All Global reward articles – Page 16
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Article
UBS encourages personal development with international assignments
Employee Benefits Live 2017: UBS encourages junior staff to take advantage of international relocation opportunities as part of its approach to personal development.Speaking in a session titled ‘The changing nature of international HR and global reward’ at Employee Benefits Live 2017, Claire McDonagh, international mobility services, HR at UBS, explained ...
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Supplier article
HRDs and CFOs: focus on reward and benefits
If we’re talking employee benefits, what comes to mind? A key item in your strategic agenda… or a low level operational issue to be managed by your HR managers?Too often, it’s the latter. With many conflicting priorities, it is all too easy for employee benefits to be passed over by ...
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Article
Schneider Electric launches paid global family leave policy across 100 locations
Energy management and automation organisation Schneider Electric has launched a new paid global family leave policy that will be rolled out across its 100 worldwide operating locations by January 2019.The new policy, which forms part of the organisation’s commitment to diversity and inclusion, will enable both birth and adoptive parents ...
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Article
40% of expatriates do not have employer-provided medical benefits
Two-fifths (40%) of expatriate respondents say they are not provided with medical benefits by their employer, according to research by Cigna.Its 2017 Cigna 360 wellbeing survey: globally mobile individuals report, which surveyed 2,003 individuals who work in markets outside of their birthplace in Asia Pacific, Europe, Middle East, Africa, and ...
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Article
EXCLUSIVE: PWC to discuss the gig economy and flexible working models at Employee Benefits Live 2017
EXCLUSIVE: Julian Sansum (pictured), partner at PricewaterhouseCoopers (PWC), will discuss the tax implications of the gig economy and flexible working models, as well as how employers can practically utilise these employment structures, at Employee Benefits Live 2017.The session, titled ‘Managing policy and tax differences in global benefits’, will form part ...
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Article
Euromonitor International holds global health and wellbeing week
Business intelligence organisation Euromonitor International held a health and wellbeing week across 10 of its global operating locations for its 1,264 employees.The health and wellness week took place between 11 and 16 September for staff in Bangalore, Cape Town, Dubai, London, Shanghai, Singapore, Sydney, Tokyo and Vilnius, while the organisation’s ...
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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
Deloitte and Metropolitan Police to speak at Employee Benefits Live 2017
Deloitte, Hays, and the Metropolitan Police are among the organisations that will address delegates attending Employee Benefits Live 2017 on Tuesday 10 and Wednesday 11 October.During the course of the two-day event, delegates can hear experts discuss a range of hot topics impacting the reward, benefits and compensation industry. The ...
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Case Studies
Pinsent Masons commits to supporting diversity and inclusion globally
International law firm Pinsent Masons employs almost 3,000 members of staff globally, with office locations spanning Europe, the Middle East, Africa, the Americas, and Asia-Pacific. The law firm, which featured in lesbian, gay, bi and trans (LGBT) equality charity Stonewall’s 2017 Top Global Employers list, works to ensure it provides ...
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Opinion
Clare Gregory and Kate Hodgkiss: Global reward strategies - supporting diversity and inclusion legitimately
From an employment law perspective, there are two primary issues to consider when creating a global reward strategy. The first is ensuring that the strategy does not breach discrimination laws in any country where it is implemented. The second is ensuring that the rewards provided comply with legally mandated minimums, ...
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Opinion
Lovewell's logic: Global lessons on work-life balance
At the end of July, 900 Japanese organisations, including The Japan Times and Tokyo Metropolitan Government, took part in the country’s first Telework Day. The day was the first in a series planned by the Japanese government in the run up to the 2020 Tokyo Olympic Games, aimed at encouraging ...
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Article
Willetts to deliver global reward at a technology organisation
A sports betting services provider has hired Iain Willetts as reward consultant.In his new role, Willetts will work to develop a global reward strategy in order to support the organisation's global business.Willetts has experience in developing reward capability and infrastructure, pay structures, employee benefits and communications. He has previously worked ...
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Article
44% can tailor benefits for globally mobile staff on an individual basis
More than two-fifths (44%) of employer respondents have the flexibility to tailor benefits packages for individual staff members going on international assignment, according to research by Axa.Its A world of opportunity report, which surveyed 250 multi-national organisations across eight countries and 372 expatriate employees across 11 markets, also found that ...
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Article
23% of expatriates move abroad for increased pay and benefits
Just under a quarter (23%) of expatriate respondents move abroad to gain increased pay and benefits, according to research by global healthcare organisation Axa PPP International.Its survey of 501 expatriates living in a country different to that of their birth also found that 55% of respondents who have moved abroad ...
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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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Article
Global healthcare benefits costs expected to rise by 7.8%
Global healthcare benefits costs are expected to rise by 7.8% in 2017, according to research by Willis Towers Watson.Its 2017 Global medical trends survey, which surveyed 213 health insurance providers across 79 countries, also found that UK health insurance costs are forecast to rise by 5% in 2017. This follows ...
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Supplier article
Six mistakes for employers to avoid when implementing reward and recognition
Jacqueline Benjamin, XexecReward and recognition schemes are meant to celebrate the efforts and achievements of their staff and make their employees feel valued, but if they’re not implemented correctly, they can end up doing more damage than good. So what are the pitfalls to avoid?Don’t base rewards on performance alone ...
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Article
Bristol-Myers Squibb and Reward Gateway shortlisted for global or expatriate benefits
Pharmaceutical organisation Bristol-Myers Squibb and Reward Gateway (pictured) have been shortlisted in the best global or expatriate benefits category at the Employee Benefits Awards 2017.This award celebrates employers that have successfully implemented an effective global or expatriate benefits offering to international staff.The full category shortlist is:Bristol-Myers Squibb, Mybenefits (Entered by ...
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Supplier article
The future of reward and recognition
By Sally Duckworth, CEO, You At WorkThe immediate impact of Brexit is of course well known but as we head into negotiations to leave the EU, the medium to long-term effects are more uncertain. The experts’ post-Brexit predictions on the economy, output, and jobs is being challenged and common opinion ...
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Analysis
What do employers need to consider around expatriate PMI pre-assignment?
Need to know:Prior to assignment, an employer can tailor its private medical insurance (PMI) plan to suit budgets or local markets.Employers need to make sure that they work with a provider, or broker, that has knowledge of global markets.Employers should make sure that the provider offers expats access to a ...