All Employee Benefits articles in Web Issue – Page 1037
-
ArticleSupreme Court rules in favour of same-sex spousal pension in discrimination case
The Supreme Court has ruled that an employee’s spousal pension benefit can be paid to his same-sex partner.The case, Walker v Innospec Limited, relates to retiree John Walker, who worked for global chemical organisation Innospec between 1980 and 2003. Walker, who paid into the organisation’s occupational pension scheme during his ...
-
AnalysisHow can a health and wellbeing strategy incorporate private medical insurance effectively?
Need to know:Private medical insurance (PMI) should not be looked at as an isolated product, but should form part of an integrated healthcare strategy, offered in alignment with benefits such as occupational health and employee assistance programmes (EAPs).The communication of PMI as part of a health and wellbeing strategy should ...
-
Case StudiesBombardier Transportation UK uses private medical insurance claims data to inform integrated healthcare strategy
Train manufacturing organisation Bombardier Transportation UK used monthly private medical insurance (PMI) claims data to design an integrated healthcare strategy to respond to the health and wellbeing needs of its 2,600 UK-based staff.Its integrated healthcare approach, which is delivered by Bupa, was implemented in 2011 after PMI claim statistics revealed ...
-
OpinionStuart Scullion: Insurance premium tax increases penalise employers acting to safeguard employee health
The apparently simple question 'what insurance premium tax rates apply in other European countries?' is actually far from straightforward. What other countries do is complex, which means comparing the recent insurance premium tax (IPT) increases in the UK to the rest of Europe is also complex.Rates of IPT on medical ...
-
ArticleKenyan state officers to receive 12.5% pay cut
State officers in Kenya's National Assembly, Senate, and the Executive of the National government will receive a 12.5% pay cut in order to reduce the public sector wage bill.The Salary and Remuneration Commission (SRC), which sets and reviews salary and benefits for state officers in Kenya, has recommended a new ...
-
ArticleTotal pay falls by 0.7% in real terms
Total pay for employees in Great Britain, including bonuses, fell by 0.7% in real terms between March-May 2016 and March-May 2017, according to research by the Office for National Statistics (ONS).Its UK labour market: July 2017 report, also found that regular pay, excluding bonus payments, fell by 0.5% in real ...
-
ArticlePoll: 23% cite staff demand as reason to offer driverless vehicles as company cars
Employee Benefits poll: Less than a quarter (23%) of employer respondents cite employee demand as a factor that would influence their decision to include driverless vehicles in company car schemes.A poll of www.employeebenefits.co.uk readers, which received 31 responses, also found that 26% of respondents view duty of care and safety ...
-
ArticleHS2 and PageGroup recognised for equality and inclusion
Railway organisation HS2 and recruitment business PageGroup (pictured) were among the organisations recognised for inclusive and equal workplace practices at the Employers Network for Equality and Inclusion (ENEI) Awards 2017.The awards ceremony, which was held at The Law Society in London on 11 July 2017, celebrates organisations with a commitment ...
-
Article53% of pension pots accessed under the pension freedoms have been fully withdrawn
More than half (53%) of pension pots that have been accessed through the pension freedoms since their introduction in April 2015 have been fully withdrawn, according to research by the Financial Conduct Authority (FCA).Its Retirement outcomes review: interim report, which is based on consumer research, retirement income data, sales data, ...
-
ArticleTop 10 most read stories this week 6-12 July
The top 10 most read stories on www.employeebenefits.co.uk between 6 and 12 July 2017 were: Aon to acquire Portus ConsultingSoftware organisation builds £3.5m office with three-storey slideRangers Football Club loses appeal in employee benefits trust tax caseTaylor Review proposes dependent contractor statusDulas and Imperial College London named 2017's Top Employers ...
-
Supplier article
Webinar – How to build an effective employee recognition strategy
Many organisations adopt employee recognition schemes in an effort to attract, motivate and retain talent. Yet there is a gap between what many programmes set out to achieve and what they deliver. The reason? Often it can be traced to a lack of strategy.On Thursday 20 July 2017 at 1–2pm ...
-
Supplier article
Wealth at Work sponsors scholarship programme
Kate Wills, a student at the University of Lincoln has recently completed a three year sponsored scholarship programme at WEALTH at work. This programme was put together as a result of both the University’s and WEALTH at work’s shared interest and commitment to the development of educational needs.Over the course ...
-
ArticleAustralian Federal Police uses computer pop-up to influence pay negotiations
Something for the weekend: Negotiating a new pay deal agreement with employees can involve the input of a trade union, as well as numerous communications between all of the involved parties to iron out the finer details. The Australian Federal Police (AFP), however, took a different stance when it introduced ...
-
OpinionLovewell's logic: Building the foundation for a truly modern work environment
Changing workforce demographics and employers’ interest in adapting benefits strategies and working patterns accordingly to meet employees’ expectations and needs in the modern workplace is a topic we often address at Employee Benefits. Yet, despite many organisations’ aims to be seen as an employer of choice in order to recruit ...
-
ArticleSupreme Court refers part-time pensions entitlement case to EU court
The Supreme Court has referred to the Court of Justice of the European Union (CJEU) to clarify the amount a retired part-time judge can receive in pension income.The case, O’Brien v Ministry of Justice, relates to retiree O’Brien, who in addition to his work as a barrister also worked on ...
-
ArticleMoney purchase annual allowance reduction legislation to apply retrospectively
The reduction to the money purchase annual allowance (MPAA) and the introduction of the £500 tax-exempt employer-arranged pensions advice allowance are to apply retrospectively from April 2017.These measures were due to be legislated for in the Finance Bill 2017. However, following the announcement of the snap general election on 8 ...
-
Article21% will exercise GDPR rights to have data removed from past and present employers
More than one-fifth (21%) of respondents plan to exercise their rights under the General Data Protection Regulation (GDPR) to have their data removed from current and previous employers, according to research by analytics organisation SAS.Its survey of 2,000 UK consumers also found that 22% of respondents will request to access ...
-
ArticleRoyal Mail offers defined benefit and defined contribution pension deal
Royal Mail has proposed a new pensions deal comprising defined benefit (DB) and defined contribution (DC) options for members following the planned closure of its current defined benefit (DB) pension scheme to future accrual in 2018.Under the proposals, affected employees would be offered a choice between a DB cash balance ...
-
ArticleCigna acquires Zurich Insurance Middle East
Global health services organisation Cigna has acquired insurance business Zurich Insurance Middle East.The acquisition, which was completed in June 2017, will enable Cigna to expand its operations across the United Arab Emirates, Lebanon, Kuwait, and Oman.The acquisition aims to support and enhance Cigna's current operations in the Middle East, including ...