All Employee Benefits articles in Web Issue – Page 1020
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ArticleJohn Lewis Partnership puts aside £36m for minimum wage compliance
Retail organisation John Lewis Partnership has set aside £36 million for the year ended 28 January 2017 to cover costs and payments that may be incurred through a breach of compliance with national minimum wage regulations.The employee-owned organisation, which employs 86,700 staff across the John Lewis and Waitrose brands, will ...
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Article42% view mental health as a key employee wellbeing challenge
Around two-fifths (42%) of employer respondents cite mental health as a key workplace health and wellbeing challenge over the next five years, according to research by Barnett Waddingham.Its UK workplace wellbeing index, which surveyed 145 organisations with more than 250 employees, also found that 53% of respondents currently have an ...
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ArticleMicrosoft New Zealand enhances family leave benefits
Technology organisation Microsoft New Zealand has enhanced its family leave benefits, including the launch of a new fully-paid family time-away policy and the extension of its parental leave policies.The new time-away policy will entitle all employees to four weeks’ fully-paid leave a year to provide staff with time off work ...
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ArticleDebbie Lovewell-Tuck: Shaping benefits strategies against a backdrop of change
The world has changed immeasurably in the 12 months since we published the Benefits research 2016.As the UK moves further towards its exit from the European Union and, at the time of writing, towards a snap general election, much uncertainty exists as to the potential impact of such events on ...
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ArticleWhat does the legislative delay to the money purchase annual allowance mean for employers?
The Finance Bill received Royal Assent on 27 April, becoming the Finance Act 2017. However, the final act omitted a number of clauses in a bid to expedite its passage through Parliament ahead of the snap general election on 8 June.In the final reading of the Finance Bill in the ...
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Supplier article
Workplace savings not just about pensions
By Jonathan Watts-Lay, director, WEALTH at work, a leading provider of financial education, guidance and advice in the workplaceThe new Lifetime ISA (LISA) has been launched this month for individuals under the age of 40, to be used for buying a first home or for retirement. The LISA has had ...
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Supplier article
The value of a concierge service as part of a benefits package
Jacqueline Benjamin, XexecAs more and more organisations look to offer benefits that make a tangible difference to their employees’ quality of life, offering concierge services as a voluntary benefit has gone from being 'nice to have' to forming a key part of any comprehensive benefits package. As with any benefits, ...
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AnalysisTotal reward for the modern workforce
Need to know:Total reward strategies must develop in line with the profile of the modern workforce, including part-time and flexible-working employees, as well as a greater generational diversity.Employers should offer benefits around career and personal development, wellbeing, and recognition to attract and motivate a wide range of employees.Employers need to ...
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Supplier article
Video: How to use the power of your people to double your company returns
Are you using the power of your people to 2x your company? Reward Gateway CEO and founder Glenn Elliott talks about how your employees are your most important asset and how we’ve grown into the leading provider of employee engagement, especially through putting our people first.You can watch the intro ...
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OpinionAdam Kingl: Rethinking reward for generation Y
One thing is for certain: employees are a lot less loyal than they used to be. Generation Y in particular, our youngest employees in their twenties and early thirties, seem to jump from employer to employer with an almost frightening rapidity. Make no mistake either, this is not just a ...
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Case StudiesPenguin Random House keeps its total reward offering up to date and informative
Penguin Random House keeps employees informed about their total reward package through its benefits portal.The portal offers the 2100 employees at the publishing organisation access to their individual total reward statements (TRS), as well as to its flexible benefits and employee discounts schemes.The TRS show the total value of an ...
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Supplier article
Aon Employee Benefits
Getting real value from your employee benefits – whether healthcare, online benefits or pensions – takes a little strategy and a lot of expertise.Let’s get back to basics. Why do you offer employee benefits? Yes, it’s about valuing and rewarding your people, but it’s also about productivity, HR, and risk ...
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ArticleEmployee Benefits/Staffcare Benefits research 2017
Click to download the Employee Benefits/Staffcare Benefits research 2017The Employee Benefits/Staffcare Benefits research 2017 was conducted in February-March 2017 among readers of employeebenefits.co.uk. It received 271 responses.This report is aimed at helping compensation, reward and benefits professionals understand the key issues driving current benefits strategies, as well as issues shaping ...
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ArticleThe top 10 most read stories: March-April 2017
The top 10 most-read stories on www.employeebenefits.co.uk between 7 March and 24 April 2017 were: NHS staff to receive 1% pay riseThe NHS Pay Review Body recommended that NHS staff across England, Wales, Northern Ireland and Scotland receive a 1% pay rise, effective from 1 April 2017.2. Tax-free childcare to ...
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ArticleHays and Plusnet shortlisted for best benefits communication
Danwood Group, Hays, and Plusnet are among the organisations shortlisted in the best benefits communications, small employer category at the Employee Benefits Awards 2017.This award recognises the most effective benefits communication strategies implemented by employers with fewer than 5,000 staff.The full category shortlist is:Danwood Group, Danwood Holiday Buy Scheme 2017Hays, ...
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Supplier article
Tips to stay mentally healthy at work
More than 15.8 million working days were lost in 2016 due to mental illness1 and it is becoming more common for people to suffer with illnesses such as stress, depression and anxiety.There can be many causes of mental illness including traumatic events and increasing stress levels from issues such as ...
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Supplier article
Six mistakes for employers to avoid when implementing reward and recognition
Jacqueline Benjamin, XexecReward and recognition schemes are meant to celebrate the efforts and achievements of their staff and make their employees feel valued, but if they’re not implemented correctly, they can end up doing more damage than good. So what are the pitfalls to avoid?Don’t base rewards on performance alone ...
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Supplier article
The art of the professional headshot
by Chris Parkes, Photographer It isn’t an exaggeration to say that smartphones have revolutionised how we present ourselves to the world. What would previously be considered narcissistic is an everyday act for an entire generation, sharing their experiences by pointing these powerful and compact cameras (and accompanying apps) at themselves ...
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ArticleGlobal healthcare benefits costs expected to rise by 7.8%
Global healthcare benefits costs are expected to rise by 7.8% in 2017, according to research by Willis Towers Watson.Its 2017 Global medical trends survey, which surveyed 213 health insurance providers across 79 countries, also found that UK health insurance costs are forecast to rise by 5% in 2017. This follows ...
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Article36% expect to work past the age of 65 due to insufficient pension savings
More than a third (36%) of respondents expect to work past the age of 65 because their pension savings will not be sufficient to allow them to afford to retire, according to research by Canada Life Group Insurance.Its survey of 1,004 UK employees in full or part-time employment, also found ...