All articles by Employee Benefits – Page 136
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OpinionLouise Aston: Benefits need to be regularly promoted
Many employers offer a wealth of benefits to staff, but too often employees do not take them up.Classic benefits packages often miss a trick by not being placed alongside broader wellbeing benefits, such as flexible working arrangements. By thinking in terms of ‘bits of people’, rather than looking at the ...
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Supplier article
Sickness absence — a key piece to the productivity puzzle?
Some selected facts from The Work Foundation report are shown below:1 in 3 employees have a long-term health condition (LTC)42% of the above grouping feel their condition affects their work14% of the working age population of England have more than one LTCThe cost of lost productivity of those who are ...
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Supplier article
Bare Necessities Month — financial education
Improving bad habits is about knowing what’s essential and what isn’t and in fact, you can provide your employees with the bare necessities and help them to be better with their money.What are the bare necessities? Well we think it’s important to have protection for when the worst happens, and ...
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Supplier article
Jelf employment seminar — News from the frontline
For this News from the frontline event we have scouted out three of the best speakers available.Our frontline includes:Lawyer Richard Port will be on hand to provide delegates with a useful update as to the key Employment Law changes facing employers at this time.Lee Coles will explain why the new ...
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Supplier articleEmployee Benefits - Benefits Technology 2015
Read the online versions of articles in the Benefits Technology 2015 supplement using the links to the right under ‘Related articles’. Or you can read the full Benefits Technology 2015 digital edition here.
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OpinionBernard Casey: The challenges of an ageing workforce
When it comes to the challenges surrounding the ageing workforce, [many employers] will be interested in how compensation strategies will have to be adapted, for example, in terms of pay, different benefit packages and training programmes. And behind all this is the question of whether older workers are as productive ...
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Supplier article
Robin Geffen responds to market volatility
By Robin Geffen, Fund Manager & CEO This is a testing time for investors. Over the past year the market has been driven forward by strong fundamental trends underpinned by changes in the real world, but over the past month a more animalistic sentiment has sent shares plunging. As we ...
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Supplier article
Japan: There is more medicine to come
By James Dowey, Chief Economist & CIO In a Q&A James Dowey, Chief Economist & CIO, looks at the recent impact of China on Japan and explains why the medicine itself of Abenomics – as distinct from the effects of the medicine – is extremely important for Japanese equities.Click here ...
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Supplier article
Uncertainty lifted with MPs behind Tsipras
Rob Burnett, Head of European EquitiesAlthough slightly down on their previous election result, Syriza managed to win just over 35 per cent of the vote in Sunday’s election, seeing off the challenge of New Democracy. While this is still short of a majority, Syriza will once again go into coalition ...
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OpinionZoe Spicer: Voluntary benefits need to reflect employees’ complex lives
Employees’ lives are as complicated as ever, coupled with an increasing need to attract and retain top talent. So HR professionals need to stay ahead of the competition when it comes to pay and benefits: the employee value proposition. In today’s busy world, targeting employee rewards at helping employees feel ...
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Supplier article
Solving the UK productivity puzzle
The bottom line is that when compared to the other members of the G7 major economies the UK is doing rather badly.The following table caught our eye in particular. Gross Domestic Product (GDP) per hour worked: UK productivity in 2014 was: above that of Japan by 15 percentage points lower ...
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OpinionSam Kirk: Portals must be eye-catching and educational
Giving employees easy accessibility to benefits is absolutely key if employers want them to truly engage with a benefits offering. At TalkTalk, we believe that the best way to do this is by providing staff with an online benefits system.Investing in an online benefits platform can be a huge commitment, ...
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Supplier article
Are the new pension freedoms being used?
The data relates to the three months following the full introduction of Pension Freedoms on the 6 April this year. The FCA compared that three-month period with the same period in 2013. Some may question why the FCA is using data from two years ago rather than last year – ...
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Supplier article
Understanding the new State Pension
The new State Pension is available for those who reach State Pension Age on or after 6 April 2016 – and at present not many in the UK population are particularly familiar with the new proposals. The new campaign will use the tagline ‘State Pension is changing’, and we should ...
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Supplier article
National Work Life Week highlights risks of long work hours
National Work Life Week is supported by Working Families, who believe we should be working to live, not living for work. What’s the issue? Those who work longer hours are not only at risk of increased stress, but also of increased risk of illness, as the above study found. Helping ...
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Supplier article
Buck Consultants at Xerox launches Compass benefits portal
Compass is an online portal that brings together everything a company offers its staff. The portal guides individuals on a journey through their whole benefits package, allowing them to achieve better outcomes in the short and longer term.“People today are used to organising almost every aspect of their lives online. ...
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OpinionMalcolm Hurlston: Share schemes boost savings and productivity
Owning shares in the company they work for gives employees an extra stake, and when their company performs well they benefit too. Share plans work best as part of a full programme of employee engagement. As well as dividends and probably capital gains, employee shareholders can vote and the [Employee ...
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OpinionRob Barrett: Pension schemes must meet new freedoms
Since the government pension reforms in April, many pension providers have been reviewing their default funds. They have looked at whether their products will continue to meet the needs of their investors, and whether they are providing what people are looking for in the new environment.In particular, plans have looked ...
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Supplier article
Health Shield covers premium tax rise for cash plan members until 2017
It is believed that Health Shield is the first health insurance provider to make this type of announcement in response to the recent IPT increase.In the summer budget Chancellor George Osborne announced a more than 50% increase in the rate of IPT from 6% to 9.5% and Health Shield has ...
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Supplier article
Health Shield announces new online claiming service
The new paperless system allows all valid receipt-based claims to be paid within 24 hours and, unlike paper-based claims, eliminates members’ reliance on the postal system. The new initiative follows significant investment in IT infrastructure and is available to all Health Shield members. Health Shield paid 97.4% of claims in ...