All Global reward articles – Page 17
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OpinionLovewell'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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ArticleWilletts 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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Article44% 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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Article23% 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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ArticleGlobal 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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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 ...