All articles by Jennifer Paterson – Page 4
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Article67% of SMEs unaware of auto-enrolment staging date
Two-thirds (67%) of respondents have no idea when their auto-enrolment staging date is, according to research by accountancy firm HW Fisher and Company.Its research, which surveyed 750 small and medium-sized enterprises (SMEs), found that nearly a third (32%) of respondents felt they do not know enough about auto-enrolment to be ...
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Madgex launches wellbeing workshops
EXCLUSIVE: Madgex has launched a range of health, wellbeing and personal performance workshops for its staff.The workshops, which were delivered by wellness consultancy The Tonic, covered a range of topics, including how to fit exercise into a busy schedule, how to eat well, how to sleep well and how to ...
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ArticleTPR has used auto-enrolment powers 23 times
The Pensions Regulator (TPR) has published compliance and enforcement details that show it has had to use its formal powers to ensure employers comply with their auto-enrolment duties a total of 23 times.The powers listed include its ability to carry out inspections and to issue statutory notices, including fixed penalty ...
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ArticleGovernment launches review of taxation on travel and subsistence expenses
The government has launched the first stage of its review into the taxation of travel and subsistence expenses, which it announced in the 2014 Budget in March.The consultation follows the Office of Tax Simplification’s (OTS) report, Review of employee benefits and expenses: second report, which was published in January 2014.The ...
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ArticleFans could miss their Big Bang Theory fix due to pay row
Something for the weekend …Fans of American television sitcom The Big Bang Theory could be left without their weekly fix of the lovable nerds after the sitcom’s stars boycotted the set on 30 July in a row over pay.Stars Jim Parsons, Kaley Cuoco, Kunal Nayyar and Simon Helberg did not ...
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ArticleTop 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 25-31 July:1. EAT to hear three cases on holiday pay2. Health Management to run Health and Work Service3. DAC Beachcroft launches financial education4. Norton Rose Fulbright extends policies for working parents5. HMRC launches consultation on unapproved share schemes6. Bookatable.com sees no ...
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ArticleOcado launches share incentive plan for staff
EXCLUSIVE: Ocado has launched a share incentive plan (Sip) for employees.The scheme, which was launched in July, has two elements. The first is a buy-as-you-earn scheme, which awards staff with one matching share for every seven partnership shares they purchase.Joanna Gordon-Utting, reward and benefits manager at Ocado, said: “We had ...
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ArticleIMG launches personalised financial education
EXCLUSIVE: IMG has launched a financial education programme for its 1,500 UK employees.The global sports, media and fashion organisation introduced the programme during its inaugural Wellbeing Week at its Stockley Park campus at the end of July.The event also included the promotion of the organisation’s employee assistance programme and discounted ...
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ArticleGovernment publishes draft Taxation of Pensions Bill
The government has published its draft Taxation of Pensions Bill, which provides further details around how people can access defined contribution (DC) pension savings flexibly from April 2015.Its Pension flexibility: (draft) taxation of pensions bill, formally introduces:The concept of ‘flexi-access drawdown’ (FAD). There will be no restrictions on how money ...
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ArticleReading Uni launches salary sacrifice cars and bikes
EXCLUSIVE: The University of Reading has launched a salary sacrifice car leasing scheme and re-introduced its bikes-for-work scheme.The new benefits are aligned with the university’s sustainable travel plan and carbon reduction targets.Claire Eckett, HR manager, rewards and benefits at the University of Reading, said: “These benefits support the plan by ...
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ArticleA third of SMEs offer health and wellbeing benefits
More than a third of small and medium-sized enterprises (SMEs) do not have any health and wellbeing benefits in place, according to research by the Chartered Institute for Personnel and Development (CIPD).Its Age diversity in SMEs: reaping the benefits research, which surveyed nearly 600 senior decision makers in SMEs across ...
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ArticleLearn how Yorkshire Water uses data to aid staff wellbeing
Susan Gee, employee health and wellbeing manager at Yorkshire Water, will speak about the importance of using an organisation’s internal data when developing a health and wellbeing strategy at Employee Benefits Live.The session, ‘Placing prevention at the heart of employee health and wellbeing’, will delve into this internal data, which ...
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ArticleCafcass to share wellbeing and absence strategy
Daryl Maitland (pictured), head of HR strategy at Cafcass, will share a case study about how Cafcass tackled sickness absence at Employee Benefits Live.Maitland said: “We’ve gone from an average of 16.2 sick days for social work staff to seven days.”Maitland hopes delegates will take away an understanding of the ...
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ArticleDennis Publishing raises pensions take up to 94%
EXCLUSIVE: Dennis Publishing has increased its pensions take up to 94% following auto-enrolment.The magazine publisher, which owns a range of car, technology and lifestyle titles, had 265 (67%) employees in its group personal pension (GPP) plan prior to its auto-enrolment staging date.It had postponed compliance by three months, from January ...
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Article62% do not think guidance guarantee will be enough
Nearly two-thirds (62%) of respondents do not think the guidance guarantee announced in the 2014 Budget will provide enough support for members of defined contribution (DC) pension schemes ahead of retirement, according to research by Mercer.Its research, which surveyed more than 300 employers and trustees, found that 38% plan to ...
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Article39% do not have financial plan for retirement
More than a third (39%) of respondents do not have a financial plan for retirement, according to research by Aegon UK.Its Retirement readiness survey, which questioned 16,000 employees in 15 different countries, found that 12% of respondents have a written financial plan for retirement.Less than a third (29%) of UK ...
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Article82% will continue to offer childcare vouchers post-autumn 2015
More than eight in ten (82%) respondents will continue to provide childcare vouchers after the introduction of the government’s tax-free childcare scheme in autumn 2015, according to research by Jelf Employee Benefits.Its research, which surveyed more than 200 employers, found that just 3% will not continue to offer childcare vouchers ...
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ArticleCO2-emissions limit top driver of car choice
Nearly two-thirds (62%) of respondents cited a carbon dioxide (CO2) emissions limit as the top criteria for employee’s company car choice, according to research by GE Capital’s fleet services division.Its Company car trends research, which surveyed 200 fleet decision makers, found that other criteria included the car’s fitness for purpose ...
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ArticleBT staff to share £1.1bn sharesave payout
Nearly 23,000 BT employees will share a payout of £1.1 billion after the organisation’s five-year sharesave plan matured on 1 August.The employees, who are mostly contact centre agents and engineers, joined the scheme in 2009. Through the plan, they could save between £5 and £225 every month until July 2014.At ...
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ArticleCarlsberg appoints Nick Court
Carlsberg has appointed Nick Court reward manager.He was previously reward and benefits manager at British Sugar.Prior to that, Court spent more than a decade at Tesco where his roles included personnel manager, reward manager, UK payroll operations manager and employee relations manager.