All articles by Marianne – Page 47
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ArticleXL Group appoints Fitzgerald
XL Group has appointed John Fitzgerald global compensation and benefits partner.He will lead the benefits agenda across the organisation’s international locations, as well as support compensation globally. Fitzgerald’s previous positions include international compensation and benefits manager at Discovery Communications and compensation and benefits manager at Integera LifeSciences.
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ArticleTotal pay increases by 1%
Total pay (including bonuses) in Great Britain has risen 1% year on year, according to research by the Office of National Statistics (ONS) reveals.Its UK labour market research report also found that for July to September 2014, regular pay (excluding bonuses) for staff in Great Britain was 1.3% higher than ...
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Article74% of small employers want support with pension issues
Almost three-quarters (74%) of small and mirco employers with pension issues want support from intermediaries.According to the research from Nest, the government-backed auto-enrolment pension scheme for UK employers, employers also expect support from the outset, with many expecting help as soon as they begin preparations.Many also require ongoing support, with ...
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AnalysisPensions salary sacrifice: what employers need to know
If you read nothing else, read this…Pensions salary sacrifice involves employees sacrificing a proportion of their salary to contribute into their pension scheme.Salary sacrifice can reduce income tax and national insurance contributions for both employers and employees.The term ’salary sacrifice’ is increasingly being replaced with ’salary exchange’. What is pensions ...
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Case StudiesFirstGroup boosts pay through salary sacrifice
John Chilman, group reward and pensions director, says: “Initially, we called this ‘pay boost’ because existing members going into the scheme boosted their take-home pay, because they paid less national insurance. However, we changed the name to ‘salary adjustment’ in the UK, because the ‘pay boost’ term was not appropriate ...
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ArticleEXCLUSIVE: Aggregate launches mental health campaign
Aggregate Industries launched a health and wellbeing campaign to mark Mental Health Awareness Day, which was on 10 October.The construction and building materials manufacturer and supplier held four mental health awareness sessions at its head office on 11 October.The employer also ran 45-minute interactive sessions focusing on stress to mark ...
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ArticleBAE wins family-friendly employer award
BAE Systems Maritime Naval Ships, McMillan Williams Solicitors, the London School of Economics and Political Science (LSE) and Reality HR are among the employers recognised at the Workingmums.co.uk Top employer awards 2014.The awards, which were presented on 4 November at London’s Soho Hotel, recognise employers that have embraced the business ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 31 October to 6 November:1. Overtime must be included in holiday pay2. Siemens launches social media website3. Bankers face bans on alcohol and late nights4. Government taskforce to assess holiday pay ruling5. Talent wars: How to use reward effectively6. Centrica to ...
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ArticleSoil Association and Brook named living wage employers
The Soil Association and Brook have been accredited as living wage employers by the Living Wage Foundation as part of Living Wage Week.The living wage commitment will mean all employees in the two organisations will receive a minimum hourly wage of £7.85. This is higher than the national minimum wage ...
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ArticleMost talked-about news
Speaking in a session at Employee Benefits Live, the pair explained that the ongoing squeeze between wages and pay inflation, which has resulted in some employees having seen a drop in real income of up to 12% since before the recession, is driving the demise of total reward. Brown said ...
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ArticleNorthern Powergrid launches EAP
Northern Powergrid has introduced an employee assistance programme (EAP) for its 2,670 members of staff.It made the decision to introduce the EAP, which is provided by Validium, following a strategic review which led the organisation to take a more proactive approach to staff wellbeing.Deb Piggett, HR business partner at Northern ...
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Article56% find work stressful
More than half of employees (56%) find work very or fairly stressful according to research by charity Mind.Its survey of more than 1,250 working people in Britain, which was published to mark National Stress Awareness Day on 6 November, found that respondents find work more stressful than debt or financial ...
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ArticleOvertime must be included in holiday pay
The Employment Appeal Trubunal (EAT) has ruled that overtime pay must be included in holiday pay calculations.The decision relates to three conjoined cases:Bear Scotland v Fulton and Baxter.Hertel (UK) v Wood and others.Amec Group v Law and others.Bear Scotland v Fulton focused on whether overtime pay or shift allowances should ...
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ArticleMen twice as likely to earn over £50,000
Men working full-time are twice as likely to earn more than £50,000 a year than full-time female employees, according to research by the Trades U nion Congress (TUC).Its analysis of official figures published to mark Equal Pay Day today (4 November) found that one in 15 women working full-time earns ...
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Article50% to offer new pension flexibility to older staff
Half of respondents could offer new pension and remuneration flexibility to older workers to enable them to take advantage of the new Freedom of Pensions rules, according to research by Jelf Employee Benefits.The new legislation, which is due to come into force in spring 2015, will allow older employees, (those ...
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ArticleGoodwin moves to Countrywide
National property organisation Countrywide has appointed Neil Goodwin reward manager, with responsibility for reward and pensions.Goodwin worked previously as reward manager at Macmillan Science and Education, reward consultant at Hutchinson 3G and HR global analyst at Cable and Wireless Communications.
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ArticleEmployee Benefits Awards 2015 categories
BEST STAFF TRAVEL POLICYMost effective travel strategy for business and perk car drivers.BEST HEALTHCARE AND WELLBEING BENEFITS - SMALL EMPLOYERMost effective healthcare and wellbeing strategy for employers with fewer than 1,000 staff.BEST HEALTHCARE AND WELLBEING BENEFITS - LARGE EMPLOYERMost effective healthcare and wellbeing strategy for employers with more than 1,000 ...
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ArticleBuyer's guide to health cash plans 2014
If you read nothing else, read this… A health cash plan is an insurance policy that reimburses the partial or full cost of an employee’s health treatment. They are a cost-effective benefit with which employers can offer employees wide-ranging workplace health and wellbeing support. The costs and cover of ...
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ArticleEmployee Benefits digital magazine – November 2014
Employers are looking at how enhanced benefits can help them attract and retain the best employees. Read how on page 18Samsung’s focus on innovation runs right through the organisation, and has been key to the evolution of its employee benefits strategy. Read how in on page 58Rewarding employees who are ...
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ArticleEmployee Benefits digital magazine – November 2014
Employers are looking at how enhanced benefits can help them attract and retain the best employees. Read how in Seducing the talent (page 18)Samsung’s focus on innovation runs right through the organisation, and has been key to the evolution of its employee benefits strategy. Read how in Inspiring change (page ...