All Employee Benefits articles in Web Issue – Page 1097
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OpinionDuncan Brown: Reward strategies must bring value to both employers and employees
‘We don’t have a reward strategy anymore’, a well-respected benefits director told me about this time last year. ‘We wait to hear what the Chancellor says in the Budget’. Certainly in this current highly uncertain, volatile, pre-Brexit period, with record low levels of unemployment and widespread skill shortages, and increasing ...
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Case StudiesAshford Borough Council reforms benefits strategy to meet future business challenges
When Ashford Borough Council took the decision to overhaul its benefits strategy in 2011, one of its key motivations was to create a system that would help it attract and retain talent at a time when the public sector was not seen as an attractive destination.Susanna Aiano, personnel projects and ...
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AnalysisHow can employers' ensure their benefits strategies are future proofed?
Need to know:Future-proofing a benefits strategy needs to take into account an organisation's wider business goals, macro-economic trends and legislation.Benefits technology needs to be factored into any strategy, including the potential for artificial intelligence.Any strategy needs to be adaptable and able to react to changing needs and circumstances.It is a ...
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ArticleLearn how a healthy workforce impacts business at Employee Benefits Connect 2018
EXCLUSIVE: Delegates at Employee Benefits Connects 2018 will be able to learn how to quantify the business case for an employee health and wellbeing strategy, as well as gain insight into how a healthy workforce can impact organisational goals and success.Greg Levine (pictured), director, sales and distribution at Vitality Health ...
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Supplier article
The importance of health and wellbeing to the modern employer
Our 2017 UK Health Survey looked at the importance of Health & Wellbeing to the modern employer. Conducted by over 200 UK firms, the feedback provided on current strategy and trends make for some fascinating reading and insightful analysis. Key themes here being escalating healthcare costs, a continued shift away ...
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ArticleOmni-Serv bus drivers at Gatwick Airport accept two-year pay deal
Airside bus drivers at Gatwick Airport, who are employed by Omni-Serv and are members of the trade union Unite, have voted to accept a two-year pay deal.Approximately 80 employees will benefit from the deal which includes a total pay increase of 5% for affected employees, as well as a £600 ...
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ArticleChipotle awards bonuses and extends paid parental leave for 71,000 US staff
Mexican food retailer Chipotle has improved its employee benefits offering to award 71,000 US-based employees cash and stock bonuses, as well as enhancing its paid parental leave policy.The changes, which the organisation is rolling out to employees, have been designed to help support and advance employees' professional and personal lives.Its ...
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ArticleTop 10 most read stories: 8-14 February 2018
The 10 most read stories on www.employeebenefits.co.uk between 8 and 14 February 2018 were: EXCLUSIVE: SSE launches online financial education programmePinsent Masons reports a 22.4% mean gender pay gap33% believe employers should pay employees for keeping healthyLinklaters reports a 23.2% mean gender pay gapStotts Tours Oldham fined £60,000 for failing ...
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ArticleBahamas hotel resort seeks chief flamingo officer
Something for the weekend: Not many job descriptions hit the holiday hallmarks of sun, sea and sand, however wildlife-loving job-hunters could strike it lucky thanks to Baha Mar, a new hotel resort in the Bahamas, which is advertising for a chief flamingo officer to join its team.The chief flamingo officer, ...
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ArticleConfessions of a benefits manager: Candid attends benefits training
Big Bad Boss has decided I should go to a benefits training seminar. Sounds like it won’t be much of a jolly or he would be going himself. Smarmy Consulting, our pension advisor, run all sorts of events from splendid banquets to low-budget breakfast meetings. It is typical that I ...
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ArticleLawn Tennis Association reports a 31% mean gender pay gap
Tennis’ national governing body the Lawn Tennis Association (LTA) has reported a 31% mean gender pay gap for fixed hourly pay.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 April ...
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ArticleThe Pensions Regulator fines schemes non-compliant with basic auto-enrolment duties
The Pensions Regulator (TPR) has published the names of workplace pension schemes whose trustees have been fined for not providing legally required documentation.Fines were issued to pension trustees for failure to submit scheme returns after receiving a warning from TPR, and for failure to prepare a chair’s statement or for ...
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ArticleAllianz Worldwide Partners UK holds wellbeing week for 500 staff
Insurance and technology organisation Allianz Worldwide Partners UK has hosted a wellbeing week for its 500 employees.The Work Well Week, which ran from 5 February 2018, was designed to promote both mental and physical wellbeing, advocating an all-round healthy lifestyle for employees in and out of the workplace.Activities during the ...
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OpinionHelen Undy: How can employers help employees improve their financial resilience?
While employees might try their best to leave their problems at the door when coming to work, we all know it is not realistic. Employees are human beings; when under financial pressure, behind on bills or being contacted by creditors, they underperform at work and their mental health can be ...
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AnalysisHow can employers construct a non-invasive approach to support employees’ financial priorities?
Need to know:Employers should consider personalising the delivery and content of financial education to enable employees to take control of their own learning either at home or in the workplace.Technology, such as platforms that provide individuals with a full financial overview or financial education via WhatsApp, can empower employees to ...
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Case StudiesGVA uses online financial education as basis for financial wellbeing strategy
Commercial property organisation GVA began to create a non-invasive financial wellbeing strategy with the launch of an online financial education programme for its 1,500 UK employees based across its 11 national operating sites.It implemented its financial education programme, provided by Nudge, in November 2017 following the launch of its physical ...
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ArticleDebbie Lovewell-Tuck: Maximising the effectiveness of financial wellbeing
As our Financial Wellbeing Week, in association with Wealth at Work, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.Over the past few years, we have seen employers’ approaches to supporting their employees almost go ...
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Supplier article
Briefing: The Closure of Childcare Vouchers via Salary Sacrifice
Employers who currently offer their employees a salary sacrifice childcare voucher scheme will, from April 2018, no longer be able to accept any new entrants to these schemes.Download the childcare vouchers briefing here
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ArticleSea Containers completes £187m pensions buy-out
Marine container asset leasing organisation Sea Containers has completed a £187 million bulk annuity buy-out transaction to insure the defined benefit (DB) pension liabilities for 750 pension scheme members.The transaction, which was completed with Aviva, insures the DB pension liabilities of the Sea Containers 1983 Pension Scheme in order to ...
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ArticleEXCLUSIVE: Hear the future of financial wellbeing at Employee Benefits Connect 2018
EXCLUSIVE: Delegates at Employee Benefits Connect 2018 will be able to gain an insight into the future of financial wellbeing strategies.Monica Kalia (pictured), co-founder and director at Neyber, will present a session titled ‘The employer view on what the future of financial wellbeing looks like’ as part of the wellbeing ...