All articles by Marianne – Page 37
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Article
Voluntary payrolling of benefits to be simplified
Budget 2015: The government is to introduce a statutory framework for voluntary payrolling and exempt certain reimbursed workplace expenses.In the Budget 2015, Chancellor George Osborne announced that from April 2016, the government will also remove the £8,500 threshold below which workers do not pay income tax on certain employee benefits ...
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Budget confirms extended pension freedoms
Busget 2015: Chancellor George Osborne (pictured) has confrmed that the pension freedoms have been further extended to remove the restrictions on buying and selling existing annuities.From April 2016, pensioners with an annuity will be able to trade it in without a tax penalty. This means that approximately five million pensions ...
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Government to increase tax threshold for higher-rate taxpayers
Budget 2015: The government is to increase the point at which higher-rate taxpayers must start to pay 40% tax, Chancellor George Osborne has announced.It will increase by £315 in 2016-2017, and by £600 in 2017-2018. This will take the higher-rate tax threshold to £43,300 by 2017-2018.
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Personal tax allowance to rise to £11,000
Budget 2015: The personal tax allowance will be increased to £10,800 from April 2016, and to £11,000 from April 2017, Chancellor George Osborne has announced during the 2015 Budget.The allowance, which is the amount employees can earn before they have to start paying tax, will enable the average taxpayer to ...
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Article
Aon Hewitt partners Swedish pensions firm
Aon Hewitt is to partner PRI Pensionsgaranti (PRI), Sweden’s largest firm of pension administrators and actuaries.The partnership will enable Aon Hewitt to provide Swedish and international pensions actuarial services in Sweden.Through the agreement, Aon Hewitt will support PRI in providing global actuarial co-ordination services, while PRI will continue to provide ...
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Article
National minimum wage to rise by 3%
The national minimum wage will increase by 3% to £6.70 an hour from October 2015.The increase is equivalent to an additional 20p an hour for workers aged 21 and over, from its current rate of £6.50 an hourThis will be the largest increase to the national minimum wage in real-terms ...
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Analysis
Quirky ways to communicate benefits to staff
If you read nothing else, read this…Quirky communications strategies can help engage staff with their workplace benefits. Strategies could include quirky campaign themes, staff champions and even traditional handwritten letters. Employers should ensure that their communications methods are appropriate for their workforce. But this is not deterring them from doing ...
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UK pay gap between managers and staff is double European average
The pay gap between lower level employees and their senor manager counterparts in the UK has increased by 5.3% since 2008, while Europe has seen the smallest pay gap increase of 2.2%, according to research by Hay Group.Its study, which surveyed more than 16 million job holders in 24,000 organisations ...
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NHS staff to receive 1% pay rise
Almost 1.1 million NHS employees will receive a pay increase of 1% for 2015-2016.The pay deal, which has been approved by the NHS Staff Council, will reward more than a million NHS staff earning up to £56,500 a year from April 2015Meanwhile. the lowest paid employees, including health care assistants, ...
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Scan Coin UK launches life assurance and auto-enrolment pension
Scan Coin UK has introduced a new group life assurance scheme and workplace pension scheme to comply with auto-enrolment for its 50 UK staff.The supplier of cash handling and money processing equipment organisation will offer a scheme, provided by Portus Consulting, that manages its workplace pension auto-enrolment programme, as well ...
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Employee Engagement report 2015
Employee Benefits’ Employee Engagement report 2015 explores how employers can better engage their staff.The report includes the following articles:Clare Bettelley: Employee engagement replies on employer supportWhy any employer embarking on an employee engagement strategy should first question the extent to which it can consider itself engaging. The true meaning of ...
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Article
Balreed boosts prostate cancer awareness with workshops
EXCLUSIVE: Balreed has raised the awareness of prostate cancer in the workplace through its ‘Be a Hero’ campaign.All 204 employees at the independent provider of print, document, IT and process technology attended workshops on highlighting the importance of prostate cancer and early detection in January.Workshops were run at Balreed’s eight ...
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Article
?Jenny Davidson moves to Dixons Carphone
Dixons Carphone has appointed Jenny Davidson group reward director. She will head up the reward function across the newly merged Dixons Carphone Group, with responsibility for the strategy and implementation of all pay and benefits, as well as reward integration projects across the organisation. Davidson’s previous roles include head of ...
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Article
Coats appoints John Lovell
Coats has appointed John Lovell group pensions director.Lovell is responsible for overseeing Coats’ global pension schemes as well as developing the organisation’s pension strategy and working closely with the trustees of the various schemes to ensure their effective delivery.He has joined the organisation from Sainsbury’s, where he was head of ...
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Article
Vospers relaunches voluntary benefits plan
EXCLUSIVE: Vospers Motorhouse has relaunched its voluntary benefits scheme for all 550 members of staff.It now includes access to over 7,500 national retail discounts, cashback offers and the option of local discounts, which employees can access via a unique login.The family-run motor organisation wanted to replace its previous scheme which ...
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Article
09 Top story Events: Employee Benefits Awards 2015 shortlist announced
The shortlist for the Employee Benefits Awards 2015 is now available at www.employeebenefitsawards.co.uk.The winners will be announced during a lunchtime ceremony on Friday 12 June at the Artillery Garden at the HAC in London.As well as the 22 category winners, the winner of the prestigious Grand Prix award will also ...
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09 Events: Have you met the Employee Benefits Awards 2015 judges?
Have you met our judges for the Employee Benefits Awards 2015?This year’s panel chairs are Debbie Lovewell-Tuck, editor, Employee Benefits; Clare Bettelley, associate editor, Employee Benefits; Jane Fenwick, global head of benefits, Shire Pharmaceuticals; and Neil Morrison, group HR director, Penguin Random House.The other judges are:Roland Baskeyfield, group reward manager, ...
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Article
Female retirees in 2015 expect 25% less income than males
Women planning to retire this year expect to receive retirement incomes that are 25% lower than their male counterparts, according to research by Prudential.Its Class of 2015 study, which surveyed 7,687 UK adults aged 45 and over who have yet to retire, including 1,012 respondents who intended to retire in ...
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Article
Anglian Water switches eyecare provider
Anglian Water has switched provider for its eyecare benefits for staff.The organisation has selected Specsavers Corporate Eyecare to implement its eyecare policy to 3,000 members of staff.Through the scheme, staff are able to access e-vouchers to help meet their specific workplace eyecare needs. All of Anglian Water’s office-based staff that ...
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Article
Canine cottage critic wanted
Something for the weekend…Holiday home website holidaycottages.co.uk could soon be facing some interesting employee benefits challenges when it recruits a rather unusual member of staff.In a bid to review and improve services and customer experience, the organisation is looking for an employee who is a minimum of one-year-old, active, sociable, ...