEALTH at work, rolled out a voluntary programme of financial education for its employees to help them with their maturing share schemes.The financial education programme was designed specifically to help its employees understand their share scheme maturity options, the potential tax implications of these ...
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Supplier article
How planning for retirement can be a birthday present employees won’t forget
Thomson Reuters recognises there is a need to help employees plan for retirement and has partnered with WEALTH at work to deliver financial education programmes to its workforce.The programmes have included educating employees on their glide path options to help them make the right decisions as they approach retirement. More ...
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Supplier article
Presenteeism – the lurking employee wellness problem
by Lucy Tallick, head of wellbeingIt’s a well known fact that sickness absence has huge financial implications on our businesses. The measurement of these absenteeism figures often form part of the KPI’s of our employee wellbeing strategies across the globe. We can understand why, as sickness absence is easy to ...
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Supplier article
Building a culture of employee recognition – eCards
Megan Gough, head of client communicationsLast year, our clients sent over 215,000 eCards to recognise their colleagues. Even at Reward Gateway, we send hundreds every month. Simply put: We love eCards. But why, you might ask? Here are a few reasons:They’re simpleThey’re creativeThey’re environmentally friendlyAnd, they’re easy to produce.eCards are ...
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Supplier article
Focus on retirement income matters: survey 2017
The pension changes revolutionised the world of retirement income and individuals now have greater control over their future plans – but with this comes increased risk and responsibility for both employer and employee.With this in mind, we have set out to investigate what support is available in the workplace to ...