All Employee Benefits articles in Web Issue – Page 685
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Article
Paper published on global tax and social security
HR data and systems provider, ECA International, has published a free paper on tax and social security liabilities for both employers and employees around the world.The paper, Global perspectives – tax and social security, looks at developments in government policy across the globe in 2013 through guides and associated commentaries.The ...
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Article
Bupa launches mental health product
Bupa has launched a product to help employers identify the early signs of mental illness among employees.The product, Healthy Minds, provides early intervention through employee engagement, online self-help programmes and round-the-clock support for employees with mild to moderate psychological disorders, such as stress, anxiety and depression.Employees can also self refer ...
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Article
NAPF publishes guidance on remuneration policies
The National Association of Pension Funds (NAPF) has published its latest Corporate governance policy and voting guidelines.The guidance includes:New remuneration principles against which investors can judge an organisation’s pay policy and its appropriateness for that organisation.More robust expectations for corporate accountability.Greater emphasis on corporate reporting of extra-financial factors, including risks ...
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Article
Government publishes update on employee ownership
The Department for Business, Innovation and Skills has published an update on employee ownership, one year after the government’s response to The Nuttall review on employee ownership.The update, The Nuttall review of employee ownership: one year on report, said that progress has been made against all 28 of the review’s ...
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Article
Southco Manufacturing launches portal
Southco Manufacturing has launched an online benefits portal, which comprises the employer’s voluntary benefits package and a new environmental benefit.The online portal, My Southco Benefits, which is provided by BHSF, includes access to the engineering firm’s employee assistance programme, virtual doctor service, discounts scheme and the new environmental benefit, Green ...
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Article
Norton Rose Fulbright hosts wellbeing event
EXCLUSIVE: Norton Rose Fulbright has hosted a wellbeing event as the first phase of a holistic health and wellbeing strategy.The event, which was held on 7 and 8 November to coincide with National Stress Awareness Day on 6 November, included a healthcare benefits fair and a range of seminars for ...
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Article
Employers experience difficulties with RTI reporting
In September, HMRC published the findings of analysis into disputed pay-as-you-earn (PAYE) charges associated with RTI reporting.More than 44 million individual PAYE records are being reported using RTI, which represents more than 90% of all employment. Under RTI, employers have to send details to HMRC every time they pay an ...
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Article
Vebnet partners Nuffield Health to offer access to private GPs
Vebnet has partnered Nuffield Health to allow its employer clients to offer their employees access to the healthcare provider’s private GP service.The partnership, which is exclusive to Vebnet until 1 May 2014, includes:A 15-minute consultation within 24 hours of the initial request.Private referrals to consultants and specialists, either through private ...
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Article
USS acquires stake in NATS
The Universities Superannuation Scheme (USS) is to acquire a 49.9% non-controlling stake in The Airline Group, which is a 41.9% shareholder in National Air Traffic Services (NATS).The transaction was arranged by USS Investment Management (USSIM), a wholly-owned subsidiary of the university pension fund and its principal investment manager and advisor, ...
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Article
HMRC wins £300k bonus tax avoidance case
HM Revenue and Customs (HMRC) has won a case that would have avoided nearly £160,000 in tax and national insurance (NI) contributions on an employee’s bonus.The owner of a Cirencester-based pharmacy, LM Ferro, had received advice on how to extract value from the organisation in a tax-efficient manner.Tax advisory firm ...
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Article
TPR launches auto-enrolment compliance for recruiters
The Pensions Regulator (TPR) has carried out a series of fact-finding visits to recruitment organisations to ensure they are prepared for auto-enrolment.The visits, which TPR is making to a range of sectors, are to prevent and tackle possible breaches, ensure compliance, learn lessons and share good practice among the industry.The ...
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Article
Flex more popular among large employers
EXCLUSIVE: Flexible benefits schemes are more popular among larger employers, according to research by Aon Hewitt.Its Employee benefits and trends survey 2013, which Employee Benefits published a section of exclusively in September, questioned nearly 350 UK HR and benefits professionals.It found that 44% of respondents with more than 500 employees ...
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Opinion
Colin Hodgson: Don't underestimate role of pre-paid cards in global recognition
The first is the way we talk about reward and recognition. It is important for us all to remember that recognition is what employees want and what organisations need to give.Recognition does not always have to be associated with reward, but where it is, the reward reinforces the act of ...
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Article
DP World appoints Justine Brown
DP World has appointed Justine Brown HR director for Europe and Russia.She joins from John Laing Integrated Services, where she has been HR director for more than three years. She has also been HR director, primary care at Care UK.Previously, Brown spent more than 13 years at Taylor Woodrow, where ...
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Article
Barnett Waddingham launches auto-enrolment website
Barnett Waddingham has launched an auto-enrolment website to support small and medium enterprises (SMEs).The website, which is in partnership with provider Standard Life, also supports the pension consultants’ services already in place for SMEs.Its features include:Tips and a guide for SMEs on auto-enrolment.Animated videos that demonstrate the benefits of the ...
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Article
Use of self-service HR and payroll on the rise
A quarter of respondents intend to introduce self-service HR and payroll in the next two years, according to research by MidlandHR.Its research, Self-service e-evolution: HR and payroll, which surveyed 200 HR and payroll managers from UK organisations with more than 500 employees, found that almost two-thirds (61%) of respondents that ...
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Article
Effective employee value propositions engage staff
Global organisations that use an employee value proposition (EVP) most effectively are five times more likely to report that their employees are highly engaged, according to research by Towers Watson.Its Change and communication ROI survey, which questioned 207 large and mid-sized organisations in Asia, Europe and North America, found that ...
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Article
Mishcon de Reya appoints Ben Southworth
Mishcon de Reya has appointed Ben Southworth compensation and benefits manager.He has moved to the organisation from General Dynamics UK, where he held a variety of roles since 2003, including: HR manager, compensation and benefits senior analyst, compensation and benefits adviser and senior HR administrator.Vanessa Dewhurst, director of HR at ...
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Article
Duncan Brown: Low pay, no way
These include free childcare funded by a banking levy (Labour); taking those on the minimum wage out of income tax altogether (Liberal Democrats); and tax breaks for married couples (Conservatives).I was at two events in September exploring some of the ways in which the HR community might contribute on the ...
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Article
NCR enters defined benefits pensions buy-in
The NCR Pension Plan has entered into a pension insurance buy-in with Pension Insurance Corporation (PIC).The transaction aims to secure benefits for members of the technology organisation’s defined benefit (DB) pension scheme by transferring around £670 million of assets.The NCR Pension Plan covers approximately 5,600 members who were formerly, or ...