All Tax-efficient benefits articles – Page 5
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AnalysisHas the role of health cash plans changed during the pandemic?
Need to know:The use of online counselling, virtual GP services and employee assistance programmes (EAPs) has soared since the start of the pandemic.Health cash plan providers are offering claim period extensions and payment holidays to help employees.The importance of providing all-round health support, as cash plans do, has become ever-more ...
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Supplier articleEVs and ULEVs: How employee benefits can help take petrol cars off the road
Sustainability. It’s a word we’re all hearing more of, and an issue that’s becoming more urgent with each passing year. While large corporations around the world strive to reduce their carbon footprint and make their products and materials more eco-friendly, individual Reward teams might think that they can't make a ...
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ArticleKeep updated with the Budget 2021
Tomorrow (3 March) Chancellor Rishi Sunak will deliver his long-awaited Budget 2021 – a statement widely anticipated to outline how the government will seek to rebalance the books after nearly a year of on-and-off economic shutdown.With debt now at 99.4% of GDP and borrowing at its highest level since 1993, ...
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ArticleEXCLUSIVE: Brunel University to discuss making benefits engaging without breaking the bank
EXCLUSIVE: Hazel Robinson, associate director of HR, head of reward and wellbeing at Brunel University, London, is to address how employers can make the most of their benefits and rewards packages without it costing the earth in a Covid-19 (Coronavirus) ravaged world.Speaking at Employee Benefits Insights 2021, an online series ...
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ArticleEXCLUSIVE: Inpulse launches employee ownership trust
EXCLUSIVE: Inpulse, the employee engagement firm, has become employee owned, with 75% of shares being given to employees.The move sees the ten-employee strong business transfer three-quarters of its shares to staff through an employee ownership trust (EOT). The trust appoints one of its own trustees to look after the business, ...
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ArticleHR and benefits heads left out of key decision-making
HR and benefits heads are being excluded from key decision-making processes that aim to create better, and more cohesive, employee experiences.This is the surprise finding of new research conducted among 750 chief information officers (CIOs) and 752 HR/internal communications (IC) professionals by pollster OpinionMatters.The study, commissioned by Social Chorus, revealed ...
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Supplier articleMaking the most of redundancy pay
The Government’s Coronavirus Job Retention Scheme comes to an end on 31 October 2020 in which a third of the UK workforce were furloughed. Given the global impact of the coronavirus crisis along with many recent redundancy announcements, it is an inevitable and an unfortunate fact that more redundancies are ...
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Supplier articleWhy Relevant Life Cover is Essential For SME’s
Many SMEs would love to offer their employees financial support such as life insurance, however sometimes setting up a group scheme may not be the best option – especially if you don’t have many employees.What is relevant life cover? Relevant life cover is a life insurance policy that allows you ...
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ArticleConfessions of a benefits manager: Candid looks at tax-effective benefits
You would think in these difficult times, the executive team would have more important things to think about, but their self-interest is immune. One of the guys in C-suite has asked us to focus on making executive benefits more tax-effective. Well, that’s not exactly what he said; in fact, he ...
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Supplier articleTax-free rewards
It’s the employees that keep companies in business and when they’re well rewarded they work harder, smarter and stick around longer but can companies take advantage of tax-free rewards? The simple answer is yes, tax-free rewards are available. Not many companies realise that It’s easy to reward staff for their ...
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Case StudiesThe benefits offered by Police Scotland
The benefits offered by Police Scotland:PensionsThe Local Government Pension Scheme, a career average revalued earning (Care) scheme, is available for all staff; employee contributions vary dependent on salary and Police Scotland contributes around 19% of an employee’s salary.PayOvertime pay of time and a half, and double time for working on ...
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ArticlePure Planet commits to offset employees’ commuting carbon emissions
Renewable energy supplier Pure Planet has launched a new initiative to offset the carbon emissions created by its employees’ daily commutes.The Zero Commute policy, implemented in October 2019, aims to underline the organisation’s commitment to building a more sustainable and green environment. The programme also aligns with Pure Planet’s Zero ...
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Case StudiesThe benefits offered by The Grand Brighton
The benefits offered by The Grand Brighton:PensionsA master trust pension scheme for auto-enrolment purposes, provided by The People's Pension, which follows the minimum statutory contribution rates. There are currently 240 eligible employees within this scheme, because some staff work flexibly or are too young to be eligible.Managers and supervisors are ...
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Case StudiesThe Grand Brighton reinvigorated benefits package upon becoming independent
Luxury seafront hotel The Grand Brighton reinvigorated the benefits and reward package offered to its 300 employees, to align with new corporate values developed when it became an independent entity in January 2018.This change in status empowered its HR and benefits team to revamp its reward offering and set a ...
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AnalysisCan employee benefits be used to counter climate change?
Need to know:Increasing climate change awareness and the introduction of government targets are leading employers to review what can be done within their organisations.Some are changing the slant of their benefits schemes by promoting these differently to employees, highlighting the environmental impact more prominently.Incentives can be used to create day-to-day ...
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ArticleEXCLUSIVE: Seven in 10 respondents offer benefits through optional remuneration
EXCLUSIVE: Seven in 10 (70%) respondents in 2019 offer benefits through optional remuneration arrangements for all staff, according to research by Employee Benefits.The Benefits research 2019, which surveyed 290 respondents and was published in May 2019, also found that the proportion of organisations offering benefits through optional remuneration has only ...
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AnalysisWhat are the latest trends in voluntary benefits?
Need to know:As the war for talent increases, voluntary benefits can provide a cost-effective method of creating a package to attract and retain staff.Everyday savings, such as on groceries, tend to be universally popular, but some employers are bringing in discounts on bigger items such as cars and real estate.Employers ...
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Case StudiesPageGroup uses holistic platform to engage employees with voluntary benefits
Recruitment organisation PageGroup's flexible and voluntary benefits platform, MyBenefits, went live in November 2016, and is available to all 1,400 employees across its 26 UK sites.PageGroup provides a number of core benefits to employees, such as life insurance, group income protection and pension contributions; these can then be flexed and ...
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AnalysisSacrificing salary: Voluntary benefits in numbers
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ArticleSouth Central Service NHS Trust launches new cycle scheme for 3,300 employees
Ambulance organisation South Central Service NHS Foundation Trust (SCAS) has launched a new bikes-for-work scheme to boost the health and wellbeing of 3,300 employees serving the counties of Buckinghamshire, Oxfordshire, Berkshire and Hampshire.The new scheme, provided by Green Commute Initiative (GCI) and launched on 2 July 2019, is available to ...