All articles by Louise – Page 34
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ArticleAsset managers' performance awards to be taxed as income
Autumn Statement 2015: Performance awards received by asset managers will be subject to income tax unless the underlying fund undertakes long-term investment activity.The government is to introduce legislation to determine when performance awards should be taxed as income or capital gains.The move forms part of the government’s Autumn Statement 2015, ...
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ArticleGovernment to call for evidence on employer-provided accommodation
Autumn Statement 2015: The government has announced that it will publish a call for evidence on the tax treatment of employer-provided living accommodation.The announcement follows recommendations by the Office of Tax Simplification’s (OTS) report on simplifying the administration of employee benefits and expenses.The call was announced in the Autumn Statement ...
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ArticleGovernment to review public sector sickness absence
Autumn Statement 2015: The government will undertake a review of sickness absence in the public sector.This will be followed by a consultation into how to reduce the impact of sickness absence on public sector service delivery. Legislation will also be considered where necessary.The Spending review and autumn statement 2015 policy ...
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ArticleAuto-enrolment contribution rate rises to coincide with tax year
Autumn Statement 2015: Chancellor George Osborne (pictured) has announced that the next two phases of minimum pension contribution rate increases under auto-enrolment will be pushed back to coincide with the tax year.The minimum contribution rate for employers was scheduled to rise to 2% from October 2017 and 3% from October ...
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OpinionLouise's lowdown: Employees' financial concerns move onto the radar
October saw the debut of Workie, the star of the government's campaign to raise awareness of auto-enrolment and increase engagement with workplace pensions. Workie, "a striking physical embodiment of the workplace pension", is appearing on billboards, television screens and, most likely, a Twitter feed near you. Reactions have been mixed, ...
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ArticleTom Gaynor: How can employers address mental wellness in the workplace?
Tom Gaynor, employee benefits director at MetLife UK, discusses the ways in which employers can address mental wellbeing in the workplace and how they can support the diverse health requirements of today’s workforce demographic.In this five-minute video, Employee Benefits asks Gaynor: How can employers address mental wellness in the workplace?How ...
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ArticleJohn Attley: NHBC uses range of initiatives to support employee wellbeing
John Attley, engagement manager at the National House Building Council (NHBC), provides insight into the organisation’s approach to group risk benefits, and the way in which it supports the mental and physical wellbeing of its staff.In this five-minute video, Employee Benefits asks Attley: How does group risk fit into NHBC’s ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk on 5-11 November 2015: Morrisons staff to star in Christmas adverts.South Warwickshire NHS Foundation Trust launches benefits platform.Lufthansa staff strike over pensions.Parkdean Holidays boosts employee engagement.Women and Equalities Committee launches pay gap inquiry.58% of teachers say they do not have employee benefits.24% ...
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ArticleTotal pay increases by 3%
Total pay, including bonuses, increased by 3% for UK employees between July-September 2014 and July-September 2015, according to research by the Office for National Statistics.Its UK labour market statistical bulletin, November 2015 found that regular pay, excluding bonuses, increased by 2.5%. This is lower than the rate of growth between ...
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Article44% want employer support to make healthy lifestyle changes
Almost half (44%) of respondents would like their employer to help them make positive changes to their lifestyle, according to research by Bupa.Its survey of 2,000 UK employees also found that 85% of respondents believe their productivity would increase if they were able to stick to positive lifestyle changes.The research ...
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ArticleAuto-enrolment increases pensions duty of care for 68%
More than two thirds (68%) of respondents feel a greater duty of care to support employees with their workplace pension following the introduction of auto-enrolment, according to research by Aegon UK.Its survey of 508 UK employers also found that 95% of respondents encounter difficulties that prevent them from delivering ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 29 October and 4 November: Judge allows Facebook director pay case.Uber offers purr-fect wellbeing booster.Lloyds Banking Group and Unilever commit to living wage.Living wage increases to £8.25.Morrisons faces legal action over payroll data leak.Camden Council publishes pay gap data.Amazon Prime Now ...
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Article
Lloyds Banking Group and Unilever commit to living wage
Lloyds Banking Group and Unilever have been accredited by the Living Wage Foundation as living wage employers.The employers have committed to paying all staff the living wage rate, which today (2 November 2015) increased to £8.25 an hour and £9.40 in London.Although Lloyds Banking Group already pays its permanent employees ...