All articles by kscott – Page 109
-
ArticleAon to acquire Portus Consulting
Risk, retirement, and health services organisation Aon is to acquire UK-based employee benefits business Portus Consulting.The acquisition aims to support Aon's growth strategy for its UK employee benefits business. Portus Consulting will join Aon Employee Benefits, which provides benefits technology, consulting, and brokering services.The terms of the acquisition have been ...
-
Article96% are confident they are fully compliant with their auto-enrolment duties
More than nine in 10 (96%) employer respondents are confident they are fully compliant with their ongoing auto-enrolment duties, according to research by The Pensions Regulator (TPR).Its Ongoing duties survey: July 2017 report, which surveyed 290 micro employers with 1-4 members of staff, 305 small employers with 5-49 employees, and ...
-
ArticleCharlton Morris launches new physical and financial wellbeing benefits
Recruitment organisation Charlton Morris has launched new wellbeing benefits for its 38 Leeds-based employees, including free monthly massages and a free financial advice consultation.The new benefits, which were launched in June 2017, have been introduced to help widen the organisation’s wellbeing package and support the physical and financial health of ...
-
ArticleDulas and Imperial College London named 2017's Top Employers for Working Families
Engineering organisation Dulas, Grant Thornton UK, Imperial College London, Lloyds Banking Group, and West Dunbartonshire Council are among the winning organisations at the 2017 Top Employers for Working Families Special Awards.The annual awards celebrate UK organisations that embed flexibility for all employees into their policies, tackle gendered and traditional ideas ...
-
Article54% are not offered health benefits by their employer
More than half (54%) of employee respondents are not offered health benefits, such as counselling, health screening, and subsidised gym membership, by their organisation, according to research by PricewaterhouseCoopers (PWC).Its survey of 2,000 full and part-time employees in the UK also found that 23% of respondents think their organisation does ...
-
ArticleFTSE 350 defined benefit pension deficit falls to £131bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 organisations fell from £134 billion at the end of May 2017 to £131 billion at 30 June 2017, according to research by Mercer.Its Pensions risk survey, which is based on projections and analysis of FTSE 350 ...
-
ArticleSoftware organisation builds £3.5m office with three-storey slide
Something for the weekend: Creating a fun and engaging workplace is one method of ensuring employees stay engaged and motivated at work, often having a knock-on effect on employees’ productivity. Software organisation EKM has sought to create an enjoyable working environment for staff at its brand new office facility, which ...
-
ArticleTop 10 most read stories this week 29 June-5 July
The top 10 most read stories on www.employeebenefits.co.uk between 29 June and 5 July 2017 were: Addison Lee to face legal action over holiday pay and minimum wageChiswick Park-based staff take on 300m zip wireMicrosoft rolls out global family caregiver benefitPinsent Masons, RBS and Vodafone among 2017's Top Global Employers ...
-
ArticleFCA consults on proposals for staff incentives in consumer credit organisations
The Financial Conduct Authority (FCA) is consulting on proposals designed to help consumer credit organisations manage risks associated with staff incentives and performance management processes.The FCA, which has overseen the regulation of consumer credit since April 2014, has published findings from a thematic research report that surveyed 98 consumer credit ...
-
ArticleFirefighters to consult on four-year pay deal
Firefighters who are members of the Fire Brigades Union (FBU) will consult on proposals for a four-year pay deal, which includes a 2% pay increase in 2017.The pay deal, which has been proposed by the Fire and Rescue Services National Employers, features a 2% increase in basic pay from 1 ...
-
ArticleRangers Football Club loses appeal in employee benefits trust tax case
The Supreme Court has dismissed an appeal by Rangers Football Club (RFC) in a case regarding income tax and national insurance liabilities for the organisation’s employee benefits trust (EBT) scheme.The case relates to the assessment from HM Revenue and Customs (HMRC) that the EBT arrangements and sub-trusts set up on ...
-
ArticleSerco staff at Barts Health NHS Trust strike over pay dispute
Members of trade union Unite who work for public services organisation Serco and are based at hospitals within Barts Health NHS Trust are taking strike action in a dispute over pay.Cleaners, domestic staff, porters, and security staff based across four London hospitals in the Barts Health NHS Trust began 48 ...
-
ArticleWESC Foundation launches salary sacrifice car scheme
Visual impairment services organisation the WESC Foundation has introduced a salary sacrifice car scheme for its 240 Devon-based employees.The organisation launched the Lifestyle Lease scheme, provided by Maxxia, in June 2017 in order to extend the range of benefits available to staff.The scheme enables the lease agreement to be made ...
-
ArticleStandard Life employee’s transfer value complaint is rejected by Pensions Ombudsman
The Pensions Ombudsman has rejected a complaint by a Standard Life employee regarding the provision of a second cash equivalent transfer value (CETV) within 12 months of a previous request.The complainant, Mr Y, is a deferred member of the Standard Life staff pension scheme who was considering transferring his deferred ...
-
Article
The month in numbers: June 2017
A round-up of some of the key facts and figures related to employee benefits in June 2017:26% of global employee respondents who expect to work to some extent in their retirement cite concerns that their retirement benefits will be less than expected as the reason for this (Source: Aegon)50% of ...
-
ArticleWashington to legislate for paid family and medical leave
Washington has passed a bill to introduce a new paid family and medical leave benefit for employees based in the US state.The new family and medical leave programme, which will come into effect from 1 January 2020, will enable eligible employees to take up to 12 weeks of paid family ...
-
ArticleAddison Lee to face legal action over holiday pay and minimum wage
Taxi organisation Addison Lee is to face legal action over the status of its drivers and their entitlement to workers’ rights, such as holiday pay and the national minimum wage.The legal action is being brought by the GMB trade union on behalf of three Addison Lee drivers, who are being ...
-
Article84% believe summer perks increase productivity
More than three quarters (84%) of employee respondents believe that receiving summer perks makes them more productive, according to research by Peldon Rose.Its survey of 600 UK-based office employees also found that 34% of respondents are not offered any form of seasonal benefits.The research also found:40% of respondents feel that ...
-
ArticleSkanska agrees £300m pension longevity hedge
The trustees of construction organisation Skanska’s pension scheme have agreed a longevity hedge for the scheme, covering £300 million in member liabilities.The hedge has been agreed between the Skanska Construction Services Trustees for the Skanska Pension Fund and insurance organisation Zurich. Zurich has reinsured 75% of the hedge with reinsurance ...
-
ArticlePinsent Masons, RBS and Vodafone among 2017’s Top Global Employers for LGBT staff
Accenture, Herbert Smith Freehills, Pinsent Masons, RBS (pictured), and Vodafone are among the 12 global organisations that have been named as 2017's Top Global Employers for lesbian, gay, bi and trans (LGBT) employees by LGBT equality charity Stonewall.The list recognises organisations that create inclusive workplaces and advance equality for LGBT ...