All Global reward articles – Page 18
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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?
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
Supplier article
Why group income protection is now an employer and employee benefit
Traditionally, group income protection (also known as long-term sick pay insurance) to cover an employee’s salary when they’ve been off work with a long-term condition, was seen as being solely an employee benefit. Now, the product provides just as much value to the employer as it does the employee.Most policies ...
-
Supplier article
Why every Group Income Protection scheme should be reviewed this April
The government is making changes to state disability benefits this April, which will have a significant impact on large numbers of group income protection policies, also known as long-term sick pay.On 6 April 2017, the work related activity component (WRAC) of the employment and support allowance (ESA) is being removed. ...
-
Supplier article
Blue Monday – a great opportunity to kick start your rewards scheme
January 16th is Blue Monday. It has been calculated to be the gloomiest day of the calendar year. This is because the day comes around at the midway point of the coldest, greyest month. It also occurs when the last pay day is a distant memory – so there’s a ...
-
Case StudiesThe benefits offered by Norton Rose Fulbright
The workplace benefits on offer at Norton Rose Fulbright include:PensionGroup personal pension for all employees, with a 1% employer and 1% employee contribution.The employer offers matching contributions up to a 5% employee contribution.The organisation auto-enrolled in 2013, and auto-re-enrolled in November 2016.Group riskGroup income protection, employer paid.Life assurance, employer paid.Healthcare ...
-
ArticleRiverbed Technology hires Head
Stuart Head has joined Riverbed Technology as global manager, benefits.Head's previous roles include head of benefits Europe, Middle East and Africa (EMEA) at Nomura, manager of international benefits at CME Group, and employee benefits analyst (interim) EMEA at BNY Mellon.
-
Article44% of staff looking for a new job are unhappy with their benefits package
Almost half (44%) of respondents who are looking to move jobs in the new year are unhappy with their current benefits package, according to research by Canada Life Group Insurance.Its survey of 1,002 full and part-time employees also found that 74% of respondents who are unhappy with their current benefits ...