All Share schemes articles – Page 12
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ArticleLloyds Banking Group and Valero Energy shortlisted for Best employee share schemes
Banking organisation Lloyds Banking Group (pictured) and fuel supplier Valero Energy have been shortlisted in the Best employee share schemes category for the Employee Benefits Awards 2018.This award celebrates employers who have implemented an effective employee share scheme for their staff.The full category shortlist is:Lloyds Banking Group, Colleague Group Ownership ...
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ArticleEXCLUSIVE: Aspen launches online financial education programme
EXCLUSIVE: Insurance and reinsurance organisation Aspen has launched an online financial education programme for its 700 UK employees.Its financial education programme, which is provided by Nudge. launched on 20 April 2018, ahead of Aspen's annual flexible benefits selection window in May. It was launched via an email campaign and through ...
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ArticleDirect Line Group to introduce new minimum salary and award free shares
Insurance organisation Direct Line Group is to introduce a new minimum salary for its 11,000 UK employees from 1 April 2018, as well as award a £500 free share to certain staff members.The new minimum salary will be set at £17,000 a year for employees contracted to work 35 hours ...
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Supplier article
Share schemes: financial education is a crucial component
Research conducted by ProShare, in partnership with YBS Share Plans, Secondsight and WEALTH at work, shows that millennials (16 to 37-year-olds) often don’t take advantage of share schemes because they think the schemes are outdated, inflexible and unaffordable.Jonathan Watts-Lay, Director, WEALTH at work, a leading provider of financial education, guidance ...
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Case StudiesAviva uses share schemes to retain and engage employees
Insurance organisation Aviva uses its all-employee share schemes to retain and engage its 28,000 global employees.In the UK, the organisation’s annual UK engagement survey, Voice of Aviva, compiled in September and October 2016, found that the overall engagement score for employees who participated in one of its share schemes was ...
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AnalysisHow can share schemes be used as part of an employee engagement strategy?
Need to know:All-employee share schemes can help to boost productivity and employee engagement by demonstrating how individual and team performance can impact on an organisation’s share price and, therefore, the benefit that employees could receive.Employee share plans can be used as part of a global engagement strategy, although the type ...
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Article80% participate in sharesave schemes because they are a convenient way to save
Four-fifths (80%) of respondents who participate sharesave employee share schemes do so because they believe they are a convenient way to save, according to research by Proshare.Its Attitudes to employee share ownership report, which surveyed 1,699 employees across 11 UK organisations, also found that 67% of respondents find the matching ...
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ArticleAviva, BT Group and ConvaTec recognised for employee share plans
Aviva, BT Group, ConvaTec, Paddy Power Betfair and UBS were among the organisations recognised for best practice in employee share schemes at the ProShare Awards 2017 on Wednesday 6 Decmber 2017.The awards, which are now in their 25th year and were presented by television presenter Claudia Winkleman, aim to recognise ...
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Article36% say workplace pensions are the most valuable employee benefit
Just over a third (36%) of employer respondents say that workplace pensions are the most valued employee benefit, according to research by Hargreaves Lansdown.Its Workplace benefits: the employer view report, which surveyed 349 UK employers, also found that 15% who rank private medical insurance as the most valuable, while 12% ...
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ArticleGoogle and Nokia recognised for employee share schemes
Google, Nokia, Telefonica and Valero Energy were among the organisations recognised for best practice in employee share schemes at the Employee Share Ownership Centre’s (Esop) Employee Ownership Awards 2017 on Tuesday 31 October 2017.Now in its 16th year, the awards were held at the Reform Club in London and were ...
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ArticleSuperdry founders to fund long-term incentive scheme for 4,500 global staff
Global clothing retail organisation SuperGroup, which owns the Superdry brand, has launched a long-term incentive scheme for its 4,500 global employees, which will be funded by the organisation's founders.The three-year scheme, which will run between 1 October 2017 and 30 September 2020, will see SuperGroup founders Julian Dunkerton and James ...
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ArticleMedian base salaries for FTSE 100 chief executive officers increase by 2%
The median increase to base salaries for FTSE 100 chief executive officers in 2016-2017 is 2%, according to research by Fit Remuneration Consultants.Its FTSE 100 directors’ remuneration report, which is based on data collected from FTSE 100 organisations’ annual reports and accounts with a year end up to and including ...
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OpinionCaroline Sherrington: Share options are a flexible way for employers to share equity with staff
Share schemes can be an attractive workplace savings option, helping employees to save while encouraging engagement with an organisation's business performance.Caroline Sherrington: Share options are a flexible way for employers to share equity with staffEquity can be a great way to attract and incentivise employees while preserving precious cash reserves, ...
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AnalysisHow to help employees strike the right savings balance
Need to know:Employers recognise that a one-size-fits-all approach to financial education is not as effective as individualisation.Employees face different financial pressures at different life stages, but these change through an individual’s working life.There are a variety of workplace savings schemes that employers can provide to help employees save in the ...
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Analysis
Infographic: What workplace savings benefits do employers offer?
An infographic outlining the top five workplace savings benefits offered by employer respondents and the basis on which they are offered. (Source: Employee Benefits/Staffcare Benefits research 2017, published in May 2017.)Read more in How to help employees strike the right savings balance.!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogram.com/js/dist/embed-loader-min.js");
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ArticleEXCLUSIVE: 29% offer employee share schemes
EXCLUSIVE: Just under a third (29%) of employer respondents offer share schemes or share options to their employees, 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 a further 17% offer shares or share options ...
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ArticleStaff contribute an average of £158.18 a month into sharesave schemes
The average employee contribution to sharesave (SAYE) schemes was £158.18 a month in 2016, according to research by employee share ownership membership organisation Proshare.Its annual SAYE and Sip survey, which is based on analysis of share plan data from 426 organisations who run Sip schemes and 423 organisations who run ...
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ArticleAviva and Deutsche Telekom Services Europe shortlisted for employee share schemes
Insurance organisation Aviva (pictured) and telecommunications organisation Deutsche Telekom Services Europe have been shortlisted in the best employee share schemes category at the Employee Benefits Awards 2017.This award celebrates employers who have implemented an effective employee share scheme for their staff.The full category shortlist is:Aviva, Aviva SAYE Scheme 2016, Aviva ...
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Article39% believe the Lifetime Isa will cause confusion among staff
Over a third (39%) of employer respondents believe the introduction of the Lifetime individual savings account (Lisa) will cause confusion for employees looking to save, according to research by Close Brothers Asset Management.Its Business barometer report, which surveyed 900 UK employers, also found that 20% of respondents plan to respond ...
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Case StudiesThe benefits offered by Holiday Extras
The workplace benefits on offer at Holiday Extras include:Pension:Group personal pension (GPP) plan, with 3% employee contribution. Employer contributes 3% for the majority of staff and 11% for directors and associate directors. Employees can contribute via salary sacrifice. All employees are eligible after they have passed probation, but must opt ...