All Employee Benefits articles in Web Issue – Page 1011
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ArticleWhat are the alternatives to salary sacrifice benefit arrangements?
Need to know:The changes to salary sacrifice arrangements limit the range of benefits that attract tax and employer national insurance contribution advantages.Organisations that reinvested these savings into funding their benefits strategy may have to look at alternative approaches.The legislative changes provide an opportunity for employers to review their employee benefits ...
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Article
11: Tax-efficient benefits
Just 9% of respondents’ organisations do not offer any benefits through a salary sacrifice arrangement, according to the Employee Benefits/Staffcare Benefits research 2017. This compares to 15% of respondents that said the same in 2016.The fall in the proportion of respondents that do not offer any benefits via salary sacrifice ...
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Supplier article
Financial exclusion – solving a lifelong problem
By Monica Kalia, co-founder and chief strategy officer, NeyberFinancial exclusion is widespread in the UK today. According to Neyber’s 2016 research, The DNA of Financial Wellbeing, one in six people in the UK struggles to identify the balance on their bank statement and one in three is unable to manage ...
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ArticleLouise’s lowdown: A voice-first future for employee benefits?
The need to keep abreast of consumer behaviours and recognise the ways in which employees prefer to seek information, engage with others, and conduct transactions in their personal lives has been much discussed in the employee benefits industry in recent years, particularly when it comes to technology. It is perhaps ...
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ArticleEXCLUSIVE: Hologic launches online financial education programme
EXCLUSIVE: Global healthcare and diagnostics organisation Hologic has introduced a new online financial education programme for its 320 UK-based staff.The financial education programme, provided by Nudge, has been launched via a series of webinars and personalised online notifications or ‘nudges’ to employees across the organisation's Crawley, Manchester, and West Lothian ...
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Supplier article
Q&A with Kirren Dharamsi, Benefex product business analyst
by Sophie GaneEarlier this month, we celebrated International Women's Day; and it made us realise how many incredibly talented women we have here at Benefex. So, we'd like to introduce you to one of them: Kirren Dharamsi has been at Benefex for three years now, and is one of the ...
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Supplier article
The benefits of cycle-to-work schemes
By Sally Duckworth, CEO, You At WorkI’ve owned nine bikes while living in London – eight of them have been stolen.I’m also painfully aware that cycling can be dangerous (traffic); uncomfortable (too hot, too cold, too wet); and inconvenient (it’s hard to carry a business suit to work without creasing ...
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ArticleGovernment consults on early exit charges and pension commission regulations
The Department for Work and Pensions (DWP) has launched a consultation on draft regulations regarding the cap on early exit charges for occupational pension schemes and restrictions on member-borne commission payments.The consultation, which will run until 31 May 2017, seeks views on the draft Occupational Pension Schemes (Charges and Governance) ...
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ArticleLand Securities and the Goodall Foundation gain living wage accreditation
Commercial real estate organisation Land Securities and education charity The Robin and Sylvia Goodall Charitable Foundation have been accredited as living wage employers by the Living Wage Foundation.The accreditation will see both businesses commit to paying permanent employees and third-party contractors at least the voluntary living wage rate of £8.45 ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 30 March and 5 April 2017 were: Government legislates for changes to salary sacrifice arrangementsThe tax and legislation changes impacting reward from April 2017Merlin Entertainments advertises for Lego model designer41% want to receive childcare vouchers through salary sacrificeUnum launches online financial ...
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ArticleLuxurious office to deliver champagne and sushi to staff desks
Something for the weekend: An office’s location and its amenities often form part of the decision-making process when an individual is considering a new job, but how far would desk-delivered luxury beverages rank up an employee's list of office enticements? Enstar Capital is pulling out all the stops for its ...
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ArticleBNP Paribas and Sage shortlisted for most engaging benefits proposition
BNP Paribas and Sage are among the organisations shortlisted in the most engaging benefits proposition category at the Employee Benefits Awards 2017.The award, sponsored by Personal Group, recognises an employer that has used benefits within its wider strategy to engage employees with the organisation.The full category shortlist is:BNP Paribas, Spectrum: ...
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ArticleSalesforce conducts $3m salary adjustment following equal pay assessment
Global cloud-based technology organisation Salesforce has spent approximately $3 million (£2.4 million) on salary adjustments to address unexplained differences in pay.The organisation adjusted the salaries of 11% of its employees, effective from 1 April 2017.The pay amendments follow the organisation’s second equal pay audit, which assessed staff salaries and bonuses ...
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ArticleFTSE 350 defined benefit pension deficit falls to £133bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 organisations fell from £137 billion at the end of February 2017 to £133 billion on 31 March 2017, according to research by Mercer.Its Pensions risk survey, which is based on projections and analysis of FTSE 350 ...
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Supplier article
Make sure income protection claimants aren’t forgotten
When dealing with a long-term absence, it is vital employers treat the employee as a person and not a statistic. Although absences lasting six months or more are less likely to occur, they do happen. Employers should be prepared to support these people who are living with serious illness or ...
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ArticleEmployee Benefits shortlisted for Pensions/Benefits Publication of the Year 2017
Employee Benefits has been shortlisted in the Pensions/Benefits Publication of the Year category at the Willis Towers Watson Media Awards 2017.The winner of this category is decided by public vote among readers in the HR and benefits industry. We would be delighted to receive your vote to help us retain ...
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Article
6-9: Benefits offered
Share schemesJust under a third (29%) of respondents offer share schemes or share options to their employees, and a further 17% offer shares or share options to staff at senior or executive level only, according to the Employee Benefits/Staffcare Benefits research 2017.This leaves more than half (54%) of respondents’ organisations ...
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Supplier article
How to balance bottom-up with top-down research in constructing multi-asset credit portfolios
In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios.Watch the video in fullThe value of investments and the income from them is not guaranteed and may go down as ...
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Supplier article
The benefits of health screening
By Neil Bowen, Business Development Director, You At WorkThis time last year I went for my first ever health screening. I was 43 and painfully aware that, although I had lost a lot of weight, started exercising a year to two before and ate fairly well, I hadn’t always treated ...
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ArticleRoyal London gains living wage accreditation
Pensions and investment organisation Royal London has been accredited as a living wage employer by the Living Wage Foundation, committing to pay its 3,253 UK-based employees the voluntary living wage.Effective from 1 April 2017, both permanent employees and third-party contractors at Royal London receive the voluntary living wage rate of ...