All Global reward articles – Page 17
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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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ArticleBristol-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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AnalysisWhat 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 ...
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ArticleConfessions of a benefits manager: Candid explores French perks
There was a time when I loved travelling on business. It seemed exciting and glamorous then. Thinking of an international flight meant attractive flight attendants handing out trays of food with several tiny, but tasty, courses. There would even be a little roll and a chunk of cheese to finish ...
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OpinionStephen Ravenscroft: Gender pay gap reporting considerations for multinational employers
The landscape for gender pay gap reporting is shifting fast, and multinational organisations face a maze of obligations in the different countries in which they operate. This poses practical and operational challenges.Approaches to pay gap reporting vary vastly between countries; thresholds for employee numbers required to trigger reporting requirements differ, ...
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Case StudiesThe 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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Supplier article
What do salary sacrifice changes mean for group risk benefits?
Ellipse explores how the changes to salary sacrifice will impact group risk benefits, employers and financial advisers, suggesting ways both parties can prepare for the impact on flexible and voluntary benefit arrangements.Salary sacrifice has been used by employees to purchase certain benefits in a way that saves income tax and ...
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Supplier article
Six tips to get your reward programme name right
by Debra Corey, group reward director Choosing a name isn’t easy. Whether it’s for your new puppy, a bundle of joy or your reward programme, a name determines a first impression – and often a lasting memory.When it comes to your reward programme, the name will determine how your employees ...
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Article14% believe every employer provides death-in-service benefits
More than one in 10 (14%) respondents believe that every employer provides death-in-service benefits, according to research by Aviva.Its Protecting our families report, which surveyed 2,500 UK adults, also found that 18% of respondents do not know what support they would get from their employer if the main income earner ...
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Article12% rank health cash plans as their most valued benefit
Just over one in 10 (12%) respondents rank health cash plans as their most valued employee benefit, according to research by Willis Towers Watson.Its 2017 Willis Towers Watson employee benefits and wellbeing index, which surveyed 1,123 UK full and part-time employees aged between 18 and 64 years old, also found ...
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ArticleEXCLUSIVE: 88% of benefits professionals receive life assurance or death-in-service benefits
EXCLUSIVE: Almost nine in 10 (88%) HR and benefits professional respondents receive life assurance or death-in-service benefits, according to research by Employee Benefits.The Salary survey 2017, which surveyed 249 HR, reward and benefits professionals in December 2016, also found that 75% of respondents' organisations offer private medical insurance (PMI).These benefits ...
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Supplier article
Key points of the 2017 Spring Budget
by Adam Mason, consulting directorFor those fellow early-morning dog walkers out there, you will have no doubt noticed the lighter mornings that signal Spring is on the horizon, and with that the need to banish the torch at least for what we hope is until autumn. Furthermore, many of you ...
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ArticleDanone launches global parental policy
Global food organisation Danone has launched a new global parental policy, including 18 weeks of fully-paid leave for primary caregivers and pre-and post-natal support initiatives.The new policy aims to provide a consistent standard of support to all new and expectant parents across the organisation's 100,000-strong global workforce, regardless of which ...
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ArticleInternational Medical Group acquires ALC Health
Global medical insurance and assistance services provider International Medical Group (IMG) has acquired UK-based international medical insurance organisation ALC Health.The acquisition of ALC Health, which offers international medical insurance plans across 140 countries, is designed to support IMG’s growth strategy and enhance its presence in Europe and Asia.Daily operations at ...
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Case StudiesThe benefits offered by Metro Bank
The workplace benefits on offer at Metro Bank include:Pension and group riskGroup personal pension plan. Contribution levels are set according to seniority, starting at 3% employee contribution and 6% employer contribution, then rising to 4% and 8%, with a maximum 5% employee and 10% employer contribution.Life assurance.Healthcare and wellbeingPrivate medical ...
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ArticleLouise’s lowdown: Employee benefits are a key component in supporting fuller working lives
In February 2017, the government published its Fuller working lives: a partnership approach report, outlining its strategy to encourage individuals over the age of 50 to remain in work. This includes partnering with employers to better support people to stay in work for longer or to re-enter the workforce, whether ...
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ArticleWinners of the Corporate Adviser Awards 2017 announced
Photo: Simply PhotographyEmployee Benefits’ sister title, Corporate Adviser, announced the winners of its annual awards on Tuesday 28 February 2017 at Grange St Paul’s Hotel, London, hosted by Scottish comedian Alun Cochrane.Capita Employee Benefits was named Corporate Adviser firm of the year at the ceremony, and also won the best ...
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Supplier article
An insight into diversity in the workplace
By Kathryn Kendall and Gethin NadinBenefex’s chief people officer Kathryn Kendall and director of ecosystems Gethin Nadin are both well placed to comment on diversity within the workforce, within the employee benefits industry, and within Benefex itself. So, we’ve brought them together to give each of their points of view ...
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Supplier article
How to write the perfect CV
By Kathryn Kendall, chief people officerWriting a CV has, it seems, turned into something of a dark art. Over the course of my HR career I’ve heard rumours and theories about what makes the perfect CV. Cramming absolutely everything you’ve ever done onto no more than two sides of A4 ...