All Employee Benefits articles in Web Issue – Page 1036
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ArticleFTSE 350 defined benefit pension deficit falls to £131bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 organisations fell from £134 billion at the end of May 2017 to £131 billion at 30 June 2017, according to research by Mercer.Its Pensions risk survey, which is based on projections and analysis of FTSE 350 ...
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Article54% are not offered health benefits by their employer
More than half (54%) of employee respondents are not offered health benefits, such as counselling, health screening, and subsidised gym membership, by their organisation, according to research by PricewaterhouseCoopers (PWC).Its survey of 2,000 full and part-time employees in the UK also found that 23% of respondents think their organisation does ...
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ArticleDulas and Imperial College London named 2017's Top Employers for Working Families
Engineering organisation Dulas, Grant Thornton UK, Imperial College London, Lloyds Banking Group, and West Dunbartonshire Council are among the winning organisations at the 2017 Top Employers for Working Families Special Awards.The annual awards celebrate UK organisations that embed flexibility for all employees into their policies, tackle gendered and traditional ideas ...
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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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ArticleCharlton Morris launches new physical and financial wellbeing benefits
Recruitment organisation Charlton Morris has launched new wellbeing benefits for its 38 Leeds-based employees, including free monthly massages and a free financial advice consultation.The new benefits, which were launched in June 2017, have been introduced to help widen the organisation’s wellbeing package and support the physical and financial health of ...
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ArticleIndustry experts to showcase latest innovations at Employee Benefits Live 2017
HR, compensation and benefits professionals attending Employee Benefits Live 2017 will have the opportunity to learn about the latest industry innovations and network with leading suppliers in the busy exhibition hall. Employee Benefits Live 2017, in association with Conduent HR Services, will take place on Tuesday 10 ...
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Article96% are confident they are fully compliant with their auto-enrolment duties
More than nine in 10 (96%) employer respondents are confident they are fully compliant with their ongoing auto-enrolment duties, according to research by The Pensions Regulator (TPR).Its Ongoing duties survey: July 2017 report, which surveyed 290 micro employers with 1-4 members of staff, 305 small employers with 5-49 employees, and ...
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OpinionRuth Buchanan: The new General Data Protection Regulation is just around the corner
With under a year to go before the General Data Protection Regulation (GDPR) takes direct effect on 25 May 2018 in European Union (EU) member states, including the UK, employers should be preparing for its implementation.GDPR introduces a much tougher regime than the existing data protection legislation, with potential fines ...
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ArticleAon to acquire Portus Consulting
Risk, retirement, and health services organisation Aon is to acquire UK-based employee benefits business Portus Consulting.The acquisition aims to support Aon's growth strategy for its UK employee benefits business. Portus Consulting will join Aon Employee Benefits, which provides benefits technology, consulting, and brokering services.The terms of the acquisition have been ...
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Case StudiesShell embraces eldercare with flexible working and consultancy service
At Shell, a flexible workplace is already a reality. Eleanor Silverio, the oil giant’s UK benefits policy lead, says: “I don’t sense any kind of stigma for those choosing eldercare initiatives. People in our [organisation] are used to balancing challenging home and work demands, supported by the flexible workplace environment ...
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OpinionSally Hulston: Support for working carers will ensure employers retain the best talent
An ageing population and the fact that we are all working for longer means that more people are likely to become working carers than ever before. This includes a growing sandwich generation tasked with juggling the care of both children and elderly relatives.Increasingly, employers are offering varying degrees of specialised ...
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AnalysisHow can employers do more to support eldercare in the workplace?
Need to know:Employers are increasingly finding ways to support workers who are juggling jobs, children, and looking after elderly parents.A new era of flexible working is making life easier for carers. For employers that want to do more, concierge-style support programmes are an avenue to explore.The government has mooted a ...
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ArticleNeal moves up at Mazda
Car organisation Mazda Motors UK has promoted Liesa Neal to human resources director.In her new position, Neal will be responsible for employee development and training, recruitment, and coaching in the UK and Ireland.Neal has worked at Mazda since 2005. While at the organisation, she has been involved in overseeing performance ...
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ArticleWaltham Forest Council gains living wage accreditation
Waltham Forest Council has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying all of its permanent employees and agency staff at least the voluntary London living wage rate of £9.75 an hour.Waltham Forest Council has also committed to working with its ...
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ArticleSchool teachers in England and Wales to receive up to 2% pay rise
School teachers across England and Wales are to receive a pay rise of up to 2% from September 2017.The School Teachers’ Review Body (STRB), which examines and reports to the government on matters relating to the statutory employment conditions of school teachers, has recommended a 2% pay increase to the ...
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ArticleUK Power Networks launches wellbeing programme supported by Olympic athletes
Electricity distribution organisation UK Power Networks has introduced a wellbeing programme for its 5,700 staff, which features Olympic athletes talking to employees about their physical and mental resilience.Its Your Energy programme, which launched in June 2017 and will run for 18 months, has been designed to help staff enhance their ...
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ArticleTaylor Review proposes dependent contractor status
A report into modern working practices has recommended the introduction of a dependent contractor employment status.The Good work: The Taylor review of modern working practices report, published on Tuesday 11 July 2017, was commissioned by prime minister Theresa May in October 2016 to review current working practices and models to ...
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Article36% believe they would get no support from their employer if diagnosed with cancer
More than a third (36%) of respondents believe they would receive no form of support from their employer if they were diagnosed with cancer, according to research by Canada Life Group Insurance.Its survey of 1,010 full-time and part-time UK employees also found that 41% of respondents would be uncomfortable talking ...
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Article87% value access to legal advice through their employee benefits package
More than three quarters (87%) of respondents value access to legal advice as an employee benefit, according to research by legal services organisation Epoq.Its survey of 2,002 UK adults also found that 95% of respondents cite pensions as a valued employee benefit.The research also found:91% of respondents value flexible working, ...
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Article
Poll: What will the proposed dependent contractor employment status achieve?
Read more in: Taylor Review proposes dependent contractor status.