All articles by System Administrator – Page 81
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Analysis
Special report on salary sacrifice
In this first feature of this three-part special report, Alison Coleman explains how offering non-tax efficient perks through salary deduction has become an increasingly attractive option for employeesArticle in fullOffering non-tax efficient benefits through salary deduction is becoming increasingly commonplace, particularly through flexible benefits schemes where a wide range of ...
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Article
L&G lets leave trade
Investment and insurance services company Legal & General (L&G) plans to introduce a range of salary sacrifice benefits, including childcare vouchers and an option for staff to buy and sell up to five days holiday.Ross Wood, remuneration manager at the firm, said: "We've done a study with a view to ...
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Analysis
Organisation-wide recognition schemes hit target
Diminishing line manager involvement and opening up an organisation-wide peer recognition awards process can help to boost employee morale, says Vicki TaylorIf you read nothing else, read this ...Ensure the company culture is right before introducing a scheme.Create systems to avoid joke nominations.Get everyone involved from the chairman to the ...
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Article
Research update - A group that will never retire
Research from Friends Provident suggests that a new growing group of individuals will never retire out of choice. Aged between 55 and 64 years, these so-called Bridge Careerists have a desire to keep on spending, maintain their status in society and to undertake work they want to do. The Lasting ...
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Article
News update - GNER's perks
Train operating company GNER is re-launching its voluntary benefits package online to make purchasing benefits easier for its 3,000 employees.The online launch is taking place at the end of this month.New benefits will include discounts on car hire and breaks in the UK and Europe, while core benefits such as ...
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Event news - Thinkers to muster
Richard Scase, professor of organisational behaviour at Kent Business School, will be one of the keynote speakers at the Employee Benefits Summit 2006.He is a leading business strategist and author of the highly influential Britain in 2010: the new British landscape, which has helped shaped government planning and strategy.The chief ...
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Analysis
Religious equality
Religious discrimination laws mean catering for different religions goes farther than the canteen, says Vicki TaylorCase studies: Speak Out, B&QArticle in fullSince the Employment Equality (Religion and Belief) Regulations came into force on 2 December 2003 it has been unlawful to discriminate against anyone because of their religion or beliefs.But ...
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Article
Legislation update - Employers urged to revamp group life
Employers are being urged to restructure their group life assurance arrangements so that the maximum lump sum paid out on death falls below the lifetime tax allowance limit of £1.5m.Ian Bulman, an associate director at the professional and financial services group Smith & Williamson, explained that to help protect the ...
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Feature - In depth: Equal pay
There may be specific guidelines on equal opportunity issues, but a lack of compulsion means that standards are often subjective, says Laverne HadawayCase study: The Land RegistryArticle in fullOver 30 years after the Equal Pay Act came into force, many of the more blatant discriminatory employment practices have disappeared. In ...
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Analysis
Feature - Focus on healthcare: Staff demand dental fill ins
This month's revamp to the NHS's 50-year-old charging structure may force the remaining public health dentists over to the private sector, says Nick GoldingIf you read nothing else, read this ...On 1 April 2006, a new government contract was introduced that will also affect the charging structure for National Health ...
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Analysis
Feature - Focus on pensions: Default funds set goalposts
Vanilla default funds can smooth tricky pension problems, says Sonia SpeedyIf you read nothing else, read this …Almost 90% of group personal pension and stakeholder scheme members end up in the default fund at some point.A default fund will never meet everyone’s needs all of the time.If well thought out, ...
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Article
Green paper on sick pay deadline nears
Employers have only a few weeks left to put forward their views on government proposals to change their responsibilities around sick pay under the Welfare Reform Green Paper.Currently under consultation, the Green Paper proposes to abolish the three-day waiting period before an employee can first become entitled to statutory sick ...
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Article
Event news - Northern conference & exhibition panel discussion summary
Following Gordon Brown’s decision to axe the tax breaks around home computing schemes, Employee Benefits will be holding a breakfast briefing at the conference at 9am on Thursday 27 April. A panel of leading experts will offer guidance to delegates on how to manage the fallout from the Chancellor’s decision ...
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Research update - Pensions concerns put HR under pressure
Final salary schemes, A-day (pensions simplification) changes and the Pension Protection Fund are among the top three pension concerns for human resources directors.The findings from a survey conducted by Gissings show that HR directors are finding it difficult to address long-standing issues in relation to pensions.The pressures associated with final ...
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CIPD reward graduates
Jamin Robertson speaks to specialists who have earned the CIPD's Advanced Certificate in Reward ManagementArticle in fullA select group of nine reward professionals has just completed the Chartered Institute for Personnel and Development's (CIPD) new Advanced Certificate in Reward Management.The qualification forms part of the postgraduate CIPD Professional Development Scheme, ...
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Article
First Direct increases dental cover in cash plan
The telephone and Internet bank, First Direct, is increasing dental cover for employees under its healthcare cash plan.The firm's 3,500 staff, who each receive between £1,000 and £2,500 to spend on a range of benefits each year, can choose three different levels of dental cover under the plan. The top ...
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Article
News update - Brown to close gap?
The Chancellor hinted at government plans to close the pay gap between men and women in his Budget speech. Gordon Brown said it would be addressing the "unacceptable discrimination in women's pay". Following the recommendations of the Women and Work Commission (WWC), Gordon Brown announced new help for women by ...
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Article
Legislation update - Bosses must review plans
Employers which offer occupational pension schemes or pay into employees' personal pensions, including stakeholder plans, will need to review their arrangements to ensure they do not fall foul of the new Employment Equality (Age) Regulations 2006.The new regulations, which have been drawn up in order to stop age discrimination in ...
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Article
Research update - HR bods are much more mobile
HR and finance professionals around the world are prepared to move abroad to further their careers, according to a study by recruitment firm Robert Half Finance & Accounting. Almost half (45%) cite their career prospects as the main reason to move overseas.For more information visit Robert Half's website at www.roberthalf.co.uk
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Analysis
Benefits in Poland
The war for eastern European talent is so intense that Poland’s business owners are using perks in an active attempt to help limit the skills exodus, says Clarissa DannIf you read nothing else, read this …Poland has the highest social security tax in Western Europe.But state health and pension provision ...