News – Page 14
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California and New York press ahead with $15 minimum wage plans
New York and California have committed to introducing a statewide $15 an hour minimum wage.In New York, the minimum wage will increase gradually by between $0.70 and $2 each year, depending on the size of the workforce and where in the state employees are based. Employees that work for organisations ...
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UK health insurance costs expected to rise by 6.5%
UK health insurance costs are expected to rise by 6.5% in 2016, according to research by Willis Towers Watson.Its 2016 Global medical trends report, which surveyed 174 health insurance providers operating across 55 countries, also found that the average price of health insurance globally is estimated to rise by 9.1% ...
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Confessions of a benefits manager: Candid keeps compliant in France
Big Bad Boss has been reading one of those benefits bulletins again. All of our consulting friends send us these little updates to tell us what is happening in the world of benefits. Smarmy Consulting is the worst; it sends us not one but three newsletters, all pretty much saying ...
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Wimberly Allison Tong and Goo launches employee ownership trust
US organisation Wimberly Allison Tong and Goo (WATG) has launched an employee ownership trust.The design consultancy, which employs 360 staff across the US and international locations, including London, Istanbul, Dubai, Singapore, and Shanghai, has adopted the employee ownership model with the aim of supporting its future growth.WATG was advised by ...
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70% believe pay transparency improves employee satisfaction
Almost three-quarters (70%) of employee respondents believe that salary transparency has a positive impact on employee satisfaction, according to research by Glassdoor.Its Global salary transparency survey, which surveyed 8,254 employees in Canada, Switzerland, Germany, France, the Netherlands, the UK, and US, also found that 69% of respondents would like to ...
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San Francisco legislates for employer-supported parental leave
The Board of Supervisors in the US city of San Francisco has passed legislation that will require employers to contribute towards fully paid parental leave.Employees in California are currently eligible to receive up to 55% of their pay for six weeks of parental leave, which is funded through employee payroll ...
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New York to phase in $15 an hour statewide minimum wage
The US state of New York is to increase the minimum wage to $15 an hour.The higher minimum wage, which was announced as part of the 2016-17 state budget, will be implemented in phases.For organisations in New York City with 11 employees or more, the minimum wage will increase to ...
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Facebook, Google and Nasa among America’s Best Employers
Costco, Facebook, Google, Nasa, SAS and Southwest Airlines are among those named on Forbes’ America’s Best Employers 2016 list.The ranking is based on a survey of 30,000 US employees that work for organisations employing more than 5,000 staff.The listing recognises organisations’ whose employees would recommend them to others as a ...
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EXCLUSIVE: Mercer and Thomsons Online Benefits partner on global benefits
EXCLUSIVE: Talent, health and wealth consulting firm Mercer has partnered benefits software provider Thomsons Online Benefits to offer global benefits management solutions for multi-national organisations.The partnership will see Mercer provide employee benefits brokerage and consulting services, while Thomsons will offer streamlined administration, automation and communication of benefit programmes through its ...
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California commits to $15 an hour minimum wage
The US state of California is to increase its minimum wage to $15 an hour by 2022.The minimum wage will rise from the current $10 an hour to $10.50 an hour in January 2017, and $11 an hour in January 2018. It will then rise by $1 a year until ...
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Confessions of a benefits manager: Staying silent for international rescue
There is a perception that if you get sent on international assignment it is akin to winning the lottery. Our expatriates seem to expect penthouse apartments and limousines wherever they go. They want to double their salary and have the pick of the best benefits from either country as recompense ...
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Cisco uses online idea sharing platform to encourage employee feedback
Employee Benefits Connect 2016: Cisco International encourages employees to provide feedback and suggestions about their benefits package via an online idea sharing platform.Speaking in a session titled ‘Building a global benefits strategy for the business of the future’, at Employee Benefits Connect on 9 March, Spencer Roach, total reward manager ...
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Employers must consider the evolving generational mix in benefits strategies
Employee Benefits Connect 2016: Employers need to consider the changing generational mix within the workforce when developing their reward and benefit strategies.In the opening keynote session ‘The evolution of our workforces and the implications for employee benefits’ at Employee Benefits Connect 2016 on 9 March, Nigel Jeremy, chief learning officer ...
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Gain insight into using technology for global health and wealth strategies at Employee Benefits Connect
Delegates at Employee Benefits Connect 2016 on Wednesday 9 March will be able to gain insight into how technology can be harnessed to support the health and financial wellbeing of global employees.During the conference session ‘Using technology to manage employees’ health and wealth in the global eco system', Matthew Lawrence, ...
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Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 24 February and 3 March 2016: Puppies help de-stress Australian workplacesEY, Iceland and Nationwide are among the 25 Best Big Companies to Work For 2016Rolls-Royce introduces financial education and engagement strategyHow will the national living wage impact reward strategies?EXCLUSIVE: Countrywide introduces ...
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Global reward in numbers
A round-up of some of the latest facts and figures relating to global reward:76% of expatriate respondents based in Qatar have a higher level of disposable income since moving there (Source: HSBC) 40% of Domestic and General’s 2,500 global staff in the UK, Australia, France, Germany, Spain and Italy took ...
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Infographic: What do employers offer for international staff in emergencies?
An infographic examining what employers offer traveling staff in terms of emergencies. (Source: Forum for Expatriate Management's Policy in Practice 2015, published in February 2015).
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The Hub: People moves: Gujar has moved to TNS
Market research firm TNS has appointed Para Gujar as global reward manager. Gujar has previously worked at City and Guilds as reward business partner (October 2014 until January 2016) and group reward specialist between July 2013 and September 2014. Gujar also held the role of senior consultant at EY between ...
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Viewbank Dairy breaches holiday pay requirements
New Zealand's Employment Relations Authority (ERA) has ordered Viewbank Dairy to pay a $7,500 penalty and to rectify employment law breaches discovered by the Ministry of Business Innovation and Employment’s Labour Inspectorate.The Labour Inspectorate visited Viewbank Dairy as part of an audit to check for compliance with minimum employment standards ...
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5, Cigna industry insight - Taking a global approach to wellbeing
Whether you are in London, Los Angeles or Lagos, it is likely that you will be facing many of the same health risks. Lifestyle-related health issues such as stress, obesity and chronic conditions are common in every developed country around the world, reducing productivity, and pushing up absence and healthcare ...