All Employee Benefits articles in Web Issue – Page 220
-
Article
Employers set to take part in personal accounts trial
Key employers are being lined up to pilot personal accounts ahead of their introduction in 2012, according to industry experts.An insider said large employers that are likely to implement personal accounts once auto-enrolment and compulsory employer contributions begin in 2012 are being hand-picked to take part in a trial.Retail has ...
-
Article
NI rules for share schemes revised
HM Revenue and Customs (HMRC) has made changes to its approval procedures on national insurance contribution (NIC) joint elections for employee share plans.Under the Child Support, Pensions and Social Security Act 2000, an employee can opt to meet their employer's secondary Class 1 NIC liability arising on share option gains, ...
-
Analysis
Employers should maximise employee assistance programmes in downturn
The economic crisis is highlighting the importance of employee assistance programmes, and Christmas is a key time for employers to offer their workforce access to support, says Tom WashingtonWaking up to anything but bad news about the economy seems like a distant memory now, and the cloud of depression hovering ...
-
Article
Enterprise Rent-A-Car launches pensions communication drive
Enterprise Rent-A-Car is launching a communications campaign to boost take-up of its stakeholder pension scheme and increase the contribution levels made by members.Personal letters and flyers tailored for three specific groups of employees, new starters, staff who have just been promoted, and those who have signed up to the pension ...
-
Analysis
How multinational pooling of insured risk benefits can deliver savings
Multinational pooling of insured risk benefits can bring savings for employers, but due diligence is essential to make sure all insurers in the network are financially stable, says Amanda WilkinsonMultinational pooling, the mechanism whereby employers are effectively offered a profit share in their expenditure on insured risk benefits across multiple ...
-
Article
Interview with Bruce Sayers, head of reward and recognition at DHL Express
Bruce Sayers, head of reward and recognition at DHL†Express, believes strongly in using data to manage reward, particularly in a difficult economic climateNot many benefits professionals can say they developed their expertise in reward while representing employees as a senior trade union rep. But that is how Bruce Sayers, head ...
-
Case Studies
Employer profile: Sony Pictures Entertainment
Sony Pictures Entertainment looks to perks to boost employee engagement with the business and its culture, says Debbie LovewellMaking movies is a big, but risky business. A blockbuster can be highly profitable for the production company and distributor, but if a film bombs at the box office and fails to ...
-
Article
Confessions of Benefits Manager: Cracking the codes
An instruction to take on responsibility for inputting job codes seems far too menial a task for the likes of Candid, but a foray into the company IT system throws up some interesting possibilitiesLooking back, there was a time when I considered working in IT. Now it seems unthinkable, especially ...
-
Article
New role for Paul Farley
Lloyds TSB’s reward and employment policy director, Paul Farley, has taken on the role of human resources integration director to help oversee the bank’s merger with HBOS. At the same time, Tim Fevyer, head of pay, policy and employee benefits, was made acting reward and employment policy director.
-
Article
Simons joins EC Harris
EC Harris has appointed Tobias Simons as head of international HR and reward. He was previously based in Milan working for Italian oil company Eni, where he was responsible for global mobility and international HR.
-
Article
Cattles boosts take-up of sharesave with new plan
Financial services group Cattles has launched a new sharesave plan so employees can take advantage of any future rises in the company's share price.The company has achieved a take-up rate of 40% among the 3,500 eligible employees, which is the highest since launching its 1999 plan.Tracey Quiggin, HR reward manager, ...
-
Analysis
Employee Benefits Voluntary Benefits and Salary Sacrifice Supplement 2008
Maximising return on investment with voluntary benefitsWhat to consider when selecting a voluntary benefits providerAligning voluntary benefits with a corporate social responsibility strategyThe benefits of salary sacrifice around pension contributionsSponsor’s comment by LogBuy: Voluntary perks step out of the shadow of flexible benefits schemesSponsored byGet clued up on voluntary benefits. ...
-
Article
Compass Group launches staff recognition programme
Compass Group UK & Ireland is launching an employee recognition programme through which staff can nominate a colleague or themselves for an award for meeting key values.The Be a Compass Star initiative, which rewards staff for demonstrating integrity, teamwork, passion, responsibility and a can-do attitude, follows a 13% rise in ...
-
Article
Preston College launches bus pass through salary sacrifice
Preston College is set to launch an annual bus pass through salary sacrifice for its 1,000 employees.The college is in talks with two companies, Stagecoach and Preston Bus, and hopes to offer the benefit early next year.Under the scheme, employees will be able to sacrifice salary in exchange for an ...
-
Article
NI rise set to boost employer interest in salary sacrifice
The 0.5% increase in employer and employee national insurance contributions, announced in the Pre-Budget Report, could boost employer interest in salary sacrifice arrangements.Graham Farquhar, head of global employment at Ernst and Young, said: "This rise in NI will make [salary sacrifice] more attractive to employers, particularly [with regard to] pension ...
-
Article
Kent County Council to pilot online total reward statements
Kent County Council hopes to introduce interactive total reward statements to improve employee engagement.The statements, a first for the local authority, will be made available to staff online and will enable them to see the total value of their salary and benefits package, including pension and the amount they save ...
-
Article
Monmouthshire County Council launches discounts for staff
Monmouthshire County Council has introduced voluntary benefits for the first time for its 4,600 employees to help improve motivation and recruitment.The programme offers staff a wide range of savings at more than 1,500 local and national retailers, including John Lewis, Argos, Asda and Arcadia. Employees can also earn cashback when ...
-
Article
HML targets instant reward scheme at younger staff
HML is launching a motivation scheme that enables managers to reward employees with a sum equivalent to cash that can be spent online at selected retailers and leisure providers.The scheme is designed to engage younger staff at the company, which services third-party mortgages.The instant reward is credited to an online ...
-
Article
IPC launches group income protection benefit for staff
IPC Media has launched a voluntary salary sacrifice group income protection benefit. Staff are being invited to sign up for the perk which comes into effect in January.All staff with more than one year's service are eligible for the perk, which attracts savings on tax and national insurance contributions (NIC) ...
-
Article
Zurich personalises flexible benefits communications
Zurich Financial Services has introduced personalised benefits booklets containing total reward statements to help communicate its flexible benefits scheme.It has also launched two new flex options to boost interest in the scheme: a retail discount card and a tax-efficient bus pass that employees can purchase through salary sacrifice.The organisation has ...