All Research news articles – Page 23
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Alternatives to flex
Employers continue to be keen on standalone tax-efficient benefits, and interest is growing in total reward statements for employees, says Tynan BartonThe economic climate remains in a state of uncertainty, and it is perhaps because of this that one of the main reasons respondents that have considered implementing flex give ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Administration
As the complexity of flexible benefits schemes increases, a growing number of employers are fully or partly outsourcing plan administration, says Tynan BartonImplementing a flex scheme can be a huge administrative task, so responsibilities are often split between in-house and outsourced resources.This year, it is an almost even divide, but ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Impact of legislation
Employers are finally coming to grips with how to adapt their flexible benefits systems to accommodate the arrival of pensions auto-enrolment, says Tynan BartonThe introduction of auto-enrolment from this October will see many employees enter a pension scheme for the first time, with both employers and employees making compulsory contributions.Back ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Tax-efficient benefits
Changes in tax legislation have made employers more wary about certain benefits, but any tax and NI savings are a strong draw in straitened times, says Tynan BartonSome 85% of employers offer tax-efficient benefits through flex, a small drop from the 90% that did so in 2011. In 2008, this ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Benefits on offer
The number of benefits employers offer through flex is increasing, and childcare vouchers continue to top the table for popularity, says Tynan BartonOffering a voluntary benefits plan or tax-efficient benefits through salary sacrifice arrangements remain the most popular precursors to introducing a flexible benefits scheme.In providing flex, employers must strike ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Structure
More employers are extending flex to staff based overseas, and younger employees are more likely to want to trade their benefits down for cash, says Tynan BartonThe structure of flexible benefits schemes has remained largely unchanged over the years. Back in 2009, the most common way that schemes were structured ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Attitudes
Many employers expect to focus on tax-efficient benefits and better promotion of flex in the year ahead as the economy continues to struggle, says Tynan BartonMost respondents believe a flexible benefits scheme adds value to a business by enabling staff to choose perks that best suit their lifestyles and needs. ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Key findings
This survey, carried out in January 2012, is based on 310 responses from Employee Benefits’ readers and users of www.employeebenefits.co.ukRead more flexible benefits research
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Employee Benefits/Towers Watson Flexible Benefits Research 2012: Sponsor's comment: Flexible thinking is required
Paul Brown, senior consultant at Towers Watson, calls on employers to make the most of flexible benefits as the economic challenges continueWith the euro crisis continuing to hit the headlines and the UK economy threatening to slide back into recession, there seems no end to the economic gloom. Unless employees ...
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Employee Benefits/Towers Watson Flexible Benefits Research 2012
Download a PDF of the Employee Benefits/Towers Watson Flexible Benefits Research 2012 Sponsor’s commentKey findingsAttitudesStructureBenefits on offerTax-efficient benefitsImpact of legislationAdministrationAlternatives to flexEditor’s commentWith one of the biggest pensions changes in recent history due to begin taking effect from October this year, it is perhaps unsurprising that many employers are currently ...
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Legal and General research: Stress-related absence more likely to be taken by women
Women are nearly three times more likely to take stress-related absence than men, according to analysis by Legal and General.Using Department for Work and Pensions (DWP) statistics, Legal and General found that between October and December 2010, 31,000 women took sick days citing stress, depression or anxiety, compared to 11,000 ...
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Hays research: More than half of public sector workers would sacrifice pension for private sector job
More than half of workers in the public sector would sacrifice their pension for a career in the private sector, according to research conducted by Hays.The Hays Career Outlook Survey showed that although those working in the public sector were fiercely defensive of their pensions, they also found the private ...
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Ernst and Young research: Graduates rank training and development over a large salary
Graduates rank training and development over a large salary when selecting a future employer, according to research conducted by Ernst and Young.An online poll, which registered nearly 600 respondents, showed that 41% of graduates view training and development as the most important consideration when weighing up a potential employer. This ...
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Aviva research: Employees want easier ways to manage multiple pension pots
Employees want new and easier ways to manage multiple pension pots, research by Aviva has found.The poll of 2,000 employees in the UK found that while almost half (49%) had multiple pots, 58% were unclear of the overall value of their pension savings.However, three-quarters (75%) felt they would not have ...
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Pensions Policy Institute research: Opting out of auto-enrolment could cut value of retirement fund by 20%
Opting out of automatic enrolment into a workplace pension for the first ten years of working life could cut 20% off the value of the retirement fund, according to research conducted by the Pensions Policy Institute.The report, The impact of opting-out of private pension saving at younger ages, commissioned by ...
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MetLife Assurance research: Employers could cut back on recruitment to fund auto-enrolment
Employers may cut back on recruiting new staff to fund auto-enrolment, according to research by MetLife Assurance.Although nearly two-thirds (63%) of finance directors have not addressed the issue, 16% among organisations with more than five employees said they would cut back on recruitment in order to fund the new legislation.The ...
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CIPP research: Most employers will throw Christmas party for staff
Most employers will be throwing Christmas parties this month, with a fifth (80%) of bosses saying no to the work festive night out, according to research by the Chartered Institute of Payroll Professionals (CIPP).The annual survey found that more than half (56%) of respondents are getting paid early this month. ...
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Croner research: Significant pay gap between directors at small and large organisations
Directors of small organisations have seen a drop in their pay, while those in large organisations have seen an increase, according to research by Croner.The Directors’ rewards research found that the average 2011 annual pay for directors of small firms, with a turnover of less than £5 million a year, ...
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NAPF research: Number of employers closing final salary schemes has jumped by a third
The number of employers that have closed their final salary pension to all of their staff has jumped by a third, according to research by the National Association of Pension Funds (NAPF).Its latest Annual Survey found that almost a quarter (23%) of pension schemes are now shut to both new ...
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ONS research: Total pay growth down 0.3% at end of 2011
The annual growth rate for total pay, including bonuses, fell by 0.3% at the end of 2011, according to research by the Office for National Statistics (ONS).The Labour market statistics: December 2011 found that the annual growth rate for the private sector fell from 2.4% to 2.1%, and the public ...