All articles by Robert Crawford – Page 20
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ArticleTop 15 most visited stories online in November
1. Overtime must be included in holiday pay 2. Implications of the October 2015 childcare voucher changes 3. The Pensions Regulator issues first auto-enrolment fines 4. Asda faces mass legal action around equal pay 5. Home Group to relaunch benefits package6. Pensions salary sacrifice: what employers need to know 7. ...
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ArticlePart-time female staff salaries rising faster than full-time males'
Salaries for women that work part time haven risen faster over the past 10 years than those of men that work full time, according to research by Timewise.Its analysis of Office for National Statistics’ salary data found that over 10 years part-time pay for women has risen by 38% over ...
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ArticleTetley insures tea expert's tastebuds for £1m
Something for the weekend…Many employers insure their staff through a group risk policy to support employees and ensure they remain an integral part of the organisation if they become ill.But, sometimes an employee’s individual skillset is some specialist and crucial to an organisation’s business activities that a more unique option ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 27 November to 4 December:1. Government to simplify auto-enrolment legislation 2. Is benefits benchmarking still relevant? 3. Commuting by trampoline 4. Jaguar Land Rover strikes pay deal with staff 5. Employers should act now to manage holiday pay 6. Government to ...
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ArticleIkea to pay €200m performance bonus into pensions
Ikea Group has handed its employees a share of a €200 million (£156.94 million) bonus in to their pension schemes after hitting pre-agreed global sales targets.The €200 million bonus will paid via its loyalty programme, Tack!, which launched in December 2013 to reward employees who have worked with the home ...
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ArticleAutumn Statement's impact on benefits
Chancellor George Osborne gave his Autumn Statement on 3 December 2014. There were several changes impacting employee benefits.Chancellor confirms plans to scrap pensions death taxGovernment to go ahead with OTS benefits simplification reformsPersonal tax allowance to rise to £10,600Higher-rate tax threshold to riseIsa tax advantages extended to partnersFuel duty to ...
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ArticleEmployee Benefits Awards categories focus on pensions
‘Best DC pension default investments’, a category introduced in 2013, recognises employers that have made a concerted effort to offer an effective default investment strategy for their DC pension scheme that is appropriate for their workforce.Jobs and Business Glasgow won this award in 2014 for its strategy, which focused on ...
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ArticleGovernment to go ahead with OTS benefits simplification reforms
Autumn Statement 2014: The government has confirmed that it will go ahead with the Office Of Tax Simplification’s (OTS) recommendations and reform the rules for employee benefits and expenses.It has accepted 51 of the 58 recommendations made by the OTS.The proposals will make the taxation of benefits and expenses more ...
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ArticleIsa tax advantages extended to partners
Autumn Statement 2014: The government has announced that, from April 2015, if an individual savings account (Isa) holder dies who is in a marriage or civil partnership, their spouse or civil partner will inherit the Isa tax benefits.For deaths on or after the 3 December, surviving spouses will receive an ...
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ArticleJaguar Land Rover strikes pay deal with staff
More than 15,000 Jaguar Land Rover employees will benefit from better pay and conditions after a deal was struck between the car manufacturer and trade union Unite. The organisation has increased its original offer of a 3% pay rise to a 4.5% pay rise plus a bonus worth £825 per ...
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ArticleUber launches reward programme for US staff
Cab service firm Uber has launched a reward programme for its drivers in the US.The programme, called Momentum, aims to help keep drivers healthy, grow the business and reduce overall operating costs.Drivers have been given access to benefits including vhelp finding health insurance and discounts on phone bills, as well ...
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ArticleGovernment to simplify auto-enrolment legislation
The government has launched a consultation outlining its plans to simplify the auto-enrolment process and help reduce burdens on employers.A Department for Work and Pensions (DWP) consultation, Technical changes to automatic-enrolment: consultation on draft regulations, sets out a number of changes to legislation designed to make life easier for all ...
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ArticleEmployers should act now to manage holiday pay
The EAT ruled that overtime pay must be included in holiday pay calculations, a decision that sent shockwaves through employers, with many fearing the potential cost. The judgments were made in Bear Scotland v Fulton, which focused on whether overtime pay or shift allowances should be included in holiday pay ...
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ArticleUpdate of key compliance issues in November
The Employment Appeal Tribunal (EAT) ruled that overtime pay must be included in holiday pay calculations.PricewaterhouseCoopers lost a sex discrimination case against an employee, Erik Pietzka, who wanted to work flexibly but had his request rejected. The employment tribunal heard that the employee who dealt with Pietzka’s application was of ...
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OpinionAndrew Roycroft: Tax relief for bonus clawbacks
The tax position of such arrangements is complicated by the commercial imperative to pay the bonus upfront, and any repayment occurs only at a later date (clawback). Such bonuses are taxed on receipt, and the difficulty is obtaining tax relief for the repayment.The rules governing deductibility of amounts paid by ...
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ArticleTalkTalk increases share scheme take up
EXCLUSIVE: TalkTalk has increased take up of its employee share plans for 2014.The telecommunications organisation introduced its sharesave scheme, provided by Equiniti in 2010. It has launched a new plan every year since offering both a three and five-year scheme.Prior to the launch of this year’s schemes, some 55% of ...
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ArticleFujitsu to pilot emotional resilience programme
EXCLUSIVE: Fujitsu is to pilot an emotional resilience programme for its 10,000 employees in the UK and Ireland.The technology organisation’s aim is to help support its employees’ mental health, after it identified core issues using benefits data, including absence information, sampling from health screening and data from its private medical ...
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ArticleFuel duty to remain frozen
Autumn Statement 2014: The government has confirmed that fuel duty will continue to remain frozen. Chancellor George Osbourne cancelled the fuel duty increase planned for September in his 2014 Budget.Overall, action on fuel duty since 2011 will save a company car driver around £675 by the end of 2015/16.
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ArticleCompetition in retirement market is not working
A failure by many consumers to shop around or switch provider to get the best annuity deal proves that competition in the retirement market is not working as well as it could be, according to research by the Financial Conduct Authority (FCA).The regulator’s Retirement income market study, which examined products ...
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