All Global reward articles – Page 18
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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 ...
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Supplier article
Investing in the culture of an organisation
By Adam Mason, consulting directorAcross the globe, the attention of business leaders is turning to the budget for the next financial year. This will no doubt feature much head-scratching and pencil-sharpening to achieve the right number. Confronted by financial constraints which are an ever present, the question is one of ...
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ArticleHaseltine Lake launches global wellbeing activity programme
European intellectual property firm Haseltine Lake has launched a year-long global health and wellbeing programme for its 144 employees.The new initiative, HL Well!, includes a series of wellbeing challenges and access to health resources designed to help employees manage their health and wellbeing.Each month of the programme will focus on ...
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ArticleHow will the changes announced in the Autumn Statement affect group risk cover?
The Autumn Statement 2016 announced the outcome of the government’s consultation on restricting the fiscal advantages of salary sacrifice arrangements to benefits so that they are more equitable and reflect provision that the government specifically wants to encourage. As largely anticipated, the tax and employer national insurance (NI) advantages of ...
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ArticleHow can employers support the health and wellbeing needs of employees on a lower income?
Need to know:An organisation’s culture can promote healthy lifestyles that do not have to cost staff a lot to maintain.Signposting healthy options and recipe cards in a staff canteen can help employees improve their diet, counteracting productivity slumps due to a lack of nutrients.Health cash plans and virtual GP services ...
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Article48% rank private medical insurance in their top three most valued benefits
Just under half (48%) of employee respondents rank private medical insurance in their top three most valued benefits, according to research by Ellipse.Its survey of 1,005 employees and 504 decision makers in UK-based small and medium enterprises (SME), also found that 37% of employee respondents place life insurance in their ...
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Article38% of financial services employers plan to change their parental leave policies
More than two-thirds (38%) of employer respondents in the financial services industry plan to change their organisation-wide parental leave policies over the next 12 months, according to research by Mercer.Its Global financial services executive compensation snapshot survey, which reviewed the pay practices of 42 global financial services organisations in 14 ...
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Article68% of employers in south west England offer salary sacrifice pension arrangements
More than two-thirds (68%) of employer respondents in the south west of England enable staff to contribute to their workplace pension via a salary sacrifice arrangement, according to research by Benefiz.Its survey of 50 employers based in the south west of England that employ HR managers or directors, also found ...
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Supplier article
Generations in the workplace – Generation Z comes of age
by Gethin Nadin, director of ecosystemsThere’s been a lot of debate and research into the different generations currently in the workplace, and how their attitudes to work are shaping and evolving HR. So how do you accommodate the newest generations with very different wants and needs to their predecessors?The phrase ...
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OpinionSarah Henchoz and Paul McCarthy: Local jurisdiction must be considered in a global benefits strategy
It is legally possible for an employer to provide a global benefits package, and many employers decide to do so because it is administratively more efficient than offering localvariations and, crucially for a global workforce, ensures parity of treatment across the organisation.A global package is attractive for employers with a ...
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ArticleInfographic: What are the top challenges faced by global organisations?
An infographic showing the top challenges faced by global organisations (Source: Thomsons Online Benefits' Global employee benefits watch 2016/17: driving global benefits transformation, September 2016).Read more in: Can voluntary benefits be offered on a global basis?
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ArticleCan voluntary benefits be offered on a global basis?
Need to know:Benefits providers are able to offer a scheme in multiple global locations, but the benefits will differ from country to country.Organisations should look to have a global strategy but a local approach to offering voluntary benefits.While a specific benefit agenda can be promoted, such as healthcare, the actual ...
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ArticleThe Taxback Group launches global health and wellbeing programme
Global tax and finance organisation The Taxback Group has launched a new health and wellbeing programme for staff across its 33 international office locations.The new health and wellbeing initiative, the GroupLife programme, is available to all 1,000 employees across 22 countries. It centres around three key pillars: mind, body and ...
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Supplier article
CEO announces US$5m fund to ‘make the world a better place to work’
Glenn Elliott, founder and CEO of the employee engagement platform Reward Gateway, has announced the launch of The RG Foundation, a US$5m fund to help pioneering schemes to ‘make the world a better place to work’.The RG Foundation will award grants quarterly to charity, non-profit and community organisations that are ...
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Supplier article
Employers are overestimating the cost of group life insurance
Small businesses aren’t buying group life insurance. Despite it being the cheapest and simplest workplace benefit to understand, SME employers are veering away from the product because they are overestimating what it costs.In research we conducted in November 2016, we asked employers to estimate the annual cost of providing £100,000 ...