All Global reward articles – Page 21
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ArticleBriggs becomes chairman at ABI
Andy Briggs has been appointed the next chairman of the Association of British Insurers (ABI). He will take up the role in October.Briggs, who is chief executive officer at Aviva UK Life and chairman at Aviva Global Life, succeeds Paul Evans, group chief executive at Axa UK.Briggs has been deputy ...
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Article43% would feel more valued if offered group income protection or critical illness cover
Just under half (43%) of respondents would feel more valued at work if their employer provider group income protection (GIP) or group critical illness cover, according to research by Canada Life Group Insurance.Its survey of 1,004 full and part-time employees also found that 29% of respondents would be more likely ...
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ArticleUK EXCLUSIVE: Arthur J Gallagher acquires Orb Financial Services
UK EXCLUSIVE: Arthur J Gallagher has acquired Surrey-based employee benefits organisation Orb Financial Services.Orb provides employee benefits consultancy and broker services, including group risk and healthcare, flexible benefits, benefit communications, workplace pension schemes, travel and dental protection, as well as key person and partnership protection.The acquisition is aimed at bringing ...
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Article40% of expats move abroad for better work-life balance
Four in 10 (40%) expatriate respondents cite a better work-life balance as the main driver for moving abroad, according to research by Axa PPP International.The survey of 502 expatriates also found that 83% of respondents are worried about finding a good doctor in their new country of residence.The research also ...
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ArticleHow to determine which group risk benefits best suit an organisation
Need to knowMany employers take a one-size-fits-all approach to group risk benefits, but some offer employees choice through flexible or voluntary benefits schemes.Employers can use data sets such as claims data, absence data and occupational health data to form a health-risk profile, which can then determine which group risk benefits ...
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OpinionKatharine Moxham: No employee should be without group risk protection
In the quest to offer a package that appeals to different generations and sectors of the workforce, there can be a tendency to over-focus on choice and flexibility, when there are some benefits that every member of the workforce needs. Take the case of a young unmarried person who might ...
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ArticleHow to best educate staff about group risk benefits
Need to knowEmployee benefits communication strategies should focus as much on the value of group risk provision as they do on workplace benefits such as pension schemes.A poor grasp of the financial implications of long-term sickness absence among staff has made income protection cover an increasingly important group risk benefit.Employees ...
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ArticleJapanese employer extends spousal benefits to same-sex partners
Japanese organisation Rakuten has extended the benefits available to employees' spouses to same-sex partners.The e-commerce organisation has revised the definition of “marriage” and “spouse” in its internal employment regulations in order to recognise same-sex partners.The organisation, which has a total of 13,000 employees globally, approved the internal employment policy amendments ...
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ArticleEmployee Benefits Live conference streams to address key industry challenges
Workplace equality and diversity, benefits technology, pensions, and health and wellbeing are just some of the dedicated conference streams that will feature at Employee Benefits Live 2016.On day one of the event, on Tuesday 11 October, conference streams include workplace pensions, which will highlight issues such as auto-re-enrolment, and the ...
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ArticleStarbucks enhances pay and benefits package for US staff
International coffee chain Starbucks is increasing pay and enhancing its benefits package for US-based employees, including changes to its healthcare programme and share scheme.Starbucks US is developing a personalised healthcare benefits package with the aim of giving employees greater flexibility and choice to suit their needs and budget.From 18 July ...
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ArticleEXCLUSIVE: Benefex and EY partner on employee engagement
EXCLUSIVE: Professional services organisation EY has partnered with employee benefits provider Benefex to offer employee engagement solutions.The organisations will work together to provide employee benefits and engagement technology alongside consulting services with the aim of enhancing people performance, staff engagement, and talent attraction and retention.The collaboration will see EY deliver ...
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ArticleConfessions of a benefits manager: Candid is swamped with conference calls
Today didn’t begin well. For a start, I had to get out of a nice comfortable bed and go to work. Now I am here, I wonder if I have mistakenly come in on a bank holiday. The office is empty and eerily quiet. My colleague, Lazy Susan, is at ...
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ArticleReward Gateway to launch global wellbeing allowance for staff
Reward Gateway is to launch a wellbeing allowance and holiday buy and sell for its 330 staff worldwide.The two new benefits, which will launch in July, will be available to all employees based in six countries worldwide.The wellbeing allowance, called Wellbeing Choice, is a quarterly allowance paid through payroll, which ...
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Article68% of US managers think student loan assistance would improve employee morale
More than two-thirds (68%) of US manager respondents think that offering student loan assistance as part of an employee benefits package would improve employee morale, according to research by IonTuition.Its Employers’ perspective survey 2016: student loans and higher education benefits report, which polled 400 middle managers in the US, also ...
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ArticleHong Kong is most expensive city for expatriates
Hong Kong is the most expensive city to live in for expatriates, according to research by Mercer.Its annual Cost of living survey, which analysed the cost of housing, transportation, food, clothing, household goods and entertainment across 375 cities, using New York as a base city, found that Luanda, Angola, is ...
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ArticleAmazon, Expedia and L’Oreal USA commit to US government’s equal pay pledge
Almost 30 organisations, including Amazon, Expedia (pictured), and L'Oreal USA, have agreed to the US government’s Equal Pay Pledge in a bid to reduce the gender pay gap across the country.In total, 28 private sector organisations have committed to the Equal Pay Pledge, which was announced by the White House ...
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Article38% say flexible working is top influencer of job satisfaction globally
Employees in western countries consider themselves to be happier in their jobs, more loyal to their employers and more productive at work, according to research by the Economist Intelligence Unit and Aruba, a Hewlett Packard Enterprise company.The Mobility, performance and engagement report, which is based on the self-assessment of 1,865 ...
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ArticleReward Gateway introduces one year's fully paid parental leave globally
Reward Gateway has enhanced its parental leave policy to up to one year on full pay.The new policy allows all primary carers, regardless of gender, to take unlimited paid leave in the first year after their child’s birth or adoption.The employee engagement organisation, which employs more than 300 staff globally, ...
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ArticleCalifornia and New York press ahead with $15 minimum wage plans
New York and California have committed to introducing a statewide $15 an hour minimum wage.In New York, the minimum wage will increase gradually by between $0.70 and $2 each year, depending on the size of the workforce and where in the state employees are based. Employees that work for organisations ...
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ArticleUK health insurance costs expected to rise by 6.5%
UK health insurance costs are expected to rise by 6.5% in 2016, according to research by Willis Towers Watson.Its 2016 Global medical trends report, which surveyed 174 health insurance providers operating across 55 countries, also found that the average price of health insurance globally is estimated to rise by 9.1% ...