All Global reward articles – Page 19
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Case StudiesCapgemini centralises costs with multinational pooling
Capgemini, which operates in 44 countries around the world, reduced spend on insurance-based employee benefits, such as medical insurance, critical illness insurance and travel accident insurance, by using multinational pooling to combine numerous local contracts into one international set-up.The project, which started at the end of 2013 as the consulting, ...
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ArticleHow can an organisation streamline the costs of a global benefits strategy?
Need to know:Multinational pools and captives can streamline insurance processes and lead to a reduction in benefits spend.Employers can utilise their scale and size to help drive efficiencies in purchasing larger contracts across numerous locations for a discounted price, rather than smaller, individual contracts.A global consultancy or broker will have ...
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ArticleGovernment limits tax-efficient salary sacrifice arrangements
Autumn Statement 2016: From April 2017, the government will significantly limit the range of benefits that attract tax and employer national insurance (NI) advantages when offered through a salary sacrifice arrangement.Pensions and pensions advice, childcare, bikes-for-work schemes, and ultra-low emission vehicles (ULEVs) will be exempt from the changes.Arrangements in place ...
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Article22% see an increase in the use of employee assistance programmes
More than a fifth (22%) of HR manager respondents report an increase in the use of employee assistance programmes (EAPs) by employees, according to research by Lancaster University's The Work Foundation and the UK Employee Assistance Professionals Association (UK EAPA).The evolution of employee assistance: investigating the use, impact and reach ...
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OpinionSally Wilson: Employers should take steps to ensure re-entry to work is sustainable after absences
Given the range of health reasons an employee may take time off for, and the variable fitness requirements for different professions, there is no one-size-fits-all role that an employer should take in workplace rehabilitation. But broadly the employer’s role is to take appropriate steps to support the individual back to ...
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Case StudiesOracle introduces rehabilitation helpline for managers
Supporting the health and wellbeing of its UK employees is important to technology organisation Oracle. To help achieve this, in November 2015, it introduced a vocational rehabilitation helpline, Swift, for managers in collaboration with Unum, alongside its existing portfolio of healthcare and wellbeing benefits.This acts like a triage service, says ...
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ArticleHow to maximise the value of rehabilitation support
Need to knowInsurers are keen to provide rehabilitation support as early as possible because this can reduce absence and improve the outcome for the employee.Robust absence procedures will ensure that cases suitable for rehabilitation are identified as early as possible.Communication is essential to enable early intervention and maximise the value ...
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Case StudiesThe benefits on offer at Goodman Masson
The workplace benefits on offer at Goodman Masson include:PensionStakeholder pension with a 1% employer and 1% employee contribution.Goodman Masson went through auto-enrolment in 2014.Group riskGroup income protection, employer-paid for some employees.Critical illness insurance, employer-paid for some employees.Healthcare and wellbeingPrivate medical insurance, voluntary basis, employee-paid.Eyecare vouchers, employer-paid for all employees.Personal accident ...
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ArticleGlobal employers work to provide same-sex spousal benefits
Japanese e-commerce organisation Rakuten has extended the benefits available to employees’ spouses to same-sex partners, revising the definition of both ‘marriage’ and ‘spouse’ in its internal employment policies.Previously, the policy only recognised a marriage certificate under Japanese law. Although same-sex marriage is not legal in Japan, the global organisation has ...
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Article17% have taken a long-term absence from work
Almost a fifth (17%) of employee respondents have been off work for four weeks or more because of an illness, accident or injury in the last 12 months, according to research by Legal and General.Its Workplace wellbeing report, which surveyed 2,000 full-time employees and 200 managing directors and HR managers, ...
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ArticleGlassdoor and Expedia to open Employee Benefits Live 2016
Diarmuid Russell (pictured), head of international at Glassdoor, will deliver the opening keynote address at Employee Benefits Live 2016, alongside Con Marney, manager, talent acquisition at Expedia.In the opening keynote session, Revealed: the secrets behind becoming the best place to work, Russell will discuss the trends that unite organisations named ...
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Article
8: Expedia to discuss award-winning workplace culture at Employee Benefits Live
Online travel organisation Expedia will join Glassdoor to present the opening keynote address at Employee Benefits Live 2016.Con Marney, manager, talent acquisition at Expedia, will speak alongside Diarmuid Russell, head of international at Glassdoor, on day one of the London-based event. Marney will discuss the steps that Expedia has taken ...
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Supplier article
An employee benefit or an employee burden?
When you have taken the time to design an employee benefits package to help you attract and retain high quality individuals, the last thing you want is for one of your employee benefits to become an employee burden.Lump Sum Life Assurance is one of the most common employee benefits in ...
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Article36% to review impact of Brexit-related currency devaluation on globally mobile staff
More than a third (36%) of employer respondents have either reviewed or plan to review the cost impact of currency devaluation following the Brexit vote on their globally mobile employees, according to research by Mercer.Its Planning for Brexit: talent implications report, which surveyed senior HR, talent, and reward directors at ...
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ArticleShared parental leave and gender pay are on the agenda at Employee Benefits Live
Shared parental leave, the gender pay gap, pensions communication and healthcare strategies are just a few of the key issues that will be discussed during the conference streams at Employee Benefits Live 2016.The two-day event, running between Tuesday 11 October and Wednesday 12 October 2016 at Olympia National, will highlight ...
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Article31% of long-term sickness claims are for cancer
Just under a third (31%) of long-term sickness claims paid relate to cancer, according to research by Unum.Its second annual claims statement, which provides information on all the income protection claims paid by Unum to people who became too ill to work between 1 August 2015 and 31 July 2016, ...
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ArticleEXCLUSIVE: Glassdoor to open Employee Benefits Live 2016
EXCLUSIVE: Diarmuid Russell, head of international at Glassdoor, will deliver the opening keynote address at Employee Benefits Live 2016, when he will provide insight into how organisations can become known as the ‘best place to work’.Opening the conference on Tuesday 11 October 2016, Russell will discuss the themes and trends ...
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ArticleBlackhawk Network acquires Grass Roots Group
Global prepaid and payments organisation Blackhawk Network has acquired employee engagement provider Grass Roots Group.The move is expected to enable Grass Roots to offer employers a global approach to benefits, reward and recognition packages through Blackhawk's network.Meanwhile, California-based Blackhawk Network will look to extend its global reach further by utilising ...
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OpinionLovewell's Logic: What will Brexit mean for effective global reward strategies?
Over the past few months, one topic has dominated numerous conversations: the result of the EU referendum. Whichever way you voted and whatever you think of the Brexit result, there can be no denying that the UK’s decision to leave the European Union (EU) will have widespread ramifications.The true reach ...
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Case StudiesThe benefits offered by Countrywide Group
PensionGroup stakeholder pension scheme for 5,000 managers.Auto-enrolment pension scheme provided by the National Employment Savings Trust (Nest) for the remaining 7,000 employees, with contribution levels at 1% for employer and 1% for staff.Healthcare and wellbeingLife assurance, employer-paid for all staff at four-times salary for management, and at two-times salary for ...