All articles by kscott – Page 141
-
ArticleThe top 10 most read stories: September-October 2016
The top 10 most-read stories on www.employeebenefits.co.uk between 19 September and 17 October 2016 were: EXCLUSIVE: BT to consolidate benefits in global online platformCommunications organisation BT is launching an online benefits portal that will bring all of its employee benefits together in one place. bit.ly/2eaU86e2. National minimum wage rises to ...
-
ArticlePost Office staff to strike in pensions dispute
Post Office managers who are members of trade union Unite and employees who are members of the Communication Workers Union (CWU) will undertake 24-hour strike action on Saturday 3 December 2016 in a ongoing dispute over pensions.Around 720 Post Office managers will join CWU members in targeting 300 Crown Office ...
-
Article67% of lawyers would choose flexible working over a 5% pay increase
More than two thirds (67%) of lawyer respondents would choose flexible working over a 5% salary increase, according to research by My Family Care and Hydrogen.The Flexible and family friendly working: a competitive advantage for organisations report, which surveyed 140 lawyers and 27 legal practices in the UK, also found ...
-
ArticleGreater London Authority has a 4.6% gender pay gap
The Greater London Authority (GLA), has a gender pay gap of 4.6%, according to the authority's latest gender pay audit.Full-time male employees at the GLA, which employs 795 staff on permanent and fixed-term contracts, are paid £22.44 an hour on average, and full-time female staff are paid £21.40 an hour. ...
-
Article33% feel pressure not to take time off work for a doctor's appointment
A third (33%) of respondents cite pressure not to take time off from work as the reason for cancelling, missing or postponing an appointment with a GP, according to research by Doctor Care Anywhere and YouGov.The survey of 1,010 middle managers and employees in private organisations also found that 37% ...
-
ArticleFCA consults on annuity comparator implementation
The Financial Conduct Authority (FCA) has launched a consultation on its plans to require annuity providers to inform consumers about how much they could gain from shopping around before a potential annuity purchase.The introduction of an annuity comparator aims to encourage individuals to shop around for a competitive annuity product ...
-
ArticleDHL Supply Chain staff to strike over pay
DHL distribution staff who are members of trade union GMB are to strike on Monday 28 November 2016 in a dispute over pay.Union members at Spectrum for Arcadia, a division of DHL Supply Chain, have voted to walk out of the Birmingham-based depot on so-called Cyber Monday, a day when ...
-
ArticleDo not miss Employee Benefits Wired: maximising pensions potential
Employee Benefits Wired: maximising pensions potential, presented in association with Close Brothers Asset Management, will be broadcast live at 11am on Tuesday 29 November 2016. The debate can be viewed for free on EB TV.The online panel discussion will provide insight on the key factors impacting pensions. This will include ...
-
ArticleLidl UK to increase pay in line with voluntary living wage
Supermarket Lidl UK is to increase minimum pay in line with the new voluntary living wage rates from 1 March 2017 as part of its ongoing pay strategy.Lidl employees across England, Scotland and Wales will receive a minimum of £8.45 an hour, and £9.75 an hour in London. The pay ...
-
ArticleCarlsberg doubles salary for four-hour beer tasting job
Something for the weekend: Carlsberg Singapore has doubled the salary for what it describes as #ProbablyTheBestJob. The organisation is recruiting for a very exclusive beer taster position, offering an impressive S$20,000 (£11,211) for just four hours of work.The successful candidate will act as a Carlsberg ambassador. This involves drinking Carlsberg ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 17 and 23 November 2016 were: Keep up to date with the Autumn StatementGovernment limits tax-efficient salary sacrifice arrangementsBupa to acquire Oasis Dental CareCostco and Sainsbury's are recognised for payroll giving schemesPackaging workers to strike over payBenchmark your pay and benefits ...
-
ArticleEXCLUSIVE: 57% of employers measure gender pay differences
EXCLUSIVE: More than half of respondents currently measure differences in gender pay, according to research by Paydata.Its Autumn 2016 UK reward management survey, which surveyed 140 organisations, found that this is up from 44% a year ago.In addition, the research found that 33% of respondents will address the cost of ...
-
ArticleHow the Autumn Statement 2016 will impact employee benefits
On 23 November 2016, Chancellor Philip Hammond delivered his Autumn Statement 2016 speech. Below is a round-up of the key announcements with a bearing on employee benefits:From April 2017, the government will limit the range of benefits that attract tax and employer national insurance (NI) advantages when offered through a ...
-
OpinionDan Sharman: Taking employee share plans to a global workforce needs careful consideration
As part of a global benefits strategy, international organisations often want to expand their share plans to cover employees who are based overseas. Often, this is crucial to attract and retain key talent internationally and to achieve parity in remuneration packages across the global workforce.However, granting employees equity is a ...
-
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, ...
-
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 ...
-
ArticleGovernment to abolish employee shareholder status tax advantages
Autumn Statement 2016: The tax advantages awarded under employee shareholder status (ESS) will be abolished from December 2016.The tax advantages that are linked to ESS-provided shares will be abolished for arrangements entered into on, or after, 1 December 2016, with the status itself being closed to new arrangements at the ...
-
ArticleInsurance premium tax to rise to 12%
Autumn Statement 2016: The standard rate of insurance premium tax (IPT) is to increase to 12% from 10% from June 2017.The rise was announced by Chancellor Philip Hammond in his Autumn Statement speech today (23 November).This increase is designed to raise revenue to help fund the commitments made by Hammond ...
-
ArticleGovernment retains freeze on fuel duty
Autumn Statement 2016: Chancellor Philip Hammond has announced in his Autumn Statement speech that fuel duty will be frozen at 57.95p litre for the seventh consecutive year from April 2017.The continued freeze is estimated to save the average car driver £130 a year and van drivers £350 a year. This ...
-
ArticleNational living wage to rise to £7.50
Autumn statement 2016: Chancellor Philip Hammond has announced that the national living wage will increase to £7.50 an hour from April 2017.The national living wage will increase by 4.2%, taking the current minimum level of pay for individuals aged 25 and over from £7.20 an hour to £7.50 an hour.Other ...