All Employee ownership articles – Page 12
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Analysis
How can share schemes be used as part of an employee engagement strategy?
Need to know:All-employee share schemes can help to boost productivity and employee engagement by demonstrating how individual and team performance can impact on an organisation’s share price and, therefore, the benefit that employees could receive.Employee share plans can be used as part of a global engagement strategy, although the type ...
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Article
80% participate in sharesave schemes because they are a convenient way to save
Four-fifths (80%) of respondents who participate sharesave employee share schemes do so because they believe they are a convenient way to save, according to research by Proshare.Its Attitudes to employee share ownership report, which surveyed 1,699 employees across 11 UK organisations, also found that 67% of respondents find the matching ...
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Article
Aviva, BT Group and ConvaTec recognised for employee share plans
Aviva, BT Group, ConvaTec, Paddy Power Betfair and UBS were among the organisations recognised for best practice in employee share schemes at the ProShare Awards 2017 on Wednesday 6 Decmber 2017.The awards, which are now in their 25th year and were presented by television presenter Claudia Winkleman, aim to recognise ...
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Article
36% say workplace pensions are the most valuable employee benefit
Just over a third (36%) of employer respondents say that workplace pensions are the most valued employee benefit, according to research by Hargreaves Lansdown.Its Workplace benefits: the employer view report, which surveyed 349 UK employers, also found that 15% who rank private medical insurance as the most valuable, while 12% ...
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Article
Google and Nokia recognised for employee share schemes
Google, Nokia, Telefonica and Valero Energy were among the organisations recognised for best practice in employee share schemes at the Employee Share Ownership Centre’s (Esop) Employee Ownership Awards 2017 on Tuesday 31 October 2017.Now in its 16th year, the awards were held at the Reform Club in London and were ...
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Article
Superdry founders to fund long-term incentive scheme for 4,500 global staff
Global clothing retail organisation SuperGroup, which owns the Superdry brand, has launched a long-term incentive scheme for its 4,500 global employees, which will be funded by the organisation's founders.The three-year scheme, which will run between 1 October 2017 and 30 September 2020, will see SuperGroup founders Julian Dunkerton and James ...
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Article
Median base salaries for FTSE 100 chief executive officers increase by 2%
The median increase to base salaries for FTSE 100 chief executive officers in 2016-2017 is 2%, according to research by Fit Remuneration Consultants.Its FTSE 100 directors’ remuneration report, which is based on data collected from FTSE 100 organisations’ annual reports and accounts with a year end up to and including ...
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Opinion
Caroline Sherrington: Share options are a flexible way for employers to share equity with staff
Share schemes can be an attractive workplace savings option, helping employees to save while encouraging engagement with an organisation's business performance.Caroline Sherrington: Share options are a flexible way for employers to share equity with staffEquity can be a great way to attract and incentivise employees while preserving precious cash reserves, ...
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Analysis
How to help employees strike the right savings balance
Need to know:Employers recognise that a one-size-fits-all approach to financial education is not as effective as individualisation.Employees face different financial pressures at different life stages, but these change through an individual’s working life.There are a variety of workplace savings schemes that employers can provide to help employees save in the ...
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Analysis
Infographic: What workplace savings benefits do employers offer?
An infographic outlining the top five workplace savings benefits offered by employer respondents and the basis on which they are offered. (Source: Employee Benefits/Staffcare Benefits research 2017, published in May 2017.)Read more in How to help employees strike the right savings balance.!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogram.com/js/dist/embed-loader-min.js");
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Article
EXCLUSIVE: 29% offer employee share schemes
EXCLUSIVE: Just under a third (29%) of employer respondents offer share schemes or share options to their employees, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that a further 17% offer shares or share options ...
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Article
Staff contribute an average of £158.18 a month into sharesave schemes
The average employee contribution to sharesave (SAYE) schemes was £158.18 a month in 2016, according to research by employee share ownership membership organisation Proshare.Its annual SAYE and Sip survey, which is based on analysis of share plan data from 426 organisations who run Sip schemes and 423 organisations who run ...
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Article
Aviva and Deutsche Telekom Services Europe shortlisted for employee share schemes
Insurance organisation Aviva (pictured) and telecommunications organisation Deutsche Telekom Services Europe have been shortlisted in the best employee share schemes category at the Employee Benefits Awards 2017.This award celebrates employers who have implemented an effective employee share scheme for their staff.The full category shortlist is:Aviva, Aviva SAYE Scheme 2016, Aviva ...
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Article
39% believe the Lifetime Isa will cause confusion among staff
Over a third (39%) of employer respondents believe the introduction of the Lifetime individual savings account (Lisa) will cause confusion for employees looking to save, according to research by Close Brothers Asset Management.Its Business barometer report, which surveyed 900 UK employers, also found that 20% of respondents plan to respond ...
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Case Studies
The benefits offered by Holiday Extras
The workplace benefits on offer at Holiday Extras include:Pension:Group personal pension (GPP) plan, with 3% employee contribution. Employer contributes 3% for the majority of staff and 11% for directors and associate directors. Employees can contribute via salary sacrifice. All employees are eligible after they have passed probation, but must opt ...
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Article
Gousto awards share options to staff to mark anniversary
Recipe box organisation Gousto is offering its 200 UK-based employees one-off share options to mark its fifth anniversary.The share options are available to employees of all levels across the organisation's London and Spalding offices and factory. Employees must have at least six-months' service prior to January 2017 to be eligible ...
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Article
JLL engages staff with sharesave scheme through digital communications
Professional services firm JLL is moving away from paper-based means of communicating its share schemes to online methods to better reflect the ways its employees carry out the majority of their work and personal transactions.With 4,000 employees across four divisions, JLL currently has 1,000 members saving into a three-year sharesave ...
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Opinion
Malcolm Hurlston: Employee endorsement of share plans is invaluable
Life is a busy place and our attention is at a premium as we are assailed by nudges prompts and messages, virtual and real. It is the same for employees only more so: share plans account for a fraction of what interests them.Yet from an organisation's point of view, other ...
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Article
How to effectively communicate share schemes
Need to know:Employers need to find out what communication methods are preferred by their workforce.Digital communications continue to be popular, and augmented reality is now also being used to promote and engage employees with share schemes.More employers are supporting employees with financial education around share schemes.The communication methods used in ...
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Article
Lush to pay all permanent UK staff the voluntary living wage
Cosmetic retail organisation Lush is to pay all of its permanent employees in the UK, including retail and manufacturing staff, the voluntary living wage from April 2017.The commitment to the living wage will result in a pay increase for 3,555 employees, who will see their hourly rate of pay rise ...