All articles by kscott – Page 146
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Article
Abax introduces dedicated weekly exercise hour for UK staff
Telematics organisation Abax is allowing its 50 Peterborough-based staff to exercise for one hour a week during working hours to boost employee wellbeing.Employees can use their exercise hour for any physical activity, including working out with a personal trainer, taking part in group exercise sessions, heading out for a run ...
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82% have a strategy to close their organisation's gender pay gap
More than three quarters (82%) of senior management respondents have a clear strategy to review and close their organisation’s gender pay gap, according to research by Xactly.Its survey of 250 UK senior executives who work at organisations with 250 or more employees, also found that 68% of respondents have personally ...
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Analysis
Buyer’s guide to financial education
What is financial education? Financial education provides employees with information and guidance relating to financial matters. It can cover workplace benefits such as pensions, share plans and insurance products, as well as mortgage information and issues such as dealing with debt. Financial education aims to help staff have control over ...
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Analysis
Buyer’s guide to share incentive plans
What is a share incentive plan?Share incentive plans (Sips) were created in 2000 as an employee share plan that could help staff save in a tax-efficient way. Employees can purchase shares or be awarded free shares.Sips have tax advantages. The monetary contributions come from an employee’s pre-tax salary, meaning that ...
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Article
Pay protection could be a reasonable adjustment in certain circumstances
The Employment Appeal Tribunal (EAT) has ruled that pay protection could be counted as a reasonable adjustment in certain circumstances.In the case of G4S Cash Solutions vs Powell, engineer Powell developed a back condition that required him to perform lighter duties. Integrated cash management organisation G4S Cash Solutions accommodated this ...
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Article
21% of managers have never spoken to employees with cancer about their illness
More than a fifth (21%) of respondents who manage employees who have had cancer have never spoken to them about their illness, according to research by Axa PPP Healthcare.Its survey of 500 UK managers who have managed an employee who currently has or has had cancer, also found that 20% ...
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Article
46% would like their employer to provide financial education
Just under half (46%) of respondents would like their employer to offer financial education support, according to research by Equiniti.Its survey of 6,700 savers and investors from Equiniti’s client base, also found that 49% of respondents feel that their employer does not do enough to support informed financial decisions on ...
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43% would like their employer to offer relationship support
Just under half (43%) of respondents would like their employer to offer relationship support, according to research by Relate and Relationships Scotland.Its The way we are now: labour of love or love vs labour report, which surveyed 5,000 UK adults, also found that 21% of respondents feel that attending to ...
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Article
49% find pensions terminology too confusing
Just under half (49%) of respondents find pensions terminology to be complicated and confusing, acting as a barrier to effective retirement planning, according to research by Capita Employee Benefits.Its Employee insight report 2016/17, which surveyed 3,006 UK employees, also found that 51% of respondents do not know how much they ...
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Article
The month in numbers: September 2016
A look at some of the facts and figures relating to employee benefits in September 2016:£44.3bn is the combined value of bonus payments made in Great Britain in the financial year ending March 2016 (Source: Office for National Statistics) bit.ly/2ctrMVW34% of UK employee respondents feel there is too much choice ...
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Article
Starting salaries for female graduates are £1,400 lower than for male graduates
Female graduates earn starting salaries that are £1,400 lower on average than the starting salaries earned by male graduates, according to research by TheCompleteUniversityGuide.co.uk.The analysis, which is based on starting salary data from the Destinations of leavers from higher education survey, found that male graduates take home a higher starting ...
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Article
EXCLUSIVE: Natixis holds wellness week for London staff
Natixis has held its second annual wellness week for its 430 London-based staff in order to support employees' health and highlight the wellbeing benefits available to them.The French bank, which operates globally, including in Paris, New York, London, Madrid and Milan, held its London wellness week between 10 and 14 ...
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8: events: Exhibitors to showcase leading benefits for 2017
Employee Benefits Connect 2017 will provide HR and benefits professionals with the opportunity to network and liaise with industry providers and suppliers face-to-face.At the on-site exhibition, attendees will be able to browse potential benefits innovation that could be utilised within a successful reward strategy for the year ahead.Exhibitors include Barnett ...
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Article
68% would save into the lifetime Isa alongside their pension
More than two thirds (68%) of respondents who would consider opening a lifetime individual savings account (Lisa) would save into it alongside their pension, according to research by Hymans Robertson.Its survey of 1,000 employees under the age of 40 also found that 61% of respondents would open a Lisa, and ...
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Article
Top tips for providing healthcare initiatives on a budget
Need to know:A thorough understanding of the workforce demographic will help to effectively target employee needs and reduce benefit spend.Existing services can be promoted to produce clear, easy-to-follow pathways for staff.Getting employees involved in internal networks, such as wellbeing champions, can be a strong engagement tool and help to keep ...
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Article
Government legislates for lifetime saving
The Savings (Government Contribution) Bill 2016-2017, which legislates for the Lifetime individual savings account (Lisa), has now been introduced to the House of Commons, to finalise details in preparation for an April 2017 launch.The savings vehicle was first unveiled by former Chancellor George Osborne in the March 2016 Budget, aiming ...
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Article
The top 10 most read stories: August-September 2016
The top 10 most-read stories on www.employeebenefits.co.uk between 8 August and 19 September 2016 were: Government consults on tax-efficient benefitsHM Revenue and Customs launched a consultation to examine the potential impact on employers and employees should the government change the way the benefits code applies when a benefit in kind ...
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Article
Penguin Random House UK promotes Morrison
Publishing organisation Penguin Random House UK has promoted Neil Morrison to director of strategy, culture and innovation. This new role will see Morrison lead the existing strategy and HR teams in driving innovation and organic growth for the business. Morrison was previously group HR director, UK and international companies.
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Article
Purnell starts at Travelport
Sarah Purnell has joined Travelport as director of compensation and benefits. In her new position, Purnell will be responsible for global compensation and benefits, as well as global mobility.Purnell has previously held roles at Lucozade Ribena Suntory as senior compensation and benefits manager, and at Tesco as head of UK ...
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Article
Klimczak joins Bupa Global
Sylwia Klimczak has become reward consultant at Bupa Global. Previously, she was senior group reward advisor at Bupa, and reward and recognition analyst at DHL.Klimczak specialises in benefit scheme design and implementation, as well as pay analysis and internal communications.