All Supplier article articles – Page 136
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Supplier article
FCA findings point to continued lack of understanding around new pension rules
Over half (53%) of retirees who accessed their defined contribution pensions chose to withdraw their entire pension pots, according to the Financial Conduct Authority’s (FCA) interim findings of its Retirement Outcomes Review.Of these fully withdrawn pensions, 52% had been transferred into other savings or investments, thereby losing the valuable tax ...
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Supplier articleKey questions asked by clients around employee benefits
Many of the clients and prospects that we speak to already have a pretty good idea about employee benefits. By the time they have contacted us they will have gone through a process of identifying their objectives, begun to plan a strategy and, more often than not, will have a ...
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Supplier article
E-book: Employee Recognition for the Modern Workforce
There has been a lot of talk in recent months about the rise of millennials and how they are impacting the workforce. The rapid growth in technology has led to a generation gap between older workers and millennials; each with distinct attitudes, behaviours and characteristics. The complexity in managing and ...
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Supplier articleResearch shows gender gap in career progression attitudes
by Simon Andrew, insight and engagement directorWe recently conducted research into what people regard as important when looking for a new job. When we looked at the gender gap, the results were quite interesting. Did I say 'quite'? I mean, very.Gender pay gapThe BBC reported on the first FTSE100 company ...
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Supplier article
Wealth at Work sponsors scholarship programme
Kate Wills, a student at the University of Lincoln has recently completed a three year sponsored scholarship programme at WEALTH at work. This programme was put together as a result of both the University’s and WEALTH at work’s shared interest and commitment to the development of educational needs.Over the course ...
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Supplier article
Webinar – How to build an effective employee recognition strategy
Many organisations adopt employee recognition schemes in an effort to attract, motivate and retain talent. Yet there is a gap between what many programmes set out to achieve and what they deliver. The reason? Often it can be traced to a lack of strategy.On Thursday 20 July 2017 at 1–2pm ...
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Supplier article
How income drawdown can be utilised to create a tax-efficient pension income
Since the pension freedoms, income drawdown has proved to be a popular option for individuals who want greater control and freedom over how they access their pension savings.However if employees go down the income drawdown route, they will need to make sure they don’t pay any unnecessary income tax. Usually ...
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Supplier article
Employee engagement tips for organisations affected by a pay cap
by Jamie King, director of global rewards at XexecThe public sector pay cap – a 1 per cent cent pay rise cap that has been in place since 2012, affecting five million workers across the UK – has been at the top of the political agenda again after the Labour ...
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Supplier article
Report finds employees wasting time on unnecessary tasks
New research shows UK employees spend 441,827,088 days a year on ‘time-wasting’ office tasks such as responding to hundreds of emails, attending meetings for meetings sake, and completing unnecessary admin.Two-thirds (60%) of 2,040 UK employees said they spend at least half a day every single week performing tasks they deem ...
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Supplier article
How employees could avoid losing their pension to scams and fraud
WEALTH at work shares its top tips on how employees could avoid losing their pension to scams and fraudsters.Scams don't look like scams – Scams look and sound legitimate by having very professional looking websites and literature, which is why employees can easily be deceived. Whichever option employees take for ...
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Supplier article
Is it a good idea for employees to transfer out of a defined benefit pension scheme?
Since the pension changes we have seen a rise in employees wanting to transfer their defined benefit (DB) pension scheme into defined contribution (DC) pensions, so that they can also benefit from the pension freedoms.However, transferring from a DB pension scheme can mean that employees will be giving up valuable ...
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Supplier article
Employee benefits lessons from the big four accounting firms
When it comes to insight on staff engagement trends, the big four accountancy firms (PwC, KPMG, EY and Deloitte) are a wealth of knowledge. Having been fortunate enough to work with a broad range of accountancy firms over the years – including all of the big four – we thought ...
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Supplier articleThe future of total reward statements
by Gethin NadinIt is said that the average employee underestimates their total remuneration at work by around 20% (CIPD). Total reward was initially developed to help employees understand the total value of everything they get from their employer, from salary to benefits. However, somewhere along the way, total reward statements ...
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Supplier articleFlexibility for parents is way past its due date
by Kathryn KendalWhen people ask me what I do, I sometimes struggle to answer. From the way they have phrased the question, it’s apparent that they are expecting a simple and straightforward, linear answer: “I’m a doctor.” “I’m a builder.” “I work in Tesco.”The trouble is, there is very little ...
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Supplier article
Test article in numbers
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Supplier article
Xexec breaks into Sunday Times listing
Xexec, a UK/US supplier ofemployee discount portals,reward and recognition programmes, andcustomer loyalty schemes, has ranked in the top 100 of the 2017 Sunday Times HSBC International Track 200, for the first time.It has leapt from 155th he rankings to 88th after a successful period that saw international sales growth of ...
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Supplier article
Voluntary benefits mean Xexec becomes awards finalist
Xexec has announced that it has been selected as a finalist in this year’s Workplace Savings & Benefits (WSB) Awards for voluntary benefits. These awards recognise excellence among employers and providers, acknowledging those that have done the most to help employers and their staff over the past year.Xexec’s new suite ...
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Supplier article
Driving engagement through employee experiences
by Adam Mason, Consulting Director, BenefexWe here at Benefex can see a change coming. Allow me to elaborate…Any business, in any sector, will talk about how their customers are their central focus. In the lead-up to securing a new client, we will all point to the research we undertake, and ...
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Supplier article
Pleasing both millennials and baby boomers through recognition
If you believe what you read, you’d be under the impression that millennials are a tough bunch to please. According to research from MTV, for example, 88% want their co-workers to be their friends. Yet LinkedIn has also suggested that 68% would sacrifice a friendship with a colleague if it ...
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Supplier article
The future of work = employee experience
by Kathryn Kendall, Chief People Officer, BenefexStand aside, employee engagement. When it comes to the future of HR, there’s a new kid on the block.For as far back as most HR professionals can remember, employee engagement has been the darling of the profession. It has been spelled out to us ...