News – Page 4
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ArticleSouth Central Service NHS Trust launches new cycle scheme for 3,300 employees
Ambulance organisation South Central Service NHS Foundation Trust (SCAS) has launched a new bikes-for-work scheme to boost the health and wellbeing of 3,300 employees serving the counties of Buckinghamshire, Oxfordshire, Berkshire and Hampshire.The new scheme, provided by Green Commute Initiative (GCI) and launched on 2 July 2019, is available to ...
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ArticleEXCLUSIVE: Two-fifths have seen no impact following salary sacrifice changes
EXCLUSIVE: More than two-fifths (43%) have not see any impact from changes to salary sacrifice arrangements, according to research by Employee Benefits.The Benefits research 2019, which was published in May 2019 and canvassed the views of 290 HR professionals, found that the proportion of respondents that have not felt the ...
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ArticleBritish Transport Police adds cycle scheme to benefits offering for 5,000 employees
The British Transport Police (BTP) has introduced a new cycle-to-work scheme for 5,000 employees.The new benefit, provided by Green Commute Initiative, was implemented in April 2019 to offer employees a greater choice of bikes; traditionally, cycle-to-work schemes allow employees to select a bike up to the value of £1,000, but ...
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ArticleLeicester City Council launches cycle scheme for 8,000 staff members
Leicester City Council has launched a new cycle-to-work scheme for its 8,000 employees in order to align with business goals around sustainability.The new benefit, provided by Green Commute Initiative, was implemented on 1 April 2019. It enables employees to purchase a bike or e-bike up to the value of £5,000 ...
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ArticleKavitha Sivasubramaniam: Promoting and communicating benefits adds to their value
As our Maximising Benefits Week in association with Tusker draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.This dedicated week was designed to bring you exclusive insights and opinions, uncovering the latest trends and best ...
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ArticleGovernment to tackle tax after 2019’s Spring Statement
Spring Statement 2019: The government has announced a call for evidence on insurance premium tax (IPT), in addition to a series of other consultations and responses published in alignment with the Spring Statement 2019.Chancellor Philip Hammond (pictured) outlined the tax-related consultations and published government responses in his annual Spring Statement ...
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ArticleZurich launches new employee benefits and portal for 5,000 UK staff
Insurance organisation Zurich has updated its employee benefits offering for 5,000 UK employees, as well as launched an employee benefits portal to better support the organisation’s agile working culture and multigenerational workforce.The new portal, called Indigo, was introduced on 7 November 2018 for the organisation’s UK-based staff. Provided by Thomsons ...
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ArticleSurrey County Council launches cycle to work scheme
Surrey County Council has launched a cycle to work scheme as part of its new employee benefits platform for 23,000 employees.The scheme, provided by Green Commute Initiative (GCI), was implemented in August 2018 as part of the Council’s new bespoke employee benefits platform, supplied by provider My Staff Shop. The ...
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Article29% cannot explain how company cars impact upon their taxes
Under a third (29%) of respondents cannot explain how having a company car impacts on their taxes, and simply accept the amount that comes out of their pay packet, according to research by vehicle supply organisation OSV.Its survey of 759 individuals also found that 51% admit that they still do ...
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Article67% feel employers could do more to encourage active commuting
More than two-thirds (67%) of respondents believe that employers can make allowances to help encourage employees to have a more active commute, according to research by social enterprise organisation Free2cycle.The survey of 2,000 UK individuals highlighted initiatives such as introducing flexible start times, providing access to changing facilities and offering ...
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Article40% of employees are happy with their benefits package
Just two-fifths (40%) of respondents are happy with the benefits package offered by their employer, according to research by Willis Towers Watson.Its Global benefits attitude survey, which surveyed 2,824 employees, also found that almost three-quarters (72%) of respondents who are able to tailor their provision via flexible benefit schemes, feel ...
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ArticleEXCLUSIVE: Registers of Scotland hosts benefits fairs for 1,000 staff
EXCLUSIVE: Non-ministerial government department Registers of Scotland has held two benefits fairs for its 1,000 employees in order to promote its new employee benefits platform, existing benefits package and new salary sacrifice benefits.The benefits fairs were held on 26 and 27 February 2018 at the department’s Edinburgh and Glasgow sites. ...
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ArticleExclusive: Discover the future of salary sacrifice cars at Employee Benefits Connect
EXCLUSIVE: Delegates at Employee Benefits Connect 2018 will be able to gain insight on the future of salary sacrifice car schemes and discover the role these schemes can play as part of an organisation’s benefits package.Claire Evans (pictured), head of consultancy at Zenith, will present a session titled ‘What will ...
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Article53% of employers cannot afford non-performance-related benefits
More than half (53%) of employer respondents cannot afford to provide non-performance-related benefits because their organisation does not have sufficient budget, according to research by One4all Rewards.Its survey of 1,024 UK employees and 476 UK employers also found that 10% of employer respondents are currently making use of the tax ...
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ArticleIncome tax exemption for Armed Forces accommodation allowances announced
Autumn Budget 2017: The government has announced the introduction of an income tax and national insurance contribution (NIC) exemption for accommodation allowances for Armed Forces personnel.The exemption will apply to certain allowances paid to personnel for renting or maintaining accommodation in the UK private market.The exemption is to support the ...
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ArticleSecond Finance Bill to legislate for pensions advice exemption and company car tax bands
A second Finance Bill 2017 has been introduced into Parliament, which includes the introduction of an income tax exemption for the first £500 of employer-arranged pensions advice, company car tax bands, and the retrospective application of the money purchase annual allowance (MPAA).A number of measures were dropped from the Finance ...
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Article89% use salary sacrifice to buy technology they could not afford outright
Almost nine in 10 (89%) respondents who have purchased a technology product through a salary sacrifice scheme would not have bought the product elsewhere because they could not afford to buy the item outright, according to research by Let’s Connect, part of Personal Group.Its survey of 1,100 employees who have ...
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ArticleNewcastle City Council launches bikes-for-work scheme
Newcastle City Council has launched a bikes-for-work scheme for its 13,000 employees.The scheme, delivered by Bike2Work, a provider of the government’s bikes-for-work programme, has been introduced to help staff increase their fitness levels. The scheme also aims to reduce pollution in the area and ease local traffic congestion.Employees who register ...
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ArticleEXCLUSIVE: Just 9% do not offer any benefits through salary sacrifice
EXCLUSIVE: Just 9% of employer respondents do not offer any benefits through a salary sacrifice arrangement, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that more than three-quarters (80%) of respondents offer benefits through a ...
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ArticleEXCLUSIVE: 84% offer salary sacrifice pension arrangements
EXCLUSIVE: More than three-quarters (84%) of employer respondents allow staff to contribute to their defined contribution (DC) pension through a salary sacrifice arrangement, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that this is 10 ...