All Employee Benefits articles in Web Issue – Page 250
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Employers banned from using tips as wages
Employers in the hospitality industry will be banned from using tips to bring employees' pay up to the national minimum wage from 1 October.Following a government consultation, all service charges, tips, gratuities and cover charges will be excluded from payment towards the minimum wage when the new law comes into ...
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Personal Accounts Delivery Authority launches consultation on investment
The Personal Accounts Delivery Authority (Pada) has launched a discussion paper on investment for personal accounts which will be introduced in 2012.The responses to the discussion paper will inform Pada's recommendations to the trustee corporation regarding the design of the personal accounts scheme. The scheme will be run by a ...
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Councils re-sign contracts for HR and payroll systems
East Dorset District Council, Huntingdinshire District Council and Gosport Borough Council have re-signed their contracts with NorthgateArinso to continue using its fully-integrated HR and payroll system.All three councils have used the Resourcelink service for the last five years.Phillip Reynolds, head of pay and administration at Gosport Borough Council, said: "This ...
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Staff given office helter skelter
Employees based at Sheffield's Electric Works office building have been given a fun way of travelling between floors in the form of Britain's first office helter skelter.The 85-foot long novelty slide is able to transport staff from the third floor to the building's reception in seven seconds.Toby Hyam, managing director ...
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Agency workers could get same pay as permanent staff
Agency workers could receive the same pay and conditions as permanent staff under new proposals outlined in a government consultation on the implementation of the Agency Workers Directive.The rights would take effect once agency workers have spent 12 weeks in a post, as part of the government's implementation of the ...
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Love2reward launches off-the-shelf voluntary benefits package
Love2reward has launched an off-the-shelf voluntary benefits package, Everyday Benefits. The range of discounted benefits is designed for small and medium-sized businesses.Martin Cooper, sales and marketing manager for Love2reward, said: “From our research we have established that companies with up to 350 staff want to provide voluntary benefit schemes for ...
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Kellogg's Friday afternoons off control sickness absence
Kellogg’s employees will again have the chance to take Friday afternoons off this summer, to boost morale and prevent bogus sickness absence.The 660-strong workforce in its Manchester head office will be able to finish at noon on Fridays between May and September, as long as they complete 36.6 hours a ...
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Medical inflation at 4% as insurance claims increase
The cost of providing health benefits to employees rose by 4% in 2008, according to a report from Mercer.Its annual Medical inflation report also shows that the number of claims has risen by 3% over the same period. The annual claims spend for the survey data was £144 million.Mercer analysed ...
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Personal accounts will fail, research shows
Personal accounts are likely to be a failure when they are introduced in 2012, according to a survey on the provision of employer sponsored defined contribution (DC) pensions conducted by Punter Southall Financial ManagementThe survey also revealed that around 80% of employers intend to keep their existing pension scheme in ...
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Measuring and communicating flexible benefits
This article is supplied by Benefex, sponsors of the www.employeebenefits.co.uk flexible benefits channelHow can we offer benefits better suited to our target population?According to the Employee Benefits Flex Research 2008, four out of five employers believe the main advantage of Flex is that it recognises the diverse needs and values ...
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Ensuring flexible benefits align with organisational values and objectives
This article is supplied by Benefex, sponsors of the www.employeebenefits.co.uk flexible benefits channelHow do we ensure our Flex scheme aligns with our organisational values and objectives?What are the current issues affecting benefit tax and legislation?Benefits that are operated under salary sacrifice arrangements that save both tax and/or National Insurance are ...
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Current issues affecting benefit tax and legislation
What are the current issues affecting benefit tax and legislation?This article is supplied by Benefex, sponsors of the www.employeebenefits.co.uk flexible benefits channelBenefits that are operated under salary sacrifice arrangements that save both tax and/or National Insurance are often subject to changes in their rules and regulations. Changes often have an ...
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Equiniti acquires ICS Computing
Equiniti has acquired Belfast-based software and services provider ICS Computing as part of efforts to expand the software and services it provides.The deal will allow Equiniti to broaden its offering into HR and payroll, accounting and distribution services, as well public sector software.William Dye, chief executive officer at Equiniti, said: ...
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National minimum wage to rise in October
The Low Pay Commission (LPC) has announced that the national minimum wage will rise on 1 October 2009.The full rate for those aged 22 and over will increase 7p to £5.80 an hour. Meanwhile, the rate for 18-21 year olds will rise 6p to £4.83, and for 16 and 17 ...
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Herbert Smith cuts lunch
City Law firm Herbert Smith has announced that lunch-related benefits will be cut in a bid to reduce costs.The office cafe will be closed, partners’ lunch rooms shut every day except for Friday, and food will no longer be provided at internal training events.The announcement follows the news that the ...
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Adam Sorensen from the WorldatWork: Communicating total reward effectively
A new survey shows employees spend nearly three hours a day worrying about their job security (Lynn Taylor Consulting 2009). With so much distraction how can organisations ensure that their employees remain focused on the work at hand? How can they continue to motivate employees when many of the tools ...
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Average earnings fall 0.4%
Average wages fell for the first time since records began in 1991, according to figures released by the Office for National Statistics.The average wage, including bonuses, fell 0.4% in the year to March, taking the average annual salary to £24,000. The public sector bucked the trend, with average wages including ...
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Recovery will require benefits staff says Recruiter magazine
Benefits staff will be in demand come the recovery, according HR recruiters says Recruiter, sister title to Employee Benefits.John Maxted, managing director at Digby Morgan, told Recruiter that talent and compensation staff as well as resourcing staff will be required.“I think there are perennial areas like reward where, whatever is ...
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Pada draws up shortlist to administer personal accounts
The Personal Accounts Delivery Authority (Pada) has drawn up a shortlist of four suppliers to administer the personal accounts scheme.The four suppliers are Logica UK, Danish firm Arbejdsmarkedet Tillaegspension, Great-West Retirement Services (which involves Canada Life Group and Great-West Life and Annuity Insurance Company), and Tata Consultancy Services.Pada completed its ...
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UPM chooses Capita Hartshead as single DB/DC admin provider
UPM has appointed Capita Hartshead as administrator for its two pension schemes. The schemes have a combined membership of just over 3,500, split approximately two-thirds/one-third between the defined benefit (DB) and defined contribution (DC) schemes.Girish Menezes, Capita Hartshead business development manager, said: “UPM has two pension schemes, both DB and ...