All articles by Marianne – Page 41
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ArticleConsumer analytics should inform benefits design
The advantages of using consumer analytics to devise an employee benefits package will be the focus of a session at Employee Benefits Connect.In a session titled ’Applying consumer analytics to employee benefits design’, Dr Eric Tyree (pictured), chief data scientist at Capita Employee Benefits, will discuss how to apply staff ...
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ArticleLess than half female retail workers feel their employer looks after wellbeing
Less than half of female respondents (47%) working in the retail industry feel their employer looks after their wellbeing, compared to 76% of their male counterparts, according to research by the Institute of Commercial Management (ICM), comissioned by income protection specialist Unum.Its study of 709 employees, including 144 retail workers, ...
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ArticleMen and younger employees see largest falls in pay
Female employees, older workers and low-paid staff have seen smaller real wage falls than male employees, younger workers and those on higher pay, according to research by the Institute for Fiscal Studies (IFS).Its Green budget 2015 report, which surveyed 180,000 UK employees and is produced in association with the Institute ...
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ArticleTwo-thirds of DB members will not transfer to DC pension
A third of defined benefit (DB) pension scheme members have yet to rule out transferring to a defined contribution (DC) arrangement when the new pension reforms come into effect from April, according to research by Hargreaves Lansdown.Its survey of 1,037 employees also found that 7.8% of respondents expressed a firm ...
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ArticleFinancial education boosts staff engagement
How financial education can boost employee engagement and employers’return on investment (ROI) will be the focus of a session at Employee Benefits Connect 2015.In a session titled ‘Boost employee engagement and ROI using financial education’, Darren Laverty (pictured), director at financial education provider Secondsight, will discuss why and how workplace ...
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ArticleJP Morgan extends benefits to employees' parents
JP Morgan has extended several of the benefits offered via its flexible benefits scheme to cover employees’ parents. Its Family Homecare scheme, which is provided by Allianz Global Assistance, has been available its its 14,500 UK employees and their partners for two years. It has now been extended to cover ...
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ArticleSantander to discuss salary sacrifice cars at Employee Benefits Connect
Santander will discuss the evolution of salary sacrifice cars at Employee Benefits Connect on 4 March 2015.The session, ‘The evolving world of salary sacrifice cars- now and in the future’, will focus on the future of car salary sacrifice schemes and how communication methods are changing and influencing employee engagement.Attendees ...
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ArticleLloyds Banking Group offers enhanced parental leave
Lloyds Banking Group has launched an enhanced shared parental leave (SPL) policy for eligible employees.The policy will be offered alongside its current maternity, paternity and adoption policies, as enhanced pay compared to the statutory minimum amount set out in the SPL legislation.The enhanced terms will be available for both parents ...
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65% believe UK staff have low understanding of benefits
Around two-thirds (65%) of UK employers and 43% in the Europe, Middle East and Africa (EMEA) region believe that their employees’ understanding of workplace benefits is low or very low, according to research by Aon Employee Benefits.Its 2015 EMEA Employee benefits communication survey, which surveyed 1,149 organisations across 28 countries ...
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Article51% approaching retirement would consider working longer
Just over half (51%) of rspondents due to retire this year would consider working beyond the state pension age, according to research from Prudential.The current state pension age is set at 65 for men born before 6 December 1953 or between 60 and 65 for women born after 5 April ...
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ArticleHR professionals' pay to rise by 5% in 2015
Human resources (HR) professionals’ pay is expected to rise an average of 5% in 2015, according to research by recruitment agency Robert Walters.The 16th annual Robert Walters Global salary survey, which benchmarked the salaries of 2,850 HR professionals, also found that across the UK, salaries are rising fastest in the ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 22-29 January 2015:1. Disney, Pepsi and Starbucks to take part in wellbeing event2. Tesco and Carillion to introduce health app3. How to build a compelling business case for benefits4. BP freezes pay globally for 20155. Lookers launches employee discounts scheme6. FCA ...
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ArticleShare ideas at Employee Benefits Connect roundtables
These will cover and discuss topics such as the future of car salary sacrifice schemes, changing workforce demographics, how to make data analytics relevant, challenges facing employee engagement and the importance of investing in staff health and wellbeing both now and in the future, as well as global reward, motivation ...
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Article169 employers fined for auto-enrolment non compliance
The total number of employers fined for failing to comply with their workplace pensions duties reached 169 by the end of 2014, according to figures from The Pensions Regulator (TPR).However, this figure represents a small number compared to the tens of thousands of businesses which have now complied with their ...
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ArticleJust 12% comply with default retirement age laws
Just 12% of employers believe their organisation has fully has fully complied with legislation abolishing the default retirement age (DRA), since it came into effect in 2011, according to research by Jelf Employee Benefits.Its study of 248 employers also found that 34% of respondents felt they need to improve all ...
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ArticleDisney, Pepsi and Starbucks to take part in wellbeing event
Swarovski, Pepsi Co, The Walt Disney Company, Starbucks Coffee Company and CBS News are among more than 50 employers at Chiswick Park that will participate in a wellbeing event for staff at the beginning of February. The event, which is part of the business park’s Enjoy Work programme and is ...
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ArticleNon-executive directors' pay rises 7%
Non-executive directors in the UK’s largest organisations have seen a move towards annual pay increases of 7% in 2014, according to research by PricewaterhouseCoopers (PWC) annual non-executive director report.Its annual Non-executive director fees report found that non-executive directors saw a rise in base pay to £65,000 in 2014, up from ...
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ArticleEmployee Benefits digital magazine - February 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links to the right under ‘Related articles’ (these articles will go live in stages during February 2015).At a time when employers are anxious about losing their top talent, building ...
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ArticleImpact of the Fit for Work Service
Provided by Health Management, the service includes an online library, telephone, email and online support for employers, staff and GPs, as well as occupational-health-related assessments.This support is for employees who have been, or are expected to be, absent from work for at least four weeks. Staff will be referred by ...
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ArticleTax-efficient benefits in numbers
35% of employers offer their staff tax-efficient benefits via salary sacrifice as part of a cohesive flex plan. (Employee Benefits/Towers Watson Flexible benefits research 2014, March 2014)Pension contributions via salary sacrifice and childcare vouchers are the most commonly offered tax-efficient benefits via a salary sacrifice arrangement. (Employee Benefits/Towers Watson Flexible ...