All Global reward articles – Page 23
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Case StudiesVodafone supports global employees via tracker app
Mobile communication provider Vodafone uses International SOS to help protect staff based overseas and travelling on business. The business uses the TravelTracker app and security and medical services, says John Bernard, senior security manager, personnel and asset protection at Vodafone.“[We] can get 24/7 support in most languages,” he explains. “I ...
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ArticleInfographic: What do employers offer for international staff in emergencies?
An infographic examining what employers offer traveling staff in terms of emergencies. (Source: Forum for Expatriate Management's Policy in Practice 2015, published in February 2015).
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OpinionLynette Jacobs: Employers need to determine their objectives in extending a share plan internationally
Extending a share plan internationally is no longer an exception and the considerations for a small organisation extending participation into three jurisdictions and a multinational group operating a plan in 80 countries will be the same.The employer should first determine its objectives in extending the plan overseas, typically to strengthen ...
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Case StudiesEvraz offers share plan to Russian employees
Steel, mining and vanadium business Evraz offers employee share plans to its 105,000 employees in Russia, Ukraine, the US, Canada, the Czech Republic, Italy, South Africa and Kazakhstan.In Russia, the organisation has offered a long-term incentive plan (L-tip), administered by Computershare, since 2012. Employees are able to access details of ...
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AnalysisHow to offer a share scheme internationally
Need to know:Any employer looking to roll out a share scheme internationally will need to conduct a thorough analysis and overview of the legal and tax regulations of the country it is looking to expand into.Some countries may have a more advanced savings culture than others or different economic ...
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Article
The Hub: People moves: Gujar has moved to TNS
Market research firm TNS has appointed Para Gujar as global reward manager. Gujar has previously worked at City and Guilds as reward business partner (October 2014 until January 2016) and group reward specialist between July 2013 and September 2014. Gujar also held the role of senior consultant at EY between ...
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ArticleViewbank Dairy breaches holiday pay requirements
New Zealand's Employment Relations Authority (ERA) has ordered Viewbank Dairy to pay a $7,500 penalty and to rectify employment law breaches discovered by the Ministry of Business Innovation and Employment’s Labour Inspectorate.The Labour Inspectorate visited Viewbank Dairy as part of an audit to check for compliance with minimum employment standards ...
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Article
5, Cigna industry insight - Taking a global approach to wellbeing
Whether you are in London, Los Angeles or Lagos, it is likely that you will be facing many of the same health risks. Lifestyle-related health issues such as stress, obesity and chronic conditions are common in every developed country around the world, reducing productivity, and pushing up absence and healthcare ...
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Article
9 Aetna industry insight - How to support a global workforce during times of geopolitical crisis
With last year’s terrorist attacks in Paris, the Brussels security lockdown and the downing of the Russian jet, employers are concerned with how they can support both local employees and UK staff based overseas, as well as those travelling abroad on business. What impact have these types of events had ...
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Article
11, Aviva industry insight - International private medical insurance – engulfed by options
The area we think of as the Gulf is a maelstrom of modernist ambition and staunch heritage, driven by aspirations to succeed and guided by desires to conform. For instance: despite its influx of oil-fuelled wealth and supercars per square mile, it may surprise you to learn that the first ...
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ArticleMaersk Group enhances maternity benefits for global employees
Danish transportation and energy organisation Maersk Group is to introduce improved maternity benefits for its employees globally.In an effort to increase the retention of female staff following childbirth or adoption, from 4 April 2016, Maersk Group is to launch a new policy to enhance benefits during and after maternity leave.The ...
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ArticleStarbucks China introduces sabbatical leave and housing allowance subsidy
Starbucks is introducing a sabbatical leave policy and housing allowance subsidy for its 30,000 Chinese employees.The organisation's Career Coffee Break scheme enables employees with 10 consecutive years of service to take a sabbatical of up to 12 months. Although the leave is unpaid, employees will still be entitled to receive ...
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ArticleSheetz to invest $15m to increase employees' pay
US convenience store chain Sheetz is to invest more than $15 million this year to increase its employees’ pay.The organisation is making the investment in staff wages as part of its commitment to establish Sheetz as a great place to work and to offer a competitive compensation package for its ...
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AnalysisInfographic: What global wellness programmes do employers commonly provide?
An infographic on commonly provided global wellness programmes. (Source: Aon Hewitt 2016 Global medical trend rates, November 2015).Read more about how to address local healthcare needs across a global workforce.
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AnalysisHow to address local healthcare needs across a global workforce
Need to know:Local differences including state healthcare provision, insurance regulations and culture will affect how a global health and wellbeing strategy is applied in different countries.As well as improving employee health, global wellbeing challenges can encourage greater teamwork and underline the organisation’s commitment to its workforce.Language differences and regional events ...
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ArticleNew York City mayor sets $15 minimum wage for government staff
The minimum wage for New York City government employees and those who provide contracted work for the city at social service organisations is to rise to $15 an hour by the end of 2018.Bill de Blasio, New York City mayor, has announced that the higher rate will benefit around 50,000 ...
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Article
43, Aetna industry insight - International medical insurance – extending the care net
Standfirst: Traditional medical insurance is evolving to meet the growing demands of employers and their international workforces.The global nature of today’s commercial landscape has seen organisations expand across international boundaries with increasing frequency. The growing number of globally mobile employees has led to rising expectations of healthcare protection for staff ...
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ArticleExpatriates in Qatar enjoy largest financial gains
More than three-quarters (76%) expatriate (expat) respondents based in Qatar have a higher level of disposable income since moving there, according to research by HSBC.Its Expat explorer survey, which surveyed 21,950 expat workers from 198 countries, also found that 72% of respondents in Oman have more income at their disposal ...
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Case StudiesDomestic and General engages global workforce with recognition scheme
Domestic and General launched an international reward and recognition scheme for its 2,500-plus employees in December 2014. The reward programme, provided by Red Letter Days for Business, is available to employees in six countries: the UK, Australia, France, Germany, Spain and Italy.Phil Harvey, group HR director for the warranty provider, ...
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OpinionDr Jonathan Trevor: Global reward requires complex design
The challenges of managing reward are considerably underestimated by many outside of the human resources function. It is much easier to get it wrong than get it right. When managed poorly, reward can demotivate, disengage and disenfranchise people very quickly and make headline news when the cause of value destroying ...